Archive for the 'Starting the day' Category

Change has come

Wednesday, November 5th, 2008

Those are the words of the new U.S. Elected President, Barack Obama; Is this important for forex trader? No doubts. Would in change markets trend in the short or medium term? I don´t think so. But a new president means new monetary policy, taxes policy, and for what I now, even a new “war” policy. […]

Starting a different day

Friday, October 31st, 2008

Hi everybody how are you? Last day of this crazy October. I cannot remember a month like this in the last years, with the many wild movements one way or the other we have seen lately. World is trying to reach a new international balance, in the middle of one of the  largest worldwide crisis; […]

Welcome to the jungle

Friday, October 24th, 2008

Hello everybody, hope you are fine. After a quiet corrective day yesterday, majors unwind today starting early in the Asian session. Despite NY closed positive, Tokyo stocks tumbled triggering again fears of a global recession, and pushing again investors quickly out of risky assets. In this circumstances,  Japanese yen jumped to a 13 years high against […]

Is there a floor for Europeans?

Wednesday, October 22nd, 2008

October 22th. European majors collapsed in Asian session, with Euro reaching the 1.27 and GBP the 1.62 levels,making again dollar and Japanese Yen the overall winners. As commented after the last G7 meeting, the optimism triggered is coming to an end, as economic outlook worsen, and certain messures are not taken. And when authorities state […]

Starting another day

Thursday, October 16th, 2008

October 16th. Hi everybody, hope you are fine! Greenback and Japanese yen are back. The optimism last finally just a couple of days (I was hoping on at least a couple of weeks) as fears of a global recession were triggered again; stocks fell around the world, and currency market remains under pressure, although not as much as […]

Starting another day

Thursday, October 16th, 2008

October 16th. Hi everybody, hope you are fine! Greenback and Japanese yen are back. The optimism last finally just a couple of days (I was hoping on at least a couple of weeks) as fears of a global recession were triggered again; stocks fell around the world, and currency market remains under pressure, although not as much as […]

In the begining

Monday, October 13th, 2008

October 12th. Hello everybody, hope you are fine! These last weeks market chaos, has seem to reached a top pike last Friday, when despite speeches, global coordinate rate cuts, and bailouts plans, stocks around the world continue falling heavily, with greenback and Japanese yen the over all winners across the board. Yet the announcement of a 5 point […]

Starting another chaotic day

Wednesday, October 8th, 2008

Hi everybody how are you!. I woke up, turn on the T.V., and the first thing I hear before even opening my eyes, was that stocks tumbled all around the world, in Asia and early European session; run to mi PC, to check out prices, and found out Japanese Yen running higher after breaking the […]

Starting the day, ending the week

Friday, October 3rd, 2008

Hi everybody hope you are fine. I’m unable to be here today, my apologizes. yet, I know I promised some long term analysis on mayors, so I will wait for today’s weekly close to start with it: for next Monday, I will have all it posted.
Take care of payrolls spikes and good trading!
 
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To the rescue

Friday, September 19th, 2008

Hi everybody, how are you? after hitting a two weeks low against European currencies, market continues highly volatile and greenback is making big progress all across the board, as yesterday The Federal Reserve, the Bank of England, the European Central Bank, the Bank of Japan, the Bank of Canada and the Swiss National Bank said […]