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Forex Market Hit By Crisis Of Confidence

February 6th, 2010
Posted in Forex News

A full-fledged meltdown in the forex markets is the best way to describe today’s price action as investors sought safety in the low yielding U.S. dollar. The greenback rose against every major currency except for the Japanese Yen which further indicates that risk aversion is behind today’s strong demand for dollars. Do not [ READ MORE ]

Euro Optimism (And not just Dollar Pessimism)

October 27th, 2009
Posted in Forex Training

According to a recent Merril Lynch (Bank of America) survey, Europe has officially returned to favor among investors. “A net 30% of global portfolio managers see euro-zone equities as undervalued relative to other regions, the highest reading since April 2001. A net 11% are overweight Europe, the first overweight allocation in nearly two years, said [ READ MORE ]

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