actionforex.com
Asian Market Update
10.07.2008 01:24
actionforex.com
Australia's median inflation expectations stays at a 15yr high: (AU JULY CONSUMER MEDIAN INFLATION EXPECTATION: 5.9% V 5.9% prior) The survey found that only 7.5% of the 1,200 respondents believed that inflation would come back down to within the RBA's target band of 2%-3% in the coming year, off from...
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Daily Forex Market Commentary
10.07.2008 00:20
actionforex.com
The dollar's attempts to pad its gains were unsuccessful on Wednesday, as Iran's test of missiles triggered a knee-jerk reaction. The US currency sank broadly and my model went short. Firing nine missiles doesn't change a thing, but the US equity indices sinking into recession do. Thus, choppy trading should...
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