Daily Market Review 02/02/12
by Martin Parvanov
The euro weakened against the dollar and the yen as prolonged negotiations between Greece and its creditors continue to spread concerns Europe’s crisis will deepen. The final decision will be a catalyst for the single currency direction and until then I expect to witness wide range trading.
Meanwhile the Australian and the New Zealand dollars [...]
Weekly market review
u.s:
Last week theU.S.celebrated Thanksgiving, it has been the worst holiday week for the markets since 1932. The s&p and the dow decreased by 4.7% and 4.6% respectively, while the nasdaq lost 5.7%.
Dow – double top trend did an impressive job last week, but yesterday we saw a counter trend bounce to a short term fib [...]
Forex Options
The acronym for foreign exchange, forex trading refers to the trading of currencies of different countries against each other. Forex trading is carried out by choosing a pair of currencies that can change in value as against each other and are therefore traded. A fast paced and highly volatile market, forex trading requires research and [...]
