Archive for October 31st, 2009

 

Weekly Review and Outlook: Risk Aversion Back ahead of an Important Week

Oct 31, 2009 in Grow Financially, Investment Protection, Opportunities

Dollar and yen rode on a wave of deteriorating risk sentiments last week and surged sharply across the board. Stronger than expected Q3 GDP from US triggered some optimism in the markets on Thursday but the impact faded on Friday as stocks ended a strong but rather brief rebound and…

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EUR/USD Weekly Outlook

Oct 31, 2009 in Grow Financially, Investment Protection, Opportunities

EUR/USD’s fall from 1.5061 extended further to as low as 1.4682 last week. Subsequent recovery was limited well below 1.5061 and EUR/USD weakened again to close the week near to the weekly low. Initial bias is mildly on the downside this week and break of 1.4682 will confirm that fall…

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