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forexchief

Forex review December 23, 2010

Discussion in 'Diskusi Forex' started by ikonfx, Dec 24, 2010.

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  1. ikonfx

    ikonfx Banned

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    On December 23, 2010 (Wednesday), the market was obviously affected by Christmas holidays, the global stock and forex market was light, only the Australian dollar held strong in all sessions by leveraging its high interest rate differential against other currencies. European debt problem remained a leading factor of forex markets.

    Yesterday the major credit rating agencies took actions frequently, after Moody's issued a negative outlook on Spain's banks, Greece, Fitch also put Greece on rating watch negative, saying that It probably cut Greece's ratings to junk-bond level.

    But it was reported that China was ready to buy 4-5 billion euros of Portuguese sovereign debt. China's central bank declined to comment on the report, causing European currencies to maintain the weak correction yesterday.
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  2. ali200

    ali200 New Member

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    Foreign Exchange (“forex”) trading has become increasingly popular in recent years, and for a handful of reasons. Among other things, forex allows traders to make money in any market, any time of day, any day of the week. The field is virtually limitless. For anyone with a bit of money to invest, a minimal degree of risk tolerance, and the desire to trade forex, gold, oil and/or other commodities online, Easy-Forex is competitively positioned to be the vendor of choice.

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