Currency Market Updates

So What is the Impact of the Situation in Dubai ?

Nobody is really sure what the effects of the Dubai restructuring has in store for the rest of us. There is no guarantee that Dubai’s ‘fairy godmother’ will stand behind its liabilities.

Successful Forex Trading Involves Patience

Wise words: “Successful forex trading involves patience and the willingness to get to know the market by trading forex over time.” says Michele Lewis, a spokeswoman for eToro,

Dubai Fears Rattle Markets

Reaction to the Dubai restructuring has led this morning for a rush into risk averse investments. The appetite for the USD relieves pressure on Yen, Aussie and Kiwi dollars.

USD/JPY Breaks to 14 Year Low

Thanksgiving has not bought much joy to USD. The USD has lost key resistance levels against the EUR , CHF and YEN. The pound seems to be one of the few exceptions.

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