Euro Under Pressure Means Forex Trading Should Not be Foreign to You
Currencies / Euro Jun 23, 2010 - 08:53 AM GMTIt's the biggest market in the world and is traded 24 hours a day, 6 days a week, and therefore one that is impossible to ignore. I'm speaking, of course, about the forex market.
The question is, is this the tail that's wagging the dog? Meaning, is the forex market, mainly the euro, dictating the trend in American and European equity markets.
The answer is yes, for the moment it is. Now, if you're not familiar with the forex markets and the euro, you should look at the ETF FXE, the spot euro, and also the euro futures market at the Chicago Mercantile Exchange (CME), as they are all tradable.
In today's short video we show you exactly how we think this currency will play out in the future.
As always, our videos are free to watch and there is no need for registration. Please comment on your thoughts on this market on our blog.
All the best,
Adam Hewison
President, INO.com
Co-creator, MarketClub
By INO.com
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Comments
guava
25 Jun 10, 02:32 |
Hello
Its impossible to ignore forex market, even you are not trading in this market. Nice video.. |