Tuesday, February 16th, 2010 at
2:28 pm
The US Dollar concluded the week right about where it started, puzzling traders with unstable temporary actions keeping its form almost unaffected. Likewise uneven price move in the S&P 500 underlined financial markets’ indecisiveness and gave little signs on upcoming short-term course. Apparently, financial markets have come to the point of a deadlock. On the contrary, many consecutive months of stock market progresses leave additional medium-term drive to the topside. On the other, the S&P 500 and other major indices stay in a clear bear market and risk more losses after a quite long period of appreciation.
Tuesday, February 9th, 2010 at
3:36 pm
Taking into consideration that the unusual rally the dollar could gather this recent week, and the momentum it has included to the currency’s striking bull tendency; it looks unsuitable to begin estimating on when this drive is going to pause. But it is essential at all times to examine the life span of a trend. If not, it’s going to be very difficult to know when to take profit. The main basic force behind the dollar’s existing run is a deep source of momentum. The reverse of risk flows in the financial markets will be able to proceed for a while and involve considerable shifts in underlying capital. During 2009, investors were expecting to reinvest their provisional capital that had been idled by the most awful financial crisis in history.