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Pre-Market Analysis of the Currency Markets |
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By Bob Iaccino
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January 17, 2012
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Our weekly review of the currency markets will highlight several different markets including a look at the EUR/USD. Many people think that the recent decline in the EUR/USD is correlating to the decline in the GBP/USD. I don't like to correlate these two markets. Simply because the Euro is declining does not mean that we should be short the Sterling.
For more from Bob, please visit Trader Outlook.
This website is for educational purposes only. Futures, options, and spot currency trading have large potential risk and traders should be well-educated before putting real money at risk. You must be aware of the risks and willing to accept them in order to invest in all markets. Don't trade with money you can't afford to lose. This website is neither a solicitation nor an offer to buy/sell a futures contract or currency. |
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This website is for educational purposes only. Offers and events from 3rd party vendors are provided for convenience only. Trader Kingdom is not responsible for the content of a 3rd party website or their services.
Futures, options, and spot currency trading have large potential risk and traders should be well-educated before putting real money at risk. You must be aware of the risks and willing to accept them in order to invest in all markets. Risk capital is money that can be lost without jeopardizing ones financial security or life style. Only risk capital should be used for trading and only those with sufficient risk capital should consider trading. Past performance is not necessarily indicative of future results. This website is neither a solicitation nor an offer to buy/sell a futures contract or currency.
