Month End Likely To Keep Currency Traders On Their Toes

All the elements are in place for this to be a lively and volatile month-end, but equity market performance may well be the overriding factor driving currency movements. The massive losses yesterday have only compounded the sense of risk aversion in the market, and as such we’ve seen a concerted sell-off in commodity currencies, EUR and GBP – coinciding with increased demand for USD, JPY and to…

Wednesday Look Ahead: Wall Street’s Rough Quarter Comes to An End

Call it window ‘undressing.’ Stocks took a beating in the second quarter, and the final days are bringing out the worst.

S&P’s Approach to 1040 May Be Bad Sign for Stocks: Technicians

Some technicians say the S&P 500s move below 1040 signals a technical head and shoulders pattern, a bearish sign for stocks.

Forex news