We are all aware of the weak dollar. Do we know the ramifications? It is good to know who wants a weak USD and why they want it. Great article in the USA Today. Read it!
http://www.usatoday.com/money/markets/2009-10-12-dollar-earnings-drop_N.htm
Dow closes above 10,000. This is big news as the bears were looking at the less than stellar numbers released in the last few days as a reason for a correction. Looks like the Bulls are going to run a bit longer!
Wednesday, October 14, 2009
Wednesday, October 7, 2009
Like What I See
Taking a quick look at the charts and their are a few pairs setting up nicely for Grail trades. Particularly interested in GBP/USD and AUD/JPY. Should be a very nice month for The FXGrail.
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