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Dukascopy Market Review, US Session, 28th December

Previous session overview

The dollar is little changed against the yen early Monday, hovering close to its recent highs, as investors make last-minute year-end trades.

Currency movements reflect the market thinness that's typical for the days between the Christmas and New Year's breaks, rather than any underlying fundamental factors, said analysts.

The dollar has rallied significantly in December and is sticking close to the two-month peak it reached last week against the yen. It's als… Continue

Posted on December 28, 2009 at 4:13pm —

TradingHelpDesk

The Global Economy - 28th December 2009

US 3rd Quarter GDP Revised Lower

The US economy expanded at a slower rate than previously reported in the period from July to September. Latest data indicates the economy grew at an annualised rate of 2.2% down from the 2nd revision of 2.8% and significantly lower than the preliminary report which predicted Q3 growth of 3.5%.

The disappointing revision came as a surprise to most economists who expected no change to the 2nd report. Lower corporate inventories, weak construction spending… Continue

Posted on December 28, 2009 at 4:08pm —

TradingHelpDesk

Learn What's Really Behind Stock Market Moves & More

Greetings,

We're excited to announce that our friends at Elliott Wave International are offering a free 50-page report from Robert Prechter. Although originally published in 1985, “Popular Culture and the Stock Market” is so timeless and relevant that USA Today covered its insights in a recent November 2009 article.

The report walks you through the ups and downs of the DJIA -- our most sensitive meter of social mood -- and analyzes the trends in popular music and TV shows through periods of po… Continue

Posted on December 28, 2009 at 3:57pm —

TradingHelpDesk

EURGBP Trend, 28th December



Please do your own research and analysis.

Trade Now and Get 10% Bonus FREE!

Posted on December 28, 2009 at 3:11pm —

TradingHelpDesk

Dukascopy - Swiss Forex Marketplace



By combining access to the Swiss Foreign Exchange Marketplace with an enhanced trading platform and strong financial services via its banking partnerships, Dukascopy – SWFX Swiss FX Marketplace continues to set the global industry-standard for ECN forex trading.

Dukascopy is a member of ARIF. ARIF is a self regulating organization whose goal is to insure correct application… Continue

Posted on December 28, 2009 at 10:00am —

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