Best Forex Trading Signals
Spot Gold prices advanced, US Treasuries gained and the US Dollar also finished stronger yesterday amid concerns Europe’s Bailout package will unravel. In what proved to be a session of safe-haven trades global equity markets also took a large hit with the S&P 500 finishing 2.4 percent lower. As has been the driving influence over the weeks just passed it was again news out of Greece which triggered losses as Greek Prime Minister George Papandreou’s grip on power weakened following his announcement to take the Euro Zone’s most recent bailout package to referendum. Following the announcement the EURO was immediately sold across the board and after trading to an eventual low of 1.3607 against its US Counterpart it opens a full cent and a half lower this morning at a rate of 1.3706.
On the EURO front, volatilities are expected to continue in the coming weeks as the ultimate danger in a referendum lies within the fact it could be defeated with Greece potentially back to square one and facing the distinct possibility of default. Meanwhile in the US overnight the Greenback rallied against the Japanese Yen, opening stronger this morning at a rate of 78.325 with all eyes on the Open Market Committee due meet this evening.
Now, on to our open positions and new trades. Lets take a look at the specifics:
Open Orders
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New Orders
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