Daily Forex Commentary for July 24, 2009

July 23rd, 2009 • Related • Filed Under




July 24, 2009

Forex Traders Should See Strong Volatility on Friday

Microsoft, Amazon and American Express announced worse than expected earnings after the close today forcing a gap lower opening in the stock indices in early trading. This could help trigger a flight to safety break tomorrow in the Forex markets which should help the U.S. Dollar and the Japanese Yen erase some of this week’s losses.

There really has not been a lot to analyze or write about this week as most of the trade has been dominated by risk/no …
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