Market Outlook – 25th May ‘09
After some very strong risk appetite for the entire period of last week, we are seeing some signs of slowing down during the first few hours of this Monday morning. However, we should not be fooled by the signs as yet, for we are looking at only the first few hours of a new week. [...]
Gbp/Usd-Signs of breaking down?
After a very strong rally of almost 600 pips in about less than 7 days, the Gbp/Usd has been having a very bullish period, buoyed by relative weakness of the USD as well. Gbp/Jpy has gone almost 1,300 pips, with less than 150 pips retracement, that was another spectacular move if you had caught it. [...]
Usd/Jpy Long Trend Trade – 1st May 09
First of all, Happy Labour Day to all of you. It is a holiday here in Singapore(and some parts of asia, i think!) and thank god for having a day off like this. After all, it is not often that we have a day off here in Singapore, which everyone comes together for a common [...]
Seeni J G
