
Welcome to the new trading month, where the majority of traders really want to forget September’s huge swings, but it doesn’t look like the volatility is going anywhere. Equity markets were slammed in all sessions and the US dollar benefited … Continue reading →
Daily Recap–Euro erases gainsThe Dow broke a 3-day winning streak today as investors and traders sold stock in an effort to decrease risk. The flight to safety caused the price of US treasuries and in turn the USD to rise. This pushed the … Continue reading →
Daily Recap–Stop Loss ChoicesWhen trading the financial markets, all traders must bear in mind what is called risk management. Financial market traders can get their accounts wiped out and lose their equity fast if they don’t adhere to the rules. Risk management rules … Continue reading →




The euro has fallen against the yen to the lowest it's been in ten years and the lowest it's been to the U.S. dollar in nearly 12 months as the European Central Bank lent a record-setting amount of money to regional banks in order to keep credit active, according to Bloomberg.
As oil prices fell below $100 a barrel on Wednesday, the euro retreated to an 11-month low against the U.S. dollar after the drop in short-term Italian borrowing costs faded, according to Reuters.
According to a Japanese official working in New Delhi, India and Japan have agreed to a $15 billion currency swap, a move which is expected to help the struggling Indian rupee, the worst-performing currency in Asia this year, Reuters reports.
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