DailyMarkets.com - The G-7 Forex Intervention Is A Perfect Example Of How Manipulated The Global Currency Market Really Is

The G-7 Forex Intervention Is A Perfect Example Of How Manipulated The Global Currency Market Really Is
Forex – Weekly Outlook: March 21-25
Significant Breakdown In Gold Or A Short-term Bottom In Platinum?
Buying Opportunity At Hand But Vigilant Awareness Is Necessary

The G-7 Forex Intervention Is A Perfect Example Of How Manipulated The Global Currency Market Really Is

Posted: 20 Mar 2011 03:45 AM PDT

What do governments and central banks do when they don’t like what is happening in the financial markets? They directly intervene and they manipulate the financial markets of course. On Friday, the central banks of the G-7 acted in concert to drive down the value of the surging yen. So why did they do this? Well, the fear was that a rising yen would hurt Japanese exports at a time when the economy of Japan needs all of the help that it can get. So, as central banks have been … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Forex – Weekly Outlook: March 21-25

Posted: 20 Mar 2011 02:53 AM PDT

Forex Pros – The yen weakened against the U.S. dollar on Friday after the Group of Seven nations intervened in foreign-exchange markets to curb the currency's recent gains, in support of disaster-hit Japan.

The group intervened in markets for the first time since September 2000, and for the first time ever selling yen.

Japan's Finance Minister, Yoshihiko Noda, said the coordinated central bank interventions were an attempt to limit the damage a strong Japanese currency would have on the … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Significant Breakdown In Gold Or A Short-term Bottom In Platinum?

Posted: 20 Mar 2011 01:45 AM PDT

Japan is definitely the talk of interest in capital markets. The economic fallout in the recent days did not lag much behind nature's destructive forces. The financial aftershocks gathered force as investors fled from assets deemed risky such as stocks, oil and gold (the latter is quite surprising). Amid worries that the crisis could slow down a global economy, investors were also spooked by a 16 percent drop in Japanese shares early during the week. Stock markets slumped around the … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Buying Opportunity At Hand But Vigilant Awareness Is Necessary

Posted: 19 Mar 2011 08:04 PM PDT

In recent BullBear Market Reports I was able to successfully identify the apparent Wave 3 of (3) top at SPX 1344. I advised BullBear Trading members that I was taking 40% of my long position off the table and closing long positions in Nikkei as well as exiting short US Treasuries. I might have taken more of the position off but there was some doubt, until the Japan Panic hit, about the degree of the correction at hand. All in all, the analysis and timing were quite solid.

On … [visit site to read more] or compare Best Credit Cards and Best CD Rates