Posts Tagged ‘under’
‘Flash crash’ trading comes under regulator scrutiny
Author: Germina Lake
‘Flash crash’ trading comes under regulator scrutiny
Automatic trading by computers, blamed for Wall Street’s infamous ”flash crash”, is also driving a powerful surge in currency market turnover and has caught the eye of a key global regulator.
Read more on Sydney Morning Herald
Posted in Forex Books | 
Tags: comes, crash', FLASH, regulator, scrutiny, Trading, under | 
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Yen Under Pressure As BoJ Intervenes
Author: Germina Lake
Yen Under Pressure As BoJ Intervenes
A move above the 20-Day SMA led me onto a long CAD/JPY position which paid off handsomely today following the BoJs intervention. We have been expecting action from the central bank which is why I have been looking to get long the yen crosses. I chose the CAD/JPY as Canadian fundamentals made a separate case for being bullish the pair. Unfortunately, I wasnt able to build into my position at 82 …
Read more on Daily FX via Yahoo! Finance
Forex: USD/CAD drops under 1.0300
Author: Germina Lake
Forex: USD/CAD drops under 1.0300
FXstreet.com (Barcelona) – An improved risk appetite is favoring the commodity-linked Canadian dollar Monday, causing the USD/CAD to drop under the 1.0300 barrier in recent trading.
Read more on The Forex Market