Results for ford
1 articles with this tag name
  • The US dollar traded lower today as safe haven demand subsided. New fiscal stimulus has been announced in Australia and Japan leading US investors to hope that similar help is around the corner. The full Senate is expected to vote on the $885 billion stimulus package this week and the prospect of a swift approval is having a big impact on the currency market. Politics is overshadowing economics and in that same vein, any delays in getting the money into the hands of Americans could derail the greenback.

TRADE IDEAS

  • Trades to Watch
  • Trades in Progress
currency trade idea
GBP/USD
Medium term



Buy Buy at 1.5702
Stop at 1.5676
Target at 1.5742
CHF/JPY
Medium term



Sell Sell at 83.7900
Stop at 84.02
Target at 83.44
currency trade idea
GBP/JPY
Medium term
Opened 2/1/2012
Buy Long from 121.0500
Stop at 120.17
Target at 121.9
USD/CAD
Medium term
Opened 1/31/2012
Sell Short from 0.9990
Stop at 1.0078
Target at 0.9905
AUD/NZD
Medium term
Opened 1/31/2012
Sell Short from 1.2870
Stop at 1.295
Target at 1.273
These are hypothetical trades and should not be relied upon as a substitute for independent research.

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