Trading the News in 2012
Developing themes in the world economy are expected to drive price action in 2012, but doing your homework and having a good set of rules will be key to trading the news.
Developing themes in the world economy are expected to drive price action in 2012, but doing your homework and having a good set of rules will be key to trading the news.
Bearish continuation patterns in Yen crosses give scope to sharp declines to begin 2012.
The greenback tumbled lower ahead of the New Year, with the Dow Jones-FXCM U.S. Dollar index slipping to a low of 9,924, but the recent weakness is likely to be short-lived as the fundamental outlook for the world’s largest economy improves.