-
Technical sell signals coming through on EUR/USD, AUD/USD and GBP/USD
Wall Street jumped higher yesterday as markets reacted to the easing measures put in place by the People’s Bank of China. The S&P 500 rallied by 0.9% as Morgan Stanley became the latest bank to beat estimates. Asian markets have been a touch more positive today, with the Nikkei 225 rallying 1% as the yen has begun to weaken again. European markets are a little more reticent today, with a mixed showing in early trading with Greece giving cause for concern. In forex trading, after battling back yesterday, the US dollar has continued its recovery and is trading positively against all forex majors. The prices of gold ... (full story)