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Old 08-08-2008, 03:07 AM
cyrusjohns
 
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good Work Zen,

Basically i go through all the news for my trading strategies. The biggest news that is hitting the financial market is that the dollar lost ground against the yen, thus retreating from its 7-month high achieved due to the fall of oil prices to a 3-month low. Most of the traders preferred to sell on the profits of the previous day, in which the oil's drop beneath $120 a barrel supported stock gains and investors are willing to take more risks after yesterday's new found support in the dollar.

Hope to see some corrections now.

this news source: http://www.finexo.com/docs/tech_analysis/emc.pdf
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