Well finally GM will be let go and this has spooked the markets. Good decision but strange why banks are left with bailouts but not a main street company. Equities are set to break their weekly trend line and hence the trend shifts to the down side. Short the spike ups. Bonds will edge higher and forex markets will take their direction from equtities. Risk trade coming back into the Yen. Keep your helments on for the day …
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The Foreign Exchange (Forex) is a wonderful market to trade in, but it’s very easy to lose a bundle if you are just starting out. For those considering taking the plunge for the first time, my advice is to seek as much information as possible, such as at this website, or one of the more popular free forex information sites such as http://www.forex-critics.com/blog — Good luck.