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Alpari UK - FX Weekly Update
17th - 23rd October 2011 Top Themes & Look Ahead • The dollar is dropping in October as quickly and broadly as it rose in September - the potential for a policy breakthrough in Europe and a decent start to the Q3 earnings season is helping USD shorts • 20% of the S&P reports this week – Techs and Financials are most in focus • EU Summit on Oct 23rd is the next focal point for FX markets following G20 summit this past weekend http://www.alpari.co.uk/files/site_u..._fx_weekly.pdf |
#2
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GBP is not falling a bit where USD is gaining rapidly. Basically due to the Donald Trump issue USD lost its value too much. After Joe Biden, I started to deposit on USD with FreshForex broker and still I am on 700 pips profit where I will wait for the end of this year.
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