Regional stock markets in for a tough day
By Sean Lee || July 2, 2009 at 23:15 GMT
|| 4 comments || Add comment
The FX market will be watching the Nikkei and Kospi closely when they open in a little under an hour. The almost 3% falls on Wall Street and in the oil price was reminiscent of the bad old days last October/November and the subsequent thin and illiquid markets was another reminder. Any sign of panic selling on stock markets will see pairs like EUR/JPY and AUD/JPY come under some severe pressure.

AUTOREFRESH 
















Hi Sean
I am still lost when it comes to intrest , on long Aud / Usd per 10,000 how much should you gain in pips per day ?
A lot depends on your broker Burt but I would think you should get about 0.5pips per day.
no wonder I kept looking for more hardly worth the time , I bailed out of my Aud ,seen enough .
Long, baby lonnnnnnng!