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Market Summary 10 Mar 10

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  • Started 6 months ago by ukey
  1. ukey
    Moderator

    It's been a good week, with market signaling an increase with rising volume. Yesterday's actions came with a high volume, albeit much of it came when market is selling off. While being a tell tale sign of heavy selling, the market still ended up, meaning the current uptrend is not dislodged.

    At the same time, the relationships between currencies had changed significantly, with USD rising together with many other currencies, including the commodity currencies. Until a new relationship establishes, its telling that further depreciation of the USD is under way.

    Posted 6 months ago #

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