The equity markets today experienced a lot of volitility as the FOMC news spurred traders to buy in early morning trading and take profit later in the trading session. Daytraders need to cautious if they are not skilled in navigating this type of market.
http://www.freetradingvideos.com/vlog/default.asp?category=1 Date: Tue, 11 Aug 2009 21:12:22 +0530 Subject: {GS} Economic data for 12th Aug From: [email protected] Fed Interest Rate Decision Actual: release at 18:15 GMTCons.: 0.25%Previous: 0.25% The Board of Governors of the Federal Reserve announces an interest rate. This interest rate affects the whole range of interest rates set by commercial banks, building societies and other institutions for their own savers and borrowers. It also tends to affect the exchange rate. If the Fed is hawkish about the inflationary outlook of the economy and rises the interest rates it is positive, or bullish, for the USD -- Power and Repose: Swami Vivekananda. http://www.youtube.com/watch?v=BcG-jDGG4UY _________________________________________________________________ Express your personality in color! Preview and select themes for Hotmail®. http://www.windowslive-hotmail.com/LearnMore/personalize.aspx?ocid=PID23391::T:WLMTAGL:ON:WL:en-US:WM_HYGN_express:082009 --~--~---------~--~----~------------~-------~--~----~ You received this message because you are subscribed to the Google Groups ""GLOBAL SPECULATORS"" group. To post to this group, send email to [email protected] To unsubscribe from this group, send email to [email protected] For more options, visit this group at http://groups.google.com/group/globalspeculators?hl=en -~----------~----~----~----~------~----~------~--~---
