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Market Update from Trade The News
Published by InformedTrades
08-22-2008



Default Market Update from Trade The News
Market Update from Trade The News

Asian Market Update:
USD gains ground ahead of Bernanke speech

- Forex: The USD gained some ground in
Asia, with traders positioning for an important speech from the Fed's
chairman. EUR/USD drifted all the way down to 1.4860, while USD/JPY jumped
above 109.00. On the USD/JPY downside, 108.15 (Aug 6 low) is expected to
provide some support, with traders hearing ...

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