HOT TOPICS LIST
- MACD
- Fibonacci
- RSI
- Gann
- ADXR
- Stochastics
- Volume
- Triangles
- Futures
- Cycles
- Volatility
- ZIGZAG
- MESA
- Retracement
- Aroon
INDICATORS LIST
LIST OF TOPICS
PRINT THIS ARTICLE
by Jayanthi Gopalakrishnan
Performance of the currency markets can affect stock prices.
Position: N/A
Jayanthi Gopalakrishnan
PRINT THIS ARTICLE
The Impact of Currency Markets
09/11/00 03:09:57 PMby Jayanthi Gopalakrishnan
Performance of the currency markets can affect stock prices.
Position: N/A
| Investors and traders were waiting in anticipation of a recovery in the markets especially after Labor Day weekend when everyone returned from their summer vacations. Given that inflationary fears could be put aside momentarily, there was a short period of time when market sentiment seemed to be turning position. But it was a very short period of time. Now a new fear has emerged: the fear of the Euro's performance. |
| As you can see from the chart of the September 2000 Euro contracts, it has reached an all-time low. This downward trend, which could continue for some time, has raised concerns among those in the investment community. Several US companies do business in Europe and the fall of the European Currency Unit (ECU) could dampen their corporate earnings. Unless the Euro starts showing some signs of recovery, fear will continue to dominate the market. |
|
| The current downtrend of the Euro could countinue. |
| Graphic provided by: Future Source, Inc.. |
| |
| At this point investors are keeping their eyes and ears open for developments in the European markets. So even if you trade only US domestic stocks do not neglect the overseas market as they can have a severe impact on your portfolio. |
| Title: | Editor |
| Company: | Technical Analysis of Stocks & Commodities |
| Address: | 4757 California Ave SW |
| Seattle, WA 98116 | |
| Website: | Traders.com |
| E-mail address: | Jayanthi@traders.com |
Traders' Resource Links | |
| Charting the Stock Market: The Wyckoff Method -- Books | |
| Working-Money.com -- Online Trading Services | |
| Traders.com Advantage -- Online Trading Services | |
| Technical Analysis of Stocks & Commodities -- Publications and Newsletters | |
| Working Money, at Working-Money.com -- Publications and Newsletters | |
| Traders.com Advantage -- Publications and Newsletters | |
| Professional Traders Starter Kit -- Software | |
Click here for more information about our publications!
Comments
|
Request Information From Our Sponsors
- StockCharts.com, Inc.
- Candle Patterns
- Candlestick Charting Explained
- Intermarket Technical Analysis
- John Murphy on Chart Analysis
- John Murphy's Chart Pattern Recognition
- John Murphy's Market Message
- MurphyExplainsMarketAnalysis-Intermarket Analysis
- MurphyExplainsMarketAnalysis-Visual Analysis
- StockCharts.com
- Technical Analysis of the Financial Markets
- The Visual Investor
- VectorVest, Inc.
- Executive Premier Workshop
- One-Day Options Course
- OptionsPro
- Retirement Income Workshop
- Sure-Fire Trading Systems (VectorVest, Inc.)
- Trading as a Business Workshop
- VectorVest 7 EOD
- VectorVest 7 RealTime/IntraDay
- VectorVest AutoTester
- VectorVest Educational Services
- VectorVest OnLine
- VectorVest Options Analyzer
- VectorVest ProGraphics v6.0
- VectorVest ProTrader 7
- VectorVest RealTime Derby Tool
- VectorVest Simulator
- VectorVest Variator
- VectorVest Watchdog