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Today's Live Show: Will the ECB "Soap Opera" Performance Hurt the EUR?

Tue, May 5 2009, 16:51 GMT
by Ilian Yotov

AllThingsForex  |  View company's profile


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Forex traders, join the daily All Things Forex broadcast- a live one hour program covering Forex and major economic events, trend developments, research, analysis, ideas, education, live traders forum, interviews with some of the most respected names in the trading world, and much more..

In the broadcast today: Will the ECB "Soap Opera" Performance Hurt the EUR? With the European Central Bank's meeting just around the corner, we examine the "drama" surrounding the ECB Council and its impact on the EUR, we follow up on the USD/CAD pair's break below an important mid-term support, we analyze the trend developments with the currency majors and the market's reaction to the Reserve Bank of Australia's Interest Rate decision, the Euro-zone PPI, the U.S. ISM Non-Manufacturing Index and the Fed Chaiman Bernanke's testimony to the congressional Joint Economic Committee, we discuss new forecasts from Citigroup, Bank of New York Mellon and UBS, and prepare for the trading session ahead.

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Trading foreign exchange on margin carries a high level of risk, and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to invest in foreign exchange you should carefully consider your investment objectives, level of experience, and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with foreign exchange trading, and seek advice from an independent financial advisor if you have any doubts.
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Trading foreign exchange on margin carries a high level of risk and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to trade foreign exchange you should carefully consider your investment objectives, level of experience and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with foreign exchange trading and seek advice from an independent financial advisor if you have any doubts.

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