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Thread: Forex / Wall Street Link

      
  1. #1
    Primordial FX Goo
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    Default Forex / Wall Street Link

    I'm new to forex, and I'd like to make some decent returns (for a change)

    The more I read about the forex, the more they talk about the stock markets in countries. If stocks are up, it usually strengthens a currency. If they're down, the currency is usually weakened. Is that typically true, always true, or just a plain crap shoot.

    If it is true. Let's say the dow closes up 2+%. Does that mean during the night session, that the USD is going to be a safer bet than it normally would be if the stock market stayed even?

    Thanks for any tips
    Thanks ttx2011 thanked for this post

  2. #2
    Pips Are My Game Perry's Avatar
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    thats a really good question

  3. #3
    Pips Are My Game Paprika's Avatar
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    I'm really not too sure either

  4. #4
    I'll Take Her, Dont Worry #01's Avatar
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    Default Re: Forex / Wall Street Link

    Currency trading is by banks mostly. Wall street deals with companies.

  5. #5
    Pips Are My Game
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    Default Re: Forex / Wall Street Link

    good question really

  6. #6
    My Pips Are Growing ttx2011's Avatar
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    Default Re: Forex / Wall Street Link

    Quote Originally Posted by jdlev View Post
    I'm new to forex, and I'd like to make some decent returns (for a change)

    The more I read about the forex, the more they talk about the stock markets in countries. If stocks are up, it usually strengthens a currency. If they're down, the currency is usually weakened. Is that typically true, always true, or just a plain crap shoot.

    If it is true. Let's say the dow closes up 2+%. Does that mean during the night session, that the USD is going to be a safer bet than it normally would be if the stock market stayed even?

    Thanks for any tips
    no, usually the USD goes down when the stock market is up. just because stocks do well doesn't strengthen a currency because there is less liquidity

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