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Forex trend?


Forex trend?

Trend is a direction a market takes. So Forex trend is a direction in which a currency pair goes. I am running a blog where you can get free information about the forex market and how to interpret it.

http://the-forex-trading.blogspot.com

dollar going to drop to about 106 yen to the dollar
Yen going to appreciate against the Euro.
Dollar and Euro will probably star around the 1.23 to 1.26 area.

Morganstanley.com is a good place to start.

The Japanese gov't / fed reserve system is intervening to keep the yen above 109.0000 . Until that policy changes it ain't going down much more. Or until they run out of money (takes a while).

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