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2013-01-21
Daily Currency Strength and Weakness Analysis

EUR is the strongest currency, losing some ground after a bullish run last week.
NZD is the 2^nd strongest currency, still negative after it started weakening last week.
AUD is the 3^rd strongest currency, edging downwards.
USD is the 4^th strongest currency, weakening after its strength last week.
CAD is the 5^th strongest currency, edging down after last week’s strength.

JPY is the weakest currency, suddenly strengthening again after its losses last week.
GBP is the 2^nd weakest currency, continuing its weak performance.
CHF is the 3^rd weakest currency, edging down after a show of strength last week.

Traders Note: There are no ideal pairs this morning as all the strong currencies are weakening this morning. We will wait for some clearer direction, before we attempt to trade.

Risk Warning : Trading in forex is one of the riskiest forms of investment available in the financial markets and suitable for sophisticated individuals and institutions. The possibility exists that you could sustain a substantial loss of funds and therefore you should not invest money that you cannot afford to lose.

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Forex Risk Warning

Trading in Forex is one of the riskiest forms of investment available in the financial markets and suitable for sophisticated individuals and institutions. The possibility exists that you could sustain a substantial loss of funds and therefore you should not invest money that you cannot afford to lose.

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