June 26th 2009 Forex Midday Report

Written June 26, 2009 at 12:26 PM EST by  

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2 Responses to “June 26th 2009 Forex Midday Report”

  1. ncassie on June 26th, 2009 1:27 pm

    Greg…I trade the AUD/USD primarily, and notice you often comment on the commodities that affect this currency pair. Will you tell me specifically which commodities (and anything else) which seem to consistently affect this pair?

    Also, do you have any suggestions on good websites to get news on commodities and releases of important economic data which affect this pair?

    Thanks for your work. I watch your videos every day and they are most helpful!

    ~NCJ

  2. Greg Michalowski on June 26th, 2009 2:01 pm

    Australia is rich in industrial metals. Iron ore would be a commodity, copper, aluminum. All would be helpful. I have a Bloomberg system but if you have a subscription to the Wall Street Journal online, you can get information on prices for copper at least. If you go to http://www.bloomberg.com you can go to Market Data and find some price information. It might not be live pricing however. For news about Australia, query Australia newspapers. You should also query news on things like iron ore, commodities, etc. Below are some links to some newspapers.

    Daily Telegraph
    The Australian
    Courier Mail

    I am the currency contributing author for Equities Magazine and I wrote an article on the Australian Dollar a few months ago. You and our other customers may find it interesting. You can find it by clicking on the following link.

    CLICK HERE FOR EQUITIES MAGAZINE ARTICLE.

    I hope this was of some help to you.

    Best of luck with your trading.
    Greg Michalowski

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