Tuesday, May 13, 2008

Forex site shows how market reacted to news

Nice blog. Thanks for your work on it.

I've recently created a completely free forex website which hopefully will be of use to you.

The purpose of this site is to show you how the forex market reacted in the minutes and hours after news was released. Patterns have emerged. For instance, if the USD Non Farm Payroll number is significantly better than expected, the USD will initially gain against the GBP and Euro in the minutes after the number is released, and then lose value shortly there after.

Site:
http://www.forexnewspatterns.com
[the link will return when a website gets content]