Excerpt from:  Spot Forex
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March 23, 2010

Aussie Pulls Back in Spot Forex Trading

Spread betting and contracts for differences on the spot forex market

The Aussie appears to be pulling back in spot forex trading. Spread bets and CFDs on the Aussie should consider that it is taking a breather as uncertainty adds to some of the risk aversion surfacing.

U.S. stock futures are flat this morning, and that is adding to the uncertainty. Additionally, there are still questions in Europe about whether Greece can fix its problems. And, finally, gold remains sluggish today.

However, things could easily turn around, depending on the mood of investors as the U.S. stock market opens.

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Topic Tags:  CFDs, contracts for differences, spot forex market, spot forex trading, spread bets, spread betting, U.S. stock futures

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