Excerpt from: Spot Forex
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| April 23, 2010 | | Euro gets relief in spot forex trading | Spread betting and contracts for differences on the euro should consider that it is getting a little bit of relief on the spot forex market. Euro has been taking a pounding lately as the Greece situation remains unresolved.
However, Greece officially asked for help today, and the spot forex market is reacting favourably, give a small boost to the euro. The euro still has quite a ways to go in spot forex trading, but if the euro zone can clean up this mess, and get its member nations back on track, things should improve.
Meanwhile, a touch of risk appetite is helping a little, as European stocks move higher.
| Topic Tags: contracts for differences, euro forex trading, spot forex market, spot forex trading, spread bets, spread betting | |
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