U.S. Stocks Offer Important Signals for Currency Investors
June 08, 2010 at 09:00 AM EDT
Currencies represent the truest reflection of economic fundamentals and market sentiment. Therefore, they continue to be an important segment of the financial markets to watch. Since the “flash crash” in the U.S. stock market on May 6, most market pundits and financial media have had their eyes glued to the euro for explanations on stock market activity. Take a look at these headlines to see what I mean … • Reuters: “Stocks Slide, Euro Falls After Spain Downgrade” • Associated Press: “Stocks Slide After Euro Falls to New 4-year Low” • Press TV: “Euro Concerns Pull Down Global Stocks” So perhaps there’s never been a more important time to keep abreast…