Friday, November 26, 2010

Markets follow the Euro lower

The Euro keeps on losing ground against the dollar, which is negative for stock markets.

The FTSE 100 is down 1.3% and US Futures also point to a negative start. The US markets are only open for half a trading session today due to Thanksgiving weekend.

Our market is down 0.78% and is trading at 31056 at the moment. Volume is below average due to the US markets shortened trading hours.

The market is trending lower, but in an orderly manner at the moment. We are down about 2.5 from the high of 31859 on Monday the 15th of November. Hopefully we'll see volume coming back into the market on Monday.

Safe trading

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