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The Australian sharemarket has plunged in a main-based sell-off, as fears grow the eurozone's difficulties crisis could worsen. At their peak, today's falls wiped another $35 billion off the trade in's value, bringing May's losses to about $110 billion.
5.40pm: Bit of a hold-up - here's the market wrap for the
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Still, we also certain that while price is notoriously difficult to forecast, volatility tends to be express-reverting, suggesting that traders who are counting on further rollercoaster toll moves in the Swiss pairs may be sorely disappointed. |
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Hortatory WARNING: FOREXLIVE provides references and links to selected blogs and other sources of money-making and market information as an educational service to its clients and prospects and does not sanction the opinions or recommendations of the blogs or |
