Forex | Forex Blog | Forex and Financial Market Update 14 July 2009 (20/07/2009 06:22:40)

Forex and Financial Market Update 14 July 2009

Markets make modest gains on mixed inflation and retail data:

Although the S&P 500 posted a 0.5% gain and the Dow closed up 0.3%, the price action in the equity, Forex, and commodity markets were fairly muted as each market moved in tighter ranges with overall sloppy and choppy price action. The earnings news from Goldman Sachs did little to excite the markets as it became apparent that participants bought the rumor yesterday and sold the fact today.

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