Forex | Forex | Market on pause; are the highs in? (31/07/2009 21:36:26)

Market on pause; are the highs in?

Today marked the end of a significant month in equities, but one may not have realized it by looking at intraday trade. The month of July saw a rally that, in terms of percentages, was the strongest seen since 2002. Traders were relatively undecided on the fate of the equity rally following a better than expected advanced GDP estimate for the second quarter but a simultaneous revision downward to first quarter growth. Second quarter Gross Domestic Product is estimated to be a negative 1% as


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