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Interesting Changes on Forex


RVWITHME
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Forex screen at Trading Charts is currently showing (as of 8:05 their time) IQD at 1135.8000 and VND at 20,123.000

The "Ask" is within the normal range, but I haven't seen this much fluctuation (to the upside) in quite a while.

(I made a screen capture, but not sure if I can post it here without permission)

Check it yourself here:

[http://www.forex.tradingcharts.com/quotes/index.php?sym=usdiqd&Submit=Go&tz=GMT]

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Folks remember these are auctions. The bid starts low and usually ends up somewhere around the ask price before the close of the auction. I wouldn't be concentrating on the auction prices to much as they mean nothing till the auction is complete. What we are looking for is a major change in rate. When you see it, you will know it.

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