Boston terror attack adding to market woes

Author: Adam Button | Category: News

Author: Adam Button

Any time there is uncertainty, the knee jerk reaction is to buy yen, sell stocks, buy bonds and ask questions later.

The S&P 500 is down 34 points to 1554, which would be the worst loss since the day after the US election.

SP500 daily chart April 15, 2013

AUD/JPY is down testing the key support I mentioned earlier while NZD/USD is down nearly 200 pips.

NZDUSD daily chart April 15, 2013

LON GMT+1
BJ HK+8
NY EST-4
TYO +9

Forex Orders ... More

Central Banks ... More

Technical Analysis ... More

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