Attention continues to be gripped on Japan and the Middle East, especially Bahrain, this afternoon as the circumstances in both nations brings nervousness to an already volatile global settinghe nuclear disaster in Fukushima has reconditioned anxieties of stalled monetary recovery while the continuing violence in Manama induced further flight to qualityevertheless, stocks regained ground, a move that did not transfer signals to the fx trading business large downside miss in Uousing Starts and major upside miss in PPI signals a stagflation environment which will not bode well for the USD over a mid-termSD/JPY as well as the whole JPY complex plunged in the twilight hours between the New York close and the Sydney-Tokyo open on renewed anxieties regarding Japan and expectations of large Japanese repatriation to finance costs connected with the earthquakeater this morning, nearer to the London open, the USD and JPY pared back several the gains as the risk-aversion of the ... [Read More - Forex Trend Forecast Indicator]
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