Online Trading and Investing Journal

In keeping with yesterday’s theme about potential USD strength, the USD/CAD daily chart seems to be the closest to matching the USD/INX chart shown yesterday.
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The contraction in China’s manufacturing worsened in March as the global downturn battered trade, data showed Wednesday, and President Hu Jintao said problems due to the crisis are growing as he left for a London economic summit.
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- Euro Held Back As CPI Raises Specter Of Ongoing ECB Rate Cuts - Japanese Yen Torn Between Questionable Safety, Recession Reminders - Canadian Dollar Takes Lead On Com Bloc With GDP Numbers
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Honda Motor Co. is offering voluntary buyouts, cutting workers’ pay and imposing 13 non-production days at its North American plants to reduce its output this summer by 62,000 vehicles.
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Stocks climbed on Tuesday, driving the S&P 500 to its best month since October 2002, as investors snapped up top-performing bank and technology shares as the first quarter came to an end.
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