Forex Weekly Market Review May 24, 2010

By eToro

The strong correlation between the equity markets and the Euro broke down this week as the Euro rallied from its lows, but the equity markets tested the flash crash lows reached in early May.  For the week, equities were on the defensive as investor’s de-levered risk while considering the effects of a week Europe on stocks.

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Disclaimer: Trading in the Foreign Exchange market might carry potential rewards, but also potential risks. You must be aware of the risks and are willing to accept them in order to trade in the foreign exchange market. Don’t trade with money you can’t afford to lose.