30th July 2010
In the ever growing world of Forex trading there are a vast number of false prophets and liars offering the “secret” to success in Forex trading. As long as there have been investment markets there have been people who claim a deep understanding of the market and it’s “signals”. These Forex signals are historically reoccurring [...]
28th July 2010
Today, forex brokers come in a wide array of shapes and sizes and forex currency trading is not limited simply to individuals, but also includes corporations, banks and even governments. Unlike the traditional stock market, the forex is divided into various levels of access, with the highest tier being the inter-bank market, which is where [...]
27th July 2010
The euro neared a two-month high against the dollar on Tuesday as last week’s bank stress test results showed no causes for concern and demand for riskier assets rose. Although some analysts stated that the stress tests weren’t tough enough, the euro carried on up as the dollar hit a 12-week low against a host [...]
23rd July 2010
With the growth of the Internet and online investments and trading, more people than ever have become interested in online Forex trading. While many authors, websites and con artists may claim to have a foolproof system for online Forex trading, very rarely are these claims proven or guaranteed in any way. While there is no [...]
22nd July 2010
The dollar fell to just above a 7-month low against the yen today after the Federal Reserve chairman Ben Bernanke stated that the US economic outlook remained “unusually uncertain”. This sparked a sell-off in riskier assets as investors took solace with the yen.
The dollar fell by 0.6% against the yen ending at 86.56 after [...]
20th July 2010
The euro fell from a two-month high against the dollar today as investors were wary about bank stress test results due on Friday. Analysts reckon that the gains seen by the euro over the past few weeks have been overdone and that the stress test results may show a weakness in the euro zone.
The euro [...]
19th July 2010
So, you have taken the leap and decided to invest your money with a forex broker. Now you have to determine the day trading times you expect to operate in.
Since the markets operate 24 hours a day during the week, there are opportunities for trading forex at any time. However, the aim is to maximise [...]
16th July 2010
The euro hit a two-month high against the US dollar today as European money market rates continued to rise strengthening the shared currency. The rise comes after data showed that US consumer sentiment fell to an 11-month low in early July, driving the dollar to a seven-month low against the yen.
The euro was also bolstered [...]
12th July 2010
The dollar rose against a hat full of currencies on Monday after investors cautiously look towards this week’s euro-zone debt auctions. The debt auction for Greece is due on Tuesday and is set to sell €1.25 billion of treasury bills, with Spain and Portugal also auctioning government debt this week.
The European bank stress test data [...]
9th July 2010
With the growth of the internet, dozens of successful and well reviewed Forex brokers have emerged. While each and every firm offers the same types of services, a select few have made a name for themselves and stand out among their peers. These brokers have dedicated themselves to day traders and personal investors. While Forex [...]