Day: April 17, 2007

April 17
2007

Pound Breaks $2 Level

Today after CPI report came out to be higher than expected (Consumers Price Index in March (YoY) reached 3.1% against expected 2.8%), GBP/USD broke through the historical $2 level and is floating now in 2.0030–2.0070 range — the highest since 1981. Looks like bad times for USD have came. On the other hand it’s nearly a perfect time to enter long on USD, because the correction will certainly follow. […]

Read more
April 17
2007

New Forex Broker — ForexYard

I’ve updated the list of Forex brokers to add another broker that accepts e-gold deposits and offers a trading through a Java based platform (along with a Windows platform) — ForexYard. I think — it’s good Forex broker for the new traders that do not want to download and install client trading software.

Read more