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Day: November 23, 2007
November 232007
Oman Has No Plans to End Peg to Dollar
Hamud Bin Sangur al-Zadjali, the Central Bank of Oman Governor, spoke during European Banking Congress in Frankfurt today, speaking that Oman has no plans to end its peg to U.S. dollar. While some GCC countries already ended peg to dollar (Kuwait in May, 2007) and some countries planning to do so by the end of […]
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November 232007
Canada’s Finance Minister Satisfied with Lower CAD
Jim Flaherty, Canadian Minister of Finance, said today that he is glad to see Canadian dollar losing against U.S. dollar on Forex, after there were almost three month of unstoppable appreciation of the Canada’s currency. As the rallying Canadian dollar’s appreciation hurts exporters, Canada’s economy could be at the risk, giving government another concern to worry about. Minister spoke at the Oshawa Chamber of Commerce at the meeting entitled “Moving Canada […]
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November 232007
ActiveTrades Multipurpose Forex Broker
ActiveTrades is my new addition to the Forex brokers list. It is quite an old on-line British broker, which allows not only Forex trading (via MT4 platform), but also stocks CFD trading and the access to the world exchanges: CME, CBOT, NYMEX, COMEX, LIFFE, EUREX, IDEM, NYSE and NASDAQ via futures trading. ActiveTrades also supports many different trading platforms: MetaTrader 4, J Trader, Ninja […]
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November 232007
EUR/USD Spikes To New Maximum
Dollar slid to its new historical bottom rate against euro hitting 1.4967 on EUR/USD. Missing the marvelous 1.5000 pint by about 30 pips, EUR/USD retraced by 150 points back as the Forex traders consolidated their profits on the rally. Another week without any supporting for dollar may probably break this resistance. As it seems the […]
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