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Day: March 13, 2008
March 132008
FxPro — MT4 Broker with Annoying Website
FxPro is a relatively new MetaTrader Forex and CFD broker, which Ive found out recently. Ive seen the ad for this broker on some cable channel and decided to check it out on-line. Not many Forex brokers advertise on TV nowadays, so I was kind of interested. What I really didnt like a lot about FxPro was their website speaking flash marketers isnt something I expected from the good user-friendly website. Some of the […]
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March 132008
EUR/USD at 1.5626, Fundametals Continue to Disappoint
EUR/USD reached a new absolute maximum value today not so long after the opening of the European trading session. It touched 1.5626 and then traded slightly below that level. Bad economic news from the U.S. failed to move the currency pair upwards. EUR/USD even started to correct after those releases. Retail sales in February dropped 0.6%, while the retail sales excluding the motor […]
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March 132008
USD at Record Low against Euro, Yen
The U.S. dollar reached a new historical minimum against the euro today; it also fell below the 12-year old minimum level against the Japanese yen on the expectations of the more interest rate cuts from the Fed. The record on EUR/USD was broken yesterday when it reached 1.5571 after even Bushs speech about a strong national currency preference couldnt help combat the pessimistic expectations regarding […]
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