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Day: May 5, 2008
May 52008
Carnival of Forex Trading — May 5, 2008
Welcome to the May 5, 2008 edition of Carnival of Forex Trading. Amy S Quinn presents Top 25 Most Influential People in Forex posted at Currency Trading.net. Heather Johnson presents 5 Unusual Things That Adversely Affect the U.S. Dollar posted at Forex Blog | FX-BAR daily forex trading blog. Jed Norwood presents Successful Forex Currency Trader posted at Forex Strategy, […]
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May 52008
Bank of America Confident on INR Growth
The Indian rupee is going to grow in the coming months as the central bank will probably rise the interest rate and will allow currencys appreciation according to Bank of America strategist. This is not very popular scenario among the currency market analysts, but Bank of America and some other investment institutions think that the rupee will rise more than 9% by the years end and the […]
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May 52008
Euro Rose on Support of ECB Rates
The euro rose today during the early Forex trading session, as the European politicians changed their mind on the ECB interest rate policy and traders became more confident that Jean-Claude Trichet wont reduce the rates this week. The ECB used its every recent statement to convince the market participants that the inflation is a banks primary concern and that it wont go for lower rates […]
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