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Day: May 7, 2008
May 72008
TradeView Forex — Another Broker from RCG
Today Ive added a new Forex broker to the list on the site TradeView Forex another broker that is operated by the financial company Rosenthal Collins Group, LLC (first broker from this company, which hit my list, was RCG fxtrader). TradeView Forex offers MetaTrader 4 platform without CFD trading, limited demo accounts (30-day limit) and rather tight spreads (from 2 pips). For me, it doesnt look like […]
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May 72008
EUR/USD Falls Today as Fundamentals Improve, Less Rate Cuts Expected
EUR/USD fell today significantly, recovering from its two-day fall that was observed this week. It went down by more than 0.8% today from 1.5532 to 1.5380. Good fundamental indicators from U.S. helped dollar to strengthen on Forex. Productivity in business sector grew up in first quarter of 2008 according to a preliminary report that was released today. Annual rate of the seasonally adjusted productivity growth was 1.9% in Q1 above […]
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May 72008
Dollar Rose on Hoenig’s Hawkish Comments
The U.S. dollar rose today during the late Asian Forex trading session, as the traders reacted on the hawkish commentary by the Federal Reserve Bank of Kansas City President Thomas Hoenig. Hoenig said that if the inflation pressures strengthen in U.S., Federal Reserve will probably increase the interest rates. According to him, the U.S. economy will recover from the current crisis later […]
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