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Day: June 5, 2008
June 52008
NordMarkets — Swedish Broker with Low Spreads
NordMarkets is a new Swedish Forex broker that has a wide variety of trading account types starting with mini and ending with the big institutional accounts. For the mini Forex accounts the trading conditions are not very interesting $1,000 account minimum (deposits only via wire transfer and credit card), 0.1 standard lot position sizes and 3-4 pips spreads. Basically the larger is your […]
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June 52008
Kiwi Slumps on Interest Rate Comments
The New Zealand dollar went for a third day of losses today on the Forex market, making this week a biggest drop since mid May, as the Reserve Bank of New Zealand Governor Alan Bollard said that he may cut interest rates this year. Bollard kept rate unchanged today at the record high 8.25 percent level. Its kept unchanged since July last year. He also said […]
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