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Day: June 30, 2008
June 302008
Another MetaTrader Broker — FastBrokers
Another broker supporting the MetaTrader 4 Forex trading platform took its rightful place in my list of brokers. This broker is called FastBrokers. Its not a very new on-line broker — according to the Wayback Machine FastBrokers is on-line since 2006. Its head company is Fast Trading Services LLC, which is registered with NFA and CFTC. As a payment method they support PayPal, credit cards and, of course, bank wire. These factors combined […]
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June 302008
Yen Shows Growth on Moody’s Rating
The Japanese yen showed some really strong growth against the other Forex most-traded currencies today as the investors favored the Moodys upgrade of the Japans yen debt rating. Despite the weak performance of the Japanese stock market today the countrys currency showed one of the fastest growing day this month against dollar, euro and pound after Moodys news about rating upgrade. It also rose […]
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June 302008
AUD at 25-Year High against Greenback
The Australian dollar reached a record high value since February 1983 against its counterpart from the United States today as the USD slumped and the commodity currencies grew on optimism. The Australias national resource producers climbed up today on the stock market as the traders showed an elevetated optimism in the global economy growth. This boosted the USD-AUD conversion and supported the AUD/USD growth, while […]
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June 302008
Currency Volatility Down at 2001 Value
The currency market volatility fell to its lowest values since the second quarter of 2001, signaling that the central banks probably wont interfere into the Forex trading to support the U.S. dollar. As the currency swings became less dangerous to the global financial stability, less analysts believe that the European or U.S. central banks will go for a dollar-supporting intervention. The dollar lost more […]
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