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Day: May 13, 2009
May 132009
BoE Report on Inflation Spurrs Yen’s Growth
The Japanese yen began to grow today, after a not very good Asian trading session, when the market participants began to react on the British central banks report on inflation and to favor the secure assets and currencies. The report by the Bank of England released at the press conference today suggests that the gain in the consumer spending may be quite far in time at this moment. It was generally more pessimistic and failed to give traders some clue regarding the normalization of the global […]
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May 132009
EUR/USD Falls as Retail Sales Continue Their Drop
Euro fell today against the U.S. dollar as the retail sales unexpectedly continued to drop despite the increase of both import and export prices. Other global fundamental factors also pressed on the euro, helping the greenback to almost fully recover after a minor loss yesterday. EUR/USD is now trading near 1.3583 after reaching as high as 1.3721 earlier today — the highest level since March 23. Advance retail […]
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May 132009
Win Hummer H3 with InstaForex
A new long-lasting promotion campaign was announced by InstaForex broker today. They now offer a brand new Hummer H3 SUV to the random winner of the drawing. Anyone who deposits (or in any other way increases the account balance, e.g. by profiting from trading) at least $1,000 and registers for a participation between June 1st 2009 and May 28th 2010 is eligible to win the prize. There are three types of prizes […]
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