The Canadian dollar advanced against both U.S. dollar and the euro for a second day today as the stock markets surged globally, while the oil price advanced close to $60 per barrel. The loonie, as the Canadian currency is often called, is a commodity currency that is doomed to appreciate at the time of the global economic recovery. The CAD went up against all major currencies except the British pound today, after demonstrating even faster gains yesterday, while June forward […]
Read moreUFXBank was added to the Forex broker list on my site today. Its U.K./Cyprus Forex broker with a custom web-based trading platform, which supports some basic charting. The main problem with this broker is that they dont offer any demo accounts and the new traders should deposit at least $500 to try trading through their platform. Other features of UFXBank: 4 pips spreads on EUR/USD 1:200 leverage Gold trading […]
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