Day: July 22, 2009

July 22
2009

Dollar Down as Risk Appetite Spurs Demand for Yield

The greenback posted a negative performance today as a decreased demand for safety made investors to leave the U.S. currency attracted to riskier assets in emergent markets. The dollar lost today against several emergent market currencies as North American companies like Apple Inc. posted higher-than-expected earnings, raising investors’ confidence to purchase emergent market currencies like […]

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July 22
2009

Euro Continues High as Demand for Safety Falters

The euro continued at high-levels versus the dollar and the yen, as stocks rallied and risk appetite damped demand for the safety of the Japanese and American currency. The euro benefited from a positive day in stock markets as American companies like Apple Inc. and Starbucks Corp. posted better than expected earnings, instigating risk appetite […]

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July 22
2009

British Pound Weakens on House-Prices Decline Forecast

The British currency lost against most of the 6 main traded currencies as a government institution affirmed that the crisis in the real estate market will persist until 2012, shunning investors from pound-prices assets, and stopping last week’s rally versus the greenback and the yen. The National Institute of Economic and Social Research affirmed today that the house prices slump in the United […]

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July 22
2009

Free Professional Forex Course from eToro

From now on every trader that opens a demo or real account with the eToro Forex platform will receive the first lesson from a professional Forex training course for free. To get the rest of the lessons of this course, trader just need to contact eToro via one of the available methods to get the information on how to obtain this course […]

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July 22
2009

Money Management and Risk Management

A new trading e-book has been uploaded to my site today. It’s Money Management and Risk Management by Ryan Jones. As the title of this book goes, it’s about money management — one of the most important parts of Forex trading (and not only Forex, but any other financial trading that involves risk and probability). The author wisely divides the money management into two kinds — the […]

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July 22
2009

Yen Rebounds on Global Banking Situation Concerns

The yen rebounded versus a number of important currencies as concerns regarding an eventual recovery of banking institutions worldwide rose, consequently attracting investors once again to invest in the safety of the Japanese currency. The Japanese currency had a positive perform today after the CIT Group Inc. statement indicating that the existing liquidity available will not be sufficient to pay maturing notes, increasing speculations that one […]

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