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Day: September 21, 2009
September 212009
Bank of England Forces Pound Down Once Again
The British currency is trading at record low levels versus the euro and the dollar as the national central bank affirmed that the real exchange rates for the pound may have been affected by the crisis, shunning investors farther away from pound-priced assets. The British Isles started this week’s session with a rather pessimist tone, as the Bank of England affirmed that the long-term rate for its national currency may have suffered a devaluation, […]
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September 212009
FED Speculations Help Dollar’s Rally
The dollar started the week rallying versus most of the 16 main traded currencies in foreign-exchange markets, as speculations among traders suggest that the Federal Reserve will not extend the current economic stimulus programs, indicating that the economy is recovering, rising attractiveness for the greenback. After breaking several record lows last week, the dollar rebounded yesterday when markets opened as speculations that Federal Reserve policy makers will shift […]
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September 212009
Do You Use Paid Forex Software?
I stated my point of view on the paid Forex robots and other software in my previous post (Paid Forex Robots — Why I Avoid Them?). But I know that the Forex robots advertised throughout the Internet are very popular nowadays. So, I’d like to know what’s the opinion and experience of my dear readers and site visitors on this matter. I’d also like to ask those traders, that reply positively below, to write in the comments what specific […]
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