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Day: September 28, 2009
September 282009
New Zealand Dollars Fall on Asian Sentiment Scenario
The New Zealand currency fell versus the U.S. dollar and the yen after speculations suggested that Japanese investors are repatriating capital invested abroad and Asian stocks had a rather bearish start of the week declining investors’ appetite for risk. After Japan’s Finance Minister Hirohisa Fujii‘s declarations suggesting that the national government is unlikely to intervene in the yen’s movements in currency markets, the attractiveness for the New Zealand dollar declined, as Japanese investors […]
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September 282009
Yen Climbs on New Government Expectations
The Japanese currency started this week gaining sharply versus most of the 16 main traded currencies as speculations suggest that a shift in the Japanese government will change regulations toward the national currency, eventually allowing the yen to appreciate, which is improving the Asian currency’s profile this Monday. Finance Minister Hirohisa Fujii‘s declarations moved the yen rates today after he affirmed that current volatility in the Japanese currency is […]
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September 282009
What is the Average Forex Trading Account Size?
I’ve always wondered how much other traders are risking with their Forex trading accounts. Personally I come really conservatively to limiting my Forex trading account’s size, I never keep it above $10,000 and I am always withdrawing “extra” profits, because sometimes I am entering really ugly losing streaks. I know traders that never deposited more than $100 and traded with such balance for a year or two. […]
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