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Day: October 9, 2009
October 92009
Forex Broker with Simple Trading Platform
10Pips is a new Forex broker that was added to the list on my site today. Its main stated advantage is the simplicity of the trading platform and the overall process of starting Forex trading even for the complete newbies. I don’t know why did they give their broker such a name but, in my opinion, 10 pips is too much for a spread and too low for a profit :-). Of course, their spreads are quite below 10 […]
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October 92009
Australian Dollar Reaches 8-Week High vs. Yen
The Aussie rose to its mid-August highs against the Japanese yen today as the traders listened to the analysts’ speculations that the central bank has opened a carry trade opportunity with the interest rate hike. The Reserve Bank of Australia was the first one of the major global monetary policy institutions to raise the interest rate since the global financial crisis hit the world in September 2008. The central bank increased the target cash rate from 3.00 […]
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