Day: October 19, 2009

October 19
2009

Crude Oil Record High Helps Russian Ruble to Gain

Russia is the main energy supplier to Europe, and this week, as the crude oil continued to extend gains reaching the highest values since it tumbled last year after the global slump, the ruble is gaining, as demand for Russian natural resources are influencing the national currency positively. The Russian ruble is leading gains among emergent market currencies today after the crude oil touched $79 a barrel, fact which is […]

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October 19
2009

Australian Dollar Trades Near 2009 Record High

After falling from the highest level in more than 14 months towards the end of last week’s session in a day of bearish performance in stock markets, the Australian dollar started this week climbing once again on speculations regarding increased interest rates in the country. The Australian dollar together with its New Zealand counterpart rebounded from a corrective movement Friday as stocks rose adding confidence that interest rates in the South Pacific […]

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October 19
2009

Paid or Free Forex Signals?

On-line services of paid and free Forex signals have became very popular recently. I even had to create a separate Forex signals subforum on the EarnForex.com forums for the free signal providers. My trading style leaves no place for using the Forex signals but many traders are fond of using them and even manage to profit from the free ones. Although it’s said that trading by the signals is not a real trading […]

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