Day: October 29, 2009

October 29
2009

U.S. GDP Positive Report Pushes EUR/USD Up

EUR/USD gained for the firs day in a week today after the U.S. GDP report for the third quarter came out and positively surprised the investors. Accompanied by the growth of the stock markets, the euro rose against the U.S. dollar on better prospects for the world’s biggest economy. EUR/USD is now trading near 1.4780. Advance estimate report on U.S. GDP growth in the third quarter of 2009 showed an increase by 3.5%, which surpassed the rather optimistic […]

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October 29
2009

Forex Systems is a Strange Name for a Broker

The latest broker on my site today is Forex Systems. It’s a U.S. Forex broker, registered with NFA and is currently only doing business as an IB (though, with a lower minimum entry conditions) through another broker — FX Solutions. Forex Systems is a rather strange name for a broker in, my opinion. I imagine some site selling strategies or EAs, or something like that when see the title. Anyway, maybe it’s […]

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