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Day: November 30, 2009
November 302009
Polish Zloty Rises on GDP Acceleration
The Polish currency gained today versus several currencies in the region and the U.S. dollar as GDP figures fort the third quarter beat forecasts, setting the confidence towards the Polish economic recovery to higher levels. The Polish economy grew 1.7 percent in the past quarter started in September, surprising analysts that suggested a 1.5 growth for the same period, helping the zloty to advance versus regional currencies like the Hungarian forint, but also the yen and the U.S. […]
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November 302009
Canadian Dollar Advances on GDP Figures
After Canada posted positive quarterly gross domestic product figures, the national currency benefited on the economic outlook and optimism, advancing versus most of the 16 main traded currencies in foreign-exchange markets. Even if Canadian GDP quarterly figures came below expectations at an annual rate of 0.4 percent, optimism helped the loonie, that also benefited after the U.A.E. central bank said it will back debts made by the Dubai World […]
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November 302009
Pound Drops on Consumer Confidence Decline
The U.K. currency start this week falling versus the euro and several other currencies as report showed a decline in the domestic consumer confidence, indicating that the U.K. still hasn’t managed to surged from recession, forcing stocks in London down as well. The pound fell versus virtually all main traded currencies as the consumer sentiment unexpectedly fell, posting its first decline in 10 months and surprising traders in the U.K. negatively, declining attractiveness […]
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November 302009
Dollar Down as Risk Appetite Returns
The U.S. currency started this week losing versus the euro and several high-yielding currencies as the United Arab Emirates central bank affirmed that it will guarantee payments delayed by the state-owned investment company Dubai World, shunning speculations that a new wave of negative events would be unleashed. A number of factors brought the dollar down this Monday in foreign-exchange markets after Abu Dhabi’s central bank stated that it […]
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November 302009
Are You Satisfied with Your Forex Broker?
Currently I am trading with only two Forex brokers — Marketiva and Interactive Brokers. Both brokers are very different and have their advantages and disadvantages. I am quite sure that the same can be said about 90% of all other Forex brokers. They aren’t perfect but I must say that they do their job well and I rarely had any problems with them. Marketiva is fine […]
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