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Day: January 7, 2010
January 72010
Canadian Dollar Finally Retreats After 5 Day Rally
The Canadian currency declined today versus most of the 16 main traded currencies after stocks and commodities had their rallies halted as risk appetite eased among traders globally, forcing commodity linked currencies down. The Canadian dollar together with its Australian counterpart, both considered commodity linked currencies, lost versus the U.S. dollar as this week’s crude oil rally was halted today as risk appetite declined […]
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January 72010
Employment Data Pushes U.S. Dollar Up
A report published today indicating fewer-than-expected new jobless claims applications last week allowed the dollar to gain versus the euro and several other currencies as improving employment data is a key-evidence indicating the U.S. economic recovery expected for 2010. A positive sentiment towards the U.S. employment conditions provided support for the greenback to touch the highest level in four months versus the yen as traders expect a payrolls report tomorrow to show a decrease in job losses, […]
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January 72010
Another Forex Broker with “IKON” in Its Title
IKON Brokers is the latest Forex broker that was added to my site today. It shares the similarity of the word “IKON” in its title with another broker — IKON GM â Royal. Besides the title there are no similarities between them. IKON Brokers is a new Russian company that offers rather easy starting conditions ($10 minimum & up to 1:500 leverage) and their own custom trading […]
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