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Day: September 23, 2011
September 232011
CAD Slows Decline, Posts Record Weekly Drop vs. USD
The decline of the Canadian dollar slowed today, but the currency still fell most in almost three year over this week, posting the biggest weekly drop since the global recession. Futures for delivery of crude oil, the biggest export of Canada, in November slipped 0.8 percent to $79.85 per barrel in New York, following the previous drop by 3.7 percent. The Standard & Poorâs 500 Index rose 0.6 percent after earlier it […]
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September 232011
GBP Advances as G-20 Meeting Improves Outlook for Global Economy
Another currency that benefited from the meeting of the Group of Twenty nations chiefs was the Great Britain pound. The sterling reached the record low versus the yen yesterday. The G-20 leaders said their nations are “committed to a strong and coordinated international response to address the renewed challenges facing the global economy”. The Stoxx Europe 600 Index rose 0.6 percent, while the FTSE 100 Index climbed 0.5 percent. The number of the new mortgages […]
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September 232011
Euro Rebounds as Stocks Rises on Hopes for G-20 Meeting
The euro rebounded from yesterday’s drop to the eight-month low after global stocks advanced as the leaders of the Group of Twenty nations meet in Washington. Investors hope the G-20 policy makers will discuss the global economic imbalances and find a way to help the Eurozone in dealing with its debt crisis. The Standard & Poorâs 500 Index rebounded 0.6 percent, following the drop by 0.7 percent. The index is still down 6.6 percent over […]
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September 232011
Forex Broker from Seychelles — Axiory
Another Forex broker based in Seychelles was added to EarnForex list of brokers today. It’s Axiory — a rather new trading company with some interesting features. With Axiory, it’s possible to open an account with $500 and trade with 1:300 leverage. Micro-lots are allowed and the average spread on EUR/USD is 1.9 pip. Other properties of this MetaTrader broker include: Payment only via bank wire. MirrorTrader platform […]
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