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Day: April 18, 2012
April 182012
Japanese Yen Falls on Rumors of Further Economic Stimulus
Japanese yen is heading lower today, dropping against other majors as rumors swirl regarding the possibility of further economic stimulus. The idea that more easing for the yen could be coming is weakening the currency against the dollar and the euro. Kiyohiko Nishimura, a deputy governor at the Bank of Japan, spoke recently, insisting that the Japanese economy needs more help to recover. He also cited global economic uncertainties that should […]
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April 182012
US Dollar Index Gains as Traders Consider Consolidation
Yesterday’s buoyant tone and risk appetite have receded, leaving the US dollar to log gains against some currencies right now. The dollar index is heading higher, as the greenback gains against some of its major counterparts, especially the euro and the yen. Yesterday, better news out of Europe, combined with an enthusiasm for stocks, led to a lower US dollar. The dollar index dropped below 80 as many traders looked for better yields. […]
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April 182012
Another Bunch of Fresh Forex Companies
Following the last update consisting of five new brokers, today I present four new Forex companies for your consideration, ratings and reviews: OctaFX Larson & Holz IT GKFX 3TG FX OctaFX is an offshore MetaTrader 4 Forex company with both mini and ECN accounts and with rather low spreads — 0.8 pip typical on EUR/USD. An account can be opened with $5 and the trading leverage up to 1:500 […]
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