- December 21, 2020 Do we get tax benefits on Personal Loan?
- December 18, 2020 The solicitors Preston depends on for stress-free compensation claims
- December 16, 2020 eToro: History and Key Features
- December 11, 2020 Canadian Dollar Pauses 2020 Rally Against US Peer Amid Falling Crude Prices
- December 11, 2020 Pound Crashes Against Dollar As No-Deal Brexit Appears Imminent
- December 11, 2020 USD/JPY 104.57 High Starting a New Bearish Leg?
Day: May 8, 2012
May 82012
AUD Drops as Trade Balance Deficit Unexpectedly High
The Australian dollar dropped today, trading near this year’s lows, as a government report showed that the nation’s trade balance deficit in March was bigger than estimated by specialists. Australia’s trade balance registered a deficit of A$1.587 billion in March, compared to experts’ forecast of A$1.380 billion. The February shortage was revised from A$0.480 billion to A$0.754 billion. The poor data made traders afraid that Australia’s economic growth is […]
Read more
May 82012
Euro Sinks Under Political Weight
Euro is sinking right now, forced down by the political situation in the eurozone. Concerns about what’s next for the 17-nation currency zone are dragging down the euro as Forex traders look for safety, and choosing the US dollar and the Japanese yen instead. Euro is struggling as the political situation in the eurozone deteriorates. For the most part, the focus is on Greece. The country has been unable to form a new government, and there are already rumblings of another […]
Read more
May 82012
Rand Falls to Lowest at Three Weeks as Head of Roads Agency Resign
The South African rand dropped today to the three-week low after head of the national roads agency resigned, spurring talks that South Africa’s budget deficit will grow as the country will be required to repay debts of the agency. The South African National Roads Agency (usually called Sanral) planned to start electronic tolling on 185 kilometers of roads around Johannesburg, but the Pretoria High Court last month made the agency to postpone […]
Read more
May 82012
US Dollar Index Retains Modest Gains
US dollar index is retaining its earlier modest gains today as risk aversion sets in. Concerns about the Greek drama playing out, as wells concerns about the state of the global economy, are weighing on riskier assets. Greenback is being sought as a safe haven, with the US dollar index likely to pick up steam. Although the economic recovery in the United States continues to move slowly, it is still […]
Read more
May 82012
Pound Falls on Negative House Price Balance
The Great Britain pound dropped today house price balance fell last month more than was predicted by analysts, spurring speculation that additional stimulus from the Bank of England should be expected. The Housing Market Survey of Royal Institution of Chartered Surveyors showed that the house price balance fell from -11 in March to -19%. That means that 19 percent more surveyors reported price declines than […]
Read more
May 82012
Book Review: The Mental Strategies of Top Traders (Ari Kiev)
The Mental Strategies of Top Traders is the second book from the recommended list in the Diary of a Professional Commodity Trader by Peter Brandt that I have read. The book should have been called The Mental Strategies of Top Portfolio/Hedge-Fund Managers as it has little information about trading and a lot of information on managing and leadership. Unfortunately, The Mental Strategies will not teach you how to trade Forex. Probably, you will also have a WTF […]
Read more