- 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: July 30, 2012
July 302012
Ruble Falls as Optimism Retreats from FX Market
The Russian ruble fell today, erasing its earlier gains, as Forex traders felt themselves less optimistic and were reluctant to buy risky assets. Today’s trading session has started on a positive note as last week’s pledge of European Central Bank President Mario Draghi to support the euro caused optimism that persisted till today. Yet traders has started to wonder whether Draghi are ready to act or the promise was […]
Read more
July 302012
Swedish Krona Rides Higher on Good GDP Growth
The Swedish krona climbed today as Sweden’s economy demonstrated solid growth in the past quarter, adding to the appeal of the currency. Swedish gross domestic product (seasonally adjusted) expanded by 1.4 percent in the second quarter of 2012 from the first quarter, when it grew 0.9 percent. The annual increase was at 2.3 percent. The currency also benefited from the general optimism on the Forex market that carried over from the previous week, though the positive […]
Read more
July 302012
Japanese Yen Rises as Eurozone Uncertainty Grows
Japanese yen is gaining again, rising as eurozone uncertainty continues to grow. Concerns about what’s next for the eurozone dominate the markets right now, and worries about what could happen next have the yen in high demand as a safe haven. It’s an interesting time of divergence right now. Normally, when risk aversion is on the rise in currencies, stocks head lower. But stocks are actually higher right now, even […]
Read more
July 302012
UK Pound Struggles Against Dollar on Recession Concerns
UK pound is struggling against the US dollar today, thanks in large part to concerns about a deepening recession. Fears about a British recession have been mounting in recent weeks, even with the Olympics being hosted in London. Economic focus is on the data in the United Kingdom, and it is doubtful that the Olympic Games are going to be able to counter that. One of the main factors in today’s slide for the UK pound […]
Read more
July 302012
Your Forex Education — Poll
Apart from one short article on getting the Forex education (written back in 2008), I rarely write about this topic in general. According to one of my older polls, 97% of this blog’s visitors read Forex books but only two thirds of them do it regularly. About 60% participated in some educational conferences, webinars or courses (free or paid) on currency trading. At the same time 11% of the visitors believe that the lack […]
Read more