Day: September 8, 2012

September 8
2012

ECB Bond Buying & US Payrolls Lead to Fourth Weekly Gain of Euro

The euro jumped this week, posting the fourth consecutive weekly gain. The major driving factors for the rally were the policy meeting of the European Central Bank and US nonfarm payrolls that came out worse than expected. Speculations about the ECB policy meeting and whether the central bank would announce a bond-buying plan were driving the euro for the whole week. The central bank indeed described its asset-purchase program that should help […]

Read more
September 8
2012

Forex Technical Analysis for Week 09/10—09/14

Floor Pivot Points Pair 3rd Sup 2nd Sup 1st Sup Pivot 1st Res 2nd Res 3rd Res EUR/USD 1.2295 1.2398 1.2601 1.2704 1.2907 1.3010 1.3214 GBP/USD 1.5669 1.5747 1.5876 1.5954 1.6084 1.6162 1.6292 USD/JPY 76.83 77.42 77.84 78.43 78.85 79.44 79.86 EUR/JPY 96.21 97.09 98.64 99.52 101.08 101.96 103.52 GBP/JPY 121.84 122.89 124.08 125.13 126.32 […]

Read more
September 8
2012

Forex Brokers Update — September 8th, 2012

While only one new broker has been added this week, there is an important big update — EarnForex.com is now listing all the currency pairs available for more than 10 Forex brokers with more companies to get covered in the next few updates. Currency pairs information is provided on the broker’s description page. AxiTrader — an Australian regulated company with a strong emphasis on the Chinese-speaking customers. Standard account […]

Read more