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Day: September 24, 2012
September 242012
US Dollar Gains as Global Economic Fears Return to Focus
US dollar is gaining ground as Forex traders look for safe haven amidst concerns about what’s next. Lackluster data from China and from the United States itself has many concerned about what could be coming for the global economy. The result is that Forex traders are looking for a little more safety right now, and the greenback is benefitting. Fears about the rate of global economic growth are […]
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September 242012
Aussie Drops as Gold Prices and Other Commodities Fall
Aussie is dropping today as risk appetite fades away, and as commodity prices fall. After seeing some strength for a while, the Australian dollar is finally dropping, to the relief of some policymakers Down Under. With global economic growth fears once again coming into focus, the Aussie is heading lower today, especially against the US dollar. Once again, China and the United States are reporting lackluster economic numbers, […]
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September 242012
The Biggest Disadvantage of Your Forex Broker
According to one of the polls that I have published here in 2009, the majority of traders look for low spreads, trading platform and easy deposits/withdrawals as the three most important factors when choosing a Forex broker. I am quite certain that it is possible to find a broker that fulfills these three conditions and probably fits some other requirements an active trader may have. But, unfortunately, we do not live in a perfect […]
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