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Day: December 15, 2012
December 152012
USD/JPY Reaches Highest Close Since 2011 During Otherwise Bad Week
The US dollar had a rather bad week as traders felt less threatened by the crisis in Europe and slower growth in China, while the US central bank announced yet another quantitative easing. Yet the greenback posted the highest weekly close since April 2011 against the Japanese yen. The major even for the US currency domestically was the monetary policy decision of the Federal Reserve. The Fed announced yet another expansion of its monetary stimulus. […]
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December 152012
Forex Technical Analysis for Week 12/17â12/21
Floor Pivot Points Pair 3rd Sup 2nd Sup 1st Sup Pivot 1st Res 2nd Res 3rd Res EUR/USD 1.2682 1.2783 1.2969 1.3070 1.3256 1.3358 1.3543 GBP/USD 1.5889 1.5951 1.6053 1.6114 1.6217 1.6278 1.6381 USD/JPY 80.58 81.34 82.42 83.19 84.27 85.03 86.11 EUR/JPY 103.21 104.58 107.21 108.58 111.21 112.58 115.21 GBP/JPY 128.85 130.25 132.57 133.97 136.30 […]
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December 152012
Forex Brokers Update — December 15th, 2012
One new broker this week: FxNet — a newly launched Cypriot broker with CySEC regulation and only $5 minimum account size. VIP accounts are available from $10,000 for better spreads. FxNet offers only MetaTrader 4 platform (with Web and Mobile interfaces) and has maximum leverage of 1:500. Islamic trading accounts can be provided. FxNet And one update: JFX now supports WebMoney payments; Japanese […]
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December 152012
USD/JPY Ends Friday with Losses
The Japanese yen ended Friday with a small gain versus the US dollar and continued its rally to the downside against the euro and the Great Britain pound. The advance of the yen did not affect the huge weekly loss versus the greenback in any noticeable way. This weekend Japan faces election and it is widely believed that Liberal Democratic Party of opposition leader Shinzo Abe will come a winner. Abe preaches easing […]
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