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Day: March 19, 2013
March 192013
Euro Dips as Cyprus Levy Goes to a Vote
Euro is heading lower against its major counterparts today, thanks in large part to uncertainty over the vote in Cyprus. Once again, questions about the euro’s stability are being raise, and that is weighing on the 17-nation currency. Voters in Cyprus are heading to the polls to determine whether or not they are in favor of a levy on retail bank deposits. The measure is meant to raise money so that Cyprus can meet […]
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March 192013
UK Pound Prepares for Possible Monetary Policy Change
Tomorrow, George Osborne, the Chancellor of the Exchequer in the United Kingdom, is set to release his latest budget. The result has been mixed for the UK pound for now, but many expect that more weakness is probably ahead for the sterling. George Osborne‘s grand austerity plans have failed to boost the UK economy, and they haven’t actually helped reduce the deficit, either. His new budget isn’t likely to offer huge changes […]
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March 192013
Major Broker Rating/Review System Update
As you have probably noticed, it is no longer possible to vote for a broker (or VPS) by giving a star rating. At the same time, most of the broker ratings have changed, with a lot of them switching to ‘no rating’ status. The reason is a complete revamp of how the rating and reviews work on EarnForex.com. Now, the star rating (which ranges from 1 to 10) is calculated using the number of positive and negative reviews submitted by traders. […]
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