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Day: March 22, 2013
March 222013
Pound Can’t Get the Upper Hand Against the Euro
The UK pound can’t seem to gain the upper hand against the euro today, even though the eurozone remains in turmoil. Even with the difficulties being caused by Cyprus, euro still has the advantage over the pound. Earlier this week, the minutes from the latest Bank of England policy meeting were released. They showed that Mervyn King’s suggestion that more stimulus be added to the economy was voted down. Additionally, […]
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March 222013
US Dollar Set to End Week Lower
The US dollar is set to end the week lower, in spite of showing strength earlier. Forex traders and investors waiting to see what the final outcome of the situation in Cyprus is, along with what happens in other areas of the world. So far, the news has led to cautious optimism, and the greenback hasn’t been needed as a safe haven. Earlier in the week, the US dollar gained strength as concerns about Cyprus and the eurozone recession weakened the euro. […]
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March 222013
Currency Futures Exchanges vs. Spot Forex Trading
Contents 1 Regulation of Futures Exchanges 2 Commissions and Fees 3 Where Can You Trade Currency Contracts? 4 Should You Trade Currencies on Exchanges? Many Forex traders are familiar with the OTC/spot market for currencies, however, you are not limited to trading via your broker when it comes to the retail FX market. There are various ways to trade currencies on existing exchanges. There are […]
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