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Day: November 20, 2015
November 202015
Biggest Forex Scam Pt. VI (Danny Wall)
After almost five years break, I am continuing the series about most famous Forex scams. Today, the story goes about a guy named Danny Wall and his fraudulent educational and money management facility. Forex trading can be a great way to earn money — if you understand how to make your moves and you understand the risks. There are plenty of reputable Forex trading platforms and websites, but you […]
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November 202015
US Dollar Mixed During Friday’s Session
The US dollar was mixed today as no economic data from the United States was scheduled for the current trading session. This means that the greenback was reacting to moves of other currencies for the most part. The dollar gained on weak currencies, like the euro and the Great Britain pound. Yet it was flat against the Japanese yen. The greenback also struggled against some commodity-related currencies, though not the Canadian dollar, which […]
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November 202015
Draghi Talk Continues to Keep Euro Down
Euro is down again today, thanks in large part to more comments from ECB President Mario Draghi. He continues to talk about quantitative easing, and that is providing impetus for a lower euro. Earlier, euro saw a bit of a comeback against some of its major currencies. Lower retail sales in the United Kingdom and the indication that the Federal Reserve will raise rates gradually all helped the euro make some […]
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November 202015
UK Pound Mostly Lower on Retail Sales Data
It’s been a choppy couple of days for the UK pound. Thanks to data releases and speculation, things are a little unsettled. Sterling is mostly lower today, thanks to the latest retail sales information. UK pound was higher yesterday, in spite of disappointing retail sales data, thanks to the latest indications from the United States Federal Reserve. With the Fed signaling gradual interest rate increases, the sterling got a boost. However, today […]
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November 202015
Canadian Dollar Shows Better Performance
Today, the Canadian dollar fared better than yesterday, rising against the euro and paring initial losses versus the US dollar and the Japanese yen. Economic data released from Canada over Friday was mixed, giving the currency no particular edge. On the positive side, Canada’s Consumer Price Index rose 0.1 percent in October from September (not seasonally adjusted). The core CPI inched up 0.3 percent, beating market […]
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