- December 21, 2020 Do we get tax benefits on Personal Loan?
- December 18, 2020 The solicitors Preston depends on for stress-free compensation claims
- December 16, 2020 eToro: History and Key Features
- December 11, 2020 Canadian Dollar Pauses 2020 Rally Against US Peer Amid Falling Crude Prices
- December 11, 2020 Pound Crashes Against Dollar As No-Deal Brexit Appears Imminent
- December 11, 2020 USD/JPY 104.57 High Starting a New Bearish Leg?
Author: admin_mm
March 182008
Australian Bank Lower U.S. Dollar Forecasts
According to Australias largest mortgage provider, Commonwealth Bank of Australia, the U.S. dollar will perform worse than experts previously expected for this year. The strengthening financial crisis in the United States forced the Federal Reserve to cut rates at a greater pace than it was expected in the banks previous forecast. The U. S. dollar has already dropped about 5% against the Australian dollar and 3.9% against […]
Read more
March 172008
Dollar at New Lows against Euro, Yen
The U.S. dollar went down to the new record low levels against the European and Japanese currencies today during the Asian trading session on Forex as the Federal Reserve cut the discount interest rate in emergency. The global financial crisis continued to press on the dollar even on weekend, when the destiny of the Bear Stearns was decided and the Federal Reserve cut […]
Read more
March 172008
Dollar Weakens on Bad Manufacturing Indicators Report
The EUR/USD currency pair reached its new absolute maximum earlier today at 1.5902, but it has significantly corrected already and is trading around 1.5750 level. The first falling indicator that went out today to negatively affect the financial situation on the global market and weaken the U.S. dollar further was the NY Empire State Index for March, it decreased from -11.7 to -22.2, its new […]
Read more
March 162008
Forex Trading Education
As you can see there are huge potentials to make profits on the Forex. But like any financial market, there are risks associated with Forex trading, and even the most experienced of traders makes a wrong decision every once in a while that ends with them losing a large sum of money. Because the Forex market is such a volatile and unreliable market, it is absolutely necessary that you have a thorough knowledge of trading […]
Read more
March 152008
Forex Technical Analysis for 03/17—03/21 Week
EUR/USD trend: hold. GBP/USD trend: sell. USD/JPY trend: sell. EUR/JPY trend: sell. Floor Pivot Points Pair 3rd Sup 2nd Sup 1st Sup Pivot 1st Res 2nd Res 3rd Res EUR/USD 1.5001 1.5141 1.5407 1.5547 1.5813 1.5953 1.6219 GBP/USD 1.9591 1.9793 1.9993 2.0195 2.0395 2.0597 2.0797 USD/JPY 92.74 95.82 97.43 100.51 102.12 105.20 106.81 EUR/JPY 149.38 […]
Read more
March 142008
EU Leaders Include Strong Euro Reference
European leaders decided to include the strong euro reference to their two-day Brussels meeting conclusion, which is to be released today. Earlier today, this conclusion was expected to come out without a notice about the fast appreciation of the euro against the U.S. dollar. But that point didnt please the French delegation including the president Nicolas Sarkozy. The French finance authorities started to insist on some […]
Read more
March 142008
Not a Single Day Without Dollar’s Antirecord
During the last nine days, only one day didnt bring a new absolute record level on EUR/USD; it was last Friday, March 7. Today EUR/USD reached a new maximum value at 1.5687 renewing the yesterdays record at 1.5644. In February seasonally adjusted CPI didnt change at all according the report of the Bureau of Labor Statistics. In January it grew by 0.4% and for this month the majority of the market analysts expected a 0.3% […]
Read more
March 142008
Yuan at Highest Rate since 2005
The Chinese yuan rose to its new highest rate against the U.S. dollar since the end of a currencys peg to the dollar in 2005. The dollar weakened on the international currency market this week as a lot of the disappointing macroeconomic statistics along with the Feds readiness to cut the interest rate pressed on the U.S. currency. Meanwhile high inflation rate in China pressed on the government for a faster […]
Read more
March 132008
FxPro — MT4 Broker with Annoying Website
FxPro is a relatively new MetaTrader Forex and CFD broker, which Ive found out recently. Ive seen the ad for this broker on some cable channel and decided to check it out on-line. Not many Forex brokers advertise on TV nowadays, so I was kind of interested. What I really didnt like a lot about FxPro was their website speaking flash marketers isnt something I expected from the good user-friendly website. Some of the […]
Read more
March 132008
EUR/USD at 1.5626, Fundametals Continue to Disappoint
EUR/USD reached a new absolute maximum value today not so long after the opening of the European trading session. It touched 1.5626 and then traded slightly below that level. Bad economic news from the U.S. failed to move the currency pair upwards. EUR/USD even started to correct after those releases. Retail sales in February dropped 0.6%, while the retail sales excluding the motor […]
Read more