- 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
February 202008
FOMC Minutes Show that Fed Worry
The release of the FOMC minutes for January 29/30 meeting today gave traders more insight about the Feds vision and strategy. Dollar started to lose its positions right after the release and shortly reversed its daily gain against euro. In the released document, members of the committee expressed a worry about the global slowdown of the advanced economies, current state of the housing, consumer and financial sectors. Long-term securities markets, according to minutes, are also experiencing the excess volatility: […]
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February 202008
Yuan on Record Rally Spree
Today was the fifth straight day when the Chinese yuan grew against the U.S. dollar and other major Forex currencies after the Peoples Bank of China introduced its new anti-inflation policy. During the China Foreign Exchange Trade System trading session today the Chinese yuan gained 0.1%, rising from 7.1580 to 7.1510 per 1 U.S. dollar. Since the beginning of 2008, USD/CNY lost […]
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February 202008
CPI Advances Moderately, Moves Dollar Up
CPI release for January along with some moderate data on housing lifted traders expectations and spurred some good growth of the U.S. dollar with both EUR/USD and GBP/USD losing about a half percent for the day. It may be a good sign for the dollar bulls eventually as it is almost definite now that the recession is either ending or is not going to happen at all. January CPI […]
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February 192008
Interview with FXCM
This my first interview with a major Forex broker. Jaclyn, Public Relations Coordinator of the FXCM broker. Decided to answer some of the questions Ive sent them via e-mail. The questions touch various topics and should be interesting not only to the current customers of the FXCM, but also to any trader who is interested in a current on-line Forex trading situation. Bad thing is that answers sound too commercial, in my opinion. But that shouldnt be a problem anyway. […]
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February 192008
AUD Up on Interest Rate Increase Expectations
The Australian dollar rose today against other major currencies, as the banks minutes release hinted markets that the Reserve Bank of Australia will probably increase the interest rate by 25 basis points again next month. AUD/USD gained more than 1.2% today, making it a second such day for this currency pairs. AUD/JPY had just a minor gain today, but nevertheless its already a 7th day in a row. EUR/AUD declined from 1.6164 to 1.6008 today […]
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February 182008
Recession in Japan May Reduce Gains in Yen
According to, Toyoo Gyohten, the president of the Tokyo based Institute of International Monetary Affairs, the Japanese economy may enter a short period of recession soon and that will slow down or even reverse the yen?s appreciation trend. As the result of this possible recession, Japanese yen will be traded inside the 105-110 range against the U.S. dollar, while earlier analysis predicted that the 100 rate […]
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February 182008
Pivot Points Indicator for MetaTrader
A new indicator is available for download now â it’s TzPivots. It shows the daily pivot points directly on the MetaTrader chart. It’s easy to use â you only need to set two input parameters for it to work properly: LocalTimeZone â should be set to your MetaTrader server’s time zone shift in hours relative to the GMT. E.g. if your charts in MT4 are for GMT-5, then you should enter “-5” […]
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February 182008
Hedging Strategies in Forex
There are two new Forex articles that I have uploaded on my site today. They are written by Mary McArthur and they both are about hedging in Forex. Hedging is a simultaneous buying and selling of the same trading instrument. It has a great potential on the volatile and less trendy markets. One articles describes the Forex hedging in general, while another is about a grid hedging system, which exploits the fast swings in both direction on such […]
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February 162008
Forex Technical Analysis for 02/18—02/22 Week
EUR/USD trend: hold. GBP/USD trend: sell. USD/JPY trend: hold. EUR/JPY trend: hold. Floor Pivot Points: Pair 3rd Sup 2nd Sup 1st Sup Pivot 1st Res 2nd Res 3rd Res EUR/USD 1.4310 1.4396 1.4538 1.4624 1.4766 1.4852 1.4994 GBP/USD 1.9093 1.9247 1.9429 1.9583 1.9765 1.9919 2.0101 USD/JPY 104.22 105.26 106.52 107.56 108.82 109.86 111.12 EUR/JPY 150.84 […]
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February 152008
Xforex Web Based Broker without Demo (Actually It Has Demo Accounts)
Xforex is a Forex broker that I added to the broker lists on my site today. Its not a new Forex broker at all it operates on-line since 2003. It has only a web-based trading platform which is optimized for IE, but it also works with Firefox too (though there may be some glitches). Trading platform itself is rather poor (in terms of indicators and automation), but it loads fast. Special Muslim accounts are available for appropriate customers. Unfortunately […]
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