Tradenext is the latest Forex broker addition to the list on the site. It’s regulated by both US’ NFA and Germany’s BaFIN. It’s a broker with MetaTrader support and also with their own Tradvec trading platform. It offers micro-Forex trading but the minimum account size is quite high ($1,000), while…
Forex Broker with German/US Regulation
Source: www.earnforex.com
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Pre London Outlook July 20th 2009
Hey everyone, for today’s London outlook I have prepared a forex buffet of various breakout related trade plans. I analyze the Euro Yen, Pound USD, Cad Yen and Pound Swissy. Although we have seen some nice intraday volatility over the last few weeks we still don’t have definitive longer term...
Interest Rate Day - Bank of England, ECB, Bank of Canada hold rates steady.
Thursday, June 4th - The Bank of England, European Central Bank and the Bank of Canada all decided to keep their respective interest rates at...
China still a net importer of steel in May
China remains a net importer of steel in May, importing 53.46 million tonnes of iron ore, slightly down from April’s record 57 mio tonnes. This markes the 3rd month in a row that imports have exceeded outflows for China, a country that has been a net steel exporter since...
FOREX-Yen cuts earlier gains as it slides vs Aussie
The yen reversed steep early gains and slid on Monday in choppy trade as market players bought the Australian dollar against the Japanese currency ahead of an expected rate hike in Australia this week. The yen advanced broadly in early Asian trade, touching its highest levels in several weeks,...
EUR/JPY stalls at crucial 137.43 level
EUR/JPY has seen a fair bit of profit-taking as prices reached important resistance at 137.43. Failing to overcome that level, traders were quick to book profits and send the cross quickly back to the 137.00 area. No surprise, there is talk of a 137.50 barrier being defended. I can’t remember...