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EUR/USD Continues Climb Above 1.40 Yet Euro Shows Relative Weakness
By Fast Brokers - The EUR/USD kept steamrolling through May 22 highs on increasing volume, and is distancing itself from the...
The Greenback Awaits the Release of the Nonfarm Payrolls
Today’s U.S. NonFarm Employment Change data release is set to dominate the trading between the Dollar and its major currency pairs. A number of other factors are also likely to impact the forex market today, such as European Central Bank Chairman Jean-Claude Trichet’s speech at 7:50...
Fed’s Lockhart: Fed should not wait long to tighten
Comments via The Market News International wire from Atlanta Fed’s Lockhart are boosting the dollar. He says the Fed should not wait long to tighten. They can tighten while maintaining a expansionary quantitative ease policies. Buying more Treasuries is an option, but it has draw backs, he...
Forex Day Trading Systems
Normally, we associate trading with purchasing a product, bringing it home or to our office premises, and then advertising it. Likewise, we buy stocks and shares in the stocks and shares market, keep them until their price increases and then sell them off. Times have changed, and now trading can...
National Bank of Georgia Reduces Rate 25bps to 7.00%
The National Bank of Georgia reduced its benchmark refinancing interest rate by 25 basis points to 7.00% from 7.25%....