If you want to learn forex trading online, there are several helpful websites that can teach you the ropes, provide demo accounts for practicing, and offer tips for more experienced traders. To learn forex trading online can potentially ...
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Euro Might Fall After the EU Finance Ministers Meeting
By TraderVox.com Tradervox (Dublin) - The Euro has been on a bearish run against major currencies this week due to the eurozone...
Asian Forex wrap
Belgian central bank issues negative forecasts. ECB’s Guy Quaden says world still in recession. NZ’s Terms of trade index -3% in Q1. Chrysler sale to Fiat gets Supreme court go-ahead. The Chinese upset over the failed RIO deal. Japanese Goods Price Index falls by 5.4% in May. Australian...
Slow start to week for Asia; sterling weakness a feature
There hasn’t been too much change in overnight Asian trade. Sterling weakness is a feature as the market frets about the future of Prime Minister Gordon Brown. Cable is down at 1.5930 from a North American close Friday around 1.5980, while EUR/GBP is up at .8780 from around .8740. Interesting...
FOREX VIDEO - New York Session Review - Sept 16, 2009
You might say that the USD/JPY currency pair had psychological issues today. During today’s London session, the pair formed a double bottom at the 90.00 level, setting the stage for a potential recovery of the dollar against the yen. Traders who “bought the dip” after the break of the...
Major investment bank going short EUR/USD
The guys over at Citibank have been having the same problems as myself the last few weeks, they are being chopped around in the wash. Nevertheless they always think their technical, fundamental and market arguments through before putting on a trade. They have gone short EUR/USD at 1.3800, with a...