Forex Automoney platform really makes it easy for traders to decide when to Buy or Sell a certain currency, but it doesn't eliminate mistakes traders do every day. Before you go and start trading with Forex Automoney platform, ...
Forex Automoney: Leverage Secrets to Profitable Forex Trading Part ...
Source: abraham.ilikehandbag.com
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Pimco’s El-Erian: Fed unlikely to raise rates this year
Of course, he’s talking his book, but more than likely he has it right, saying it is unlikely the Fed will hike rates this year. The market got a bit excited earlier this week at the notion that a hike could come before year-end but those hopes have moderated. Further, El-Erian says the...
Latvian budget vote Tuesday
Should pass, says parliament budget chief. If it fails, look for some EUR weakness owing to concerns to western European banking exposures and fears of a domino effect. A few oither tidbits: Traders note good selling of cable from German names in the last few minutes. There is also talk of large...
Analyst Moves: DTV, GOOG
DirecTV (DTV) was downgraded today by UBS (UBS) to neutral from buy with a $46 price target, as the firm believes that subscriber growth will...
GBPUSD breaks below 1.4784 previous low
GBPUSD breaks below 1.4784 previous low and reaches as low as 1.4475, suggesting that the downtrend from 1.7042 has resumed. Deeper decline is...
Cable eyes resistance at 1.6671, 1.6715
Cable remains on a tear with a global recovery helping lift the worst of the worst (except for the dollar) as prospects brighten going forward. Talk of a major resuffling of the UK cabinet is not impacting the currency despite talk that Chancellor Darling could be on the chopping block. Hanging...