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China relaxes rules to ease overseas investment
China’s foreign exchange regulator says it will change some rules to make it easier for Chinese companies to invest...
Blogging About Forex for 3 Years
Today is the 3rd anniversary of the EarnForex blog. 3 years ago I’ve made my first post (which was less than anything meaningful) to this blog. Many posts have been made since then and I hope that the quality of the content has also improved since 2006....
GBP/USD Drops on Rising Volume
By Fast Brokers - The Cable is pulling back on rising volume along with the EUR/USD, raising a red flag as far...
Global miner BHP take a 58% price cut in coal
BHP Billiton has agreed to a 58% price cut for the coal it sells to major steel makers. This is pretty much in line with the expected cut of 60% analysts had forecast. The deal signals a looming price cut in other main steel making ingredient, Iron ore. The 58% cut in price equates to a benchmark...
Forex news: dollar slips vs majors on Asian stocks increase
Thursday, during early Asian deals US currency lost ground against its main rivals as gains in Asian stocks boosted investors to turn toward higher-yielding assets. Asian shares edged up today as investors continued to favor riskier assets on further signs that the global economy is picking up,...