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Forex Trading Conditions – A Special Report | Bankingsite.info ...

We are all aware that the currency market has been hit up one side and down the other. Right now, the dollar is losing its safe haven status and we are seeing other currencies rebound and fall. The Euro, the Japanese Yen, the Pound, ...

August 11 2010, 6:03am | Comments »

Technical Vs Fundamental Analysis in Forex Trading | Bankingsite ...

As a beginner in forex trading you might wonder which analysis suits you best - technical or fundamental. Is it better to concentrate on one of them, or rather combine the two for better understanding? What do other traders use to ...

August 11 2010, 6:02am | Comments »

Forex: EUR/GBP finishes near even

FXstreet.com (Barcelona) - Even though the EUR/GBP wobbled throughout the day between modest gains and losses, by the end it is settling in around even at ...See all stories on this topic »

August 11 2010, 5:04am | Comments »

Forex Trading Discipline – How to DISCIPLINE in forex trading ...

Forex Trading Discipline – How to DISCIPLINE in forex trading. You can have a fantastic trading method but you need Forex discipline to apply it. The fact is most traders cannot trade with discipline for two main reasons. ...

August 11 2010, 4:44am | Comments »

Best Forex Trading Site – A Robot From a Trading Legend That's ...

by Trading Rich Mom Best Forex Trading Site - A Robot From a Trading Legend That's Made Millions! Best Forex Trading Site If you are looking.

August 11 2010, 4:02am | Comments »

EURUSD may be forming a cycle bottom at 1.3074

EURUSD may be forming a cycle bottom at 1.3074 level on 4-hour chart. Range trading between 1.3074 and 1.3333 is expected in a couple of days....

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Forex Market News & Analysis

August 11 2010, 4:02am | Comments »

Forex: EUR/JPY heading to lows of 112.40

FXstreet.com (Barcelona) - The Euro common currency has been on the decline against the Japanese yen all day, with the pair falling 120 pips or 0.97% on the ...See all stories on this topic »

August 11 2010, 3:58am | Comments »

Online Forex Trading Australia - 10 Benefits of Online Forex ...

My Original Blog Post: http://www.selkblog.com/online-forex-trading-australia-10-benefits-of-online-forex-trading/) by Trading Rich Mom Online Forex Trading Australia - 10 Benefits of Online Forex Trading Online Forex Trading Australia ...

August 11 2010, 2:37am | Comments »

Dollar sheds early sharp gains

The US currency pared gains after the Federal Reserve's policy meeting

August 11 2010, 12:57am | Comments »

Forex Daily Market Commentary

Data released in Switzerland today saw the July SECO consumer confidence measure climb to +16 from the prior reading of +14. July producer and...

August 11 2010, 12:47am | Comments »

US Dollar Slips After Fed Decision

The USD lost some ground against its major counterparts Tuesday after the Federal Reserve left interest rates unchanged, and renewed its pledge to...

August 11 2010, 12:17am | Comments »

Biggest Forex Scam Pt. II (Richard Matthews Jr.)

In our previous article, we covered the story of Russell Cline and how he scammed his investors off $16 million that he used to enrich his own lifestyle. Today, we bring you the story of another such person named Richard Matthews Jr., who pooled in over $30…

August 10 2010, 10:00pm | Comments »

EUR/USD Surged After FOMC Kept Interest Rates Near Zero

EUR/USD dropped today as low as 1.3074, but surged after FOMC announced that interest rates remain at their record low levels. EUR/USD trades currently at 1.3211. Nonfarm productivity preliminary report showed today the decrease by a 0.9% annual rate in the second quarter of 2010, following the growth by 3.9% in the first quarter.…

August 10 2010, 9:44pm | Comments »

French industrial production falls

France's economic recovery appears to be flagging after industrial production plunged in June, in stark contrast to a resurgent Germany

August 10 2010, 7:31pm | Comments »

Poor Employment Numbers Hit the U.S., Canadian and New Zealand Dollars

By Michael Trinkle, ForexTraders Last week saw key employment figures released in the United States, Canada and New Zealand. Overall, the disappointing data indicated that jobs are being lost in these economies at an even greater rate than was previously thought by market economists, thereby putting whatever economic recovery was underway in each affected country in further jeopardy. Outsourcing Hits U.S. and Canadian Employment Sector Basically, the loss of many jobs in the non-farm sector has been the result of massive outsourcing of manufacturing – and more recently, a significant number of technology jobs – to lower employment cost countries such as India and China. While New Zealand’s economy has been buoyed by its ongoing exports to Japan and China, Canada and the United States seem to be in increasingly dire straights because of the interconnectedness of the two economies. Also hurting the latter two economies is the increasing outsourcing of jobs by corporations based in the United States and Canada to overseas providers. Kiwi Hurt by Surprise Rise in Unemployment The New Zealand Dollar still managed to gain over the Greenback – rising one percent last week – despite a considerably larger than expected 0.8% rise in the Kiwi Unemployment rate. The Unemployment rate, which formerly stood at 6 percent during the last quarter, jumped up to 6.8 percent in the latest release out last week. Furthermore, the Employment Change figure also out last week showed that jobs in New Zealand had decreased by -0.3% versus a rise of 0.5% that had been expected by market economists. U.S. Non-Farm Payrolls Indicate Further U.S. Job Sector Weakness The United States employment situation is even more precarious than New Zealand’s, with Thursday’s report that Initial Jobless Claims had risen to 479K – a three month high – versus an expected 456K and with the previous number revised up to 460k from 457K. Nevertheless, the back breaker for the U.S. Dollar was Friday’s Non-Farm Payrolls, which showed a loss of -131K jobs in the non-farm sector, versus an expected decline of only -63K. While those numbers were fairly dismal on their own, the previous number suffered a large downward revision from -125K, to almost double the amount of jobs lost at -221K. Despite the negative numbers, the U.S. Unemployment Rate managed to hold steady at 9.5% versus a 9.6% market consensus. The Loonie Gets Hit on Canadian Unemployment Rise Following the Non Farm Payrolls release last Friday, the Greenback tanked against every major currency, with the exception of its northern neighbor, the Loonie. Apparently, the market recognized that Canada has its own employment problems to deal with. Just as the U.S. Non-Farm Payrolls were released on Friday, the Canadian Employment Change also showed a significant decline of -9.3K versus an expected increase of 13.7K, while the Canadian Unemployment Rate rose by 0.1% to hit the 8.0% level. Despite employment difficulties in Canada and New Zealand, the Kiwi and Loonie continue to be favored over the Greenback for the simple reason that New Zealand and Canada are producing nations while the United States is still mired deeply in debt. The U.S. Dollar will eventually have its day of reckoning, and that day may soon be at hand. More articles from ForexTraders….