Forex trading is the buying and selling of foreign currencies for profit. This profit is based on the premise that the value of a currency will vary against another currency. In fact, currencies are very unstable in the sense that the ...
Forex Trading – What Is Hard
Source: www.bestforextradingusa.com
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Analyst Moves: MUR, PCS
Murphy Oil (MUR) was downgraded today by Deutsche Bank (DB) from buy to hold with a price target of $64, as the earnings will likely be hurt by...
Window of opportunity… | Forex Impact
Here's your free trading video for: June 8, 2009 Want To Receive More Free Forex Trading Videos? Join our Forex Impact Video Newsletter and receive. Forex Impact -...
US Q1 Bankruptcies up 10% Q/Q
A few minor economic reports have come out over the session. Firstly US Q1 bankruptcy filings rose to their highest level since 2005, up 10% from Q4 2008. The Philadelphia Fed survey of economists said that the US economy should return to growth in H2 2009, but they also expected the unemployment...
Chinese banker wants Yuan debt markets developed
Guo Shuqing is chairman of the China Construction Bank and former head of China’s foreign exchange administration. He is quoted in this Reuters report as calling for mutual cooperation between the US and China in developing China’s financial markets and in ensuring that the Yuan becomes...
EURUSD is facing 1.3743 resistance again
EURUSD is facing 1.3743 resistance again, a break above this level will indicate that the fall from 1.3861 had completed at 1.3428 already, and...