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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The Greenback Awaits the Release of the Nonfarm Payrolls
Today’s U.S. NonFarm Employment Change data release is set to dominate the trading between the Dollar and its major currency pairs. A number of other factors are also likely to impact the forex market today, such as European Central Bank Chairman Jean-Claude Trichet’s speech at 7:50...
Angola Central Bank Sets New Benchmark Rate at 10.50%
The Banco Nacional de Angola (BNA) set its new benchmark interest rate at 10.5%. The BNA said: “Considering...
Facebook May Double European HQ
Facebook could be seeking to double its presence in Europe according to a recent report from Bloomberg. The online social networking giant may...
The Greenback Weakens despite Positive Data from U.S | Forex ...
My Forex Blog More on this topic (What's this?) The Declining US Dollar (Trends I'm Watching, 6/10/09) Tracking the Collapse of the US Dollar (Financial Market Commentary by S..., 5/25/09) Why the Current US Dollar Chart Tells a ... Forex Trading TV Video Blog -...
Stops outweighing bids in USD/JPY
Dealers report heavy selling of USD/JPY which the bids at 97.50 have not quite been able to soak up, 42 the low so far. Corporate offers have been lowered so expect stiff resistance at 98.10/20 on any...