First, there are the inherent draws of trading forex: liquidity, simplicity, and convenience. Second, investors are in the process of diversifying their portfolios away from stocks and bonds, which have underperformed in the last few ...Forex Blog - http://www.forexblog.org/
Boom Time for Forex. $4.1 Trillion a Day and Rising. | Forex Blog
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USD/CAD Daily Forex Technical Outlook
Daily Pivots: (S1) 1.0790; (P) 1.0890; (R1) 1.0950 USD/CAD’s pull back from 1.0991 extends further and the break of 1.0859 indicates that an intraday top is in place. Some consolidation should now be seen. But downside is expected to be contained above 1.0659 support and bring rally...
National Bank of Rwanda Holds Interest Rate at 7.00%
The National Bank of Rwanda held its key repo rate unchanged at 7.00%. Bank Governor, Claver Gatete, said: “The monetary...
Morgan Stanley Reports Narrower-Than-Expected Loss
Morgan Stanley (NYSE:MS) reported a narrower than expected loss of $0.15, vs. consensus estimates for a loss of $0.57.Revenues in the quarter came...
IvyBot
I just learned that a new ClickBank forex product has been launched. It goes by the name of Forex Ivybot. There are probably a ton of websites out there trying to convince you to buy this expert advisor, but I’m not so sure about it. Some say that it’s not worth to buy it. I’m not...
Cable touch firmer early
Cable is a little firmer in early European trade, presently at 1.6345. General risk sentiment is in pretty good shape, while the USD is struggling as the realisation grows that we’re not likely to see an early US rate hike. Recent improved UK housing data and PM Brown’s political...