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Forex Trading Ideas | kfunigraz.com
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China still a net importer of steel in May
China remains a net importer of steel in May, importing 53.46 million tonnes of iron ore, slightly down from April’s record 57 mio tonnes. This markes the 3rd month in a row that imports have exceeded outflows for China, a country that has been a net steel exporter since...
WORLD FOREX: Dollar Finds Favor On Caution
"The short dollar trade has become a bit crowded," said Brian Dolan, chief currency strategist at Forex.com. "The real money mangers are buying back dollars ... See all stories on this...
Can Euro Maintain in Forex Trading? | GFT Forex
Questions about whether or not the euro will make a run at 1.50 are in focus today on the currency market. The forex trading forecast for the euro is dependent, in large part, on the risk trade, and the risk trade seems to be gathering steam right now. Indeed, as forex traders abandon the U.S....
Forex trends: US dollar rises and then weakens versus majors ...
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EUR/USD Down for a Second Day as Productivity Grew
EUR/USD continued to fall today as the ECB kept interest rate unchanged and the U.S. productivity in the first quarter of 2009 rose faster than expected. The currency pair is now trading near 1.4121. Initial jobless claims were at 621k last week, down from 625k...