The planet of forex trading will be daunting, after all, forex is definitely the biggest and most liquid market worldwide and includes every one of the currencies in use right now. Lots of people lose a lot of money when trading currencies, but this ...
Ideas For Understanding Forex Trading In Today's World « EraNostra
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FOREX-Dollar near 15-mth lows, pound down on Fitch warning
TOKYO, Nov 10 (Reuters) - The dollar hovered just above a 15-month low against a basket of currencies on Tuesday as investors looked to return to leveraged carry trades, while sterling tumbled after a warning on Britain's credit rating. Fitch Ratings said that of the four major economies with AAA...
Denmarks Nationalbank Cuts Rate Further 10bps to 0.7%
The Danmarks Nationalbank cut its key lending rate by 10 basis points to 0.70% from 0.80% and reduced the current account rate 5bps...
Friday Morning Thoughts
By Back Bay FX - We are nearing the end of a very volatile week in the currency markets. Trying to find...
Locking In Profits
Hi Darrell, Sorry I was not able to get back to you yesterday, it was just one of those days! <really enjoying what looks to be an unbeatable way of trading!> Our trading is solid :) but not unbeatable. Or rather, not easy. Because of our position sizing and risk/reward always being in our...
GBP/JPY Daily Outlook
Daily Pivots: (S1) 141.55; (P) 144.12; (R1) 145.51 GBP/JPY’s fall accelerated to as low as 139.72 so far today and met mentioned target of 50% retracement of 118.81 to 163.05 at 140.93 as expected. Intraday bias remains on the downside for the moment and sustained trading below 140.93 will...