Archive for February, 2008
Wednesday, February 27th, 2008
via DailyFX
• Fed Report Points to Further Rate Cuts, Dollar Accelerates Its Record Breaking Declines
• Euro, Backed By Strong Data, Blows Through 1.50 Against The Dollar
• Australian Dollar Joins Its New Zealand Counterpart At Multi-Decade Highs
Fed Report Points to Further Rate Cuts, Dollar Accelerates Its Record Breaking Declines
Since the dollar marked its unfavorable ...
Posted in Forex News | No Comments »
Tuesday, February 26th, 2008
[youtube:http://www.youtube.com/watch?v=Xq0TTv-of-M]
Posted in Forex Video | No Comments »
Monday, February 25th, 2008
by KBC Market Research Desk
EUR/USD showed some intraday swings on Friday, but in retrospect the pair basically traded sideways. EUR/USD started European trading in the 1.48 area, but was propelled higher as the European PMI data came out on the stronger side of expectations. The combination of poor US data ...
Posted in Forex News | No Comments »
Sunday, February 24th, 2008
by David Morrison
In this article, David describes the advantages of forex trading compared to other forms of trading. Certainly having no brokerage costs adds to the profitability of trading any product, and hence is one of the attractions of currency trading. Here's the article:
There are many different ...
Posted in Forex Education | No Comments »
Friday, February 22nd, 2008
by David Jenyns
An interesting title? Here David talks about what not to do, and it is a trading strategy that many people still do, usually for no apparent reason apart from being something they heard other people did, but don't understand how it may not be suitable ...
Posted in Forex Tips | No Comments »
Wednesday, February 20th, 2008
by KBC Market Research Desk
On Tuesday, the euro extended its rise against the dollar. The trend was already in place since early last week and in the absence of key economic data the move was extended. The ECB (Noyer) still being rather optimist on the European economy ...
Posted in Euro, Forex News | No Comments »
Wednesday, February 20th, 2008
by Bob Kozak
Canadian Dollar (CDH8):
The CD opened higher at .9932 against a weaker DX, as higher metals/energy prices increased export revenue potential. Prices hit a morning Hi of .9948, before a decline in Dec.Wholesale Sales and lower core inflation set the tone for at least a 50bp rate cut at ...
Posted in Forex News | 1 Comment »
Saturday, February 16th, 2008
Source: The Forex Trader
As a Forex trader you will always be attempting to make more profits than losses from the fluctuations of exchange rates between currencies in the forex market; in short, this is what is called forex trading. The good news is that nobody is going ...
Posted in Tutorial | No Comments »
Sunday, February 10th, 2008
Source: Reuters
By Toni Vorobyova
LONDON, Feb 6 (Reuters) - The yen gained against the dollar and euro on Wednesday as worries about the health of the global economy and a sharp sell off in Asian equity markets made investors less willing to take on risk.
In such an environment, ...
Posted in Forex News | No Comments »
Friday, February 8th, 2008
The EUR/USD broke support at the 1.4600 psychological level, and the European Central Bank announced its decision to keep rates on hold, during the hour prior to the start of today's New York session. Traders who took the short trade entry at the re-test of the figure were in excellent ...
Posted in Forex Video | 1 Comment »
