Forex Trading

Tuesday, 22 November 2011

Aussie Retreats as Risk Aversion Sets In

Aussie is retreating once showing some signs of gains earlier. Now, though, Aussie is heading lower as risk aversion sets in. issues regarding sovereign debt in Europe, and therefore the budget issues plaguing the US, are weighing on riskier currencies nowadays. Earlier, as US stocks pared gains and headed higher, the Australian dollar...

Euro Higher for Now, But Debt Remains a Problem

Euro is higher straight away, gaining as some Forex traders engage in brief covering. However, the 17-nation currency continues to be at risk of debt issues — in the eurozone and in the US. For now, euro is obtaining to a small degree of a lift when some choppy trading yesterday, and a flight to safety for markets. Middle East demand has...

SA Rand Rebounds on Outlook for Interest Rates

The South African rand rebounded these days after yesterday’s decline on the speculation the central bank will keep its interest rates unchanged, continuing to draw foreign investors. South Africa’s interest rates are important for the rand as the differential between the South African rates and also the borrowing prices within the developed...

Global Economy Unfavorable for Riskier Currencies, Brazilian Real Drops

The Brazilian real ticked down because the developments within the international economy created investors favor safer assets over riskier ones. The US politician weren’t been ready to agree on budget cuts. Germany’s Finance Ministry admitted that the nation’s economic growth was “noticeably slower”. All in all, it remains terribly arduous...

Monday, 21 November 2011

Yen Profits from Debt Problems of Europe & USA

The Japanese yen rose against the euro and fluctuated versus the dollar as considerations about the US debt added to uncertainty caused by the ecu crisis. Rumors say the US Congress may announce that its members failed to reach agreement about spending cuts required to reduce the budget deficit. Spain was one more European country to lose...

Pound Slumps as House Prices Decline

The Great Britain pound dropped nowadays and dropped heavily as the house prices in Britain tumbled, reinforcing the negative outlook for the united kingdom economy. Rightmove reported that the House worth Index was down by three.1 % in November from October, following the increase by a pair of.8 % in October from the preceding month....

Monday, 19 September 2011

Online Forex Trading is Booming Business

Forex online is more fashionable now to a large extent all have access to a computer and the Internet. Unlike thestock market, the Forex does not have a special place for trade to take place. While trade takes place around the world, online Forex trading makes this process more convenient than ever. Transactions on the Forex are traded very rapidly. The Forex is open twenty four hours a day on each working day of the year. Startseach...

Monday, 12 September 2011

Worst Week for Sterling in Nine Months

Great Britain book published this week the biggest weekly fall against the U.S. dollar nine months of speculation that the fragile UK economy will force the central bank to keep interest rates at historic low. Virtually all the key data this week was negative for the pound. Whether house prices, industrial production or the producer price...

Franc Considered Overvalued Even Pegged to Euro

The Swiss franc fell against other major currencies today as the Finance Minister Johann Schneider-Ammann said the currency is "vastly overrated" even after the central bank set the franc to the euro. The franc rose against the euro today. The minister explained that he believes that the fair rate for the franc is the following: There is...