Posts Tagged ‘ currency ’
Forex market apart from trading deals with a lot of other things. It is very important to know terminology and to be aware of the main principles according to which the market functions. There are many aspects which seem to be irrelevant and many traders neglect them, but in fact they are extremely important because [ READ MORE ]
Today, we bring you an interview with Edward Hugh, a macro economist, who specializes in growth and productivity theory, demographic processes and their impact on macro performance, and the underlying dynamics of migration flows. Edward is based in Barcelona, and is currently engaged in research into the impact of aging, longevity, fertility and migration on [ READ MORE ]
The EUR/USD currency pair fell significantly today on international economic events even if the U.S. economic data released frustrated most of forecasts, indicating a less optimistic, but still positive performance for industrial production and producer price index. Risk appetite was down favoring the dollar today, as the IMF forecast a slow economic recovery globally. EUR/USD is currently trading at 1.4870. Producer Price Index (PPI) advanced 0.3% in October reverting [ READ MORE ]
BTrader is the latest Forex broker that was added to EarnForex.com today. This broker offers both MetaTrader 4 and web-based trading platform (WebFX), which can be convenient for many Forex traders that prefer browser-based access to their trading account over the power and complexity of the MT4 platform. BTrader is a very new broker and is based in Singapore. They offer trading accounts from $25 with the leverage [ READ MORE ]
The dollar traded lower against the euro during the trading session today and came close to the euro’s major resistance level near 1.5000. EUR/USD benefits from the unexpected jump in the retail sales reported for October, ignoring the disappointing data on the manufacturing sentiment index. The currency pair is currently trading near 1.4975, maintaining a strong long-term bullish trend. U.S. retail sales increased at a seasonally adjusted rate of 1.4% in October after falling by [ READ MORE ]
When the average number of long trades is higher than the average number of bearish trades due to some fundamental or technical reasons, it is said that the market is in a bullish bias. If the short trades prevail then it’s called a bearish bias. Stock market is known to have a rather strong bullish bias as it’s much easier for investors to buy the stocks rather than sell. Forex, on the other hand, [ READ MORE ]
Leave it to Federal Reserve Chairman Ben Bernanke to give currency traders some excitement. For most of the European trading session and into the early U.S. session the dollar quietly grinded lower against the major currencies. Weaker economic data failed to trigger any major move in the dollar but when Bernanke said the Fed [ READ MORE ]
Is Forex Canada for anyone? Forex Canada entails investing in the Canadian dollar and study the exchange rate between this currency as well as another currency as it bounces back and forth, buying and selling as it reaches definite points in the chart that you have set up. The best way to trade [ READ MORE ]
You have probably heard that there are a lot of various methods with the help of which traders get chance to enhance their income and make more money. What is more, there are people who are sure that it is impossible to become successful without usage or developing of any strategy. These people are usually [ READ MORE ]
In recent years, Forex trading saw the revolutionary events. Opening of the currency market of retail investors was revolutionary changes. Previously Forex trading area important players as banks, multinational corporations. But development on the retail market Forex completely changed everything. Now any small investors from any point of peace can deal in the currencies of [ READ MORE ]
Powered by MailChimp