Posts Tagged ‘ forex traders ’
The U.S. dollar traded higher against every major currency ahead of the Federal Reserve’s monetary policy meeting. There are a few reasons why forex traders should be nervous today, but we believe that the rally in the U.S. dollar is a reflection of the market’s hope that the Fed will come through tomorrow by [ READ MORE ]
EUR/USD is currently showing a perfect Doji candlestick patter on the chart as the traders reacted to the improved trade balance deficit of the United States. Meanwhile, the jobless claims remained near the same level as a week before, leaving the Forex traders no real guidance for the short-term future. EUR/USD is now trading near 1.3659. Trade balance deficit decreased from $39.9 billion to $37.3 billion, as the imports fell faster than the exports. Markets expected [ READ MORE ]
The U.S. dollar traded higher against all of the major currencies ahead of Friday’s non-farm payrolls report. The strength of the dollar reflects the market’s relief that any increase in job losses in February will be reversed in March. There has been a lot of chatter about how the two snowstorms in the [ READ MORE ]
Thanks to the better than expected U.S. non-farm payrolls report, the sun is shining brightly on the financial markets. Equities rose to their highest levels in more than a month while the dollar saw its strongest performance against the Japanese Yen since early December. The improvement in risk appetite helped to drive currency traders [ READ MORE ]
The strength of the Canadian dollar going into Tuesday’s monetary policy meeting suggests that forex traders are anticipating a positive outcome for the loonie. Given that the central bank is not expected to raise interest rates or make any changes to their Quantitative Easing program, traders may wonder what the BoC could possibly say [ READ MORE ]
If you are a beginner on Forex market or just not making the profit you want, then you can apply the following Forex trading tips. You can instantly follow these rules and your profits will grow, besides, you will save time because your trading will require less time. So, let’s take a look at these [ READ MORE ]
Learning everything about the Forex market can be pretty challenging, but absolutely necessary for successful Forex trading. Maybe this is the reason why there are so many learning resources offered for new Forex traders. If you want to learn Forex, there are many options for you out there. You can attend a seminar, take an [ READ MORE ]
The currency market is affected by many news, which at a first glance not always seem to be related to Forex. Meanwhile there are many types of financial, political and macroeconomic news that influence the Forex trends directly. Forex news is the important part of the fundamental analysis, which is often taken into account by the medium-term and long-term traders. News following is different from news trading as the latter is a form [ READ MORE ]
Today Forex has become an opportunity to make money trading currencies online and a lot of people worldwide do not want to lose such opportunity. Some people consider Forex a quick method to become rich overnight. With the help of the Internet you can also become one of Forex traders trading currencies online. Despite of [ READ MORE ]
Over 90% of traders lose in forex. Currency trading may seem to sound a little easier so that the needs of full-time schooling, training and good decision-making. To see the poverty in this area, most schools and training centers has arrived, with a course to improve, train and give skills to aspiring Forex traders. In [ READ MORE ]
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