Posts Tagged ‘ Gold ’
The dollar was neither a winner nor a loser in today’s session, characterizing what has been a tight day of trading on little U.S. economic data. The euro and pound were hit with modest selling pressure, while the yen continued a string of rallies. Over all, the strongest performer seemed to be the Canadian dollar [ READ MORE ]
Compared to the Euro, the Pound is Gold (figuratively speaking). Compared to everything else, well, the Pound is probably closer to linoleum. Bad geology metaphors notwithstanding, there really isn’t much to get excited about when looking at the Pound. Let’s take the election, for example. Originally billed as a chance for a fresh start, politically, for [ READ MORE ]
The greenback staged a nice comeback today, rising against nearly all of the actively traded currency pairs. The only exception was a slight gain in the Canadian dollar. Otherwise, the aussie, kiwi, euro, pound, and even the yen were unable to fend off demand for dollars. Along with the rally in the dollar came an [ READ MORE ]
Everything in forex is relative, right? Actually, it turns out this adage is wrong, as there is now a way you can short the entire forex market! I’m not talking about some innovative new financial product that you’ve never heard of, but rather something that everyone already knows about: Gold. Before you accuse me of sounding [ READ MORE ]
ForexHunt is the newest Forex broker that was added to the list on EarnForex.com today. It’s quite an original broker that offers a lot of interesting trading contests, bonuses and promotions. It also has very favorable account opening and trading conditions ($1 minimum, medium spreads, multiple deposit options, MetaTrader 4, etc.). It’s a rather new Forex broker and it’s known poorly in the English-speaking community (it’s more popular [ READ MORE ]
DfxTrade is a new on-line Forex broker that was added to my site today. According to its website, the company is based in Hong Kong and operates globally except for the residents of the United States. For some odd reason their domain name is registered only until June 2010 (less than a half of a year left), which looks to be a rather disturbing trend among the new brokers. DfxTrade offers a custom Forex [ READ MORE ]
The last time I’ve written about the gold bubble was almost a year ago when the commodity has been trading near its all-time high at $941/ounce. Since then, the gold managed to reach a new historical maximum at $1,226/ounce and retrace to near $1,050/ounce. So, what’s the current situation with it? Is it still a bubble? Is it already bursting? Is gold going to go up even higher? When [ READ MORE ]
Another wild night of volatility across all capital markets saw key levels give way in gold, equities and the euro as risk liquidation continued unabated ahead of the NFP report at 13:30 GMT and the G-7 meeting this weekend. With liquidity extraordinarily thin ahead of event risk later in the day, the price moves were [ READ MORE ]
Forex is probably the best place to begin a business career. Sounds like a nice idea, huh? A trader with a desire to find gold can trade in Forex. However, the Forex market is not just playing cards and waiting for what is intended. Here are the secrets of successful Forex traders. Taken seriously and [ READ MORE ]
In 2009, the South African Rand was the world’s second best performing currency, after only the Brazilian Real. Since September, however, it has stagnated, and over the next year, it is projected to fall 10%. What happened?! The Rand represents an interesting case study because it sits at the nexus of several trends. The first is [ READ MORE ]
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