Posts Tagged ‘ trouble ’

4 Year Lows for the Euro- Where is the Bottom?

Another washout wave of risk aversion hit the FX market at the start of week’s trade with euro plunging to 4 year low while cable tumbled 300 points before staging s short covering rally. The euro was driven to a low of 1.2240 in early Asian trade as fears over the draconian [ READ MORE ]

Automated Forex Trading Versus The Human Day Trader

There is a war brewing in the Forex trading marketplace and in one corner we have the automated Forex software and in the other is the human day trader. From the very beginning of this contest it looks like the human trader is in deep trouble and does not belong in the ring [ READ MORE ]

Forex Trading Advices For Novices

Forex tips for beginners – why it is so important to be skilled and to be under certain circumstances when you are trade with Forex? If you are a beginner may be you can not understand why Forex trades and all other popular systems are successful among people. You can deal with Forex trades the [ READ MORE ]

Euro Under Assault as Austrian Banks Crumble

Euro was under relentless assault in early morning European trade today, after reports on the website http://www.benzinga.com suggested that Austria may be the latest trouble spot for the credit crisis spreading throughout the region. The Austrian regulators have already nationalized Carinthian Hypo Alpe Adria Bank AG and speculation is mounting that Austria’s fourth largest [ READ MORE ]

Can Euro Rise Beyond 1.5000?

Risk currencies ran into a wall of disappointing data along with unexpected comments from Fitch ratings regarding UK debt causing the dollar to strengthen slightly in early morning European session. Fitch noted that UK was the most vulnerable of the G-4 economies to a ratings downgrade given its perilous fiscal position and those [ READ MORE ]

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