The wrecking ball swinging through the Chinese stock market has sent investors around the world scurrying for cover in the safe haven known as the U.S. Treasury market. The result: Even as U.S. stocks take a beating, a key rate that influences the cost of many consumer loans briefly fell below 2% for the first ...
Read More »AUDUSD touching the lows
AUDUSD touching the lows AUDUSD has moved to new lows in the last hour touching 0.7259. The weaker than expected US Employment Cost index on Friday put an end to that break. In fact the price moved above the 200 hour MA for the first time since July 22. That ...
Read More »Bank of Japan (BOJ) Governor Kuroda comments
Bank of Japan (BOJ) Governor Kuroda comments USDJPY Central banks can overcome the zero lower bound, as long as the policy maker commits decisively to fulfilling its mandate with well-designed unconventional policy measures It has become a common understanding among central banks that unconventional monetary policy, despite some lingering skepticism ...
Read More »Forex Daily Report
Forex Daily Report (5-8-2015 8:00pm GMT) US dollar supported against all the other major currencies, after data showed that the U.S. economy created slightly less jobs than expected last month, while unemployment declined in line with market expectations. U.S. unemployment rate ticked down to 5.4% in April from 5.5% the ...
Read More »Forex Fundamental Analysis.
Forex Fundamental Analysis. What is fundamental analysis? Fundamental analysis in Forex is a type of market analysis which involves studying of the economic situation of countries to trade currencies more effectively. It gives information on how the big political and economical events influence currency market. Figures and statements given in ...
Read More »Forex Bonuses Glossary
Forex Bonuses Glossary Deposit bonuses – make a deposit and get % bonus on deposit. No deposit bonuses – a free bonus to new clients – a live account to start trading immediately with no deposit required. Volume bonuses – high volume traders are offered cash back for their active ...
Read More »Short-Term Forex Trading Strategies
Short-Term Forex Trading Strategies Day Traders use high amounts of leverage and short-term trading strategies to capitalize on small price movements in highly liquid stocks or currencies. Day trading is an extremely stressful and expensive full-time job. True day traders do not own any stocks overnight because of the extreme ...
Read More »Forex Daily
Forex Daily The dollar was up against the yen, with USD/JPY up 0.95% at 114.68, and up against the Swiss franc, with USD/CHF up 0.49% at 0.9647. ADP reported that non-farm private employment rose by 230,000 last month, beating expectations for an increase of 220,000. EUR/USD was down 0.53% at ...
Read More »Forex Daily Report 8-29-2014
Forex Daily Report 8-29-2014 USD/CAD was down 0.03% at 1.0858, up from a session low of 1.0811 and off a high of 1.0863. The pair was likely to find support at 1.0797, the low from July 29, and resistance at 1.0998, the high from Aug. 25. EUR/USD was down 0.20% ...
Read More »Forex Daily Report
Forex Daily Report 8-22-2014 EUR/USD was up 0.19% at 1.3284, up from a session low of 1.3242 and off a high of 1.3289. The pair was likely to find support at 1.3242, the session low, and resistance at 1.3412, Friday’s high. Euro region’s services PMI slid to 53.5 from 54.2 ...
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