Tagged with 'forex'

FOREX-Euro tumbles to 4-year low on debt, growth worries

(Reuters) – The euro slid to a four-year low on Monday on sovereign debt worries and fears that planned belt-tightening measures will hurt euro zone growth, fuelling concerns the single currency may face free-fall. The euro extended its losses after falling below the October 2008 low at $1.2330, where stop-losses from model accounts were said […]

Guide: How to Make Money on Forex

Online forex trading refers to the trading of foreign currencies through the internet. Forex is derived from the terms foreign (for) and exchange (ex). Most of the time, forex is abbreviated into a simplest form FX. The traders can either sell the currency at a higher rate to make profit or exchange it by buying […]

Tips for Choosing The Best Forex Trading Platform

Online forex trading allows you to invest and make money from the comfort of your home. It is more profitable than traditional forex trading. All you need is a computer and internet broadband connection. To begin trading, the investor will register for an account with a researched broker and pay the signup fee. After that, […]

Step by Step Guide For Work with Forex

Forex trading involves the buying and selling of foreign currencies. The price of the currencies is determined by a system called interest point system. The interest point system is also known as the pip system. Every currency has a unique pip value. The traders want to make money so he will try to hold as […]

EU’s Juncker: G7 Happy With Current Forex Levels

(Dow Jones) – Eurogroup chairman Jean-Claude Juncker Saturday said the Group of Seven was generally happy with the current level of world currencies, seeing the rates as broadly in line with economic fundamentals. “The general feeling was that, with some slight exceptions, currencies are now at a level that reflect fundamentals… better than the situation […]

Forex Expert Advisors – Finding the Best Forex Expert Advisors to Help You Win

There are many Forex expert advisors to choose from however there are only a few that will help you make money. Here we will show you how to find a forex advisor that can cut your learning curve and lead you to currency trading success. The problem in finding a good one is – anyone […]

Forex Profit Hunter Review

The Forex Profit hunter is a widely used automated forex trading system. It has been used by many successful forex trader on the market today. And it has been created by a veteran forex trader who uses his own manual to compile and produce a system that can not be compared to other because of […]

Brazil Central Bank To Sell $4B In Forex Swaps Thursday

(Dow Jones)–The Brazilian Central Bank said it would offer $4 billion worth of foreign-exchange swap contracts at an auction scheduled for Thursday. The bank will offer 80,000 contracts at the auction scheduled to take place between 1430 GMT and 1500 GMT (10:30 and 11 a.m. EDT). The contracts will carry two maturities: June 1 and […]

Dollar In Partial Recovery From Post-FOMC Rout

(Dow Jones) – The dollar managed Friday to retrace some of its recent sharp losses in a partial recovery from one of its worst weeks in several decades. The U.S. currency had been battered severely by the Federal Reserve’s announcement Wednesday of its new plan to revive the economy. Fears that a monetizing of U.S. […]

Forex and Dow Jones recommended levels

1.2540 and 1.2517(main), where correction is possible. Break would give 1.2508, where correction also may be. Then follows 1.2476. Break of the latter would result in 1.2443. If a strong impulse, we would see 1.2420. Continuation will give 1.2402. Today”s resistance: -1.2586 and 1.2611(main). Break would give 1.2660, where a correction is possible. Then goes […]

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