Currency Trading is a skill that develops overtime as individuals learn to assess and make decisions based on the different information presented to them. Note however that the market changes from time to time and are why the best traders make sure that they are always on top of the latest developments. The good news […]
6 Currency Trading Tips and Tricks Read More »
People who want to learn how to trade forex nowadays are in luck because of the availability and accessibility of information through online sources. Getting educated on the basics of forex trading is made easier with hands-on practical applications that simulate actual forex trading scenarios. With such tools available, people are able to sample forex
How to Trade Forex – 4 Tools of the Trade for Every Newbie Read More »
This morning base metals are trading down by 0.03 to 0.71 percent at LME electronic platform while the Asian equities are also trading on a weaker note. Riskier assets including base metals are mostly down on caution ahead of a meeting later in the session by the European Central Bank, which is expected to cut
Gold and Silver Wait on Central Banks Read More »
Yesterday, on US Independence Day with US markets closed the, EUR/GBP trading developed in thin market conditions. The price action was mostly driven by technical considerations. The final services PMI in the EMU was less negative than expected. The UK services PMI dropped to a lower than expected 51.8, but stayed above the 50 boom
Sterling and Central Bank Decisions Read More »
JPMorgan Chase & Co. the largest underwriter of corporate bonds worldwide, jumped eight spots to number two in Asia as Li Ka-shing’s Hutchison Whampoa Ltd. (13) picked the bank to manage its return to the market. European stocks fell from a two-month high and metals declined after Germany’s services industries unexpectedly shrank last month. The
FXCC Market Review July 05 2012 Read More »
Yesterday, trading in the EUR/GBP cross rate was confined to a tight sideways trading range around the 0.8020 pivot. Monday’s correction of the euro had halted, but there was no appetite/news to send the single currency higher. The UK data neither provided any clear guidance. Contrary to the manufacturing measure on Monday, the construction PMI
The EUR/GBP prepares for the Battle of the Central Banks Read More »
With US markets closed today for the Independence Day holiday, trading is expected to be light during the European session and then quiet the rest of the day. There is little in the way of eco data from around the globe. Commodity markets closed higher for the second time in 3-days, with oil prices leading
Gold – Silver – Crude Oil and Gas on the Holiday Read More »
Markets are trading fairly flat with Wall Street closed for the US holiday and the height of vacation season in the US and European participants tentative after the huge moves on Friday. EURUSD has crept back to the 1.25-1.26 range that it inhabited during the week leading into the EU summit. The Canadian dollar is
FXCC Market Review July 4 2012 Read More »
On Tuesday morning base metals are trading up by 0.2 to 1.2 percent at LME electronic platform. Asian equities are also trading up by 0.4 to 1.6 percent as early morning the Chinese non-manufacturing PMI increased more than expectation supporting gains in riskier assets coupled with gains in western markets. As expected, the Euro-Summit after
Metals and Markets in the Morning Read More »
The US markets ended mixed after witnessing a lack of direction over the course of the trading day on Monday. The choppy trading on Wall Street came as traders expressed uncertainty about the near term outlook for the markets following last Friday’s rally. Light trading activity ahead of the Independence Day holiday also contributed to
FXCC Market Review July 3 2012 Read More »
