The euro weakened against the dollar on the back of worrisome forex news regarding the Spanish debt situation that counteracted bullish news of a third round of Fed quantitative easing. The EUR/USD fell from 1.3084 to 1.3121 in US trading, while analysts said the currency pair would reach its resistance level at 1.3241 and its […]
EUR/USD Weakens on Spanish Debt Concerns, Manufacturing Sector Outlook Read More »
All forex traders who wish to succeed from this high-risk business should make use of all facilities that are within their reach in order to succeed in getting their target or quota at the end of each trading day. In their continuous quest towards succeeding, the foreign exchange trader, especially those who are just beginning
Usual Benefits Derived From Forex Calendars Read More »
What exactly is the forex calendar? This calendar is also referred to as the economic calendar contains all the dates to remember and the announcements that concern political or economic future that can possibly impact the market. Any good trader should know how to use this irreplaceable tool for trading especially due to the fact
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The value of a forex calendar is that it alerts traders not only to big events that have a significant impact on a particular currency, such as the announcement by the German Constitutional Court of its ruling on the constitutionality of the European Stability Mechanism (ESM) under German law, but also the regularly released data
Important Indicators for the Euro Forex Calendar Read More »
It cannot be denied that many of those intrigued by the currency market have one question in mind: is forex trading profitable? After all, there is an abundance of conflicting perspectives regarding the moneymaking potential of forex trading. To explain further, there are individuals who believe that trading currencies is among the fastest means to
The Truth About the Currency Market Read More »
Without a doubt, only a few novices in currency trading are enthusiastic enough to gather information about forex charts. After all, just one look at such “graphical guides” would be more than sufficient to realize that engaging in a quest for knowledge would be most difficult. It should be pointed out however, that by hesitating
The Sheer Significance of Graphical Guides Read More »
If you are trading the GBP/USD currency pair, referring to a forex calendar will alert you to economic developments that could have an impact on the currency and indicate conditions that could be favorable for a profitable trade. Here are five of the most significant economic events that you have to watch out for on
Five Events That Impact the UK Pound's Forex Calendar Read More »
A currency converter is a highly valuable tool when it comes to Forex trading. It operates on a fairly simple concept and can be easily understood even by those who are new to the Foreign Exchange market. Basically, a currency converter, also known as a currency calculator makes it possible to convert one denomination from
Types of Currency Converters Available Read More »
When you look at the screens of forex trading systems, it is easy to get intimidated with the loads of figures and charts in screens that are displayed side to side to show different price scenarios. Even more intimidating is the prospect of having to compute for so many values to determine trade sizes, margin
Currency Calculator: Convenient Number Crunching in Forex Trading Read More »
Making profits in the foreign exchange program depends on the forex trader’s trading strategy and his ability to manage his trading results. Successful trading in the forex market is only possible when the forex trader is able to do everything that is required, with the resources provided by the best forex brokers around. Searching for
The Best Forex Brokers and the Best Trading Profit Potential Read More »
