admin

USD/CAD Strengthens on Back of High Oil Prices, Possible New ECB Measures

The US dollar weakened against the Canadian dollar during August 28 (Tuesday) trading, on the back of forex news that the European Central Bank would soon implement new measures to tackle the Eurozone debt crisis. The USD/CAD currency pair hit 0.9852 during early trading, its lowest point since August 21, before consolidating at 0.9855. Analysts

USD/CAD Strengthens on Back of High Oil Prices, Possible New ECB Measures Read More »

Forex Signal – Understanding Signals in Currency Trading

One of the most important thing traders need to understand is a Forex signal. These are basically patterns or situations that alert traders to the specific trajectory of the market. By knowing exactly what would happen next, Forex traders will be able to position themselves to benefit from any profitable transaction that might happen to

Forex Signal – Understanding Signals in Currency Trading Read More »