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Dollar may gain if key risk barometers do not improve
The US dollar finished the week considerably higher against all counterparts except the euro and Japanese yen, fuelled by a decline in the S&P 500 and broader financial market risk aversion.
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Oil prices slide by more than a dollar
World oil prices shed more than a dollar on Thursday, with sentiment rattled by investor concerns about the eurozone debt and deficit crisis, and a strong US currency, analysts said.New York’s main contract, light sweet crude for delivery in June
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Bank of England MPC voted 9-0 to hold rates at 0.5%
All nine members of the Bank of England Monetary Policy Committee (MPC) voted to keep interest rates at 0.5% and maintain quantitative easing at £200bn, minutes from the meeting held last week show.
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Euro fall for tumbling crude prices
The European debt crisis, which has triggered an 18 per cent plunge in oil prices since May 3, is "very concerning" for the world economy, Qatar's energy minister said.
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Euro doubts send dollar higher versus euro
Concerns that a trillion-dollar aid package to help the eurozone may only provide short-term relief and may even hurt European growth prospects sent the dollar mostly higher on Tuesday.
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Oil retreats further on higher inventory, dollar
Oil prices slipped further yesterday as continuous increase in crude stockpiles and a strengthening dollar pressured on the energy commodities.
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Forex Trading – GBP/USD
Yesterday, in the first trading hours, the British pound was in range 1.4910-1.4970 USD. During the European session, it raised its value to 1.5035 USD. This morning the currency pair is trading at 1.4825-1.4855.
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AUD edges up on strong jobs surprise
The Australian dollar nudged higher on Thursday after data showed the domestic economy added 33,700 jobs in April, handily beating forecasts for a 20,000 rise.
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Oil dips below $76 in Asian trade
Global oil prices dropped below $76 a barrel in Asian trade Wednesday mainly on declining market enthusiasm over a huge Eurozone rescue package.
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Tips For Good Forex Trading
Do you want a very good career that has a potential to make you earn a lot of money? Do you want to enter a particular financial market but don’t know which one to choose?
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Report forecasts more rate rises
Australia would likely skirt a renewed slowdown in the global economy should problems in Europe spill over to the rest of the world, but that means interest rates will continue to climb.
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Can You Use Stochastics for Forex Trading?
There are such a lot of signals available in technical charting that it is sometimes tricky to know which to use. Some traders write off certain signals such as the stochastics for day trading, simply because it is known as a lagging indicator an


