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Bank of England Keeps Rates on Hold

posted by Avatar JayP 1416 days ago in GBP, Fundamental, Inflation made popular 1416 days ago

The Bank of England kept its main interest rate steady at 5 percent on Thursday, as widely expected, despite rising inflation.  read more
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Euro Gains On Other Majors

posted by Avatar JayP 1416 days ago in EUR, Fundamental, Manufacturing made popular 1416 days ago

The euro moved higher against other majors on Thursday in New York. The European currency moved to weekly-highs against the dollar and sterling and also gained on the yen.  read more
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Dollar Advances Versus Yen Before Bernanke, Paulson Testify

posted by Avatar halfwatertest 1416 days ago in USD made popular 1416 days ago

The dollar advanced against the yen before Federal Reserve Chairman Ben S. Bernanke and Treasury Secretary Henry Paulson testify before Congress on regulation of
markets.  read more
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Is Bernanke Hinting Something About the Fed's Rate Plans?

posted by Avatar MarcB 1418 days ago in USD, Daily, Inflation made popular 1417 days ago

With stocks falling close to a 2 year low yesterday, Fed President Ben Bernanke attempted to stabilize the stock market and the US dollar by saying that they they are considering “extending the duration” of their emergency lending facilities to i  read more
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Paulson: Many foreclosures can't be helped

posted by Avatar warrenbuffet 1418 days ago in USD, Housing made popular 1417 days ago

Treasury secretary says many who bought homes they couldn't afford may lose them; praises industry group for helping some homeowners hang on.  read more
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German Industrial Production Surprisingly Declines in May

posted by Avatar nancypants 1419 days ago in EUR, Manufacturing made popular 1419 days ago

Indicating an economic slowdown in the Eurozone, industrial production in Germany fell unexpectedly in May.  read more
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Canadian Dollar Falls as Price of Oil Decline

posted by Avatar nancypants 1419 days ago in USD, CAD, Oil made popular 1419 days ago

Canada's dollar fell for a third day, its longest losing streak in almost a month, after the price of crude oil dropped.  read more
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Economic Realities Continue to Favor Inflation

posted by Avatar MarcB 1419 days ago in USD, Oil made popular 1419 days ago

Crude oil dropped sharply on Monday and backed away from its record levels. Light sweet crude for August moved to $141.07, down $4.22 on the session. Prices touched as low as $140.33 in electronic trading.  read more
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Dollar Rises on Bets G-8 Will Support Currency

posted by Avatar MarcB 1419 days ago in USD, EUR, GBP made popular 1419 days ago

The dollar rose to the highest level against the euro in more than a week on speculation leaders of the Group of Eight nations will signal support for the U.S. currency at a meeting that starts today.  read more
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Euro-Yen and Pound-Dollar Currency Outlook for the Week

posted by Avatar Forex 1420 days ago in EUR, GBP, Technical made popular 1419 days ago

EURJPY: Daily outlook is still flat with oscillators moving lower as Stochastic crossed; 38.2 Fibonacci support proves strong and bears will continue to try to break below to bring towards 30 June low of 166.
GBPUSD: Daily outlook on the downsid  read more
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How to Develop a Good Money Management in Forex Trading

posted by Avatar Forex 1421 days ago in Trading Psychology

In this article I will show you how to develop a good money management discipline in Forex trading without risking more than 0.5% of your trading capital on a single trade.

Let’s say you intend to use 5,000 dollars as your starting capital to  read more
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Euro Heads for Weekly Loss as Economy May Rule Out Rate Rise

posted by Avatar MarcB 1422 days ago in USD, EUR, Fundamental made popular 1419 days ago

The euro headed for a weekly decline against the dollar on speculation a worsening European economic outlook will rule out future interest-rate increases.  read more