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Euro May Rise to 3-Week High on Wedge Break

posted by nikko 712 days ago in EUR

The euro may rise to a three-week high against the dollar after it broke out of a so-called descending wedge, according to Forecast Pte in Singapore.

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NZ dollar tops US70c overnight

posted by sophia 712 days ago in NZD made popular 712 days ago

The NZ dollar pushed to its highest level in four weeks against major currencies overnight as investors rediscovered a taste for risk, although the kiwi later fell away as stocks in the United States reversed earlier gains.

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Video: Risk-On Fueled by Euro Output Data Dented by Greece

posted by FXTimes 712 days ago in EUR, Fundamental, Manufacturing made popular 712 days ago

Overnight the risk rally from last week was extended as we had stronger than expected industrial production data from the Euro-zone and quarterly manufacturing report from Japan. The Euro, Pound and commodity currencies rallied against the Dollar

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Aussie dollar higher by noon

posted by Binsonu 724 days ago in AUD made popular 724 days ago

THE Australian dollar was higher at noon as investors continued to move into risk assets on the release of strong domestic trade data.

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Gold prices dip as euro rises slightly

posted by mateo 724 days ago in EUR, Gold made popular 724 days ago

Gold took a pause from its recent run-up Wednesday as the euro strengthened. Investors are pulling money out of gold as the euro bounces off of a four-year low. Investors see gold as a safe alternative to the European common currency, which has b

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Yen Near 2-Week Low on Japan Political Concern, US Recovery

posted by neorix 724 days ago in USD, JPY made popular 724 days ago

The yen traded near the lowest level in more than two weeks as political uncertainty in Japan and signs the U.S. economy is gaining traction tilted demand toward dollar-denominated assets.

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Oil prices slightly higher

posted by vhinz316 724 days ago in USD, Oil

Oil prices ticked slightly higher in choppy trade overnight, lifted by equity gains on Wall Street. Opening slightly on the downside, the New York futures market quickly recovered losses then spent the rest of the session in volatile trade.

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3 Reasons Why Its the Best Way to Trade Forex

posted by nikko 728 days ago in Special

If you want to money in Forex trading, charting or technical analysis is simply the best way to make m

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Euro dip may help

posted by papsmir 728 days ago in EUR, Trade

How low can the euro go? Many economists think the 16-country currency is headed for a significant decline because of Europe's government debt crisis.

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Forex Markets Await Interest Rate News

posted by musu 728 days ago in CAD, AUD, Inflation made popular 728 days ago

The Canadian dollar and Australian dollar will be in the spotlight next week as traders await interest rate decisions from the Australian and Canadian central banks.

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Advantages of Managed Forex Account

posted by alfred 728 days ago in Special, Trading Psychology made popular 728 days ago

Every trader have a dream that he sits and money works for him. This is what a Forex managed account meant for. You just simply deposit your money in the account, let it grow and withdraw it whenever you want. After depositing money you don't hav

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The Importance Of A Professional Forex Course

posted by jirachi 728 days ago in Special, Trading Psychology made popular 728 days ago

Despite of the fact that the majority of Forex traders loose their money, a lot of people join this community and start trading currencies also. Forex has become very accessible and in order to trade you need a computer with internet connection b

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