US based broker FXCM will host a webinar featuring presentations for institutional investors and analysts on October 2nd. All the details are here. FXCM Inc. to Host Analyst Day on October 2; Listen to Live Webcast New York, September 28, 2012—FXCM Inc. (NYSE: FXCM) will webcast presentations given by FXCM Inc. management to analysts and … “FXCM Will Host an “Analyst Day” on October 2nd”
Month: September 2012
Canadian Dollar Loses Ground against the US Dollar
After firming a bit earlier on the Forex market, Canadian dollar is now falling back. With excitement over Spain fading, and with the boost from better economic data disappearing, the loonie is struggling against the US dollar. Earlier, good news about Canada’s economy helped boost the loonie in Forex trading. The latest day showed that the Canadian economy grew 0.2 per cent between June and July. The increase … “Canadian Dollar Loses Ground against the US Dollar”
Japanese Yen Mostly Lower Today
Japanese yen is mostly lower today, dropping as Forex traders look for direction in general for the markets. There is just enough risk appetite to reduce demand for the yen, but enough uncertainty that there haven’t been any major moves today. Right now, though, there is a great deal of focus on the bank bailout of Japanese electronics companies. Banks in Japan are issuing $6 billion in new loans to Sharp … “Japanese Yen Mostly Lower Today”
FXCM Partners with Barclays Stockbrokers for Retail Forex Offering
US based Forex Broker FXCM and Barclays Stockbrokers partner to offer FXCM’s platform to clients of Barclays. The new venture is called Barclays Margin FX and is launched in the UK. It was recently announced that FXCM will sponsor the Forex Magnates summit in London. For more details about this joint venture, here is the … “FXCM Partners with Barclays Stockbrokers for Retail Forex Offering”
FXstreet.com News Now Available on MetaTrader Platforms
The popular trading platforms MetaTrader 4 and MetaTrader 5 will now feature news from FXStreet, one of the largest forex portals. The news services provided by FXStreet has won a good reputation and can now be utilized by forex traders. Here is more on the announcement by FXStreet and MetaQuotes: Barcelona, September 26th , 2012 – … “FXstreet.com News Now Available on MetaTrader Platforms”
Euro Slips against Dollar in Forex Trading
Euro has changed direction and is heading lower today against the US dollar. Earlier, the 17-nation currency had the upper hand, but optimism is fading and the euro is slipping. The latest economic indications for the eurozone aren’t particularly encouraging, and that is starting to weigh on the euro, especially against the US dollar. Business confidence in the eurozone dropped to a three-year low, and unemployment continues to rise in Germany, eurozone’s biggest economy. The news is … “Euro Slips against Dollar in Forex Trading”
US Dollar Pulls Back on Renewed Risk Appetite
US dollar is pulling back today, heading lower as risk appetite makes an appearance in the markets. Even though anti-austerity protests continue throughout Europe, and even though uncertainty remains in the markets, a bit of risk is becoming apparent, and that is weighing on the greenback. There is hope for Spain’s new 2013 budget, due to be presented today. As a result, the euro has the upper hand, and the US dollar is heading lower. … “US Dollar Pulls Back on Renewed Risk Appetite”
USD/CAD: Trading the Canadian GDP Sep 2012
The Gross Domestic Product (GDP) is a measurement of the production and growth of the economy. Analysts consider GDP one the most important indicators of economic activity and the direction of the Canadian economy. A reading which is better than the market forecast is bullish for the Canadian dollar. Here are all the details, and … “USD/CAD: Trading the Canadian GDP Sep 2012”
Europe Is Not Ready for a Grexit
Despite the statements of a “manageable” Grexit, Europe is not really ready for such a move and this could be painful for the euro, before and after the move, says John Kicklighter of DailyFX. In the interview below, Kicklighter discusses the situation in Europe, the potential disappointment regarding more stimulus from the Fed, the relative … “Europe Is Not Ready for a Grexit”
Canadian Dollar is Down as Negative Sentiment Grows
Canadian dollar is heading lower today, dropping as negative sentiment grows throughout the markets. The main concern is what is happening in the eurozone. There are worries about when Spain will ask for aid, and how long the government will hold off as Spanish citizens protest against austerity measures. Right now, there is a general feeling of risk aversion in the markets, and that means that the Canadian dollar is … “Canadian Dollar is Down as Negative Sentiment Grows”