Nowadays, investors can choose from a variety of investment types, such as Forex, Binary Options, Stocks, CFDs, Futures and many others. Although there are some similarities between them, they are all different. In this article, we will look at the main differences between these 5 types of investments, and why investors choose to trade one … “Types of Investments Explained: Forex, Binary Options, Stocks, CFDs,”
Month: August 2013
Forex Time wins “Best Newcomer” award by World Finance
Forex broker Forex Time won the “Best Newcomer 2013” award by World Finance. The company began operating earlier this year. FXTM recently introduced an Over-the-Weekend Forex Account. For more details about the award, here is the official press release: Following the launch of Forex Time Ltd (FXTM) in early 2013, the forex broker has just been … “Forex Time wins “Best Newcomer” award by World Finance”
USDCHF Could Be Forming A Turning Point – Elliott Wave
USDCHF hit a new low in this week, but it is now again reversing from this low. This could be the start of some larger and important turning point. Notice that we are tracking a corrective decline from 0.9750 which is actually part of a much bigger contra-trend move on a daily chart where we … “USDCHF Could Be Forming A Turning Point – Elliott Wave”
GBP/USD: Trading the British Second GDP Aug 2013
British Preliminary Gross Domestic Product (GDP) is a key release and is published each quarter. GDP measures production and growth of the economy, and is considered by analysts as one the most important indicators of economic activity. A reading which is better than the market forecast is bullish for the pound. Here are all the … “GBP/USD: Trading the British Second GDP Aug 2013”
Loonie Weaker After Fed Minutes, Weakest vs. Euro Since 2011
The Canadian dollar fell yesterday and retained losses today, reaching the lowest level in more than a month against its US counterpart, as signs of stimulus tampering by the Federal Reserve resulted in decline of commodities, which in turn led to drop of commodity currencies. The currency managed to bounce versus the Japanese yen. The minutes of the Federal Reserve policy meeting were the major event this week and traders were waiting for the impatiently. Most currencies related to growth … “Loonie Weaker After Fed Minutes, Weakest vs. Euro Since 2011”
US Dollar After Fed Minutes: Broadly Stronger
The US dollar climbed today against other currencies as the Federal Reserve signaled that it is planning to reduce the pace of its asset purchases this year. The central bank did not give specific timing for such move, but this did not bother dollar bulls. The Federal Open Market Committee released the minutes of its July meeting today. Did the minutes say anything new? Not really. Did … “US Dollar After Fed Minutes: Broadly Stronger”
US Dollar Gets Boost Ahead of Fed Minutes
US dollar is getting a boost today, thanks to expectations associated with the upcoming release of the minutes from the last Federal Reserve meeting. Thanks to the latest economic data, some feel that the Fed minutes will show discussion about tapering the asset purchase program. Some think that the minutes will indicate that tapering will come sooner rather than later. The Federal Reserve‘s asset purchase program is … “US Dollar Gets Boost Ahead of Fed Minutes”
Ruble Suffers from Nervousness on FX Market
The Russian ruble was yet another looser today as traders are afraid that the US central bank will tamper its asset purchase program at its September meeting. Such fears made them unwilling to buy risky currencies. The Federal Open Market Committee will release the minutes of its July meeting today. Nervousness on markets hurt assets that are considered to be risky, including crude oil. Brent … “Ruble Suffers from Nervousness on FX Market”
Is gold back?
An abatement in the wave of speculative selling pressure is allowing strong demand for physical gold from Asian buyers to assert its influence over the price and there is a growing case to be positive over the prospects of the yellow metal. However, a number of factors have hurt gold in recent months not least … “Is gold back?”
UK Pound Heads Higher on Improving Economic News
UK pound is heading higher today, gaining against its major counterparts as economic news improves. Sterling bulls are looking for excuses to help the pound, and there is enthusiasm surrounding even second-tier releases right now. Yesterday, the pound struggled against the euro, but now some are beginning to think that might have been profit taking ahead of positions to favor the sterling. Pound is higher against … “UK Pound Heads Higher on Improving Economic News”