Guest post from visionsofaffluence.com Being able to trade and make a living from your own home has many benefits. You avoid commuting, you can set your own hours , and you can work in your pajamas just to name a few. However there is one great drawback to working from home. A force that threatens to … “You’re Married?… Not When You’re Trading You Aren’t”
Author: admin_mm
Bank of Canada Raises Rate, CAD Reacts Positively
The Canadian dollar rose against all major currencies after the country’s central bank decided to increase the target overnight rate to 3/4 percentage point on its meeting today. The Bank of Canada announced in its statement that the interest rate is increased from 0.50 percent to 0.75 percent today. Although this decision has been expected by the majority of the market analysts, the resulting positive effect for the Canadian dollar was rather strong — … “Bank of Canada Raises Rate, CAD Reacts Positively”
Near-Term Outlook for Decline of U.S. Dollar
The U.S. dollar was rising as the European crisis increased the demand for the safe currencies, but recently began to decline as the focus of the concerns turned to the U.S. themselves. While at the end of this week the greenback rebounded against some other major currencies, the future of the U.S. currency looks uncertain. The dollar will likely weaken in the near future unless some good news from the U.S. prove the strength of the currency. The lower number of the jobless claims may … “Near-Term Outlook for Decline of U.S. Dollar”
Australian and N.Z. Dollars Rise on China’s Growth
The Australian and New Zealand dollars rose significantly against the other major currencies today as the Chinese stock market demonstrated growth on talks that the government may easy the investment regulations. The Aussie and the kiwi both rallied against the U.S. dollar and the Japanese yen today, with the former posting a second bullish day in a row. Analysts expect the Chinese consumer sector to be the major growth-factor for Australia’s largest and New Zealand’s second largest trade … “Australian and N.Z. Dollars Rise on China’s Growth”
Boost Your Profits By Trading With Your Personality
Guest post from www.visionsofaffluence.com Trading to suit your personality There are many reasons why people decide to start trading maybe they view it as a challenge or perhaps they just want to earn extra money on the side. There are plenty of reasons why people trade, but it has been my experience that people get into … “Boost Your Profits By Trading With Your Personality”
Fundamental Overview – Market Movers This Week –
European debt markets recovered somewhat last week after some relatively successful debt auctions. Also, commodity prices eased, with gold closing the week below the psychological $1,200 level, with a predictably negative effect on the Australian and Canadian Dollars. Nevertheless, last week saw investors’ unease about the U.S. economy grow considerably, especially in the wake of dovish … “Fundamental Overview – Market Movers This Week –”
Euro Up on Stress Test Speculations
The euro is growing against the other major currencies today, as the European banks’ stress test speculations provide a better ground for the Forex traders than the sovereign debt risk concerns in some of the Eurozone countries. The currency rose against the U.S. dollar, the pound and the yen after opening with a bearish weekly gap and losing slightly during the early trading session. European officials are stress-testing 91 banks, trying to determine their level … “Euro Up on Stress Test Speculations”
IMF and E.U. Won’t Help Hungarian Forint at Weekly Low
Following the release of the statement by IMF regarding the financial state of the Hungarian economy, the Hungarian forint fell to the lowest level since July 7 against the U.S. dollar and then rebounded slightly. On July 17, the International Monetary Fund released the statement regarding its mission to Hungary, outlining some developments in the Hungary’s budget and economic situations but also complaining that “a range of issues remain open” with the country’s government. Viktor Orban, the current … “IMF and E.U. Won’t Help Hungarian Forint at Weekly Low”
Serious Regulation Will Make Forex More Mainstream
While regulators are maturing with the industry, some of them are still incompetent and traders aren’t always aware of regulation in forex. Better regulation is essential in making forex more mainstream. Part of the blame for the financial crisis was on big financial institutions such as Lehman Brothers and AIG, and the lack of proper … “Serious Regulation Will Make Forex More Mainstream”
Euro Strengthens This Week a Bit
The euro moved up and down this week as the investor sentiment improved after Greece and Spain auctioned their debts, but the gains of the currency were restrained by the concern for the global growth, fueled by the bad economic indicators of the U.S. economy. The euro dropped against the U.S. dollar on Monday, then was rising for the three day, and on Friday slightly fell again. The moves versus the Japanese yen were rather volatile as every day of losses were … “Euro Strengthens This Week a Bit”