Signal Trader, which provides mirror trading (similar to Currensee) , doen’t rest after the launch. After partnering with FXCM, Gain Capital and AVA, they’ve added another local, Israeli partner: Markets.com. This is a significant expansion to their network. For more details, here’s the full press release: SignalTrader.com, the advanced solution for automated trading and live … “Markets.com as a new brokerage partner for Signal Trader”
Category: Forex Bits
Canadian Building Permits Fall – USD/CAD Stuck
Canada’s building permits dropped by 5.1%. This is a significant disappointment, as expectations stood on a rise of 1.3%. The fall was only very marginally cushioned by a revised rise of 2.6% last month, slightly higher than a rise of 2.4% that was initially reported. The building permits figure is very volatile in Canada. Nevertheless, … “Canadian Building Permits Fall – USD/CAD Stuck”
Gaddafi to Quit and Leave Libya?
While Libya’s civil war is still raging indecisively, perhaps Colonel Muammar Gaddafi already sees the end. According to A-sharq-el-awsat, a newspaper published in London, the Libyan ruler is ready to quit and leave the country. The paper says that Gaddafi is ready to resign and pass over control to the rebels, if he is guaranteed a … “Gaddafi to Quit and Leave Libya?”
Ras Lanuf Battles Boost Oil Prices
The civil war in Libya is still far from over. Ras Lanuf, a coastal town between the big cities of Tripoli and Benghazi is one of the focal points of fighting at the moment. This port town sends a significant amount of Libya’s oil to the world. Currently the rebels are still in control of … “Ras Lanuf Battles Boost Oil Prices”
Double Dip Recession in the UK? The King Warns
Mervyn King, governor of the BoE warned that Britain may face another financial crisis. King expressed his concerns over the banking system. He gave a rather rare interview to the Telegraph. Here are some quotes: “We’ve not yet solved the ‘too big to fail’ or, as I prefer to call it, the ‘too important to … “Double Dip Recession in the UK? The King Warns”
Saudi Day of Rage Pushes Oil Prices Higher
This Friday is expected to see a fresh wave of protests in Saudi Arabia. A “day of rage” is planned in the Al-Ihsaa province an area which is rich in oil and also populated by the Shiite minority. Also in Al-Hufuf, close to Bahrain, demonstrations against the Saudi monarchy are expected. These aren’t the first … “Saudi Day of Rage Pushes Oil Prices Higher”
DragonOptions – A new Binary Options White Label From
After selling one of their white labels a few weeks ago, SpotOption continues to create more – DragonOptions enters the Russian market as the latest company from SpotOptions. The binary options market is growing quite fast. For more details, here’s the official press release. SPOTOPTION EXPANDS PORTFOLIO WITH NEW WHITE LABEL, DRAGONOPTIONS Leading Binary Options … “DragonOptions – A new Binary Options White Label From”
Canadian GDP Surprises – USD/CAD Falls
Canadian GDP for the month of December rose by 0.5%, higher than 0.3% that was expected. This sets a nice close for Q4 2010 and for the whole year. The Canadian dollar drops below 0.9750 after this news. Canada’s current account showed a deficit of 11 billion, higher than 9.4 that was predicted, but lower … “Canadian GDP Surprises – USD/CAD Falls”
Top Forex Traders on Twitter
BabyPips ranked the top forex traders on Twitter. In the list of 11 FX traders for 2011, my friend and colleague Casey Stubbs came in second. I’m certain he deserves to be No. 1. Casey is very active and very helpful on Twitter as he is on his own site. The big advantage in Twitter … “Top Forex Traders on Twitter”
China GDP Growth Target Lowered to 7%
In another effort to cool down the economy, the Chinese prime minister Wen Jiabao has lowered the growth target for 2011 to 7%. Jiabao was speaking in an online chat on Saturday. He said that: The 7 percent target would be part of the 2011-2015 five-year plan to be approved by the national legislature next … “China GDP Growth Target Lowered to 7%”