Libyan ruler Muammar al-Gaddafi might soon flee from his country. Events are moving fast in Libya – the opposition rebels are taking over more and more cities close to Tripoli, a new government has been formed and recognized, and Gaddafi’s family might be left with only one friend: Robert Mugabe of Zimbabwe, that allegedly sent mercenaries to … “Gaddafi to Zimbabwe? Libyan Opposition Closes on Tripoli”
Category: Forex Bits
Saudi Protests Threaten Oil Prices
Demonstrations began spreading to Saudi Arabia: In Jeddah, youngsters took the streets and demanded reform. The Youth for Change movement is inspired from the young people in Egypt, which are nearby. On the other side of the huge oil producing country, another type of uprising began: Shiites, a minority in Sunni Saudi Arabia, have shown their solidarity … “Saudi Protests Threaten Oil Prices”
Automated Mirror Trading Launched by Signal Trader
Signal Trader, from the founders of ForexPros, launched automated mirror trading Signal Trader partnered with FXCM, Gain Capital and Ava FX for enabling automatic trading. This is another tools for copying trades of other traders, similar to what Currensee does. Similar to Currensee, the accounts that can be followed are real live account. Different than … “Automated Mirror Trading Launched by Signal Trader”
Rumor: Mubarak Death Imminent
There are more reports that ex-Egyptian president Hosni Mubarak is very sick and that his death is imminent. Reportedly, Mubarak refused to accept medical treatment, fell into a coma and will die at Sharm el-Sheikh. Initial rumors about his coma were heard a few days ago, but now these reports are heard from various sources. … “Rumor: Mubarak Death Imminent”
Mubarak Steps Down!
Update: Mubarak has gone! Egyptian state TV reported that Mubarak has left. This was a short message. The crowd at Tahrir is cheering. President Hosni Mubarak has decided to waive the office of the republic – says Vice President Omar Suleiman – Army in charge of Egypt There are growing talks in Egypt that president Hosni Mubarak … “Mubarak Steps Down!”
IBFX Has 99.9% Execution Rate
Interbank FX had an outstanding execution rate of 99.9% during the month of January 2011. Michael Greenberg reports about these figures, and emphasizes that this refers to all deals sent by clients. While the overall rejection rate is 0.1%, trades of bigger sizes, between 5 to 50 lots, had a rejection rate of 0.3%. The … “IBFX Has 99.9% Execution Rate”
Egypt Strikes Widen – End of Mubarak Regime Closer
Workers in various Egyptian cities are on strike. When industry, newspapers and labor at the Suez canal come to a halt, Egyptian military strongmen might indeed find only one way to restore order – overthrow Hosni Mubarak and listen to the masses. The reports about strikes and protests of workers are intensifying: Railway technicians in … “Egypt Strikes Widen – End of Mubarak Regime Closer”
Soha al-Naqqash Also Quits Egyptian Nile TV
Following the resignation of Sharira Amin, also Nile TV presentor Soha al-Naqqash quit the state run Nile TV. She refused to continue doing “unprofessional” work and broadcasting propaganda about the protests in Egypt. More and more workers of the government lose their fear from the regime. Is Mubarak on his way out? Demonstrations are getting … “Soha al-Naqqash Also Quits Egyptian Nile TV”
British Trade Deficit Widens Significantly
The trade balance in Britain has significantly risen in January – 9.2 billion pounds. This is higher than last month’s 8.7 billion and early expectations that stood on 8.6 billion. The impact on the British pound seems very limited at the moment – GBP/USD is almost unchanged at around 1.6080. Previous releases had a stronger … “British Trade Deficit Widens Significantly”
Ahmad Shafiq Office Under Siege in Cairo
The office of the Egyptian prime minister Ahmad Shafiq is under siege by protesters, demanding a regime change in Egypt. Shaifq holds this position only for a around 10 days, after president Hosni Mubarak sacked the previous government. While the international media is already tired of reporting the demonstrations in Cairo’s Tahrir square, today saw … “Ahmad Shafiq Office Under Siege in Cairo”