Forex Day Trading News and Information on Forex Systems

Archives for January, 2010

4Q09 GDP expanded +5.7% qoq (annualized) , compared with market expectation of +4.7%, from +2.25 in the previous quarter. The growth was the strongest since 3Q03 and was mainly driven by inventories which contributed 3.4% to the headline gain. It’s a good news that inventory declined at a significantly lower…
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The Canadian dollar did not manage to revert its losing trend today as equities and commodities continued to decline globally, fueling emerging concerns that Canada’s economic recovery will suffer from a slower-than-expected recovery in most of its main trading partners.(…)Read the rest of Canadian Dollar Remains Bearish on Stocks Performance (134 words) Posted on Forex News.
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No change in EUR/USD’s outlook. Intraday bias remains neutral as recovery from 1.4028 continues. Further rise to 4 hours 55 EMA (now at 1.4253) cannot be ruled out but after all, upside is expected to be limited below 1.4334 resistance and bring fall resumption. Below 1.4028 will indicate that whole…
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Risk aversion was in the driving seat last week as investors rushed out from stocks and commodities on a couple of concerns. US stocks were shot down by President Obama’s bank proposal to limit risk taking by banks and doubt on Bernanke’s future as Fed chairman in the second term….
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The yen outperformed most of the 16 main traded currencies after the U.S. President affirmed that financial institutions must have their operations regulated in order to avoid speculations, raising risk aversion in all trading markets in the world.(…)Read the rest of Yen Best Performer on Trading Restrictions (156 words) Posted on Forex News.
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The British currency had a favorable performance today versus multiple key-currencies today, beating the euro and the Swiss franc as the country starts to show more evident signs of recovery, attracting investors back to the U.K.(…)Read the rest of Pound Advances Further Versus Euro on Inflation (72 words) Posted on Forex News.
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This Friday’s shift in market sentiment allowed the U.S. dollar to post a weekly advance versus most of the main higher-yielding currencies, as risk aversion rose globally and traders opted by the relative safety provided by dollar-priced assets.(…)Read the rest of Dollar Profits From Global Economic Pessimism (157 words) Posted on Forex News.
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The Australian dollar was one
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of the most affected currencies today as speculations that Chinese lending requirements will slow down the global economic recovery impacted traders’ sentiment, declining appetite for high-yielding currencies.(…)Read the rest of Australian Dollar Down on Chinese Risk Aversion (75 words) Posted on Forex News.
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ForexAutopilotSystem.org – BEST FOREX Day Trading Options For the Highest Return Investments If you are day trading and looking for the highest return investments one often overlooked alternative is the binary options trade. In its simplest form the binary option pays out typically at least sixty percent return on investment. Given the holding period on these trades is less than an hour the equivalent annual yield on such a trade is not even calculable. There are risks associated with these … Go to Source
Foreign Exchange Market may be a market where traders get and sell currencies with the hope of making a profit when the values of the currencies change in their favor. Individuals are making vast amounts of cash from Forex trading. The Forex Market incorporates a big potential for everyone, ranging from giant corporate companies to normal, everyday folks like you and me. It is a terribly exciting trade with an enormous money-making potential. Simply imagine yourself sitting comfortably in your pajamas at your computer… you turn on the net and make some fast transactions and by the time that you just arise to urge a cup of low, you are several hundred bucks made! Would you wish that? I would!! ...