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Euro Unable to Hold Gains Despite Concerns Over U.S. Bank Nationalization

The euro has given up most of its gains after a strong start to the week in the Asian trading session.The euro gained almost two full cents in overnight moves as concerns that the U.S. government could raise its stake in Citigroup, according to currency strategists. However the single currency was unable to break through the 1.30 barrier and is now trading at 1.2797 USD.Boris Schlossberg, director of currency research at GFT, said the fear of nationalization

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Forex (foreign exchange) Currency trading

Forex trading (foreign exchange), Currency trading, Daily forex major currency technical analysis

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Risk Aversion Boosts Japanese Yen

The Japanese yen was the only currency that managed to rally against the U.S. dollar on Thursday as negative sentiment caused U.S. equity markets to fall lower.USD/JPY's climb to 100.00 JPY was halted at 99.68. The cross has been on a sharp decline since the start of the North American trading session, and remains under significant pressure, trading at around 98.00.According to currency strategists, news that the Chinese government didn't announce any new stimulus spending caused the

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Support, Resistance And Range Forecast By Acetrader

-------------------------------------------USD/JPYUpdate Time: 07 Apr 2009 05:28 GMTRange Forecast100.30 / 100.65Resistance/SupportR: 101.11/101.45/101.67S: 100.22/ 99.90 / 99.54--------------------------------------------EUR/USDUpdate Time: 07 Apr 2009 07:38 GMTRange Forecast1.3360 / 1.3400Resistance/SupportR: 1.3389/1.3427/1.3464S: 1.3321/1.3287/

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October 9th - Ecb Monthly Report, Trade Balance, Initial Jobless Claims, Boj Minutes

The volatility is growing, trading is more and more risky. But we can make money if we are cautious.Today in the economic calendar:Today: G7 Meeting. The G7 meeting is the meeting of the finance ministers from the group of seven industrialized nations that are the United States, Japan, Germany, France, United Kingdom, Italy and Canada. The meeting

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What Time Does Your New Day Begin On Volatility Chart?

QUOTE On your volatility chart - Forex - What time does your new day begin? 5pm Eastern NY - Midnight, NY ???The daily volatility is calculated for the time zone GMT+02. The prices come from Netdania which is a Danish company. We have the time zone from Denmark.

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Free $50 To Open Fxcm Micro Forex Trading Account

FXCM Micro, the discount brokerage division of FXCM, announced today that it will be offering forex traders who currently trade with a different forex firm free $50 accounts to try FXCM Micro.This new service provides traders with super-low spreads, automated execution, and 1K lot sizes. FXCM is confident that traders will want to continue tra

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Forex Trading Euro/Dollar : Les grandes tendances Forex

Les grandes tendances Forex : le dollar plombé par lahausse du prix du pétrole.Les cambistes ont assisté hier à une forte dépréciation du dollar face àl'euro, puisque la parité EURUSD a gagné

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