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USD Retraces Some Losses on Friday

The U.S. dollar has retraced some of its losses on Friday after the House of Representatives passed legislation to tax away bonuses paid to AIG, along with comments from U.S. Treasury Secretary Tim Geithner taking responsibility for the AIG bonuses.As expected, the U.S. House of Representatives passed a motion to impose a 90% surtax on bonuses paid from firms that received government aid. A similar bill is being discussed in the Senate.Meanwhile, U.S. Treasury Secretary Geithner admitted

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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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Fxcm Lowers Minimum Initial Deposit For Mt4 Accounts

Effective immediately, the initial deposit for Meta Trader 4 accounts through FXCM has been lowered to $2,000. New York―February 18, 2009―After numerous requests from the forex community, FXCM has lowered the initial deposit for MT4 accounts from $5,000 to $2,000. Clients who trade with FXCM enjoy: • No Dealing Desk Exec

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Fxcm Lowers Minimum Initial Deposit For Mt4 Accounts

Effective immediately, the initial deposit for Meta Trader 4 accounts through FXCM has been lowered to $2,000. New York―February 18, 2009―After numerous requests from the forex community, FXCM has lowered the initial deposit for MT4 accounts from $5,000 to $2,000. Clients who trade with FXCM enjoy: • No Dealing Desk Execution* • Low Spreads • Great Execution Even During News Events • 24/7 Customer Support • Proprietary Trading Signals and Ideas From DailyFX.com FXCM’s decision to lower its initial

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Forex: EUR/USD: The Euro bounces up and approaches 1.3350 intra-day high

FXstreet.com (Barcelona) ? The Euro has declined during European session to a minimum level at 1.3210 to bounce and rally almost 120 pips on early U.S. session to reach levels close to 1.3350 intra-day high. On a longer point of view, Mohammed Isah observes the Euro struggling with the downward trending channel-top: ?Although tests of higher prices above the pair?s declining channel have been occurring, its inability to maintain those gains has kept its declining channel top() as

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