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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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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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Ufx Bank Launches Revolutionary Online Forex Trading Platform
UFX Bank Launches Revolutionary Online Forex Trading Platform Powered by ParagonEx and Offers Forex Traders up to $2,000 in Sign Up Bonuses To Test Drive The New Trading Software.Nicosia, Cyprus January 12th 2009. In an effort to attract new customers and to demonstrate that the online trading platform, powered by ParagonEx, offers a highly co
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Fxcm France Now Open
New York, February 17, 2009―FXCM Holdings LLC (http://www.fxcm.com) announced today the opening of FXCM France, (http://www.fxcm.fr/) a branch office of FXCM UK (http://www.fxcm.co.uk/). FXCM is expanding its global reach and commitment to foreign markets. Now regulated in six international jurisdictions with six offices around the world, more than 125,000 live accounts are traded on FXCM trading platforms. As of January 2009, an average of $500 billion in notional volume is traded each month on FXCM trading platforms. The
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