 Yohay
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The dollar isn’t giving up so easily. This sent some currencies down, while others are stuck in a range. Bernanke’s speech at the beginning of the week was quite confusing, but his mention of the currency markets moved the them. Only the Yen gained against the greenback. Let’s see which currencies did better than others.
The US dollar index made a nice rise this week, moving from 74.82 to 75.66, somewhat stopping the landslide. The comeback of the greenback, that was very strong two weeks ago, was probably more than a short episode:
Read the rest of the forex overview.
The US dollar index made a nice rise this week, moving from 74.82 to 75.66, somewhat stopping the landslide. The comeback of the greenback, that was very strong two weeks ago, was probably more than a short episode:
Read the rest of the forex overview.
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PT Multistation is a new product by PFSoft, a software provider that specializes in software for brokers. PT Mulitstation is a multi-product software that allows the trader to connect to different brokers at the same time, compare and send orders. Their wide programming options make it a good choice for advanced traders. Here’s a review.
PFSoft, a young and innovative software company from Ukraine, has launched PT Multistation recently. Their main product is Pro-Trader, which is a highly customizable trading platform, for forex trading and for other instruments, that can be used by brokers.
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I asked Anton Trakht PFSoft;s marketing...
PFSoft, a young and innovative software company from Ukraine, has launched PT Multistation recently. Their main product is Pro-Trader, which is a highly customizable trading platform, for forex trading and for other instruments, that can be used by brokers.
.
I asked Anton Trakht PFSoft;s marketing...
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Currensee, the social site for forex traders, launches today their Marketplace, where traders can purchase premium forex services in a unique “bucks” system. Here’s a review of the Marketplace, with special offers inside.
Currensee Marketplace. Click to enlarge.
This launch, about a month after Currensee opened its gates to the public, is one of Currensee’s important ways to make money. Currensee’s site is free to use, and has many benefits, including the social indicators. The very few advertisements aren’t enough.
So, the Marketplace is a big step forward to make money. I didn’t think that such...
Currensee Marketplace. Click to enlarge.
This launch, about a month after Currensee opened its gates to the public, is one of Currensee’s important ways to make money. Currensee’s site is free to use, and has many benefits, including the social indicators. The very few advertisements aren’t enough.
So, the Marketplace is a big step forward to make money. I didn’t think that such...
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Currencies continue to trade in narrow ranges. Today, British retail sales and American unemployment claims stand out. Let’s see what’s up for today.
In Australia, Guy Debelle, the RBA Assistant Governor, will be making a public appearance, and might give some more hints about the upcoming rate decision in December. Also note the RBA Monthly Bulletin.
For more on the Aussie, read the AUD/USD forecast.
Swiss Trade Balance is predicted to enjoy a growing surplus. USD/CHF is still above parity.
British Retail Sales are predicted to grow by 0.6% after disappointing and remaining unchanged last month. At the same time, Public Sector Net Borrowing is expected to drop to less than half of last...
In Australia, Guy Debelle, the RBA Assistant Governor, will be making a public appearance, and might give some more hints about the upcoming rate decision in December. Also note the RBA Monthly Bulletin.
For more on the Aussie, read the AUD/USD forecast.
Swiss Trade Balance is predicted to enjoy a growing surplus. USD/CHF is still above parity.
British Retail Sales are predicted to grow by 0.6% after disappointing and remaining unchanged last month. At the same time, Public Sector Net Borrowing is expected to drop to less than half of last...
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This week’s forex trading is quite boring – most currency pairs trade in specific range. While this trade pattern isn’t exciting, it offers opportunities to run up and down the range. Could this range signal that the long-term fall of the dollar is about to change?
EUR/USD, the world’s favorite pair, is trading between 1.48 to 1.5050 in the past two weeks. It goes up, stays in a more narrow range, then goes down to trade in a more narrow range, goes up again and so on.
Other pairs are also trading in similar ranges. AUD/USD traded in a perfect range three months ago. But let’s focus on EUR/USD:
EUR/USD...
EUR/USD, the world’s favorite pair, is trading between 1.48 to 1.5050 in the past two weeks. It goes up, stays in a more narrow range, then goes down to trade in a more narrow range, goes up again and so on.
Other pairs are also trading in similar ranges. AUD/USD traded in a perfect range three months ago. But let’s focus on EUR/USD:
EUR/USD...
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