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Tuesday, 30 April 2013
Sunday, 28 April 2013
Government formed in Italy – EUR/USD could gap higher
Italy will probably have a new government on Monday, April 29th, more than two months after the elections. Enrico Letta will lead a government which will also include people from Berlusconi’s party, as well as non politicians.
This news will probably boost the euro in the new...
Forex - EUR/USD weekly outlook: April 29 - May 3
The euro edged higher against the dollar on Friday after weaker-than-expected data on U.S. first quarter growth, but gains were capped amid concerns over a possible rate cut by the European Central Bank.
EUR/USD rose to a session high of 1.3048, before settling at 1.3028,...
Saturday, 27 April 2013
6 Huge Forex Trading Mistakes & How To Fix Them
Being in the position that I am in of helping and mentoring other traders, I have pretty much seen everything at this point. You might be surprised to know that are many traders who stumble through the same types of frustrating trading scenarios you have probably found yourself...
Friday, 26 April 2013
U.S. futures lower ahead of GDP report; Dow Jones down 0.31%
U.S. stock futures pointed to a lower open on Friday, as investors awaited the release of a highly anticipated preliminary report on first quarter U.S. economic growth, later in the day.
Ahead of the open, the Dow Jones Industrial Average futures pointed to a 0.31% loss,...
German Central Bank Isn’t Backing Crisis Backstop – EUR/USD in Danger
The German central bank, the Bundesbank, is reportedly rejecting the OMT program of the ECB. According to the German paper Handelsblatt, the Bundesbank, a member of the ECB, says that the Constitutional Court should reject the OMT.
The mere existence of the OMT, a program...
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