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Sunday, 17 February 2013
Forex: EUR/USD faces worsening technicals/fundametals
The G20 meeting turned out to be, as one would expect, uneventful on its false sense of being regarded as a potential currency shaker. The delivery of generalized statements prevailed as opposed to any aggressive rhetoric, mainly due to the diversity of self-interest...
THE DAY TRADING RISKS
For traders who enjoy the excitement of the roller coaster ride then day trading can be both exciting and profitable but it is not something for the novice forex trader and should only be contemplated once you have cut your teeth in the world of currency trading and...
Most Asian stocks higher as Shanghai reopens; Nikkei up 2.29%
Most Asian stocks are spotted higher during Monday’s session as Japanese shares are surging after G20 nations refrained from overt punishment of Japan regarding the weaker yen. Japan’s Nikkei surged 2.29% as USD/JPY rallied G20 officials indicated they will allow...
Forex - GBP/USD weekly outlook: February 18 - 22
The pound fell to six-and-a-half month lows against the dollar on Friday after official data showed that U.K. retail sales fell more-than-expected in January adding to fears over the economic outlook.GBP/USD hit a low of 1.5461 on Friday, the pair’s lowest since July 25,...
Forex - EUR/USD weekly outlook: February 18 - 22
The euro was almost unchanged against the dollar on Friday as the single currency remained under pressure following worse-than-expected data on euro zone fourth quarter growth on Thursday.EUR/USD hit a session low of 1.3307 before settling at 1.3362 by close of trade, dipping...
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