In spite of a couple of bullish factors, dollar weakened sharply across the board last wee, with dollar index touched…
GalleonFX extends $1000 account minimum for another month
Hi everyone. In a previous post I mentioned that GalleonFX (a popular provider of Managed Forex Accounts) had a special going on where they would let you open up an account with…
Mid-Day Report: EUR/USD at New Record High on Carry Trade After Strong NFP
Initial reaction to the much stronger than expected Non-Farm Payroll report is like what’s discussed before, carry trade dominates. Even…
Money FAQ – What Every American Citizen Should Know About Money
What is the definition of a dollar? A dollar is a unit of measurement, much like a pound, a foot, or a mile. Specifically, the dollar is a unit of weight. It’s…
Daily Report: Non-Farm Payroll to Trigger Market Volatility and Carry Trades
Markets’ attention are all turning to today’s Non-farm payroll report. After a solid number of 110k job growths shown in…
Mid-Day Report: Japanese Yen Rebounds Strongly as Stock Markets Tumble
Yen crosses stage a sharp reversal into US session following sharp fall in European and US stock markets. US stock…
Daily Report: EUR/USD Touches 1.45 as Dollar Weakness Continues
Dollar extended weakness further in spite of a couple of dollar bullish factors yesterday. Dollar fell to new record low…
Why Currencies Move Up, Down and Sideways
Here is a very informative article for those of you who are interested in the currency trading market (like moi). This article is brought to you by SEAN HYMAN, Currency Director of…