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Forex Trading: Carry Trade
Currency trading on the FX marketOne of the most popular forex trading strategies is the carry trade. Although it is considered risky, the carry trade is among the most popular of currency trading moves. ...
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Forex Trading Strategy: Down Under Currencies
Commodity prices help Australian, New Zealand dollarsForex trading strategy should take into account that down under currencies are doing rather well this morning on the FX market. Commodity prices are helping the Australian and the New ...
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UK Pound Forex Trading Forecast
The British housing market and the sterling in currency tradingThe British housing market is affecting the sterling in currency trading on the FX market this morning. The housing market is bringing down the British economy, ...
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Euro Gaining in Forex Trading
Euro rises against major currenciesThe euro is on the rise in currency trading on the FX market as the ECB interest rate decision is awaited. The euro is gaining in forex trading against the US dollar, Japanese yen and the UK pound. ...
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US Dollar Rates in Currency Trading
Greenback in forex tradingThe greenback is back to struggling a bit in forex trading on the currency market this morning. Dollar weakness is resuming after a week of gaining in currency trading against the euro. ...
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Forex News: UK Prime Minister Brown on the wires
Says that the Bank of England can afford lower interest rates due to low inflation. This is in reaction to the lower House Price index released earlier by the Halifax Building Society which showed a decline of -2.5% (-0.3 was expectd). ...
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Earnings Season Starts With Disappointment
Three “A” companies - Advanced Micro Devices (AMD: 6.34 0.00 0.00%), Alcoa (ALU: 6.41 0.00 0.00%) and Aeon - have all reported declining sales or profit. This is a fitting way to start the earnings reporting season and it is very ...
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Catching a brake
I was trying to catch big brake through 750 on gbp/usd but it came later. I was trading half size. Check out how second trade was spiked out of the market. +1 pip.
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Forex Trading: EUR/GBP convincingly paid...
EUR/GBP getting paid on a longer term chart, and with the negative data that came out of the UK today, we may see the pair continue to trend higher. A perfect scenario for the pair is confidence in the ECB's policy and a further offer ...
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Forex Trading: USD/CAD looking bid on a daily...
USD/CAD looking bid on a daily with stochastics positively converged though there is well established resistance above in the formation shown:
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Forex Trading: USD/JPY struggling with a daily retracement level...
USD/JPY battling with its 50% retracement level on a daily. If it gives up this level, we could see the pair get offered to the 100.65 level which is the 38.2% level and also the neighborhood of the trendline shown on the...
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Forex Trading News: BOE To Offer 15 Billion on April 15
The Bank Of England today confirmed their commitment to add liquidity into the market. On April 15, the BOE will offer 15 billion dollars at a 3 month maturity. This is in hopes to stimulate the economy of the UK.
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Forex Trading: USD/JPY longer term picture...
USD/JPY stopped cold twice in the 102.80's. Moreover, when put in relation to a longer term picture, the pair may see an offer back to the trendline shown, especially if US equities start to fail in the coming days during earnings ...
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Forex Trading: GBP/JPY destroyed...
GBP/JPY destroyed once again after having tumbled ~200 pts as shown:
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Forex Trading: USD/JPY trying to get a bounce...
USD/JPY trying to get a bounce out of the 80 level after having been given from 102.40. It seems at this point that it may try to retrace to the figure:
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