Making money on Forex. Ways to diversify your income.
Jan14 Forex Market Outlook 1/3/12Buy Buy Buy! At least that’s how the New Year is starting out, as the markets are decidedly risk-taking mode after the shortened holiday trading sessions. Global financial markets are set to open higher, led by stocks and commodities. The fact that markets couldn’t revive higher to end the year may bode well for the start of 2012, but will it take up again right through the year? Click here to read more.. »  Jan14 FOREX-Euro bolstered by short squeeze; China data eyedSYDNEY, Jan 10 (Reuters) – The euro held its ground early in Asia on Tuesday, having been squeezed higher overnight as the market pared extremely bearish bets against the single currency ahead of key events in Europe (Chicago Options: ^REURUSD -news) this week. The euro stood at $1.2767 after bouncing off a 16-month trough at $1.2666. Traders said buying ahead of a $1.2650 selection barrier had prompted some small covering. The single currency was also nearing strong support seen just below $1.2600, the 76.4 percent retracement of the June 2010 to May 2011 revive and the Aug. 24, 2010 trough. Click here to read more.. » Jan14 FOREX-Euro short-squeeze rally stalls, debt auctions loomTOKYO, Jan 4 (Reuters) – A small-squeeze revive in the euro stalled in Asia on Wednesday ahead of debt auctions in Germany, with market players dubious about the euro zone’s plans to fend off a independent debt crisis as some countries face huge debt refinancing needs. The euro is losing momentum after posting its largest one-day revive in nearly two months on Tuesday as investors trimmed heavily bearish positions in the common currency after upbeat data bolstered risk appetite. Click here to read more.. » Jan14 Forex trade emails cast doubt on SNB’s HildebrandZURICH (Reuters) – Switzerland’s central bank was seeking a new leader on Tuesday to contain the strength of the country’s safe-haven franc after apparently forcing out Chairman Philipp Hildebrand when emails failed to clear him of involvement in a currency trade by his wife. The supervisory council of the Swiss National Bank, which has to propose a new entrant for the SNB’s three-person governing enter to the Swiss government, made no statement after a six-hour meeting on Tuesday, keeping up tension on who will now steer the franc owing to an unprecedented period of strength. Click here to read more.. » Jan14 When is the Best Time of Day to Trade Forex?In looking at the trading records of tens of thousands of FXCM clients, as well as talking with even more traders day after day via webinars, email, and Twitter, it quickly becomes apparent that most individual forex traders are what are called “range traders”. It also becomes apparent that many of them have distress being successful in forex because they are trading during the incorrect time of day. Click here to read more.. » |