Trade Forex:Getting hard to justify a long-USD strategy

Article Summary:

Find fresh, updated content every day including technical and fundamental analysis and forex trading strategy.Buying US dollars against any currency is increasingly hard to justify. The big buy back in short USD positions that happened last year was brought about by a market which was completely over-leveraged but we now seem to be back in a phase of continuous USD weakening and it is not

Read the rest of this entry »

Forex Trading:Reagan would be proud

Article Summary:

Daily updated information, tips on forex news, forex quotes, forex broker, forex charts, and various forex resources.Italy has taken a supply-side approach to stimulus, at least in one aspect, approving a tax break for reinvested company profits. Free-marketeers would love to see more of that and less government intrusion in markets. EUR/USD is running into offers in the low 1.4100s but remains

Read the rest of this entry »

Article Summary:

Here you will find detailed info about currency trading and Forex training, currency exchange and online Forex trading platform.ECB’s Gonzalez-Paramo, known to his friends as “speedy”, speaking at the University of Oviedo, has opined that reforms are needed to speed economic recovery. The official said “There is a certain risk involved with the improvement in economic indicators and

Read the rest of this entry »

Article Summary:

Get breaking Forex News, real time forex market analysis, current trading strategies, plus a global economic calendar here.Hi everyone
Recently I had a nice talk with a top executive of the U.S. Retail Forex Industry. We were talking about the impact that the latest ruling is having on the Forex business. Under his view, 4 new rules have vast potential to change things in the United States:

Read the rest of this entry »

Forex Trades:Euro zone April retail sales +0.2% m/m

Article Summary:

Daily updated information, tips on forex news, forex quotes, forex broker, forex charts, and various forex resources.Euro zone April retail sales came in at +0.2% m/m (in line with median forecast) and -2.3% y/y (better than median forecast of -2.9%) Good news with March data being revised upward, to -0.1% m/m and -3.4% y/y from initial -0.6% and -4.2%  respectively.

Read the rest of this entry »