July in Figures
larrygreenberg @ July 31, 2012 # Comments Off
European interest rates fell sharply at the short and long end in July. The U.S. yield curve flattened. The dollar fell against commodity-sensitive currencies and the yen, advanced against the euro and Swiss franc, and closed virtually unch…
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Putting the Carry in Carry Trade
About.com Forex Trading @ July 31, 2012 # Comments Off
Have you ever tried using foreign exchange to do carry trades? It’s a lucrative strategy if treated properly.
There are reasons to do it, and reasons to avoid it. It’s really a matter of figuring out whether it’s a strategy you can deal with….Read Fu…
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Are you Losing Money
About.com Forex Trading @ July 31, 2012 # Comments Off
Have you ever thought of just quitting forex because you’re simply not making money?
See: How to Stop Losing Money with Forex
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Reserve Bank of India Tweaks a Reserve Requirement but Leaves Repo Rate Unchanged at 8.0%
larrygreenberg @ July 31, 2012 # Comments Off
A statement from Indian monetary officials released after the latest quarterly economic review Left key interest rates steady. Reduced the Statutory Liquidity Ratio (SLR) to 23% from 24% effective August 11. The cash reserve requirement stays at …
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Trading the Forex Markets for Money
About.com Forex Trading @ July 31, 2012 # Comments Off
Sometimes trading can seem like a game thats impossible to win. Have you ever been trading forex, and just felt like winning isn’t an option.
While the forex markets are special, they aren’t that special, it’s just a matter of having the right approach…
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Slower Growth in Most Corners of the Globe
larrygreenberg @ July 31, 2012 # Comments Off
The final days of each month tend to be a rich minefield of economic data releases around the world. This update presents some of this month’s highlights, which collectively paint a picture of sluggish global activity. Perceptions about the…
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EUR/USD Rises Ahead of Monetary Policy Meeting of Fed & ECB
ForexBlogger @ July 31, 2012 # Comments Off
EUR/USD was higher today as traders hoped for monetary easing from both the US Federal Reserve and the European Central Bank later this week. The US data was relatively good today except for personal spending that sta…
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Investors Brace for End-Month Flood of Information
larrygreenberg @ July 31, 2012 # Comments Off
Dollar movement overnight was limited to gains of 0.1% against the yen and sterling and losses of 0.3% versus the yuan, 0.2% against the euro, kiwi and Australian dollar, and 0.1% relative to the Swiss franc. The loonie is unchanged against its U…
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Daily Forex Analysis – July 31, 2012
ForexCycle.com @ July 31, 2012 # Comments Off
USDCAD Analysis. USDCAD continues its downward movement from 1.0230, and the fall extends to as low as 1.0003. Further decline could be expected over the next several days, and next target would be at 0.9950 area. Resistance is now at 1.0050, only brea…
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Anticipating Coordinated Monetary Easing as Reported Data Were Mostly Soft
larrygreenberg @ July 30, 2012 # Comments Off
Share price gains overnight continue to reflect optimism that the ECB will take forceful action Thursday to preserve the euro. Stocks are up 1.9% in Spain, 1.0% in Germany, 0.8% in France and 0.6% in Britain. In the Pacific Rim, equities cl…
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