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Dollar Hits Weakest Level Since July ’08

April 30, 2011 by SteveT   Comments (0)

The dollar suffered its worst monthly performance since September 2010 and weakened to a new 2½-year low as investors turned increasingly pessimistic about the U.S. economy.

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Daily Report: Dollar Selloff Accelerates Again after FOMC, Q1 GDP Watched

April 30, 2011 by SteveT   Comments (0)

Dollar index breaches 73 level today as dollar’s selloff reaccelerates again following FOMC rate decisions and Bernanke’s press conference overnight. Gold jumps to new record high at 1534, taking AUD/USD to new record high at 1.0945 too. EUR/USD and GBP/USD also rise strongly and are trading above 1.48 and 1.67

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How To Set A Forex Trading Schedule – San Francisco Chronicle

April 30, 2011 by SteveT   Comments (0)

How To Set A Forex Trading Schedule
San Francisco Chronicle
Many first-time forex traders hit the market running. They watch various economic calendars and trade voraciously on every release of data, viewing the 24-hours-a-day, five-days-a-week foreign exchange market as a convenient way to trade all day long.
5 Most Common Forex Trading MythsForex Rate It!



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forex – Google News

How To Set A Forex Trading Schedule – San Francisco Chronicle is a post from: The Forex Trading System Blog

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Forex Weekly Outlook – May 2-6

April 30, 2011 by SteveT   Comments (0)

US employment data and Australian, British and European rate decisions are the main events this week. Here is an outlook for this week’s market-movers. Will the blow that the dollar got from Ben Bernanke continue to push the dollar lower? Or will it consolidate as the market is calmer after the news? Economists believe that Federal Reserve officials will get ready to end QE2 in September’s statement by selling the securities it purchased to decrease borrowing costs. However, the current, small

FXstreet.com: Fundamental

Forex Weekly Outlook – May 2-6 is a post from: The Forex Trading System Blog

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Treasury to Exempt Currency Swaps From Rules

April 30, 2011 by SteveT   Comments (0)

The foreign-exchange instruments would be excluded from rules governing derivatives, a decision hailed by business organizations but criticized by some advocacy groups.

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