Archive for the ‘News’ Category
EURO BEARING – ECB interest rate decision overshadowed by DEBT CRISIS
The euro is under pressure again in currency trading, after the sharp downgrade of the Portuguese credit rating concerns about the European debt crisis back in the foreground are placed. Despite broad support among forex traders expecting the European Central Bank President Jean-Claude Trichet interest rates again this afternoon will increase by 0.25%.
Tags: ECB interest, euro
Lloyds Bank Expected To Axe Another 15,000 Jobs
The cutbacks are thought to be at the heart of a strategic review of the bank's operations - which is due to be announced by new chief executive Antonio Horta-Osório at the end of the month.
(more...)Tags: Lloyds Bank, to axe jobs
The very critical, and very insufficient 5th bailout tranche to Greece, has now been approved.
The very critical, and very insufficient 5th bailout tranche to Greece, has now been approved. Euro zone finance ministers agreed on Saturday to disburse a further 12 billion euros to Greece and said the details of a second aid package for Athens would be finalised by mid-September. After a conference call, the 17 euro zone ministers agreed that the fifth tranche of the 110-billion-euro bailout agreed with Greece in May 2010 would be paid by July 15, as long as the IMF’s board signs off on the disbursement.
Tags: 5th bailout tranche, Greece
Wildfire spreads near US nuclear arms laboratory
A raging wildfire on Monday briefly entered the property of the preeminent U.S. nuclear facility, Los Alamos National Laboratory, a vast complex that houses research laboratories and a plutonium facility.
IMF Chief Says Beijing Should Let Yuan Rise
The International Monetary Fund on Thursday urged China to allow the yuan rise further to rebalance its vast economy, and called for freer use of the currency in global trade and commerce.
The International Monetary Fund (IMF)’s acting chief John Lipsky (C) attends a news conference in Beijing June 9, 2011.
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EURO continues to struggle
The EURO continues to struggle this morning, under weight from a combination of soggy PMI data and continuing concerns over Greeces finances. The possibility that austerity measures may not pass through the parliament is again weighing on investors appetite for risk. 
Tags: euro, EURO continues to struggle
US Dollar Gains May Be Cut Short by EU Summit
The US Dollar rose on safety demand amid global economic slowdown fears but sentiment may get a boost on signs of progress on Greece at an EU leaders meeting. Talking Points US Dollar to Rise as Stocks Slump in the Wake of FOMC Euro Zone, Chinese
Tags: EU Summit, US Dollar Gains
Greek Confidence Vote made the Euro briefly higher
The Greek government managed to survive a confidence vote in Parliament, helping send the Euro briefly higher. A round of profit taking afterward brought the common currency back down but it has since rebounded slightly, trading at 1.4415, up 0.1% at 2:41 p.m. (JST) in Tokyo. Earlier in the trading session, the, Euro struck a high of $1.4435 before slipping back to an intraday low of $1.4345.
Tags: Euro lifts, Greec Vote
Advantage of automated forex trading software
Only there are times when we feel like we can reach more than it already is receiving today. This applies to many people, especially when it comes to money. Many of us see the need to earn more and many of us really believe in the fact that we can do it. For this reason, many are trying new areas where we invest our money in. The currency market may be an old field, but using automated forex trading software can be a new method by which we can achieve this goal, if you want to win extra money by investing in a proven scenario, then there is nothing better than using software
To test if they are really geared for the automated Trading, then consider the following points:
1. How to make money from a solid source
While the currency market is very active and liquid, you can expect it to be solid in the sense that it has existed for decades as a source of revenue for the financially wise. Big investors such as banks and even governments have benefited with the foreign exchange market and now there is no reason that you should not benefit from using automated forex trading software
2. Make money automatically
You can automatically earn money through a system of trade in forex. This means you do not have to trade manually and have to monitor the forex market at all times. With useful automated forex trading software, you can preset conditions and make your software do all the work for you.
3. How to earn money easily
You do not have to spend years learning the intricacies of foreign currency trading. With reliable automated forex trading software, you can learn the basics and still have the advantage of making good trades and earn money easily and conveniently.
Tags: Advantages, automated, Forex, software, Trading
Forex software review and analysis
Forex has been simplified by using a forex trading software. The software has automated forex trading shares and provides various analytical tools and graphics that allow operators to maximize profits while minimizing losses. Before choosing a forex software, it is necessary to read reviews forex software that you may be aware of what software is best for installation. Here’s a look at some good reviews forex software:
• Forex Secret Agent – Secret Agent is Forex signals software company that makes products like the Supremo and Forex Profit Launcher. It can be used to trade with all foreign currencies on a 24 hours. He has the unique feature of providing trading signals that can be seen on the screen or received in a mailbox.
• Forex Killer – Forex Killer works with all currency pairs and can be used in any country with a broker. The interface is very user friendly, allowing novice users to get used to it quickly. Its uniqueness lies in the trend calculations it offers through which he made a prediction about the next evolution of prices of currencies, according to the 10 price trend.
• Forex Autopilot – This software can be used on a 24 hour basis and can recognize patterns in price movements. It works by using several mathematical models and is fairly easy to use. It can monitor different markets at once and runs on the platform MetaTrade4 popular.
• Forex Charting – This software is fully automated trading software. It uses internal algorithms and programmed settings to enter and exit the market. It is easy to install and saves much time and effort in trade.
• FAP Turbo – This software can be installed in a single click. It operates automated trading and looks in the market for the best trading opportunities. It is part of the whole round of negotiations when he sees an opportunity that offers a good compromise.
