Forex Trading Skill

The Canadian dollar ended another week declining versus its U.S. counterpart and lower-yielding currencies despite a report showing that the nation’s economy grew for another month, as the U.S. GDP report had more impact in markets globally.(…)Read the rest of Canadian Dollar Falls Despite Positive GDP (72 words) Posted on Forex News. Read more… Technorati Tags: canadian, declining, dollar, falls, Forex, news, [...]

The Canadian dollar did not manage to revert its losing trend today as equities and commodities continued to decline globally, fueling emerging concerns that Canada’s economic recovery will suffer from a slower-than-expected recovery in most of its main trading partners.(…)Read the rest of Canadian Dollar Remains Bearish on Stocks Performance (134 words) Posted on Forex News. Read more… Technorati Tags: bearish, Canada’s, canadian, [...]

Dollar surges across the board as FOMC members lost unanimity on keeping borrowing costs low. Fed left rates unchanged at 0-0.25% today and in the accompanying statement, it still said that rate “are likely to warrant exceptionally low levels of the federal funds rate for an extended period.” However, one… Read more… Technorati Tags: Analysis, [...]

The Canadian dollar continued to decline today reaching the  lowest level in five weeks as risk aversion rose globally, fueled by China’s new restrictive loans policy, which is likely to decrease appeal for currencies like the loonie, extreme related to commodities and stocks performance.(…)Read the rest of Canadian Dollar Reaches 2010 Record Low on Risk Aversion (149 words)Posted on Forex News. Read more… Technorati [...]

After touching the lowest level in 2010 yesterday versus the U.S., the euro advanced on speculations that a White House proposal will shun investors from Nort h America, allowing the euro to gain versus the greenback in foreign-exchange markets this Friday.(…)Read the rest of Euro Rebounds Versus Dollar After Obama’s Speech (146 words) Posted on Forex News. Read more… Technorati Tags: dollar, euro, exchange, foreign, [...]

This Friday’s shift in market sentiment allowed the U.S. dollar to post a weekly advance versus most of the main higher-yielding currencies, as risk aversion rose globally and traders opted by the relative safety provided by dollar-priced assets.(…)Read the rest of Dollar Profits From Global Economic Pessimism (157 words) Posted on Forex News. Read more… Technorati Tags: advance, dollar, economic, Forex, global, news, pessimism, post, profits, [...]

This Friday’s shift in market sentiment allowed the U.S. dollar to post a weekly advance versus most of the main higher-yielding currencies, as risk aversion rose globally and traders opted by the relative safety provided by dollar-priced assets.(…)Read the rest of Dollar Profits From Global Economic Pessimism (157 words) Posted on Forex News. Read more… Technorati Tags: aversion, dollar, fores, Forex, grows, news, profits, risk, [...]

The Australian dollar was one of the most affected currencies today as speculations that Chinese lending requirements will slow down the global economic recovery impacted traders’ sentiment, declining appetite for high-yielding currencies.(…)Read the rest of Australian Dollar Down on Chinese Risk Aversion (75 words) Posted on Forex News.Read more… Technorati Tags: amid, australian, chinese, dollar, down, fears, Forex, lending, news, slow