Forex Trading Skill

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, [...]

Since January 2007, the pound has dropped -23.5% against its major trading partners with the decline against the euro slightly more than that against the dollar. Although the pound managed to gained against most of these partners in 2009, much of the return was erased in the second half of… Read more… Technorati Tags: against, [...]

Intra-day euro-led decline adds credence to our view that recent upmove has formed a top at 1.6459 and consolidation with mild downside bias remains for retracement of recent upmove to 1.6208-11 (50% Fibonacci retracement and previous support), however, support at 1.6194 (previous resistance turned support) should attract renewed buying interest,… Read more… Technorati Tags: Analysis, [...]

The British currency had a favorable performance today versus multiple key-currencies today, beating the euro and the Swiss franc as the country starts to show more evident signs of recovery, attracting investors back to the U.K.(…)Read the rest of Pound Advances Further Versus Euro on Inflation (72 words) Posted on Forex News. Read more… Technorati Tags: british, currency, euro, favorable, fears, Forex, inflation, news, performance

Euro was broadly pressured last week on growing concern of Greece’s large deficits and doubts over its sovereign creditworthiness, in particular after ECB Trichet made it clear that there will not be any special treatment to a signal member of the Eurozone. Yen rose against most major currencies on risk…Read more… Technorati Tags: Analysis, concern, [...]

Euro was broadly pressured last week on growing concern of Greece’s large deficits and doubts over its sovereign creditworthiness, in particular after ECB Trichet made it clear that there will not be any special treatment to a signal member of the Eurozone. Yen rose against most major currencies on risk… Read more… Technorati Tags: Analysis, [...]