Forex trading with the loonie Canadian dollar is heading lower in currency trading, after heading higher earlier. U.S. dollar’s bearish momentum seems to be disappearing as investors look for direction. There are second thoughts about the plan presented by the eurozone to contain the sovereign debt that seems to be spiraling out of control. Yesterday, [...]
FXstreet.com (Barcelona) – European markets have opened with gains on Monday, favoured by… For more information, read our latest forex news. FXstreet.com: Latest News
FXstreet.com (Córdoba) – The major central banks have decided to provide dollar liquidity. This has… For more information, read our latest forex news. FXstreet.com: Latest News
Concerns about Greece, recession boost risk aversion Concerns about whether or not the Greek plan will go off, as well as worries about a global recession, are keeping risk appetite in check today. As a result, the euro is heading lower in forex trading, at one point dipping below the 1.38 level. For the most [...]
Egypt has reached agreement with the International Monetary Fund on a draft 12-month $ 3 billion financing package to support the country’s program of economic reforms at a crucial period as the country transitions to democracy. IMF Survey Magazine
Launching the “Deauville Partnership with the Middle East,” the Group of Eight has pledged to support countries in the Middle East and North Africa that are transitioning to free and democratic societies. The IMF is ready to provide up to $ 35 billion for the region. IMF Survey Magazine
The Irish government has been making good progress in addressing the country’s deep-seated economic problems since it took office in March. But the IMF says that without comprehensive action from the European Union, Ireland and other euro area countries with programs will struggle to restore their access to the markets. IMF Survey Magazine
The International Monetary Fund and the European Union have announced a joint financing package worth €78 billion for Portugal, aimed at reigniting growth and employment. The EU pledged a total of €52 billion. The IMF’s contribution will be €26 billion, to be provided over three years. IMF Survey Magazine
Welcome Ryan, the author of this Forex Project guest post. Ryan trades from a quiet country lake house and helps traders through his blog at http://www.ryanokeefe.com. Does your trading plan encourage you to over trade? Recently I started a survey on my website asking traders to answer this question: “What is holding you back from [...]
There are many obstacles that prevent most traders that have an excellent trading plan from following it properly. Almost all of these factors are psychological.Review: Following the Plan Let’s say you have made a detailed trading plan. You know the exact criteria or “rules” you will use to place a trade. You have a checklist [...]
A trading plan is a must. I would be will to bet that virtually all successful traders have one. However, most new traders have no plan. In fact, I bet most new traders barely even have actual reasons for entering a trade. Creating a Trading Plan Creating a trading plan is actually relatively easy. There [...]
Euro in forex trading The euro is firming in forex trading against the U.S. dollar this morning as Greece announces an austerity plan. The announcement of a plan comes despite concerns by the Greek populace with regard to austerity measures. However, the euro’s advance in currency trading has been capped somewhat by the nature of [...]
FXstreet.com (Barcelona) – Treasury prices slid on March 1 amid rumours on Greek bailout plan if … For more information, read our latest forex news.
The news of a prospective Greek bail-out plan put together by France and Germany may well go some way to soothe investor concerns about a sovereign default in Europe and has gone some way to stabilising the Euro in the short term, especially against sterling which has undergone a torrid last 7 days. Under the [...]
Will this bailout really help to stimulate the economy like they are saying it will? If you have any doubts (which you should), then read on and see why you should be skeptical of this newly passed plan to give us an ‘