[Story ID: 5099]
U.S. dollar weakens in currency trading
The trade deficit increased to its widest level since November 2008, and that is having the effect of helping risk appetite on the FX market. Why? Because a widening trade deficit indicates that Americans are getting ready to spend money. And when consumers start spending, the economy picks [...]
[Story ID: 4373]
New tool to offer real-time trade signals for short-term currency traders
GRAND RAPIDS, Mich., June 21, 2010 – GFT has introduced Autochartist Trade Ideas, a new, complementary application that helps short-term currency traders reduce the amount of guesswork involved when deciding what currencies to trade.
Autochartist Trade Ideas provides real-time trade setups that include all [...]
[Story ID: 4222]
In the midst of the Eurozone debt crisis, forex investors have largely stopped paying attention to interest rate differentials and focused the brunt of their attention on risk. Soon enough, however, there will be a resurgence in the carry trade, at which point interest rates will return to the forefront of investors consciousness.
From the standpoint [...]
[Story ID: 2479]
USD/CAD pressured in currency trading
The forex trading forecast expects to see the loonie test parity with the U.S. dollar again rather soon. Right now, it appears that Canadian trade is returning to normal, while the U.S. experiences a trade gap.
This difference is putting pressure on USD/CAD in currency trading. Indeed, as the economy [...]
[Story ID: 1833]
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 [...]
[Story ID: 998]
Currency trading on the FX market
The carry trade is unwinding quite quickly today, with risk aversion sending investors hurrying toward safe havens. A great deal of concerning news is weighing on the carry trade.
For the most part, investors remain fixed on the drama playing out in Greece. Moody’s is warning that another credit [...]
[Story ID: 956]
Trading psychology is the most important aspect of a trader’s success.Trading Psychology- Accepting the Risk
Accepting the risk of each trade is not easy, especially for inexperienced traders. Of course, there are some steps we can take to make it easier to accept the risk. First, it is very important to plan out [...]
[Story ID: 273]
The popular social network site Twitter provides clues
If you are following @gftforex, @fx360 or @gftuk on Twitter, you may have noticed that they are up to something.
Here’s a sample of the tweets they’ve been sending lately:
Thousands will trade. Hundreds of thousand$ will be won. 5 more days #tradeGFT
Tweet. Win prizes. Trade. Win [...]
[Story ID: 6]
Only three years ago, the first currency exchange traded fund (ETF) was introduced, enabling investors to trade the Euro without having to buy and sell the currency directly.