Post Tagged with: "forex market"
5 Predictions for the Forex Industry in 2010 and Beyond
The forex industry evolved nicely in 2009. Looking towards 2010, and the new decade, here are 5 predictions about the industry. I wrote this post after reading Kathy Lien’s excellent article about the top 5 events of this decade. I’m looking at trends that already began recently, as well as trends that I believe that
Forex Trading Should Reach Out to the Masses
Following a previous post referring to a provocative forex campaign, I’ve met the man behind it, Dekel Shahrur. In an interview to Forex Crunch, he brings an insight of an outsider about the world of forex. How can forex reach out to the average Frenchman that enjoys a fresh baguette and the aroma of coffee?
Forex Trading is No Game
There’s lots of money in the forex market and lots of competition between forex brokers. Some of these brokers try to get customers by presenting forex trading as a game. I find this quite problematic. Barack Obama on one side of the ring. Queen Elizabeth on the other. Just make your bet on the boxing
Forex Trading and GDP Differences
Britain’s GDP for the second quarter was revised upwards today. Revised GDP exceeded the initial publications in many countries. If the second quarter is better, will we see strong growth in the third quarter? A look at recent releases and their impact on forex trading. Not all countries are recovering equally, and these differences are
Forex Trading At Summer Time
The month of August is vacation time for many people. This affects the forex market’s volume, which is lower, but it doesn’t necessarily impact the volatility. There’s one more summer week left. Afterwards the moves will be stronger. Some currency pairs trade in narrow and expected ranges, while others go wild. Let’s see some examples,
Catious European Recovery Helps EUR/USD
European recovery is lead by Germany and France. Today’s PMI figures showed. The other countries are lagging behind, and the forex market reacts cautiously. Will the whole continent prosper? Will EUR/USD break out of the range? European Purchasing Managers’ Indexes were better than expected. Data from France was the earliest. French Flash Services PMI scored 48.9,
Forex Daily Outlook – August 21st 2009
The day begins slowly with European figures, but ends with a speech by Ben Bernanke. Let’s see what’s up for the last day of the week: European PMI figures pour in throughout the morning. France begins with Flash Manufacturing PMI and Flash Services PMI at 7:00 GMT. Half an hour later, the exact figures from Germany are
Even the Israeli Intervention is Short-Lived
Last week I was talking about the intervention that the Bank of Israel made in the forex markets, and how it worked. Well, also in a small country like Israel, central bank intervention is short-lived. A lesson for the Swiss National Bank… USD/ILS fell and fell, hurting Israeli exports, many of them to the US
First In, Now Out
Less than 10 days till the anti-hedging NFA regulation is imposed on the forex market, and it seems that many traders will take their money elsewhere in order to avoid the annoying software restrictions that the anti-hedging regulation means. American forex traders can avoid the new anti hedging regulation by switching to a foreign broker,
Best hours for trading: make sure you don’t miss the opportunity!
Guest post by ForexTraders.com Best hours for trading: make sure you don’t miss the opportunity! There’s a time for sleeping, there’s a time for working. And there’s a time for forex trading too. The forex market is open around the clock, on all five days of the week as the Sun moves around the world,