Forex on the Rise
Forex trading continues to grow. Two separate reports show that the volume of forex trading is on the rise. This goes hand in hand with the evolution of the industry. According to the Bank of International Settlements, the daily volume of forex trading reached 4.1 trillion US dollars a day. This report is published only [...]
Impact of Clock Shift On Forex
In the US and Canada it’s already summer – at least according to their clocks – they’ve just moved to daylight saving time. European countries make this shift only in two weeks from now. This difference has an impact on forex trading. Let’s see how.
Interest in Forex Grows with Fear
There’s a correlation between fear of worsening economic conditions and the interest in forex trading. This can be seen in figures disclosed by big forex portals and also in my internal statistics. Forex trading is at many times an alternative to stock markets. Many forex brokers tease potential customers by pointing out that their stock [...]
Canadian Dollar Outlook – August 31 – September 4 2009
USD/CAD made small gains in the past week, and can go anywhere in the upcoming week. 4 important Canadian releases will shape its direction, especially on Friday. Here’s an outlook for this week’s Canadian events, and an updated technical analysis for USD/CAD. USD/CAD forex chart with support and resistance lines marked inside: Better than expected [...]

