Post Tagged with: "weekend gaps"
FXCM Gives Best Possible Price on Weekend Gaps
On weekend gaps, if the price at the opening is better than your limit, you’ll get a deal only at your limit, and not the best possible price in the market. This applies for most brokers. Such gaps occur also on surprising news releases. Now FXCM commits to give the best possible price – positive
GBP/USD Settles Higher Following Trade Balance
British trade balance came out better than expected and gave GBP/USD the needed boost to settle above the important technical barrier. What’s next for this volatile currency? British trade balance showed a deficit of 6.3 billion pounds in February. This was significantly better than the deficit of 7.3 billion that was expected and far better
Dramatic Weekend Gaps and Breakouts on Greek Bailout
The emergency announcement of a 30M euro mechanism to bail Greece out sent EUR/USD high above the close. Other currencies made significant leaps as well – some are big breakouts.Is it here to stay? We’ll know quite soon. The European finance ministers made an unusually timed teleconference on Sunday, and came out with a dramatic announcement –
German Elections and the Euro
General elections are held in Germany on Sunday, September 27th. Learning from the past, EUR/USD may move strongly at the beginning of the week, and even start with a weekend gap. Germany’s general elections are held on Sunday, September 27th. The main contestants are the incumbent chancellor Angela Merkel of the center-right CDU party, and
Bad British Banking News Risks the Pound
Lloyds TSB, the biggest mortgage bank in Britain, was nationalized this weekend by the British government. This is bad news for the British Pound. HBOS “inherited” the bad assets to Lloyds, and now it pays the price. The British government now guarantees the banks money, but the bank, which was once successful, is now in
Forex Software System – Top 5 Factors
When choosing a Forex Software System, there a few important factors to take into consideration. There are so many Forex Software providers out there, and it’s really hard to know which one to chose. I list here the top 5 things to watch out for. A list with other factors will follow in the next