Monthly Archives: June 2011

Todays Forex Market – Greek Holiday

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Todays Forex Market

 

Market Brief

 

Todays Forex MarketFollowing yesterday’s election during the Greece holiday, the threat of high risk was clearly “on” within the Asian markets. USD was offered overall and regional stocks rallied. Following a decent US session, the Shanghais rose 1.32%, while Hang Seng rose 1.52%. It had been yesterday’s Greek parliament election in support of the most recent EU package that was the apparent catalyst. EUR USD exchanged as much as 1.4519 from 1.4427, while USD JPY was not able to keep its gains and fell to 80.78 from 80.87. Even lately maligned goods experienced the experience a climb of $2 to the sum of $95.44bll. You will see another election today, however, this election is less uncertain than yesterdays. The aim of today’s election would be to pass the legislation required to enact yesterday’s investing cuts. Continue reading →

Forex forecast – The week in Currency for the Euro

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Forex forecast

Forex ForecastUSD – It has been another roller coaster week with quickly altering sentiment and poor economic data in the United States. The passing from the Greek confidence election provided a brief sigh of relief with poor data from China and also the Euro. Other setbacks in US unemployed claims, pressed sentiment down again. Continue reading →

Forex Market Today

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EUR

The Greek confidence election looks susceptible to pass tonight, and could create passage within the budget bill right before the final outcome of June. Although this should really be considered a knee jerk positive for the EUR, the worry is that because this allows the following tranche in the present bailout to be compensated out, it’ll slow up the emergency for pretty much any new bailout agreed by early this summer season. So ultimately we should understand the events risk from tonight’s Greek election as a relatively small one. I am concerned that getting less EU action could mean any EUR rally is short. Selling pressure will rapidly emerge most likely because the current plan including ‘voluntary’ rollovers will be viewed as being a default by rankings agencies. Continue reading →

What is Bitcoin?

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What is Bitcoin?

 

It is an almost unexplainable type of money. It is a new type of electronic money. It’s already become “the defacto standard” of digital currency.

Remember how email transformed old-fashioned mail forever? Well, Bitcoin is altering money forever. Continue reading →

Bitcoin Currency for Investment

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Bitcoin Currency for Investment

The web currency has minted off-line riches. Our planet’s fastest-getting currency has tripled on price again. The other day, SmartMoney reported the Bitcoin had skyrocketed from an exchange rate near zero to greater than $10 within yearly, which causes it to be one of the top-returning assets of any type. On Wednesday the currency assigned $30. Continue reading →

24 hour Forex Pros

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The FX market is considered to be one of the best markets as it consists of Forex pros who keep updated information about the market. With this option you are able to get receive current information of what is happening in the market. You can connect yourself with the global development and current conditions persisting there. This helps the traders to find the trading opportunities at any point of time. This is an added advantage for the people. There is no need to wait for the trading time which is 9:30 according to New York time when the market will open but you can find the market report before the market is open. Continue reading →

Forex Investments – FOREX Investment Strategies That Work

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Forex Investments

Are you an investor becoming to make a small amount of currency in a new way? Have you previously been doing it in the supply market and are you now idea of switching to the intercontinental exchange? There is a big adjustment between getting a house in the availability market and getting a house in out of country exchange. Forex Investments Continue reading →