Archive for January, 2007

Forex Trading: GBP/JPY Limit Order Fills -in For Profit

Tuesday, January 16th, 2007

What a day to trade forex market. Certainly not for the faint herated… My limit order eventually came good in the end. The volatility of the GBP/JPY was certainly not for the inexperienced. At the time of this writing the pair has climbed back down to to the 236.47/55 from a daily hi-237.24. See […]

GBP/JPY Vaccillates Within Daily Range - See charts

Tuesday, January 16th, 2007

GBP/JPY and Cable are trading within daily range amid fears of possible inflationary interest rates hike. The higher than expected CPI reports have not sparked off trades.

On the contrary, the jump in the CPI rate, (2.9%) would have been a major factor in the Bank of England’s surprise decision to raise interest rates to […]

China Reserves Top $1 Trillion Mark

Sunday, January 14th, 2007

It is official. The Chinese growth and rise to a strong economic force is here. What does this mean to you and your forex trading? Does this neck-breaking speed growth has any effect on you socially and economically? Read More..
BEIJING: China’s foreign currency reserves, already the world’s largest, passed $1 trillion at the end of […]