USD, Dollar Gains Reprieve
Tuesday, April 1st, 2008USD, dollar gained a stay of execution today amid recent challenges. USD/JPY ChartIt fared very well against other currencies especially the yen, JPY. At some point today it was +241 pips up. An experience that has not been for a while. It also held grounds against the EUR while the pounds, GBP vaccillated within +100 pips range.
Forex Trading: Exciting Times To Be Involved
Thursday, March 20th, 2008Economic woes, the presence of recession, war in Iraq, oil and gold prices reaching heights never before traded in recent years all make the forex trading market the more exciting. A place I’d rather be as a forex trader. What makes it so exciting at this point? In all walks of life, fluidity and movement is required to maintain a healthy lifestyle. The market is no different. Volatility, movement, macro economics, geopolitical problems are part of forex trading. These factors create the atmosphere which lend us these opportunities each passing day.
EUR Spikes To New High - Hovers $1.6000 Mark
Tuesday, March 18th, 2008EUR spiked to new highs of 1.5906 yesterday triggering speculation in the forex market and other global financial institutions of the greenback, (dollar, USD) collapse. Is this trend sustainable to the EUR zone economy?
