Posted by Batool on April 12, 2011 ·
Prediction of forex market is a difficult task. This article focuses solely on the Euro and predicts its regulation pattern for the year 2011. The article provides plenty of reasons, which support the prediction that this year is going to be very challenging for the Euro, and the Euro will be certain to grow weak.
Posted by Batool on March 22, 2011 ·
The US is the world’s second biggest forex trading center. The best time to trade the USD is when the US session is in progress. You have to take care of certain things while trading in the US session whether you are working on long or short term basis.
Posted by Batool on May 15, 2010 ·
Euro rose sharply against the yen and dollar in Asia last Monday, because the series of the remarks from the European Central Bank shows that authorities had taken necessary measures for prompting non-Japanese hedge funds to buy the euro.
Posted by R. MAK. on December 3, 2009 ·
After that The European Central Bank President Jean-Claude Trichet expressed support for a strong dollar and as he announced small steps toward the withdrawal of extraordinary liquidity measures, the dollar recovered from near 16-month lows against the euro. European Central Bank President’s Statement It has been said by Trichet that the euro zone had a [...]
Posted by R. MAK. on December 2, 2009 ·
On Wednesday after worse-than-expected U.S. private-sector jobs data boosted safe-haven demand, the dollar rose, whereas the yen fell broadly on fears monetary authorities may step in to stem the currency’s strength…
Posted by R. MAK. on September 24, 2009 ·
On Thursday the dollar has gained against the euro after central banks said they will scale back some emergency programs by which trillions of dollars have been injected into banks as financial markets stabilize.Sterling also reached near a six-month low against the euro after Bank of England Governor Mervyn King has told a regional British newspaper that…
