Best Forex Trading Signals
This is the actual Forex broker statement of our December 2011 Best Forex Signals trades. The name and account number have been removed for privacy reasons.
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The Euro (1.2940) fell to fresh 15-month lows against the dollar hitting an overnight nadir of 1.2857 as Italian bond yields rose. Investors sold the 17-nation currency after Italy sold less than its maximum target at an overnight debt auction, highlighting funding difficulties and bringing into sharp focus the region’s sovereign-debt crisis. Greenback strength is [...]
Continue Reading →The Euro (1.2940) fell to an 11-month low against the greenback overnight on continued concerns the European sovereign-debt crisis will lead to a recession in 2012. Despite Italian rates falling after a bill sale, the 17-nation currency slumped beneath the crucial support level of 1.3000 hitting a low of 1.2911. Italian ten-year bond yields fell [...]
Continue Reading →The Euro (1.3070) remains under pressure against the greenback and is hanging onto the key support level of 1.3000 ahead of an Italian bond auction. In a test of market nerves, Italy will sell 9 billion Euros of 179-day bills and as much as 2.5 billion Euros in zero-coupon 2013 bonds tomorrow. Ten year Italian bond [...]
Continue Reading →Markets returned to fundamental trading overnight with US Stocks, Commodities as well as a handful of major currencies all closing the session higher. In economic data flowing out of the US yesterday the number of Americans applying for unemployment benefits decreased to 364 000 the fewest since April 2088 with the Reuters/University of Michigan Index [...]
Continue Reading →US Stocks Fell, Treasuries rose whilst the EURO lost ground yesterday in what proved to be a session of large swings. Global equities originally rallied yesterday, however as has been the case over the course of previous months it was news out of Europe which saw earlier gains turn to losses.
Triggering the sell-off overnight [...]
Continue Reading →As has been the overriding theme throughout currency markets of late, the EURO fell overnight to reach an eventual low of 1.2982 against its US Counterpart, moving closer to its January low of 1.2872. Meanwhile this morning the EURO opens around 30 basis points lower at a rate of 1.3016, with trading ranges having tightened [...]
Continue Reading →European debt fears continue to drive overall sentiment, the greenback fell against a range of currencies overnight as US economic data came in better than expected, sapping demand for the greenback as a safe haven. Jobless claims in the US dropped to a three-year low with applications for unemployment benefits dropping by 19,000 to 366,000 [...]
Continue Reading →The rate of inflation eased in the UK for the month of November, with the annual increase in the Consumer Price Index coming in at 4.8%, down from October’s 5.0%. Retail discounts as well as falling petrol prices are said to be the main contributing factors and many are predicting the rate of inflation will [...]
Continue Reading →Equities opened firmer into the European session overnight however the Euro Dollar remained under pressure as investors continue to worry about the ongoing fiscal crisis in the Eurozone. Supporting the riskier assets in the morning was speculation later the US Federal Reserve would later that day allude to further quantitative easing measures in its statement [...]
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