Best Forex Trading Signals
Following a five week advance for the S&P 500 Index, US Stocks dropped yesterday amid ongoing concerns that Europe’s debt crisis is set to again worsen. In what is turning into a very long-winded process German Chancellor Angela Merkel voiced publicly her concerns over Greece, emphasising the fact that time is now running out to [...]
Continue Reading →Despite Greece failing to reach an agreement with its private sector bond holders, the Euro Dollar appears hesitant to break from its current ranges against the Greenback. Whilst disappointment as to the lack of progress caused the single currency to fall to intraday lows of 1.0390, anticipation of tonight US Non-Farm Payrolls kept hesitant traders [...]
Continue Reading →The US Dollar has fallen against all but 3 of its major trading partners after a wave of positive manufacturing was released in succession around the globe. Starting in the Asian session, China’s manufacturing sector unexpectedly expanded in the month of December; In Europe, its region’s PMI hit a five-month high of 48.8, up from [...]
Continue Reading →The Euro climbed to highs above 1.3200 overnight before falling sharply to find support at 1.3050 with a multitude of events kept investors on their toes. Earlier in the day Greek PM Lucas Papademos said his government was close to a deal to ease its crippling debt burden, and this optimism led markets on a [...]
Continue Reading →Italy held its first bond auction since the country was downgraded by Fitch last Friday and it fell short of its maximum target. Selling 7.5 billion Euros of 5 to 10 year bonds left investors feeling uneasy and along with speculation Greece will require a larger bailout package and Spain’s economy contracting 0.3%, markets took [...]
Continue Reading →The Greenback opens weaker against all of it major trading partners this morning after the US Federal Reserve pledged to keep its interest rates at record lows for longer than they had originally forecast. Announcing rates would now remain at current levels through to late 2014 rather than mid 2013 sent ripples through the market, [...]
Continue Reading →Treasuries rallied and Stocks gained ground yesterday with the S&P 500 finishing stronger by 0.7 percent. In the US Overnight, Federal Reserve Policy Makers met for first time this year with the Federal Open Market Committee releasing their monthly Monetary Policy Statement. In a statement made in Washington, officials committed to maintaining their current near-zero [...]
Continue Reading →Global equities struggled to make up their mind in overnight trade, with the S&P500 earlier rallying as much 0.5 percent before closing in the red around 0.8 percent lower. Hogging much of the market’s attention overnight were talks held in Brussels, where Finance Ministers met to discuss ways to fight the ongoing Fiscal Crisis which [...]
Continue Reading →Global equities gained half to a full percent on Friday as Spain and France both successfully sold 14.6 billion EURO worth of bonds. With lower borrowing costs temporarily sidelining fears of further fiscal and debt contagion, Europe has for the early parts of this year showed some very real signs of stabilizing. Following the successful [...]
Continue Reading →We’ve been having a great week this week. It is unfortunate that our trade on the GBP/USD got stopped out early, but our current open trades are up almost 500 pips combined.
The Euro Dollar has reached it highest level in two weeks after Spain raised more than its maximum target at a long-term debt [...]
Continue Reading →
