Forex Trading News of December 29, 2011

Forex Trading and Futures – Silver and Gold Prices Drop as USD Slides vs EUR …
Source: Best Syndication

(Best Syndication News) Gold and silver prices declined again Tuesday as the US dollar fell against all major currencies (see forex and futures charts below). Middle East uncertainty pushed crude oil prices higher. Stock markets in Asia are opening … See More »

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  • FOREX-Euro subdued, at risk from Italian debt auctions

Source: Reuters

“The bond auction seems to be the biggest event this week and it’s also a theme that will probably dominate the market in the first quarter of next year,” said Niels Christensen, FX strategist at Nordea. “Euro/dollar still looks heavy and the risks are … See More »

  • Top Forex Trading Platforms Announces New Expansion

Source: PR Web (press release) has the announced plans to expand their well known review website of today’s best forex platforms to trade on. Top Forex Trading Platforms continues to strive for excellence and plan to get even better as time goes on. … See More »

  • A Surprise Hedge for Any FX Trade


Forex traders in India are well aware of the benefits of trading in a volatile market, especially their own currency. Many of them have also been reaping the rewards of shorting this bearish environment. However, living in India can be expensive, … See More »

  • Forex Trading: EURUSD Near Unchanged On The Day As Stocks Get Ready To Open

Source: Daily Markets (blog)

I am expecting a little more activity today versus yesterday, with an extension of the narrow trading range at some point. Stocks are open today. There is chatter in the market about Italian bond auctions later this week. … See More »

  • Forex Trading: USDCHF More Pressured In Quiet Trade

Source: Daily Markets (blog)

Despite the stock market being opened today, and some US economic data being released, the markets remain very quiet and contained. The USDCHF has traded between 0.9330 an 0.9349 in the NY session. Tilting the bias to the downside is the inability to … See More »

  • Short-Term Trading Tactic- British Pound (GBP)

Source: Forex Market

By Mike Conlon, on Dec 27, 2011 02:47:25 GMT As forex traders, we are constantly looking for any edge we can get in the marketplace. Using the charts is one way that traders look for predictive behavior in the price action of any currency … See More »

  • Forex Flash: Low volume year-end trading – UBS

Source: NASDAQ (Barcelona) – As the year ends, the trading volume becomes more and more slim, with exceptions for AUD and SEK. It’s too soon to interpret core commodity bloc currencies (AUD, CAD and NOK) trends as they suffer net selling in the year-end. … See More »

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