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"The main reason why I think we've seen this pullback is intervention," said Kathy Lien, director of currency research at GFT Forex in Jersey City, New Jersey. With traders on the alert for action, primarily from the Swiss National Bank and the ...
Read morePeter Schiff: You portray recent monetary history as a series of currency wars - the first being 1921-1936, the second being 1967-1987, and the third going on right now. This seems accurate to me. In fact, my father got involved in economics ...
Read moreHopes for a deal have kept euro bears in check for now, resulting in a volatile but resilient single currency. The euro stood at $1.3127, roughly flat for the day. A recovery from $1.3027 overnight kept it not far from a six-week high around $1 ...
Read moreit's time to jump into the real live money trading! So, how big of a position size should you take? A common amount of risk we recommend is 1-2% of your aggressive portfolio value. This means that if you have a $10,000 Forex trading account, we don't want ...
Read moreLONDON -(Dow Jones)- Currency markets struggled for direction Thursday with traders nervous about putting on new bets ahead of Federal Reserve Chairman Ben Bernanke's testimony later in the global day and Friday's key nonfarm payrolls data.
Read moreMichael Boutros, Currency Strategist for DailyFX, comments on the Euro, saying it is the weakest performing currency as it remains under pressure due to the ongoing Greek debt negotiations: "As the nation struggles to ease investor concerns regarding a ...
Read more"Deadline or no deadline, I am not surprised," said Jeremy Stretch, head of currency strategy at CIBC World Markets, who expected these deadlines to be flexible. "Already the euro has moved a fair bit lower this morning and a lack of movement on ...
Read moreUS Dollar volatility trades near its lowest levels since the onset of the financial crisis in 2008; we favor further USD losses against the Australian Dollar and other forex counterparts. DailyFX Individual Currency Pair Conditions and Trading ...
Read moreThe Forex Market” All Rights Reserved ... you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with foreign exchange ...
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