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"Many will not shake out too much on the positioning given deep imbedded gains, but it is a currency that likes its double tops and bottoms, so we could be in a for a good-sized bounce." In early New York trading, the euro fell 0.4 percent at $1 ...
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Read moreThe euro was steady at $1.2773, well above Friday's low of $1.2642 hit on trading platform EBS. A break below the nearby 2012 low of $1.2624 would take the shared currency back down ... that will support the system. But they won't be able ...
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Read moreMahiFX has also recently launched a blog providing the Forex community with a portal to share industry news, opinion, trends and trading strategies. Current posts include: “The fuss about Forex Scalping” and “The big FX myth: do Market Makers trade ...
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Read moreThe only reason forex trading is so heavily marketed to the public ... The currency markets are for business to exchange one currency for another, hedging, and the professional systems trader. They are a graveyard for the part-time speculator.
Read moreallowing the currency to weaken 0.2 percent against the dollar in April. The central bank on May 12 cut banks’ reserve requirements for the third time in six months to pump money into the financial system after industrial-production and ...
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