How A Revolutionary New Forex Trading Robot From FAP Turbo Can Help You Earn Money Fast
Have you been paying attention to the success stories written about people making money from Forex trading? Do you want to be one of these success stories but you feel that you are not qualified to make great trading decisions? If this sounds like you, you need to understand that there is often more to the success of these Forex gurus than knowledge alone. Many of them have also used technology to help them make the best trades even when they are unable to be at the computer.
How is this possible? Through the use of Forex robots, trading becomes automated and much easier to perform. These programs can continue making foreign currency exchange trades even while the account holder is off working on other projects. They take the guesswork out of reading charts and records and can help you anticipate which trades are likely to turn the largest profit. Then, according to the settings you have made, they perform trades at a pace that you feel comfortable with.
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For the week, the Australian dollar closed 0.5 per cent weaker at $US0.923, compared to last week's close of $US0.928.
During the week, the domestic currency traded between $US0.916, and $US0.935
AMP Capital investors chief economist Shane Oliver said the Australian dollar was likely to head higher against the $US as the interest rate differential in Australia’s favour continues to widen and commodity prices remain strong.
"We continue to see it rising to parity against the $US this year," Mr Oliver said.
The local unit sank early in the week as investors sought risk averse assets after US investment bank Goldman Sachs was charged by the US Securities and Exchange Commission for fraud.
It rallied midweek, rising more than one US cent higher after the Reserve Bank of Australia (RBA) left the door open for a May interest rate rise.
The minutes from the RBA's April meeting showed the bank forecasts of a stronger-than-expected rise in Australia's terms of trade influenced its decision to lift the rate this month.
Mr Oliver said while the minutes from the RBA meeting were somewhat hawkish, governor Glenn Stevens seemed more relaxed about the outlook, referring to a degree of caution in some parts of the economy and describing interest rates as being pretty close to average.
London, 31 March 2010FXCM LTD has launched new trading instruments. Now, in addition to forex, traders can trade oil, gold and global stock indices on one platform.
FXCM LTD began offering CFD trading in September 2009. Due to its increasing popularity, FXCM has decided to make CFD trading more widely available and has included all instruments on one platform. Watch Video
Why Trade CFDs with FXCM?
* No Re-Quote Trade Execution -FXCM will not interfere in client trading by re-quoting trades.
* No Debit Balance -Unlike trading with other providers, margin trading with FXCM will guarantee that traders will never have to pay a deficit balance as a result of trading.
* No Commissions,* Tight Spreads
Use less money to trade more. With FXCM, traders are able to trade commission-free with competitive spreads.
With the FXCM Trading Station’s one-click order execution, traders will never again be more than a few seconds away from putting their opinions to the test!
* CFD Product Details (Stock Indices, Oil, Gold)
* CFD Frequently Asked Questions
For any questions, please call FXCM currency specialists, who are available 24 hours a day, at +0808 234 8789, or by e-mail at info@fxcm.co.uk.
About FXCM:
Forex Capital Markets (FXCM) is a leading global forex broker that caters to both retail and institutional markets. Founded in 1999, FXCM is one of the largest brokers, regulated by several of the world’s most respected financial authorities.
New York—March 2010—FXCM Micro’s monthly currency trading contest starts on Thursday April 1st, 2010. $25,000 in cash is awarded to the trader with the highest monthly trading return, $10,000 is awarded for second, and $5,000 for third place. FXCM Micro wants you to be the King!
Click here to read the 1st, 2nd and 3rd place winner’s questionnaire on how they won the contest! Zhai Zhuobin, last month’s winner, placed 10 trades in February with the majority in the USD/JPY pair and earned a staggering 1129.72% return*.
The popular currency-trading contest has been running for over four years, and it’s free to enter. King of the Micro is available to clients all around the world. Recent winners have come from the United States, China, Malaysia, Canada, and the United Kingdom.
There is no registration needed, and the requirements are simple: all FXCM Micro clients with $500 in their Micro account at the beginning of the month are automatically entered. And traders must make at least ten trades during the month.
The Japanese yen�s strength was cut as the demand for the safer currencies dwindled with the decreasing instability in the markets on the speculation that the global economic recovery will widen with the greater pace. The possibility that the Goldman Sachs will be charged for fraud diminished, reducing the concern for the volatility in the markets, and the report about the growing confidence of the German investors signaled that the outlook for the global recovery has improved. The resulting improvement of the risk appetite prompted the investors to turn away from the safe currencies in favor of the higher-yielding ones. USD/JPY traded at about 92.87 as of 12:05 GMT up from the opening price of 92.40. EUR/JPY rose to 125.29 from the opening price of 124.62. (Continue Reading ..)
At 11:19 BST, the European currency was up 0.4 per cent to 88.14p against its British counterpart, having earlier reached a one-week high of 88.48p, Reuters reports.
Finance ministers approved a €30 billion (£26.4 billion) package to help Greece tackle its debts yesterday and the news gave a boost to the euro, which has been suffering in recent weeks due to uncertainty surrounding the country's fiscal position.
Credit Agricole analysts were quoted by the news source as saying that while the pound "has had a reasonable run of late" the currency may be in for a "testing week".
However, the pound was up against the dollar, reaching $1.5486 earlier in the day - the highest since late February.
Sterling was broadly down last week, due partially to the release of worse-than-expected economic data relating to the UK's services sector.