09th of October 2006
Set Realistic Forex Trading Goals

Many new Forex traders begin with the idea that they are going to hit the home run right off the bat. So with great expectations they open a mini account with the minimum of $200-$2000 and immediately jump in. These expectations, while exciting, are completely unrealistic.

21st of September 2006
USD Pressured After Fed Survey

Last Friday, the dollar continued its two-week slide against the Euro following a Philadelphia Federal Reserve survey indicating that the U.S. economy is in fact slowing down.

11th of September 2006
Human Rights Topics Not Linked to Trade Talks Between China and the EU

The shadows of China's long history of human rights violations has often been somewhat of a millstone around the Asian powers neck when it came to dealing with western interests. That seems to have changed as the European Union and China have opened new talks on trade and energy. During this round of negotiations, the EU has made it very clear that progress will not hinge on China making progress on issues concerning human rights.

31st of August 2006
Canadian Trade Surplus Falls to $4.2 Billion

All is not well in Canada. After economists had predicted that Canada's account surplus would be $6.1 billion, the reality was a surprise when it turned out to be a surplus of $4.2 billion in the second quarter of 2006. This is down more than $4 billion from the previous quarter, and obviously lower than analysts had predicted.

25th of August 2006
Indian Rupee Advances

For the past four weeks the Indian Rupee has continued to advance. This month long rally by the Indian currency has been fueled by speculation that overseas investors will increase their stock purchases to take advantage of the strong showing. This four week winning streak by the Rupee is the longest since January.

20th of August 2006
Euro Holds Steady

Spurred on by a euro zone economy that saw its fastest growth in six years, the euro held steady against the dollar and rose versus the yen. The change in the euro zone economy seems to come from the gathering strength of the German and French economies.

06th of August 2006
Euro Boosted as Dollar Falls

In London trading the dollar was weaker, hitting 19 day lows versus the euro following a train of dips reflecting weak US second-quarter GDP data on Friday, July 28th.

15th of July 2006
Nikkei Slides as Exporters Drop

TOKYO: The Nikkei average slid 1.40% on Monday, impacted by losses in exporters such as Toyota Motor Corp., after U.S. employment data raised fears about an economic slowdown and inflation in the key market for Japanese goods.

14th of July 2006
June Job Growth Weaker

WASHINGTON: The Labor Department's employment report released Friday revealed that U.S. employers added 121,000 workers to their payrolls last month - fewer than expected - but that the jobless rate stayed at a five-year low and hourly earnings rose.

13th of July 2006
European Stocks Recede

LONDON: European stocks dropped, with London shares drifting lower as investors prepared to memorialize the victims of last year's deadly July 7 bombings.

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EUR/USD 1.1/12 1.22 1.23
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