4th, Jul 2009 Saturday

Daily Forex Comments

02nd, Jul 2009 US Dollar, Japanese Yen Up Sharply as Disappointing US NFPs Stoke Flight-to-Safety

Terri Belkas Clear indications from this morning’s US non-farm payrolls (NFP) report that the pace of job losses had accelerated, rather than slowed, was the driver of price action for the markets. More

01st, Jul 2009 US Dollar, Japanese Yen Down Ahead of US Non-Farm Payroll (NFP) Report – What to Expect

Terri Belkas The US dollar and Japanese yen both ended Wednesday mostly lower as demand for riskier assets rose amidst some surprising US economic releases. More

30th, Jun 2009 US Dollar, Japanese Yen Gain as Drop in US Consumer Confidence Hurts Investor Sentiment

Terri Belkas The US dollar and Japanese yen regained a bit of ground on Tuesday as disappointing economic news cooled optimism throughout the financial markets. More

25th, Jun 2009 US Dollar Gains on Fed-Induced Flight-to-Safety – Watch for Q1 GDP Revisions on Thursday

Terri Belkas The US dollar started out the day on a rather strong note, gaining through the European and US trading sessions, as data showed that US durable goods orders surprisingly jumped 1.8 percent in May, as forecasts had called for a slight contraction. More

25th, Jun 2009 US Dollar, Japanese Yen Lag as Risk Appetite Sends Carry Trades, Equities Higher

Terri Belkas The US dollar and Japanese yen fell this afternoon as risk appetite picked up on reports that the Federal Reserve has decided to scale back some of their liquidity programs, suggesting that conditions have improved. More

23rd, Jun 2009 British Pound Slumps vs. Low Yielders as UK Home Prices Fall for First Time Since January

Terri Belkas The British pound ended Monday mostly lower, losing against the US dollar, Japanese yen, euro, and Swiss franc but gaining versus the commodity dollars. More


(UTC/GMT)	Frankfurt	Istanbul	London	New York	Sydney	Tokyo

*Disclaimer: Trading Foreign Exchange (Forex) carries a high level of risk and may not be suitable for all investors. There is a possibility that you could sustain a loss of all or more of your investment therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with Foreign Exchange trading.
Before deciding to participate in Forex trading, you should carefully consider your investment objectives, level of experience and risk appetite. There is a significant learning curve to trading successfully in Forex. Most importantly, do not invest money you cannot afford to lose. Forex investing is not ideally suited for investment of retirement (IRA) accounts.

There is considerable exposure to risk in any foreign exchange transaction. The market remains open 24 hours a day for 5 ½ days. This means that unexpected events may affect your investment while you are resting. Any transaction involving currencies involves risks including, but not limited to, the potential for changing political and/or economic conditions that may substantially affect the price, spread, or liquidity of a currency. The most enticing aspect of trading currencies is the high degree of leverage used. Leverage seems very attractive to those who are expecting to turn small amounts of money into large amounts in a short period of time. However, a high leverage refers to the speed at which an account gains or loses money. One cannot hope to make extraordinary gains without taking extraordinary risks. Leverage should be gradually increased, as trading performance improves.

There also additional risks that affect your Forex investments, such as, but not limited to: losing internet connectivity for various reasons (your machine, your ISP provider, your dealer's servers, your dealer's ISP provider), computer or server malfunction, software upgrade disruptions, and inappropriate usage of trading tools. As a result, prudent investors should be prepared for unexpected contingencies by implementing appropriate procedures such as having: multiple computers setup for trading, multiple ISP providers, your dealer's phone number on speed dial to assist with trades, and print outs of account number and open tickets. In addition, investors should always gradually upgrade their operations by starting with a demo testing period, followed by setting up a mini account, and upgrading to a live account if all tests are working to plan.

Do you know this?