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29th, Jul 2008 / 11:06Australian, New Zealand Dollar Recover, Canadian Dollar Continues Lower

The Australian and New Zealand dollars have recovered on mixed economic data and broad dollar weakness. House prices in Australia rose 4 percent last month after dropping 5 percent the previous month. More

29th, Jul 2008 / 11:06Yen Crosses Tumble on Equity Market Weakness

The weakness in the US equity market drove all of the Japanese Yen crosses lower. Even though we have a very busy Japanese economic calendar this week, the equity markets will continue to dominate the price action of the Yen crosses.

29th, Jul 2008 / 11:05British Pound Edges Higher But Gains Should be Limited

The British pound edged higher against the US dollar today but the gains should be limited. In fact, the pound only rallied against the dollar as the currency lost ground to the Euro, Japanese Yen and Swiss Franc.
More

29th, Jul 2008 / 11:03Euro: German Consumer Confidence Hits 5 Year Low

The Euro strengthened against the US dollar but economic data continues to take a turn for the worse. German consumer confidence fell to the lowest level in 5 years as income expectations plummet. More

29th, Jul 2008 / 11:02tocks Drop but is this the End of the Dollar Rally?

The US stock market dropped more than 230 points today, dragging the US dollar down with it. There was no US data released today and the primary explanation for the drop in stocks is the rise in oil and concerns about the seizure of two banks by the FDIC this weekend. More

09th, Jul 2008 / 10:00What Bernanke Could be Hinting About Interest Rates

The sharp drop in oil prices has helped to strengthen the US dollar. Pending home sales dropped more than expected, but it has failed to put a dent in the greenback which continues to follow equities higher. T

22nd, Jun 2008 / 23:03Euro: Has Inflation Hurt Businesses?

The Euro strengthened against the US dollar as producer prices in Germany grow by the fastest pace in nearly 2 years. It is actually a bit surprising that the Euro still responds to stronger inflationary pressures which is nearly a given considering that food and energy prices continue to climb. More

22nd, Jun 2008 / 23:03Can the British Pound Extend its Gains?

Can the British Pound Extend its Gains?
Commodity Currencies: A Mixed Bag
Relationship between Carry Trades and the Dow has Broken
More

22nd, Jun 2008 / 23:02US Dollar: First Oil Summit, then Fed Meeting

The US dollar faces two major event risks next week – the Oil Summit in Jeddah and the FOMC rate decision. This weekend, Saudi Arabia will be hosting an Oil Summit in the city of Jeddah, located on the coast of the Red Sea. More

19th, Jun 2008 / 23:34British Pound Soars as Consumer Spending Growth Hits Record Levels

British Pound Soars as Consumer Spending Growth Hits Record Levels
More Gains for the Canadian, Australian and New Zealand Dollars
Mild Gains in the Dow Lead to Mixed Trading Day in Yen Crosses More

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*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.

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