ForexCare.NetForex News & Analysis | Online Forex (FX) Trading
Currency News – Friday, 27 February 2009
Economic News
USD – Dollar Floats on Faltering Economy
The Dollar gained against several of it major currency pairs, such as the EUR currency cross in early trading yesterday. However, those gains were quickly eroded as a glut of poor economic data from the U.S. helped to drive the pair back to its opening price level. The [...]
Picking Top-Quality Hedge Funds
With so many hedge funds in the investment universe, it is important that investors know what they are looking for in order to streamline the due diligence process and make timely and appropriate decisions. Search guidelines can be used as performance metrics to determine hedge fund consistency over time and to evaluate the guidelines themselves [...]
Currency News – Thursday, 26 February 2009
Economic News
USD – USD/JPY Climbs Back to November 2008 Prices
The greenback was traded near the highest level against the Japanese Yen since November. This came about from speculation that the U.S. durable goods report may show a decreasing figure, adding to the drop in home sales which boosted the currency’s appeal as a refuge from [...]
Currency News – Wednesday, 25 February 2009
Economic News
USD – Dollar Fundamentals May Generate High Volatility Today
The greenback completed yesterday’s trading session with mixed results versus the major currencies. The USD fell against the EUR yesterday, pushing the oft-traded currency pair to 1.2866. The dollar experienced similar behavior against the CHF as the pair dropped from 116.70 to 115.80 by day’s end. [...]
Currency News – Tuesday, 24 February 2009
Economic News
USD – Dollar Rises as Wall Street Tumbles
The Dollar rose against its main currency pairs in yesterday’s trading while Wall Street recorded some big losses. The Dow Jones dived by a massive 250 points, reaching a 12-year low. This came about after federal authorities released information about the possibility of taking stakes in top [...]
Golden Opportunities By Investing In Gold Commodities Or Futures Contracts
Gold! The word, the glitter and the prospect of unfathomable wealth have been the causes of murder and mayhem, wars and unrelenting fascination for as long as history has been recorded. Gold is so important that it is synonymous for wealth. But having gold nuggets, coins, or futures contracts does not mean your portfolio value [...]
Currency News – Monday, 23 February 2009
Economic News
USD – Mixed Signals coming from the U.S Economy are affecting the USD
Last week was an extremely volatile trading session for the greenback. The Dollar first depreciated against most of the major currencies, however just before the week ended, the USD saw bullish trends at all fronts, driving it back to former levels vs. [...]
Tips For Investors In Volatile Markets
During volatile times, many investors get spooked and begin to question their investment strategies. This is especially true for novice investors, who can often be tempted to pull out of the market altogether and wait on the sidelines until it seems safe to dive back in. The thing to realize is that market volatility is inevitable. [...]
Currency News – Friday, 20 February 2009
Economic News
USD – Dollar Volatility continues as Dow Hits 6-Year Low
The Dollar recorded another day of volatile trading on Thursday, as the U.S. equity market took a beating. The Dow Jones Industrial Average reached a six year low yesterday. One of the main reasons for this was the U.S. banking shares hitting a 17 year [...]
The Lowdown On Penny Stocks
Successful companies aren’t born, they’re made - and they have to work their way from humble beginnings and through the ranks just like everyone else. Unfortunately, some investors believe that finding the next “big thing” means scouring through penny stocks in the hope of finding the next Microsoft (Nasdaq:MSFT) or Wal-Mart (NYSE:WMT). Unfortunately, this strategy will prove to be unsuccessful in [...]
