Monthly Archives: February 2012

Latest Technical Analysis

Posted on February 27, 2012 by admin

Tweet The efficient market hypothesis stands in direct contrast to many of the tools that Forex traders use, including technical analysis methods. This theory states that market prices are not predictable because of the fact that asset prices fluctuate based upon consumer supply and demand. In other words, a currency cannot be traded above its natural progression levels for long periods of time because returns, on average, will be based upon the average market return. Any profits above this amountRead more ….

No End in Site for Euro Debt Crisis

Posted on February 21, 2012 by admin

Tweet It was announced early today that Greece has officially been awarded a financial bailout. The 130 billion Euro bailout will prevent Greece from defaulting on bonds and will have an ongoing benefit to help Greece restore its economy back up to acceptable levels. This saving of the Greek economy has implications that range across the entire Euro zone. By saving Greece, this should have a positive effect over all of Europe, including its official currency, the Euro. The EuroRead more ….

The Canadian Dollar is Dropping

Posted on February 16, 2012 by admin

Tweet The Canadian dollar (CAD) has been experiencing a drop off in volatility in comparison the U.S. dollar (USD). This is the lowest that the volatility rate has been in almost an entire year. This comes as no surprise given that the CAD has been rising steadily in value over the last several months. The CAD/USD rate was once under 0.96 back in the beginning of December. Now, it is up above 1.00, making it worth slightly more than theRead more ….

Greek Debt Crisis Continues

Posted on February 10, 2012 by admin

Tweet The 17 nation Euro zone has put Greek debt discussions on hold, despite looking like it was about to announce a solution just the day before. This has caused stocks around the world to sink in price as a solution now appears to be in limbo for the time being. Greece as a nation has agreed to pay cuts for officials, layoffs, and other cuts in spending across the nation, but an answer for its creditors now is asRead more ….

Where is the Pound Going Now

Posted on February 8, 2012 by admin

Tweet The pound lost about 0.50 percent of its value in comparison to the dollar on Wednesday, February 8. This comes after a few days of steadily rising prices. Midway through Monday the 6th, the GBP stood at just below 1.574 before rising in value up to above 1.592 Early Wednesday. But Wednesday’s trading sessions saw the price drop quite a bit back to the previous week’s value of around 1.581. This is apparently a sign of future things toRead more ….

Yen Against the Dollar

Posted on February 7, 2012 by admin

Tweet The dollar is performing well around the world, thanks in part to a current lack of trust in the Euro. Thanks in part to the Greece debt crisis, the dollar has been slowly climbing. Japan, for the first time in a long time, has posted some economic struggling as well, although not nearly in the same boat as Europe. 2011 saw Japan post a trade deficit for the first time in over 30 years. And while Japan’s trading deficitRead more ….

US Dollar and Market Conditions

Posted on February 1, 2012 by admin

Tweet The United States’ dollar continued to fall again on Wednesday, February 01, 2012, in relation to the Euro, the British pound, and the Japanese yen. The Euro was the biggest mover, going up about 0.60 percent in relation to the dollar. This marked the latest in a choppy week where the EUR/USD has see-sawed back and forth between 1.305 and 1.320. At the time of this writing, the EUR/USD stood at 1.3167. Fundamental analysis is dictating the movement ofRead more ….