English 
简体中文 Ask (Offer) – price of the offer, the price you buy for. Bank Rate – the percentage rate at which central bank of a country lends money to the country’s commercial banks. Bid – price of the demand, the price you sell for. Broker – the market participating body which serves as the middleman between [...]
Archive for June, 2007
UK earnings slow more than expected
Fears of an inflationary wage spiral eased on Wednesday after data showed that average earnings growth slowed by more than expected in the three months to April. The labour market report from the Office for National Statistics showed that average earnings including bonuses climbed by 4 per cent, the weakest growth since September. April’s number [...]
Opening a Trading Account
Opening a new online trading account with a Forex broker can be done in three simple steps: Selecting an account type Registration Activating your account Before trading a dime of your hard earned money, you may want to think about opening demo account. Actually, open up two or three demos – why not? Itâs all [...]
Tektronix Increases Share Repurchase Authorization
BEAVERTON, Ore., June 25 /PRNewswire-FirstCall/ — Tektronix, Inc. (NYSE:TEK) announced today that its Board of Directors authorized an incremental $350 million to repurchase shares of common stock in the open market and in privately negotiated transactions under the company’s share repurchase program. Since this share repurchase program was initiated in January 2000, including today’s authorization, [...]
EUR/USD Rallies at Trading Week End
Last day of a Forex trading week brought some good results for EUR/USD currency pairs, moving it past 1.3450 level (but still not breaking the recent downtrend). The main reasons of such behavior of EUR/USD can be seen in slightly better than expected April industrial orders which in year-to-year period changed by +12.2% against +8.7% [...]
Choose the right online forex broker
Selecting the online forex broker the right way. Firstly, make sure you have someone reliable and avoid signing up with those hit-and-run online site. Most online forex website offers free and limited online demo. It is good to start exploring before you sign up. Other factors to be considered when choosing a broker including safety [...]
Yen Falls to All Time Low
The President of Japan’s Central Bank announced that a rate hike is unlikely, which is good news for currency traders. “As long as we don’t have any tick up in the global risk aversion, then carry trade will remain the dominant theme for FX markets, and the weak yen,” said Niels Christensen, foreign exchange strategist [...]
Forex Essential Tips – Part 4
10. Trade on the news – Most of the really big market moves occur around news time. Trading volume is high and the moves are significant; this means there is no better time to trade than when news is released. This is when the big players adjust their positions and prices change resulting in a [...]
Forex Essential Tips – Part 3
7. No strategy – The aim of making money is not a trading strategy. A strategy is your map for how you plan to make money. Your strategy details the approach you are going to take, which currencies you are going to trade and how you will manage your risk. Without a strategy, you may [...]
Forex Essential Tips – Part 2
4. Over-cautious trading – Like the trader who tries to take small incremental profits all the time, the trader who places tight stop losses with a retail forex broker is doomed. As we stated above, you have to give your position a fair chance to demonstrate its ability to produce. If you don’t place reasonable [...]
