Archive for December 17th, 2007

EURUSD is testing the 21 hour MA | Forex News | Forex Trading News | Currency Trading & FX Market News

Monday, December 17th, 2007

EURUSD is testing the 21 hour MA

Posted by GregMikeFX on Mon, 12/17/2007 - 3:43pm in EURUSD

The level is 1.4400.  A move above this level would suggest the short term bottom may be in place and a move to 1.4454 (high for the day) and 1.4490 (38.2% retracement of the last move down - see chart).

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Treasury’s Paulson says mortgage industry plan will not stop every foreclosure (The Forex Market)

Monday, December 17th, 2007

WASHINGTON (Thomson Financial) - A plan by mortgage servicers and investors to help struggling homeowners continue to make payments in the face of rising mortgage interest rates will not prevent every foreclosure, Treasury Secretary Henry Paulson said today.

This entry was posted on Monday, December 17th, 2007 at 12:13 pm and is filed under Arizona Mortgage Info . You can follow any responses to this entry through the RSS 2.0 feed. …

Treasury’s Paulson says mortgage industry plan will not stop every foreclosure (The Forex Market)

Monday, December 17th, 2007

WASHINGTON (Thomson Financial) - A plan by mortgage servicers and investors to help struggling homeowners continue to make payments in the face of rising mortgage interest rates will not prevent every foreclosure, Treasury Secretary Henry Paulson said today.

This entry was posted on Monday, December 17th, 2007 at 12:13 pm and is filed under Arizona Mortgage Info . You can follow any responses to this entry through the RSS 2.0 feed. …

Carry Trade Unwinds On US Dollar Strength - Daily FX

Monday, December 17th, 2007

Carry Trade Unwinds On US Dollar Strength

Daily FX, - 4 hours ago

In fact, over the last week the DailyFX Dynamic Carry Trade Basket was down by nearly 810 pips. The biggest losses were taken in the long position we held

Carry Trade Unwinds On US Dollar Strength - Daily FX

Monday, December 17th, 2007

Carry Trade Unwinds On US Dollar Strength

Daily FX, - 4 hours ago

In fact, over the last week the DailyFX Dynamic Carry Trade Basket was down by nearly 810 pips. The biggest losses were taken in the long position we held

Gold & silver slip as palladium stages surprise rally - FXstreet.com The Foreign Exchange Market

Monday, December 17th, 2007

Gold silver slip as palladium stages surprise rally

FXstreet.com The Foreign Exchange Market, - 8 hours ago

EUR/USD gained 1.6% across the week, closing Friday at 1.4415, and is likely to remain in a volatile mood this week as traders position themselves for the

Gold & silver slip as palladium stages surprise rally - FXstreet.com The Foreign Exchange Market

Monday, December 17th, 2007

Gold silver slip as palladium stages surprise rally

FXstreet.com The Foreign Exchange Market, - 8 hours ago

EUR/USD gained 1.6% across the week, closing Friday at 1.4415, and is likely to remain in a volatile mood this week as traders position themselves for the

January Forex Trading Contest

Monday, December 17th, 2007

I’m starting up the Forex Trading Contests on Oanda again. They were relatively successful in the past so I figured I’d try to organize them again to start in 2008.

Sorry, there won′t be a prize for the January contest. Last time I offered $100 Amazon gift certificates to three winners. I wanted to see how this contest went and maybe offer prizes again in February.

Why should you join… to sign up before then.

To read more about it or to join, go to the Forex Contest page

January Forex Trading Contest

Monday, December 17th, 2007

I’m starting up the Forex Trading Contests on Oanda again. They were relatively successful in the past so I figured I’d try to organize them again to start in 2008.

Sorry, there won’t be a prize for the January contest. Last time I offered $100 Amazon gift certificates to three winners. I wanted to see how this contest went and maybe offer prizes again in February.

Why should you join… to sign up before then.

To read more about it or to join, go to the Forex Contest page .

FOREX Broker Not Needed: Trading Foreign Currencies the Simple Way

Monday, December 17th, 2007

 

Learning to trade in the Forex currency market can be a daunting task for investors wanting to diversify their stock portfolio to hedge against the weak US dollar. The Forex exchange may appear a bit too “foreign” to stock investors who are only familiar with trading on the stock markets. There is a better option in which an investor will not have to open a Forex broker account or change… the actual Forex currency market is very liquid, the currency ETFs are not at the moment. It may