German retail sales volume for m/m basis falls

Friday, 29 April 2011 12:11

German retail sales volume were released for March with a 2.1% drop, falling for the second month in a row. It.s 2.1% drop for month-on-month basis and 3.5% lower on the year. These values brought Germany to an 11-month low for retail sales.

Read More

Dollar’s poor times

Thursday, 28 April 2011 02:51

The USD weakens against most major currencies making the currency look weak against its rivals. The Japanese currency is recovering against the Dollar after a few ‘bombs’ in Japan from the S&P announcement. The Euro peaked to a 16-month high price against the Dollar at 1.4881 and the Aussie Dollar also gained a fair amount against the U.S Dollar, reaching 1.0947 from 1.0865. Aussie is continuing to look hawkish.

Read More

U.K Gross Domestic Product rose by 0.5%

Wednesday, 27 April 2011 12:10

The GBP climbed higher versus the USD right after the results of United Kingdom’s Gross Domestic Product expansion were released. U.K’s GDP increased by 0.5% for the first quarter of the year, after decreasing by the same amount on the fourth (and last) quarter of 2010; as the National Statistic Online reports announced.

Read More

Greenback Tumbles as Swiss Franc shines

Tuesday, 26 April 2011 02:51

Two important events are expected to take place tomorrow that will have an effect on the Dollar in the forex market. Federal open Market Committee (FOMC) meetings which start today and continue tomorrow; and tomorrow’s press conference with the Federal Reserve Chairman, Ban Bernake. He is expected to discuss the monetary policy matter.

Read More

ECB president’s comments on interest rate cause EUR to slip

Tuesday, 26 April 2011 11:15

For the first time since 2008 the European Central Bank tampered with europes interest rates in order to maintain stabilized prices, the ECB rose interest rates by 0.25% from 1% to 1.25% earlier this month; and now ECB’s president Jean-Claude Trichet is speaking in interviews about the interest rate and inflation views.

Read More

FX Trading with Mega Trader FX

Demo Forex Account

Real Forex Account

Islamic Forex Account

Why Mega Trader FX?

CLOSE
CLOSE