Archives for May 2008

UPDATE 1-US to release China currency report on Thursday – Reuters(Forex News)

Thomson Reuters is the world’s largest international multimedia news agency, providing investing news, world news, business news, technology news, headline news, small business news, news alerts, personal finance, stock market, and mutual funds information available on Reuters. Thomson Reuters journalists are subject to an Editorial Handbook which requires fair presentation and disclosure of relevant interests. NYSE and AMEX quotes delayed by at least 20 minutes. Nasdaq delayed by at least 15 minutes. read more

[Tags]news, reuters, business, delayed, minutes, thomson, forex news[/Tags]

Topic: Forex Articles – Various Choices on Online Currency Trading Software

To bring success to your online trading, you should be equipped with the right online currency trading software. It owes its success to its online currency trading software which has the capabilities to meet most superior trading software needs. This trading software also comes from Global Forex Trading, which is a top competitor in the currency trading companies market. Whether using trading software for computers or mobile devices, you should focus more on choosing which software has the greater features and services for your trading needs. read more

[Tags]trading, software, online, currency, , forex, forex articles[/Tags]

Forex – Pound retreats after another batch of soft UK data – Forbes- Topic: Forex News

LONDON (Thomson Financial) – The pound has been hit hard, particularly against the dollar, this morning after another batch of disappointing UK economic data overnight ratcheted up the pressure on the Bank of England to cut interest rates again in June. While the Royal Institution of Chartered Surveyors said a record number of its members reported house price falls in the three months to April, the British Retail Consortium revealed that retail sales fell in April, the first time since 2005 that sales have declined for two straight months. Gavin Friend, currency strategist at Commerzbank, said the ‘central question’ for the pound in the short-term outside of any reaction to today’s CPI data is ‘to what extent will the MPC look through a multi-month period of elevated prices and instead towards economic weakness lasting well into 2009’. The copying, republication or redistribution of Thomson Financial News Content, including by framing or similar means, is expressly prohibited without the prior written consent of Thomson Financial News. Neither the Subscriber nor Thomson Financial News warrants the completeness or accuracy of the Service or the suitability of the Service as a trading aid and neither accepts any liability for losses howsoever incurred. The content on this site, including news, quotes, data and other information, is provided by Thomson Financial News and its third party content providers for your personal information only, and neither Thomson Financial News nor its third party content providers shall be liable for any errors, inaccuracies or delays in content, or for any actions taken in reliance thereon. read more

[Tags]news, data, financial, thomson, april, content, forex news[/Tags]

Topic: Forex Articles – What exactly is the mechanical system of trading

If you are looking for a systematic, mechanical way of trading the Forex markets, a mechanical trading system may prove a great help to you. In order to enjoy the simple process of trading, it is very important for you to be aware of the concept of a mechanical trading system. It is a kind of trading system where some specific rules are compiled and implemented with an objective to filter out the noise in the market in order to find out the specific conditions in which the trade could be opened with a simple process; that too, without any element of indecision. The greatest thing about a mechanical trading system is that it simplifies the complete trading process in a way that keeps emotions out of the equation. read more

[Tags]trading, mechanical, system, process, decision, forex, forex articles[/Tags]

Forex News – FOREX-Dollar extends gains versus euro, yen on retail data – Reuters

Thomson Reuters is the world’s largest international multimedia news agency, providing investing news, world news, business news, technology news, headline news, small business news, news alerts, personal finance, stock market, and mutual funds information available on Reuters. Thomson Reuters journalists are subject to an Editorial Handbook which requires fair presentation and disclosure of relevant interests. NYSE and AMEX quotes delayed by at least 20 minutes. Nasdaq delayed by at least 15 minutes. For a complete list of exchanges and delays, please click here . read more

[Tags]news, reuters, business, delayed, minutes, thomson, forex news[/Tags]

Foreign currency lending remains a key risk to Hungarian banks – Fitch – Forbes- About: Forex News

Foreign currency lending remains a key risk to Hungarian banks – Fitch – Forbes. BANGALORE (Thomson Financial) – Fitch Ratings said foreign currency lending in Swiss francs and Japanese yen remains a key risk to the Hungarian banking sector’s financial stability and is unlikely to disappear in the near future. The copying, republication or redistribution of Thomson Financial News Content, including by framing or similar means, is expressly prohibited without the prior written consent of Thomson Financial News. The content on this site, including news, quotes, data and other information, is provided by Thomson Financial News and its third party content providers for your personal information only, and neither Thomson Financial News nor its third party content providers shall be liable for any errors, inaccuracies or delays in content, or for any actions taken in reliance thereon. read more

[Tags]financial, news, thomson, currency, foreign, content, forex news[/Tags]

Trading Forex Successfully(Forex Articles)

In fact, you’re going to have to spend quite a lot of time practicing and studying to learn what you need to before you even begin to trade with real money. Once you have chosen a broker, open an account with the Forex broker you choose so that you can practice trading without risking real money and can learn your way around a proper trade. Another thing to remember about this particular kind of practice trading is that you need to learn how to lose on a trade without panicking, too, and demo trading can help you do just that. Forex trading gets lots of press for being “easy” money, but it’s not and it’s still a risk to do trading in the Forex market. read more

[Tags]forex, trade, learn, money, successful, trading, forex articles[/Tags]

Forex Trading – The Deadly Mistake That Brings Inevitable Ruin- About: Forex Articles

There are several elements to the mental trap that people get caught in when they first start trading that sets them on the wrong course, but one particular error is the one that virtually guarantees failure, or at least a rather lengthy and loss-filled road in becoming a successful trader. The essence of the trading activity is definitely within the ability of most to grasp, however trading as an occupation does have a substantial body of knowledge to absorb and specific skills that are necessary to trade profitably and consistently. It has been documented in studies on the obstacles to learning that have found that there are specific physiological reactions when a person encounters this particular phenomenon – that of starting too high up in a learning gradient or missing foundational knowledge while trying to grasp concepts at a given level. There is no required training or certification before a person is allowed to put themselves and their capital at real risk, so the high percentage that fail is simply the result of inadequate warning and preparation for what the business of trading entails. If a person can find a mentor that is aware of this particular obstacle and the others that are present in the development of a trader, then chances are likely for a positive trading experience. Most however choose to do it themselves or simply make it on sheer persistence alone, while receiving the lessons of trading the hard way – through personal experience and numerous losses. read more

[Tags]trading, , knowledge, make, person, trader, forex articles[/Tags]

Forex Articles – Forex Trading Robot: Trade Forex 24 Hours a Day

Forex trading is risky, you can loose large amounts of money if you don’t know what you are doing. Since Forex trading robots don’t sleep, this software can run 24 hours a day and therefore, giving you the advantage of not missing any money making opportunities when the Forex market changes. You can benefit from a trading robot if you have a day job but want to earn money in the Forex market. Before you start trading in the Forex market, make sure to read our extensive Forex Manual . read more

[Tags]forex, trading, market, money, , day, forex articles[/Tags]

Topic: Forex News – Malaysia to launch second foreign currency tranche – Malaysia Star

More than 85% of the companies listed on the stock exchange were Shariah-compliant, representing about 60% of total market capitalisation, she said. Zeti said there were about 130 Islamic unit trusts issued in Malaysia and two Shariah-compliant real estate investment trust listed on the stock exchange. She said the first of five growth areas launched in Malaysia, Iskandar Malaysia was expected to receive up to US$100bil in investments over the next 25 years. More News Business Headlines AMMB posts RM668m net profit for FY08 Mudajaya to build hotel for Tune Hotels in Sepang Vistajet to invest RM192m in SkyPark Subang Maybank targets 30% revenue growth from e-payments Astro up on privatisation talk, YTL Power slides Malaysia’s industrial output up 3% on-year Keladi Maju chairman’s wife sells 23m shares KPS, JAKS, water-related stocks up in early trade Steel stocks rise Public Bank shares hit record high on good figures MISC net profit dips 15% to RM2. read more

[Tags]malaysia, 60, exchange, growth, investment, islamic, forex news[/Tags]