The Dollar’s Bubble has Burst
Thursday, December 18th, 2008 Posted in Currencies | No Comments »The past 10 days of trading have finally put an end to the dollar's 3-month bullish run. The Eurodollar rose close to 16% in this time frame, effectively ending the dollar's rally. Those that sought safety in the dollar during ...
Crude Oil Prices Float in Anticipation of OPEC Meeting
Friday, November 28th, 2008 Posted in Commodities, Crude Oil | 1 Comment »Analysts have been ramping up this weekend's meeting between the Organization of Petroleum Exporting Countries (OPEC) as there is a prediction that they will decide on a rather large production cut. Adding to this speculation was a recent statement made ...
The Canadian Dollar in Today’s Market
Thursday, November 6th, 2008 Posted in Currencies, Market Analysis | No Comments »The Canadian dollar closed 2% higher against the U.S. Dollar on Monday as traders felt the currency's steep October slide left it at more attractive levels. The rise by the Canadian dollar came on the heels of an 11.6 % slide ...
What is Rollover in the Forex Market?
Monday, July 28th, 2008 Posted in FX Education | No Comments »In the spot Forex market, traders must be settled in two business days. If a trader sells 100,000 Euros on Tuesday, the trader must deliver 100,000 Euros on Thursday, unless the position is "rolled over."
EUR in Forex Trading
Thursday, June 26th, 2008 Posted in Currencies, FX Education | No Comments »The Euro is the official currency of the European Union which is comprised of 15 member states known collectively as the Euro-Zone.
Can I Trade Commodities with ForexYard?
Monday, June 23rd, 2008 Posted in Commodities, FAQ, ForexYard | No Comments »Due to customer demand and an increased market trend towards tradable spot commodities, FOREXYARD is happy to announce the addition of spot Gold, Silver and Crude Oil to its online trading platform. Customers will now benefit from the ability to ...