Oil’s Bearish Run
Monday, January 5th, 2009 Posted in Commodities, Crude Oil, Market Analysis | No Comments »The price of Crude Oil continues to fall despite the current conflict in the Middle East. On Monday, Crude Oil rose 12% as Israel attacked Hamas installations in the Gaza Strip over the weekend. However, since Monday, Oil has continued ...
New Week Promises New Forex Opportunities
Monday, January 5th, 2009 Posted in Currencies, Market Analysis | No Comments »The New Years Eve close of 1.3987 is a benchmark for the U.S. Dollar for this year as many people are wondering what the future of the currency is as the U.S. Interest Rates are at a historic low.
Slovakia Set to Join EUR
Monday, January 5th, 2009 Posted in Currencies, Market Analysis | No Comments »With mixed results against its currency rivals this morning, the EUR may in fact be positioned to lose ground this week. With depreciation against the USD, JPY, and CHF, this European currency may indeed be heading for a reversal to ...
Will this Week’s Employment Data Help the USD?
Sunday, January 4th, 2009 Posted in Currencies, Market Analysis | No Comments »After a harsh couple of weeks, the U.S. Dollar now appears poised to regain some lost ground against its primary currency counterparts. The Dollar had risen to as high as 1.4660 versus the EUR just two weeks ago. Now it ...
Top Currency Pair of 2008
Wednesday, December 31st, 2008 Posted in Currencies, Market Analysis | No Comments »It is customary for our ForexYard analysts to come together around this time and discuss which currency pair was the most interesting to watch throughout the year. It was a tight race between the EUR/USD and the EUR/GBP this year ...
Chinese Yuan vs. the USD
Tuesday, December 23rd, 2008 Posted in Asian Markets, Currencies, Market Analysis | No Comments »For the past decade, China has been the world's fastest-growing economy producing virtually everything from toys and clothing to the most advanced microelectronics. During the same period, China pegged its currency to the U.S. dollar, in an attempt to encourage ...
Tips for the Beginner Forex Trader
Thursday, December 18th, 2008 Posted in FX Education | No Comments »If you recently started trading forex with ForexYard, or if you have just opened a new account, and are about to embark your forex trading experience, I have put together a few basic ideas on how to get started, and ...
How to Benefit from Forex Trading?
Monday, September 8th, 2008 Posted in FAQ, FX Education | No Comments »Everyday, currencies are traded in an international foreign exchange market, otherwise known as the forex market, with the main marketplaces (also known as bourses) existing in the world's financial centers: New York, London, Tokyo, Frankfurt and Zurich.
What is the Foreign Exchange Market?
Thursday, August 28th, 2008 Posted in FAQ, FX Education | No Comments »The Foreign Exchange market is one of the biggest financial markets in the world. It has a sizeable number of investors and the potential for fast and powerful gains. The arrival of the internet made Forex trading grow considerably popular, ...
What is Margin Call in Forex Trading?
Monday, August 25th, 2008 Posted in FAQ, FX Education | No Comments »A Margin Call is a possible event in which a trader possesses losing positions that put him on the verge of entering a negative balance in his Forex account. In order to prevent such a turn of events, a margin ...
How do I Get Started in Forex Trading?
Wednesday, August 6th, 2008 Posted in FAQ, FX Education | No Comments »You may have been hearing about the foreign exchange market (Forex) and the investment advantages it offers. You would like to try it out, but don't know where to start. This short guide will give you the basics in Forex ...
How Do I Deposit via Western Union?
Monday, July 28th, 2008 Posted in FAQ, ForexYard | 1 Comment »Using Western Union is the ideal way to deposit money into a new or existing ForexYard account for clients who do not have a credit card and do not wish to make a bank wire transfer.
How do I Deposit via Credit Card?
Thursday, July 24th, 2008 Posted in FAQ, ForexYard | No Comments »Using a Credit Card is the fastest and easiest way to deposit money into a new or existing Forex account. The deposit by Credit Card is also one of the safest ways to move money when dealing with online trading. ...
Forex Trading Forecast - How Does It Work?
Tuesday, July 8th, 2008 Posted in FAQ, FX Education | No Comments »To predict future outcomes in the Forex market one needs to use one or two methods of forecasting: Technical or Fundamental.
JPY in Forex Trading
Thursday, June 26th, 2008 Posted in Currencies, FX Education | 2 Comments »Let's take a look back in history and join the JPY with its shaping voyage during the past 30 years.
Pip Value Calculation
Thursday, June 19th, 2008 Posted in FX Education | No Comments »In the forex market, a pip (percentage in point) is the smallest increment in any currency pair. For instance, if the EUR\USD pair is currently trading at 1.5530 and then the pair’s rate rises to 1.3010, it means that ...