new way for forex trading..


                                     It is the new way for forex trading.

Comments

Post a Comment

Popular posts from this blog

Greece was not ready for euro admits ex Bundesbank head

Image
Greece should not have joined the euro, a former head of the German central bank, who was central to eurozone policymaking at the time, has said. But Ernst Welteke, who was Bundesbank president from 1999-2004, told the BBC that none of the eurozone's problems would be solved if Greece left. He added there should be greater transfer of wealth from richer parts of the eurozone to poorer parts. He said he was confident measures were in place to ensure the euro's survival. "The euro is not in as big a danger as is often recorded," Mr Welteke told Business Daily on the BBC's World Service. "The euro has been stable [for] 10 years, inside and outside the European Monetary Union (EMU)." Strong union He said that, in hindsight, it was clear that Greece was not ready for the euro. "We can say that Greece should not have joined the EMU, but that doesn't help." He sai...
Read more

Italian stocks lead Europe as budget deficit fears quelled

LONDON (Reuters) - Italian stocks turned from a drag into a boost for European markets on Wednesday as signs the government would target a lower budget deficit quelled investors’ fears of a damaging showdown with the European Commission. Italian bank stocks jumped as much as 3 percent after government bond yields fell back and the spread to Bunds narrowed thanks to reports the government was targeting a lower budget deficit in 2020 and 2021. Still in the thrall of developments on the Italian front, the leading euro zone stocks index and the pan-European STOXX 600 climbed 0.3 percent with bank stocks the best-performing, up 0.8 percent. Italy’s FTSE MIB outperformed, up 0.5 percent with the banks index last trading up 0.7 percent. Unicredit and Intesa Sanpaolo were among the top gainers, up 2.6 percent each, while Mediobanca, UBI Banca, and Banco BPM also rose as much as 5 percent. Banks, which have large sovereign bond holdings, suffer the most from selloffs in the bond mark...
Read more

Dollar hits fresh two-month low vs. yen after U.S. GDP

Image
SINGAPORE/SYDNEY (Reuters) - The dollar hit a fresh two-month low versus the yen and eight-month trough against sterling on Monday, staying under pressure after data last week showed disappointing first-quarter  economic growth . The dollar fell to 80.10 yen at one point on trading platform EBS, its lowest level since late February, and was last changing hands at 80.18 yen, down 0.1 percent from late U.S. trade on Friday. The dollar has come under broad pressure after data on Friday showed U.S. economic growth cooled in the first quarter partly as businesses cut back on investment, bolstering the Federal Reserve's case that interest rates should be kept near zero at least through late 2014. The slowdown also kept alive market speculation that the Fed may eventually launch another bond buying program, or a third round of quantitative easing. "A flavor of QE is back in the air, driving the USD lower and risky assets higher," said Sebastien Galy, strategist ...
Read more