Forex Blog

Following the day of not so good (rather bad) economical news from U.S. yesterday, markets were surprised by some very optimistic indicators presented today. A reaction on both stocks and Forex markets was supportive with the stocks bulls, EUR and GBP to gain and the bears with JPY and USD to lose somewhat.
Personal…

U.S. macroeconomical data releases get a little less overoptimistic while the subprime lending crisis takes its toll and the carry trade is uncertain. This is the second week after a major carry trade crisis when the major indicators of carry trade, like GBP/JPY and EUR/JPY, are trading flat without…

Boston Trading and Research is a very new Forex broker which site was opened just this year. They offer reasonable trading conditions including MetaTrader 4 platform, PayPal account funding and $500 minimum account size. BTRFX also seems a reliable company, but their quite…

EUR/USD trend: sell.
GBP/USD trend: sell.
USD/JPY trend: sell.
EUR/JPY trend: sell.

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Global stocks markets calmed by central banks’ generous currency interventions last week are doing quite well so far. EUR/USD and other currency pairs influenced by carry trade and subprime lending crisis chain reaction (mostly EUR/JPY and GBP/JPY) also don’t jump madly through and out the support and resistance…

EUR/USD — sell.
GBP/USD — sell.
USD/JPY — sell.
EUR/JPY — sell.

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Federal Reserve of the United States of America lowered its primary credit rate (at which money to the banks are borrowed) from 6.25% to 5.75% to add liquidity to financial and lending markets. Federal Reserve (as the today’s FOMC statement says) is concerned with the current situation of the economy growth and the crisis in the credit sector.…

Today, I’ve been contacted by Neuimexrepresentative and he told me that the company which is under bankruptcy process Neuimex Asset Management AG (Switzerland) and the Forex broker company Neuimex Direct Dealing (NDD) S.A. (British Virgin Islands) are completely different companies. Thus, Neuimex broker continues…

EUR/USD reached its two month minimum and almost broker out of its long-term bullish trend today. World stocks markets continue to fall with the main reason lying in panic caused by the crisis in subprime lending U.S. sector. Cashing out of stocks papers causes also carry trade retreating with…

Neuimex Forex broker, which offered Metatrader 4 trading with e-gold support since 2005 is now bankrupt and is in process of liquidation. The process began in March this year, but many of its clients are still unaware of this because of a lack of any news from Neuimex.

The Swiss Federal

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