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EUR/USD continued its decline today before and after the release on the oil inventories showed a rather small gain. Traders are also reacting to the yesterday’s news and to the elevated level of risk aversion. The currency pair is currently trading near 1.2818.

Crude oil inventories rose by 0.4 million barrels in U.S. during …

When a newbie trader enters the world of Forex trading he barely knows anything and often isn’t very successful. But after gaining some basic experience, reading some educational books on Forex and mastering some of the simple position management techniques a trader becomes confident in his skills. Unfortunately, such confidence …

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

…

EUR/USD extended its rally at the start of today’s trading session and reached highest level since May 5, but paired its gains and currently trades near the opening level. It may yet rebound as today’s report suggested that confidence of U.S. consumers fell significantly. EUR/USD trades near 1.2938 …

EUR/USD advanced for the third day on today’s Forex session after Spain auctioned its debt, easing concern for the nation’s fiscal system and for Eurozone economy, while news from the U.S. remain bad. True that the U.S. economy continues to expand, but with the constantly slowing pace how long can it …

The euro went down today at the start of the trading session against the dollar after industrial production in Europe expanded less than expected and Spanish financial institutions borrowed record amount from the European Central Bank. Unfavorable reports from the U.S. pushed the dollar down later. While concern about the state of European …

EUR/USD currency pair went up, following two days of losses, after Greece auctioned its debt, despite it fell at the star of trading session as Moody’s Investor Service has cut Portugal’s credit rating. Widening U.S. trade balance deficit hadn’t helped the dollar to outperform the euro. EUR/USD trades …

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

…

EUR/USD currency pair extended its rally today for a third straight day as forecasts promise faster global economic growth, while the U.S. growth shows signs of slowdown. While the report about the jobless claims were a pleasant surprise, the non-manufacturing sector and the data about consumer credit showed a much worse numbers …

My latest addition to the list of Forex brokers on EarnForex is Gedamo Investment. It’s a Swedish broker that is registered (but not supervised) by their Financial Inspection Service. They are aimed on rather big traders as their minimum account size is €2,000, which …