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Every profession has its share of great businessmen, and every profession certainly has its share of con artists too. David A. Smith seems to be one such person who allegedly took over $200 million from more than 6,000 investors located in Orange County, Jamaica, the Turks …
EUR/USD advanced today for the second day as the unemployment claims rose and the leading indicators grew less than predicted in the US. On the bright side, the report about the business activity was very optimistic. The currency pair was slowly declining throughout the day, but began to rise after the reports. EUR/USD trades now at 1.3598.…
EUR/USD was sliding today before the macroeconomic reports from the US were released. The reports showed that US economic growth was slower than estimated, allowing the euro to strengthen a little. EUR/USD now trades almost flat at 1.3502 after jumping as high as 1.3570.
Building permits were at a seasonally adjusted …
EUR/USD rose a little today after it dropped yesterday and currently it looks like it may resume its decline. This day, as well as the next two days, is rich for the macroeconomic data. The reports continue to demonstrate growth of US economy, but some of them were worse than expected. …
Three months ago I’ve listed several ways for brokers to ”cheat” you legally, but those usually aren’t considered a scam behavior. Far more dangerous are the real Forex scams. I was fortunate enough not to open a trading account with a fraudulent broker, but I often read stories …
| Floor Pivot Points | |||||||
|---|---|---|---|---|---|---|---|
| Pair | 3rd Sup | 2nd Sup | 1st Sup | Pivot | 1st Res | 2nd Res | 3rd Res |
| EUR/USD | 1.3199 | 1.3347 | 1.3447 | 1.3595 | 1.3695 | 1.3843 | 1.3943 |
| GBP/USD | 1.5694 | 1.5828 | 1.5915 | 1.6049 | 1.6136 | 1.6270 | 1.6357 |
| USD/JPY | 80.33 | 81.05 | 82.24 | 82.96 | 84.15 | 84.87 | |
EUR/USD declined today for the second day, though the drop is slowing currently, as the social unrest in Egypt intensified as President Hosni Mubarak refused to step down. The US reports were in line with analysts’ forecasts and haven’t showed anything important. EUR/USD trades currently at about 1.3558.
US trade balance posted …
EUR/USD fell today as the report about the US jobless claims didn’t support the prediction of Federal Reserve Chairman Ben Bernanke that unemployment will remain elevated. The budget deficit also showed a pleasant surprise, decreasing much more than analysts expected. EUR/USD trades currently at 1.3599.
EUR/USD currency pair was rising today after the initial decline, but currently shows tendency for weakening. This day, as the whole week, is rather poor on reports. On Monday, though, consumer credit posted an impressive change that was three times bigger than in the previous month. Optimism for the US economy …
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