Forex news is an important part of forex trading, forex market is traded with two kinds of analysis technical & fundamental. Trading with forex news, events, seminars and expo are normally considered as a fundamental aspect of trading. Forex news like political event, economic data release, central bank chief’s speech, economic & global leader conference,...
Read more
Daily Market Review-23rd August 2013
The index of U.S. leading indicators climbed in July by the most in three months, signaling improvements in housing and labor markets will help foster faster economic growth through year-end. The Conference Board’s gauge of the outlook for the next three to six months increased 0.6 percent after no change in June, the New York-based...
Read more
Daily Market Review-21st August 2013
According to Freddie Mac, Mortgage rates have jumped from near-record lows in May to 4.4 percent last week on 30-year fixed loans, amid anticipation that the Fed will slow its purchases of securities backed by real estate later this year. The central bank probably will announce a reduction on Sept. 18, according to a report...
Read more
Daily Market Review-20th August 2013
Wall Street continues its negative trend from last week to complete the longest sequential drops this year in anticipation for the publishing of last week’s federal bank meeting protocol. The USA bond market closed negatively and the 10 year yield on 10-year bonds rose by 0.05% to a level of 2.88%, after climbing to a...
Read more