Forex trading currency market tip news

Euro Edges Higher, In Spite of Uncertainty Following Elections
Learn forex trading with a Euro in forex trading

Euro is edging higher right now in forex trading on the currency market, even as uncertainties about Europe and the eurozone are raised by the results of elections this past weekend. It's been a bit of a wild ride, but here are the results of elections in the eurozone this past weekend:

  1. In France, Francois Hollande beat Nicolas Sarkozy. Hollande is against austerity, and his relationship with Germany is likely to be strained as the eurozone moves forward, trying to figure out how to stimulate growth while containing sovereign debt contagion.
  2. In Greece, pro-bailout parties that agreed to austerity measures have been outvoted. Non-mainstream parties against the austerity measures have been voted more seats, and Greece's further involvement in the eurozone is in doubt.
Even though the euro fell at this news initially, the 17-nation currency is now higher, finding resiliency and gaining against the US dollar in forex trading. 

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Source: Forex Analysis | GFT Forex

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I don't think so

2007-10-30 20:52:41 by NDXtrader

Buffet is an excellent investor and from what I've heard makes about 30% a year. Some traders make well over 100% per year. I know that FXCM, a forex broaker runs a trading contest every month and last month's winner made over 500% in one month.

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By Stoyan Mihaylov | Forex | Jun 08, 2012 09:19AM GMT | Add a Comment After yesterday's precise test of 1.2630 resistance area, today's outlook is bearish for a slide through 1.2410, en route to 1.2290. Crucial resistance on the upside is 1.2545, …

cross currencies that are traded in the fx market
cross currencies that are traded in the fx market

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