Friday, September 3, 2010

Online Forex Trading Strategy - How to Make Currency Trading Systems Work For You

It is our continuous effort to bring best of forex education to our readers. Currency trading is a very lucrative now a days & many people are getting attracted to Forex trading. Many of us don't even think twice before starting forex trading. 

We have always insisted that you should get a good understanding of the forex trading mechanism before you start any trading in forex.

We have reproduced below a good article by Matthew Bonseas on Forex Trading Strategies.

Euro Gains Due to Positive Global Data

The Euro gained against most of its major counterpart currencies due to encouraging global economic conditions.

EUR/USD
The EUR/USD pair went up by over 100 pips reaching at 1.274 levels during early trading hours. The pair closed at around the 1.268 level.
The Euro soared by about 100 pips against the Great British pound and it gained about 50 pips against the Japanese yen.

The Euro
strengthened yesterday as economic indicators published from the U.S. and the Euro-Zone have put down to rest the concerns about the global economic slowdown.

Home Prices in United States