JPY – Yen Sees Mixed Results versus the Majors
The yen finished yesterday’s trading session with mixed results versus the major currencies. The Japanese yen extended gains versus the euro on Monday, to trade around 110.50 levels amid a broad sell off in the euro. The yen experienced similar behavior against the NZD as the pair fell from 63.19 to 62.75 by days end. The yen finished even versus the USD and closed at 84.07.
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Oil higher despite stronger dollar
Oil prices rose on Monday after the European Union agreed on a bailout plan for Ireland. |||
New York – Oil prices rose on Monday after the European Union agreed on a bailout plan for Ireland, which offset some concern that a financial crisis could surface in Portugal and Spain.
The gain came even as the dollar was stronger against other currencies. Since oil and other commodities are priced in dollars, a stronger dollar makes them more expensive for buyers who use foreign currencies.
Benchmark crude for January delivery rose $1.97 to settle at $85.73 a barrel on the New York Mercantile Exchange.
The dollar soared against the euro. In late trading in New York, the euro dropped to $1.3116 from $1.3237 late on Friday. It had earlier fallen below $1.31 for the first time since September 21. – Sapa-AP
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Trissel Graham & Toole honored as Patriotic Employer
Trissel Graham & Toole Inc. has been honored as a Patriotic Employer by the Iowa Employer Support of the Guard and Reserve, or ESGR.
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Shanghai Composite drops 3.1% in late morning
HONG KONG (MarketWatch) — China stocks were under sharp selling pressure late in the morning session Tuesday amid reports that Beijing is preparing to tighten policy as part of efforts to clamp down on inflation. Shanghai’s Composite Index was off 3.1% at 2,778.9, while the China CSI 300 was down 3.4%. Investors were reportedly skittish following news that China’s State Council on Monday announced it would stiffen penalties and step up monitoring to discourage hoarding of goods and price manipulation. Shanghai-listed shares of coal miner China Shenhua Energy Co. were down 3%, while China Southern Airlines’ fell 5.9%. Banking and financials were also lower, with Industrial & Commercial Bank of China’s shares falling 2.6% in Shanghai and 1.3% in Hong Kong.
Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.
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The 3 Secrets to a 100% Profitable Forex Trading System – Laugh Your Way to The Bank
It is not uncommon for a vast amount of newbies to start splashing the cash on forex trading systems expecting their robot to start printing cash at the click of a button. Often people learning to trade forex will sag to their knees and curse at their newly profitable forex system. Here are 3 secrets to start the cash rolling.
Tip 1: Read and Understand the Forex Robot
A great deal of the time new forex traders will set up their trading robot and expect magic. It is imperative you understand what the robot can do and learn it’s settings inside out. In many cases the default settings will not be optimal for your trading strategy. Click the links below to find out the best robots.
Tip 2: Get a Solid Internet Connection
Should your internet connection cut-off when running automatically any profitable forex system that you have set-up may be at risk. Your open positions could in some occasions experience substantial loses. It’s a must that you get reliable sever hosting. Click the links below to see the best servers.
Tip 3: Keep Searching for a Profitable Forex System that Works for You
Not all robots meet the claims of it’s inventors. Although setting up a profitable forex strategy does require tinkering to get the optimal settings, some robots just will never be profitable no matter what you do. Research and get a better one.
With these 3 tips you should begin to see an increase in the money you make from forex trading. Always make sure you learn as much as you can when it comes to forex trading.
Click Here to Discover the Most Profitable Forex Systems as voted by Automatic Forex Users.
Click Here Now to Learn More Tips to Boost Your Forex Trading Fast!
Crude oil rallies to best in two weeks
SAN FRANCISCO (MarketWatch) — Crude-oil futures rallied more than 2% Monday, surpassing $85 a barrel on a momentum-buying not even a rising dollar could twart. Oil for January delivery added $1.97 to $85.73 a barrel on the New York Mercantile Exchange, the best finish for a most-active oil contract since Nov. 11.
Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.
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FXDD Honored With Best Trading Platform Award at the Middle East Online Trading Summit
VALETTA, Malta, Nov. 29, 2010 /PRNewswire/ — FXDD, a global online leader in Forex trading, received the prestigious Best Trading Platform Award at the Middle East Online Trading Summit 2010, held November 9-10 in Dubai, the firm announced. The award was presented by Katia Tayar, founder and CEO of
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Australia, NZ dollars plumb lows as risk shed; bonds firm
The Australian dollar sank to two-month lows on Monday as a faltering euro led investors to shun riskier currencies on doubts the bail-out for Ireland would not plug Europe’s debt crisis.
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Hooking Up Unserved Pockets of Europe to High-Speed Internet
Broadband satellite providers are gearing up services for the 30 million households in Europe for which high-speed Internet is unavailable.
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The Importance of Forex Trading Courses — ForexTutor.us Special Report
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The Importance of Forex Trading Courses — ForexTutor.us Special Report
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