Forex Markets Trend Analysis on EURUSD, GBPUSD and USDJPY – Oct2010
In this video Alexander Nikolov discusses the Short-Term and Medium-Term trends in major forex pairs. He explains why it is likely the U.S. dollar to remain weak against most of the world currencies. He spots apotential trend reversals in GBPUSD na USDJPY markets.
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Asian Currencies Have Seventh Weekly Gain as Growth Lures Funds
Oct. 16 (Bloomberg) — Asian currencies completed a seventh weekly advance, led by the Singapore dollar, as relatively high yields and the world’s fastest economic growth spurred demand for asse…
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Sweden smothered by dominant Dutch
Two devastating first half mistakes by Sweden paved the way for a crushing 1-4 defeat at the hands of World Cup finalists the Netherlands in Euro 2012 qualifying play on Tuesday.
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Gillard praises Gorgon carbon project
THE PM made a flying visit to the Gorgon gas project in WA to praise the world’s biggest carbon capture and storage program.
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Central Banks Open Spigot
The developed world’s central banks are moving to respond to a weak recovery, reduce the risks of a global deflation and restrain their currencies from rising against those of their trading partners.
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U.N. Calls Emergency Meeting Over Rising World Food Prices
Rome, Italy (AHN) – United Nations officials warned of a major new world food crisis Friday at an emergency meeting over rising international food prices
The U.N.’s Food and Agriculture Organization (FAO) called the meeting in Rome to discuss the looming crisis. FAO officials blame recent environmental disasters as well as rampant speculative trading on commodity futures markets by investors.
Although food prices have not risen as much as they did during the 2008 food crisis, FAO officials were concerned.
“The FAO has recognized a variety of drivers behind food price spikes, such as drought, energy prices and trade restrictions; however, the impact of crude oil prices on food inflation cuts across all national boundaries and has a disproportionate impact on food prices,” said Bliss Baker, a spokesperson for Global Renewable Fuels Alliance.
“As long as we are dependent on crude oil for our primary source of energy, we will continue to see food prices climb as crude oil prices climb,” Baker added.
However, other forces are at work to increase food prices, according to the U.N.’s special rapporteur on food, Olivier De Schutter. In a paper released earlier this week, De Schutter said that as other investments turned sour and lost investor interest–including overvalued asset backed securitization investments–investors looking for profits flocked to invest in food commodity futures because everyone must eat.
“Beginning at the end of 2001, food commodities derivatives markets, and commodities indexes in particular began to see an influx of non-traditional investors, such as pension funds, hedge funds, sovereign wealth funds, and large banks that packaged and dealt the commodity index instruments,” De Schutter wrote. “The reason for this was simply because other markets dried up one by one: the dotcoms vanished at the end of 2001, the stock market soon after, and the U.S. housing market in August 2007.”
“As each bubble burst, these large institutional investors moved into other markets, each traditionally considered more stable than the last. Strong similarities can be seen between the price behavior of food commodities and other refuge values, such as gold. As the European Commission notes, the prices of both had been largely stable, began to rise slowly in 2005, and accelerated sharply in August 2007, when the subprime crisis hit. Similar behavior obtained in oil markets, which hit the $100 per barrel mark in February 2008 and peaked in June 2008, only to fall back subsequently,” De Schutter said.
De Schutter calls for regulation of the food commodity markets in a report titled “Food Commodities Speculation and Food Price Crises, Regulation to reduce the risks of price volatility.” The full report is available at: srfood.org/images/stories/pdf/otherdocuments/20102309_briefing_note_02_en.pdf
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India may not face euro-like situation despite high debt
India?s external debt rose 16.5% from $224.5 billion in FY09 to $261.5 billion in FY10, which puts India among the top 10 debtor nations in the world.
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Etoro Partners: Keeping Ahead of The Curb in The World of Forex Affiliation
The online forex trading industry has virtually exploded over the past few years, which for forex affiliates means both good and bad news. The good news is that there are now so many products to promote, so many different forex affiliate programs to choose from and so many new forex traders to recruit. The relatively small selection of forex brokers and platforms that was available to forex affiliates at the start of the decade meant that they didn’t have much choice in selecting a forex provider to work with and they had to settle for rather limited options; whereas now, forex affiliates have their pick out of a true embarrassment of riches.
The bad news is that the online marketplace is beginning to become saturated with both forex providers and forex affiliates. It is getting harder for users to tell apart myriads of standard forex brokers who offer standard online trading conditions and technology. Why choose a particular forex provider over a thousand others like it? The same goes for forex affiliates. Online surfers are bombarded with forex banners and pop-ups offering the same empty promises of easy money every second, which makes them jaded and unresponsive.
The only solution to this problem is to stand out in order to grab the attention of potential clients. The eToro platform stands out by offering traders a fresh, new and simple outlook on forex that enables novices to start trading quickly and learn as they trade, and experts to trade in a more comfortable and intuitive environment. To put in simply, eToro looks nothing like any other platform out there, and that captures traders’ attention and makes them more likely to convert.
To match the eToro platform, the eToro Partners program gives eToro affiliates the right marketing tools to make them stand out. EToro Partners banners are more creative and are more thoughtfully designed. Apart from standard banners eToro Partners also offers forex widgets, viral videos and white label pages, to name a few, to provide you with a fresh angle on online forex marketing. The most important thing about eToro Partners is that they are open to ideas and will give affiliates the support they need to develop new promotional concepts and innovative campaign strategies.
Shareholders give go-ahead to United-Continental merger
Next, tougher act is winning over unions, employees Shareholders voted overwhelmingly Friday to combine Continental and United into the world’s largest airline.
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Sisters are digging up the dollars
WOMEN who swap the corporate world for the coalfields are raking in more money than women in the rest of Australia.
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- GM earnings soar 92 percent on global sales
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- personal loans
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- Costco to offer mortgages
- Medicare to tie doctors’ pay to quality, cost of care
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- Justice Dept. Broadens Investigations of Terrorism in Private Records
- Gold falls following Fed policy decision
- Average rate on 30-year fixed mortgage falls to 3.9 percent
- Stocks cross 13,000 for first time since May 2008
- CIA site down, Anonymous claims responsibility
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- Personal and Business Loans
- Moody’s downgrades credit of 26 Italian banks
- Initial unemployment claims drop by 1,000
- Fannie Mae not seeking new bailout funds after good quarter
- Mortgage rates fall to record low
- Spain, economic data weigh on U.S. stocks
- Costco to offer mortgages
- U.S. stocks mixed Thursday on weak jobless claims
- Short sales up in housing market
- Beyond the drought – ‘Families will disappear’
- Job growth weaker in March than prior three months
