Before anything else, you should know exactly what Forex trading online means. Forex is the abbreviated name of foreign exchange. The real bargaining doesn’t involve stocks. It is a purely financial market where … Read more »
If you are looking for safety, reputation, experience, and fair dealing, Citibank is the place for you. Citi is one of the biggest and oldest banks in the world, with a legacy of over 100 years in forex. It is possibly the best known name in the forex trading market worldwide. Being one of the biggest forex brokers, CitiFX Pro has a minimum account size of $10,000.
Your USD deposits with CitiFX Pro are insured by FDIC. This means that your USD deposits are backed by the full faith and credit of the U.S. government up to certain levels.
In a foreign exchange market that is very new to retail investors, Citi has the experience that traders are looking for. Using CitiFX Pro, forex traders are trading with the bank that many corporations, investment managers, and governments depend on for Forex [...] Continue Reading…
The 2012 broad risk asset rally is enduring another bout of fatigue as attention returns to the Greek debt negotiations
The greenback fell against a range of major currencies, with the Japanese yen one of the biggest risers after a week of steep drops
Europe avoided a credit crunch thanks to €489bn of emergency three-year loans to banks by the European Central Bank last month, governor says
Often you may hear about ‘month end’ flows having a positive or negative effect on a currency during the last few days of the month. Thus, I’ve decided to take a look at asset market capitalizations in the major market economies to help us try to deter…
The GBP/USD has been resilient, but the bull run since 1/27 Asian-European session could not clear the 1/26 high at 1.5733. After the US stock market opened at 9:30 AM EST, the GBP/USD started to turn around, and in the following hour candle is falling…
USDJPY: The pair is now on a second day of sell off following its failure to continue its recovery strength started from the 76.54 level. It looks like USDJPY could be building up downside momentum with the possibility of returning to the mentioned sup…
The 4H USD/CAD continues it’s decline below triangle support and below a support area around 1.0070. In the 1/27 Asian-European session, it is confirming the bearish outlook after a brief pullback in the previous US Session. The RSI shows persistent be…
The corrective decline yesterday did not last long as the market found support in the 1/27 Asian session at the 1.3075-1.3080 pivot area seen more clearly in the 4H chart. The 1H chart shows that this was between 38.2% and 50% retracement of the latest…
Cable has risen above 1.5700. However, it is not gaining upside momentum to extend its upmove strongly above 1.5700. The Resistance in 1.5710-25 region mentioned in our Morning comments is holding well. Failure to rise past 1.5725 will keep up the chan…
On Thursday Dollar/Yen continued decreasing with 50 pips. The currency couple depreciated from 77.81 to 77.29 yesterday, matching the negative Interbank sentiment at nearly -10%, closing the day at 77.43. This morning the Dollar weakened further agains…