Forex Spread Betting April 2011
Spread Betting
 

Forex Spread Betting April 2011

Euro Sees Gains on FX Spread Betting Markets After Rate Rise

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Forex Spread Trading

A regular Forex spread trading update by Simon Denham of Capital Spreads. For the latest Forex spread trading update, click here.

Forex Spreads, 8 Apr 2011

Investors seemingly remain unconcerned with what’s going on in the periphery of the Eurozone. And the fact that the ECB has taken the exceptionally bold move of raising rates at a time of crisis shows that even central bankers don’t seem too worried about the knock on effect of such a move.

The hawkish comments from ECB President Trichet following the rate hike prevented the Euro from falling, as one would expect after Portugal’s bailout, but this morning it’s strengthened even further to record a new thirteen or fourteen month high.

It makes you wonder about a few years ago when EUR/USD was around $1.3000 and people were saying that the Euro is far too high, strangling smaller states due to the strength of the currency, but that doesn’t seem to matter now they are on their knees.

Further hikes are expected, which is why the Euro continues to rally higher, and this will further exacerbate the situation for the periphery. Politicians are now so reluctant to push through further austerity and in the case of Portugal they’ve got what they need without any preconditions attached at the moment.

If any country needs a serious dose of austerity it’s Portugal in order for them to become more competitive. Their public sector is vast and sucking the life out of the state. Their bailout could come with some rather stiff conditions.

The BoE left interest rates firmly at 0.5 percent as per expectations and we saw Sterling move slightly down versus the Dollar. However, the Pound has rallied this morning and is trading around the $1.6408 mark in line with global equities.

So it looks like the ‘risk on’ agenda for investors today is included in the FX spread betting markets too. Cable has support at $1.6350 and resistance at $1.6410 with $1.6430 in sight.

Forex Spreads, 7 Apr 2011

Oh what to do with interest rates. The BoE faces its dilemma once again with inflation way above its target and so calls for them to act by raising rates are getting a little louder now.

The problem is that by raising rates they seriously threaten the recovery which is already fragile and about to suffer some serious austerity. Rates have been kept at these record lows for two years now and inflation has been above target during most of this time, so why raise rates now at such a crucial time for the economy?

We’ve seen how the recent cut in fuel duty has done little for petrol prices which are back at pre-budget levels if not higher because of the continuing rise in the crude oil spread trading market.

A hike in rates now will do nothing to reduce the rate of inflation which is being stoked by rising global commodities, something beyond the control of the BoE. It’s probably best to sit tight for now and see how the impending austerity gets on before pulling the noose on the consumer even tighter.

The ECB on the other hand seems intent on raising rates despite a similarly fragile economy, but at least the growth in the Eurozone as a whole is not as bad as in the UK. The main question here is how high are they willing to go this year, with many forecasts expecting 1.75% by the end of 2011.

After the excitement of the European interest rate decisions the only thing to focus on is the weekly jobless claims from the US which are expected to fall to 385k still nicely below 400k.

The Euro – Dollar spread betting market is currently trading at $1.4287 after it rallied to a 14 month high at $1.4331, based on confidence that the European Central Bank will be raising interest rates today.

The pair was also lifted by Portugal’s Prime Minister laying his cards on the table and asking the European Union for financial help. The pair has support at $1.4245 and resistance at $1.4350 with $1.4405 in sight.

Yesterday UK industrial production had a shock fall by 1.2 percent in February, which was the biggest fall since august 2009, and this hit Sterling. It fell over 0.5 percent to $1.6266 versus the Dollar, however is currently trading at $1.6319.

Mervyn King is appearing evermore alone as he is fighting to keep interest rates down whilst the rest of Europe is set to increase rates. The pair has support at $1.6220 and resistance at $1.6340 with $1.6365 in sight.

Forex Spreads, 6 Apr 2011

On the FX spread trading markets the Euro has been trending upwards versus the Dollar since mid-Feb, however expectations that interest rates will rise sooner than expected, caused a short term jump in the Dollar yesterday. Despite this, and also Moody’s lowering Portugal’s long term credit rating, the Euro has rallied to its highest level versus the Dollar since November 4th.

The pair has support at $1.4210/190 and resistance at $1.4335/70, however comments by Jean Claude Trichet after the policy meeting will be crucial for its short term direction.

The Sterling - Dollar market has so far had four consecutive positive days of gains and is currently trading at $1.6340. UK data reported that the service industry grew at a faster pace in March which is another case for interest rates being raised.

The pair has support at $1.6220 and resistance at $1.6350 with $1.6400 in sight. The BoE policy makers are set to have a two day meeting and we could find out a bit more as to whether rates are set to go up. Watch out to see how this affects the pair over the short term.

Forex Spreads, 5 Apr 2011

Later tonight the FOMC minutes will be released and will no doubt crow about the improved economic data from across the pond, but investors will be avidly watching out for more hawkish commentary that might hint of an end to QE. This has already been mooted in past minutes, but still the spread betting market is no one the wiser at to when that might be.

Currency markets were subdued yesterday as traders didn't quite know what to make of the continued strength in crude prices. Cable and EUR/USD both went sideways as these pairs look to be largely shutting down ahead of the interest rates decisions on Thursday.

Cable drifted above $1.6150 on a couple of occasions and then ended up back below it. This morning we're at $1.6110, still some way below the dizzy heights of $1.6400 a couple of weeks ago.

As mentioned above, traders simply aren't able to make out whether June will see the end of QE or whether QE3 will be introduced. This could be the determining factor as to whether the European currencies will continue to make ground on the US currency or whether there'll be a reversal of the Dollar's downward trend. For Cable the levels to watch to the upside and downside are $1.6175/200 and $1.6045/5975.

EUR/USD was even less volatile than Cable as it continued to flirt with its recent highs around $1.4250 but without breaching them to the upside. Despite all the Eurozone turmoil the Euro has remained well supported as Thursday's rate hike is fully priced in.

If the ECB don't go up by 0.25% this would come as a real shock to the market and we could see the rate suffer some hefty losses. With EUR/USD at $1.4180 for now the levels to watch are $1.4250 and $1.4280 to the upside with $1.4150/20 expected to be support.

Forex Spreads, 4 Apr 2011

Forex spread trading markets are puzzling this morning with the Euro not seeing the sort of strength you’d expect of a currency that is just about to see its yield go higher. Sterling has just about got the edge on the single currency for the time being.

That said EUR/USD is still well supported above the $1.4000 level and has already had another go at $1.4250. This is a key area around $1.4250/85 which the pair tried and failed to get beyond back in November before falling all the way back to $1.3000.

The trend is up for the moment, but this area of resistance is an important test for the Euro. A break to the upside could send us towards $1.4310 and even $1.4450 over the medium term.

The Australian Dollar continues to benefit from the renewed strength in risk appetite after suffering its own correction back below parity following the Japanese quake. This is the ultimate risk currency, being talked up by a lot of people as it goes higher and higher.

AUD/USD is at $1.0390 this morning, having touched another all time high, so bulls will be targeting $1.0425 and $1.0490 at the upper end of this upward channel.


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Forex Spreads, 1 Apr 2011

Things don't look good for the Eurozone yet still investors seem content with where the single currency is and that ultimately the world's largest economic area will be able to muddle through.

Having announced a much wider budget deficit than expected, Portugal is now very close to going down the route of Greece and Ireland. It’s next major round of repayments is coming up and it looks increasingly like they won't be able to find the cash themselves so a bailout is almost certain.

Whilst investors fret about Portugal, Ireland is also having to recapitalise their banks and the ECB is only just about keeping them afloat with funding. As if that wasn't enough Spain's regional cajas are also in serious trouble. Many would think that the Euro spread betting market was doomed, yet it keeps on rising.

The German power house of Europe is pretty much single handily keeping the whole Euro project together, but one has to wonder how much their political leaders can take. It wasn't just because of concerns over nuclear ambitions that Merkel had a bashing at the polls recently, more the Euro issue.

This morning, risk appetite remains strong within the currency spread betting markets. Both Cable and EUR/USD are seeing a little strength this morning and that's despite the worries that the Eurozone still faces commented on above.

EUR/USD is at $1.4170 so the bulls are in control and will be focusing on $1.4210 and $1.4250 with support seen at $1.4125 and $1.4090.

Sterling just has the edge on the Euro this morning as Cable's up some 40 ticks to $1.6070 so upside targets are $1.6150 and $1.6200 meanwhile to the downside $1.6010 and $1.5935.

This means GBP/EUR is just about holding onto the €1.1300 level having just come through a terribly week month of March. Bears will be targeting the major recent low around €1.1200 and bulls will want to see the rate get back above €1.1500 to try and shake off this recent down trend.

Forex Spreads, 31 Mar 2011

Just when you thought the Dollar was fighting back, Sterling surges after the better than expected CBI service index figures for January and an unexpected increase in house prices for March.

The CBI number increased by 1.3% from December and the services sector makes up more than three quarters of total UK GDP, hence the boost for the Pound. The relative strength index for the pair is in a rising uptrend so we might see a test of resistance found at $1.6200.

The Euro financial spread betting market ended flat on the day versus the Dollar which suggests a bit of caution ahead of NFP figures tomorrow. The pair has been trading pretty much sideways all week and it may be not be until tomorrow that we see a proper move from either side.

The pair has support at yesterday’s low of $1.4049 and finds resistance at yesterday’s high of $1.4150.

Forex Spreads, 30 Mar 2011

Sterling neared its two month low against the Dollar yesterday after an index of UK retail sales fell to a nine month low in March. However Cable has had a jump this morning, despite expectations that the Confederation of British Industry index will drop to minus two, which will be the lowest since June.

The pair has support at $1.5939, yesterday’s low, and resistance at $1.6043, yesterday’s high.

There was a still bit of good news for the Dollar yesterday when the Fed Bank of St Louis President said that US recovery is well on track and may be able to reduce $100bn off its original plan to buy $600bn in Treasuries.

However, this seemed to have no effect and the Euro was higher yesterday. The single currency has fallen back a bit this morning and we have support at $1.4044, yesterday’s low, and resistance at $1.4150, yesterday’s high.

Forex Spreads, 29 Mar 2011

The economic releases pick up today with German inflation numbers already released which have come in slightly higher than expected. This has led to a bit of strength for EUR/USD and will give further weight to the ECB who are keen to raise rates.

On the FX markets, Cable managed to claw its way back above $1.6000 yesterday and this morning we're at $1.6020. Yesterday's move up from the lows brought us back out of the downward channel so bulls will be optimistic, but the sentiment towards Sterling at the moment in not great.

Near term resistance is at $1.6055 and then $1.6100/30 meanwhile to the downside $1.5935 and $1.5880 should provide support if we get there. Over the longer term major upside and downside levels are $1.6500 and $1.5650 respectively.

The Euro did well to get back above $1.4100 yesterday and is at $1.4120 this morning. As mentioned the higher than expected German CPI data has given EUR/USD a bit of a boost. Upside and downside targets over the medium term are $1.4150/95 and $1.4020/3980 respectively.

The medium term picture has changed a little since the bulls got us back to the $1.4250 area. The rejection of this level is a small cause for concern as the last time we saw this the EUR/USD rate headed back towards $1.3000. A break back above $1.4250 will be quite a victory for the bulls and might lead to higher prices.

Forex Spreads, 28 Mar 2011

Forex spread betting markets are slightly favouring the Dollar this morning with Cable below $1.6000. On the other hand, the Euro is just ticking higher against the US currency as EUR/USD seems to want to have a look at $1.4100 being at $1.4080 at the time of writing.

The good old Pound continues to suffer from negative sentiment over growth prospects for the UK and the breach below $1.6000 is rounding up the bears for a possible leg lower.

The downward trending channel now puts resistance at $1.6000/10 with $1.6100/30 being the targets for the bulls above here. To the downside $1.5925 and $1.5880 are considered to be important support in the short term.


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Risk Warning: Spread betting carries a high level of risk to your capital. You may lose more than your initial investment. It may not be suitable for all investors. Only speculate with money that you can afford to lose. Please ensure you fully understand the risks involved and seek independent financial advice where necessary.

'Forex Spread Betting April 2011' by DB, updated 08-Apr-11

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FX market update: On the currency front, the Euro has been weakening again, finally dropping below $1.40 yesterday. The currency is...read article: Forex Spread Trading January 2010.


Forex Spread Betting January 2010, updated 15-Jan-10
FX market update: The US retail sales didn't help the Dollar much and it drifted back to the ¥91.00 mark against the Yen. With the rate at...read article: Forex Spread Betting January 2010.


Forex Spread Bets December 2009, updated 01-Jan-10
FX market update: Interesting movements in the Forex spreads markets are just about the only thing worth focussing on at the moment. Yesterday the Dollar waxed and waned, managing a...read article: Forex Spread Bets December 2009.


Forex Spread Trading December 2009, updated 18-Dec-09
FX market update: The momentum against Cable was compounded by some negative UK retail sales which flew in the face of recent reports from retailers like...read article: Forex Spread Trading December 2009.


Forex Spread Betting December 2009, updated 04-Dec-09
FX market update: The Euro managed to exactly match our commented range of $1.5140 to $1.5040/60 in yesterday's session. It traded at...read article: Forex Spread Betting December 2009.


Forex Spread Trading November 2009, updated 20-Nov-09
FX market update: Currency markets are mixed this morning but largely in favour of the Dollar. Cable is heading lower as once again it fails to test...read article: Forex Spread Trading November 2009.


Forex Spread Betting November 2009, updated 06-Nov-09
FX market update: Currency markets are turning a bit Dollar unfriendly once more with the Euro regaining the $1.4860 level. The Euro had been...read article: Forex Spread Betting November 2009.


Forex Spread Trading October 2009, updated 23-Oct-09
FX market update: Trading continues to be very contained in the EUR/USD cross with the $1.49 level seeming to hold an irresistible attraction. Last night it seemed that...read article: Forex Spread Trading October 2009.


Forex Spread Betting October 2009, updated 09-Oct-09
FX market update: Mervyn King muttered about a weak currency helping exporters but I have to say that this commentator is yet to see any evidence of...read article: Forex Spread Betting October 2009.


Forex Spread Trading September 2009, updated 25-Sep-09
FX market update: The weakness of the Pound versus other majors has merely been reflected by the Dollars own lack of strength. Versus the Euro the cross seems unable to...read article: Forex Spread Trading September 2009.


Forex Spread Betting September 2009, updated 11-Sep-09
FX market update: As mentioned many times over the last few months the Dollar continues to suffer from what looks like benign neglect from the...read article: Forex Spread Betting September 2009.


Forex Spread Betting August 2009, updated 28-Aug-09
FX market update: The pound/dollar range at $1.62 to $1.66 eventually held the upper hand and after testing the markets below $1.62 the volume attraction of this range reasserted its pull. In truth the opening hours today have...read article: Forex Spread Betting August 2009.


Forex Spread Trading August 2009, updated 14-Aug-09
FX market update: On the currency front the pound made a big rebound from the lows with the Yen (especially) falling back after a strong run. The sharp spike lower in GBP/JPY in a frantic...read article: Forex Spread Trading August 2009.


Forex Spread Trading July 2009, updated 31-Jul-09
FX market update: The equity market rally though took its toil as investors sold the dollar in favour of equities. Sterling did well out of...read article: Forex Spread Trading July 2009.


Forex Spread Betting July 2009, updated 17-Jul-09
FX market update: The dollar is making a little ground back against sterling. Rather like the equity markets there is a lack of direction and a real tussle between the ...read article: Forex Spread Betting July 2009.


Forex Spread Bets June 2009, updated 03-Jul-09
FX market update: Sterling is also managing to sit tight against some serious tests of support. Cable has drifted sideways through the short term upward trend line which is marginally worrying and this may give cause for a move back into the $1.58 to $1.60 region. However sometimes trend lines just lose their...read article: Forex Spread Bets June 2009.


Forex Spread Trading June 2009, updated 19-Jun-09
FX market update: Forex markets must have read my comment yesterday as the pound made an almost carbon copy move to Wednesday's price action. The total net effect over the last three days has been...read article: Forex Spread Trading June 2009.


Forex Spread Betting June 2009, updated 05-Jun-09
FX market update: Even though the GBP/USD spread betting market has fallen from a high of $1.6670 on Wednesday to the current $1.6050 there have been some big rallies amidst the 6 cent fall. Clients have been trying to buy into...read article: Forex Spread Betting June 2009.


Forex Spread Trading May 2009, updated 22-May-09
FX market update: The same happened to GBP/EUR which saw a very sharp fall yesterday morning, but recovered afterwards throughout the rest of the day. At the moment though, the euro is...read article: Forex Spread Trading May 2009.


Forex Spread Betting May 2009, updated 08-May-09
FX market: Sterling's good recent run came to an abrupt end after the BoE announced its next tranche of asset purchases. The market was taken a little by surprise as many were expecting the Bank not...read article: Forex Spread Betting May 2009.


Forex Spread Trading April 2009, updated 24-Apr-09
FX market: EUR/USD is back above $1.3000, currently at $1.3070 with the Euro making a bit of ground on Sterling as well as GBP/EUR heads back towards...read article: Forex Spread Trading April 2009.


Forex Spread Betting April 2009, updated 10-Apr-09
FX market: With EUR/USD, our spread betting accounts are very much two way with buyers matching sellers and in truth it is difficult to argue that ...read article: Forex Spread Betting April 2009.


Forex Spread Trading March 2009, updated 27-Mar-09
FX market update: FX markets are still wary of the recent indication that the US might not be opposed to the creation of a 'Super Currency' run by the IMF, the mere mention of which sent the dollar...read article: Forex Spread Trading March 2009.


Forex Spread Betting March 2009, updated 13-Mar-09
FX market: The failure last Friday to push resistance versus the dollar at $1.4340 was not helped by the overall view taken about the 'quantitative easing' policy of the...read article: Forex Spread Betting March 2009.


Forex Spread Trading February 2009, updated 27-Feb-09
FX market update: Against the Euro, the pound seems to have settled into a £1.1000 to £1.1500 range...read article: Forex Spread Trading February 2009.


Forex Spread Betting February 2009, updated 13-Feb-09
FX market: Virtually every major market, having tried valiantly to break out of the current trading ranges, is now pretty much where they closed on Wednesday evening. GBP/USD had a solid look at...read article: Forex Spread Betting February 2009.


Forex Spread Bets January 2009, updated 31-Jan-09
FX market update: Currency markets continue to be the focal point with the battle for the GBP/USD rate to get...read article: Forex Spread Bets January 2009.


Forex Spread Trading January 2009, updated 16-Jan-09
FX market: Strange moves overnight in the currency markets will not have pleased many as the Pound ?took off? in the first few hours of trading opening some...read article: Forex Spread Trading January 2009.


Forex Spread Betting January 2009, updated 02-Jan-09
FX market update: the 'dollar bulls' remain positive about the outlook for the dollar as they argue it could replace the Yen as the new carry trade currency. This also indicates that the FX markets are preparing for...read article: Forex Spread Betting January 2009.


Forex Spread Trading December 2008, updated 19-Dec-08
FX market: The pound has fallen a minimum of 25% against even the weakest of the other major currencies this year and in the same period our...read article: Forex Spread Trading December 2008.


Forex Spread Betting December 2008, updated 05-Dec-08
FX market update: On the Currency front the cut in rates had little effect, there was a brief fall in the Euro and the Pound followed by a short covering rally and now we...read article: Forex Spread Betting December 2008.


Forex Spread Trading November 2008, updated 21-Nov-08
FX market: The GBP / USD spread is now $1.5082 - $1.5085 and, to be honest, there is little in the way of resistance or support around the current price. The short term falling trend line is now at...read article: Forex Spread Trading November 2008.


Forex Spread Betting November 2008, updated 07-Nov-08
FX market update: The volatility in the GBP / USD market is becoming ever more extreme with the last eleven trading days averaging over 5¢ a day high/low range (3%). This variation represents a...read article: Forex Spread Betting November 2008.


Forex Spread Trading October 2008, updated 26-Oct-08
FX market: Traders looking for some kind of support have seen their hopes wiped away as the pound and euro plumb depths not seen for...read article: Forex Spread Trading October 2008.


Forex Spread Betting October 2008, updated 10-Oct-08
FX market update: Trading in the Forex markets has been just as violent as the equities as the pound has fallen dramatically out of favour versus the Yen and Dollar. It appeared, briefly, that confidence in...read article: Forex Spread Betting October 2008.


Forex Spread Trading September 2008, updated 26-Sep-08
FX market: The Forex markets must have been reading my comment yesterday as Cable failed at almost exactly the resistance of $1.8650 and then moved down to attack the support at $1.8450. Once this had...read article: Forex Spread Trading September 2008.


Forex Spread Betting September 2008, updated 12-Sep-08
FX market update: On the FX spread betting front the inability of the Pound, Euro or Yen to hold onto the gains versus the dollar do not bode well in coming sessions. The currency markets are settling in to the new ranges caused by...read article: Forex Spread Betting September 2008.


Forex Spread Trade August 2008, updated 29-Aug-08
FX market update: The Euro / Dollar rate is off its lows this morning around the $1.4693 mark and continues to test...read article: Forex Spread Trade August 2008.


Forex Spread Betting August 2008, updated 15-Aug-08
FX market update: We are now sitting just above the massive 2006 GBP / USD support level at around...read article: Forex Spread Betting August 2008.


Forex Spread Trading July 2008, updated 01-Aug-08
FX market update: In the Forex spread betting markets the dollar and yen are looking to make gains after the...read article: Forex Spread Trading July 2008.


Forex Spread Betting July 2008, updated 18-Jul-08
FX market update: In the Forex Spread Betting world Cable continues to hover around the $2.00 dollar mark but the Euro has, for the time being, given up on the...read article: Forex Spread Betting July 2008.


Forex Financial Spread Bet July 2008, updated 04-Jul-08
Forex market update: The weak dollar is causing much of the recent commodity spike and the laissez faire attitude of the US administration to the value of the Greenback is coming back to haunt them in the shape of...read article: Forex Financial Spread Bet July 2008.


Forex Financial Spread Trading June 2008, updated 20-Jun-08
Forex market update: Every time the pound looks to be in danger of a fall to below $1.94 buyers come in and take it back up to around $1.98 to $2.00. Cable has been in a falling wedge formation since...read article: Forex Financial Spread Trading June 2008.


Forex Financial Spread Betting June 2008, updated 06-Jun-08
Forex market update: The pound was dragged a little in the Euros wake yesterday but even so lost over a Euro cent in the post Trichet move. The GBP / USD spread is currently at $1.9581 - $1.9584 this morning and is still at the lower end of the recent trading ranges. Any clients who bought into...read article: Forex Financial Spread Betting June 2008.


Forex Spread Bet May 2008, updated 23-May-08
Forex market update: Sterling had one of its surging days yesterday moving higher against every other major currency. We have seen some very heavy buying in the Pound and Euro vs the lower interest rate currencies (JPY, CHF, USD) in the last few sessions as traders...read article: Forex Spread Bet May 2008.


Forex Trading May 2008, updated 09-May-08
Forex market update: Unfortunately the FX markets, which seemed to be selling the Pound and Euro in anticipation of a rate cut from both the ECB and MPC only reversed for the Euro and not for the Pound. Sterling is now weakening again against all the majors and yet another attack on the...read article: Forex Trading May 2008.


Forex Trading April 2008, updated 25-Apr-08
Forex market update: Looking at the Forex Spread Betting markets the Pound actually managed a good day for a change as the Euro and Yen suffered. Of course the real winner was the US Dollar. Cable is now at the bottom of it recent range with dealers probing for any weakness below...read article: Forex Trading April 2008.


Forex Spread Bets April 2008, updated 11-Apr-08
Forex market trading update: The dollar is getting a knock this morning weaker against the majority of other currencies. Sterling attempted to make some sort of recovery against the euro yesterday dipping below the £0.8000 mark. However, since...read article: Forex Spread Bets April 2008.


Forex March Spread Trading, updated 28-Mar-08
Forex markets: On the FX markets the Dollar continues to hold it own for the time being but the pound seems to have hit something of a brick wall overnight. All the majors are unchanged except for the pound which is down 80 pips against the greenback (under $2 again)...and is at a new all time low versus the Euro at £0.7894 which means that we are now over 15%...read article: Forex March Spread Trading.


Real-time Forex Prices and Charts, updated 15-Feb-08
Forex pricing information: On the currency trading front we are very quiet and with no news expected today it may well remain that way for the early trading session. GBP / USD looks to be quite happy at levels near to $1.9700 but we have made a habit of...read article: Real-time Forex Prices and Charts.


UK Forex Spread Trading, updated 01-Feb-08
UK Forex Spread Trading: FX markets are absolutely comatose at the moment and we are trading and re-trading over the same ranges. The pound is pretty much...read article: UK Forex Spread Trading.


Forex January Spread Betting, updated 18-Jan-08
FX markets remain peaceful with the Dollar and Pound continuing to recoup some of the recent losses. The Sterling/Yen cross is now hovering just below the 211.90 support/resistance at a spread of...read article: Forex January Spread Betting.


Forex Trading Online, updated 21-Dec-07
Find out where you can Trade FX Online for free plus your FX trading questions answered, tips on getting free FX charts, real time prices and...read article: Forex Trading Online.


Forex Futures Trading, updated 07-Dec-07
Where to trade Forex Futures plus updated Forex trading news and the most popular Forex questions answered....read article: Forex Futures Trading.


Forex Broker, updated 23-Nov-07
Where to find free Forex Brokers plus regular Forex financial trading news as well as the most popular Forex questions answered....read article: Forex Broker.


Forex Platform, updated 09-Nov-07
Where to find free Forex Platforms plus updated Forex trading news as well as the most popular Forex queries answered....read article: Forex Platform.


Forex Software, updated 26-Oct-07
Where to find free Forex Software information plus updated Forex trading news as well as the most popular Forex queries answered....read article: Forex Software.


Forex Prices, updated 04-Feb-08
Where to find free Forex Prices plus updated Forex news as well as your top Forex questions answered....read article: Forex Prices.


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