Forex Spread Trading October 2009
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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 Spread Betting, 23 Oct 2009
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 we might have finally broken away from the mark with the close at around $1.5025 and early morning action today pushing us up to $1.5060 but subsequent offloading in the early European session has taken us back to $1.5000. Traders will be watching for evidence of a return to below the old $1.4965 support/resistance level.
Oddly enough the big mover at the moment seems to be the Pound with continued buying taking us significantly higher versus both the Yen and the Dollar.
The Euro seems to be taking some strength from Sterling. European leaders are probably a tad frustrated that the Euro seems to take strength both in times of Yen and Sterling potency but following neither when they are weak.
EUR/JPY is now pressing towards the highs for the year with the price at ¥137.90. We have seen three peaks this year already in the cross - all in this price area.
In April we ran out of steam at ¥137.45, in June at ¥139.15 and in August at ¥138.70. In all three occasions the reaction sell-off took us at least 9¢ lower to below ¥130.00. Long term traders will be well aware of this and will be wanting to see a solid close above ¥138 before getting too excited about further moves higher.
Forex Spread Betting, 22 Oct 2009
Sterling had another very good day yesterday but is suffering a bit this morning as the dollar tries to put in at least an attempted rally.
The resistance in Cable at $1.6650 held very well yesterday and seemed to confirm the trading range that has been in place since May of approximately $1.58 to $1.6650.
While we did break out back in August up to $1.70 the move only lasted a few days before gravity came back into force. Today is seeing the GBP/USD spread betting market around $1.6560 and frankly not looking too confident.
The Euro managed to break above the $1.4966 resistance yesterday pushing all the way to $1.5050. This morning we are back down below the mark once again at $1.4955.
The continued inability of the Euro to make any further headway versus the greenback is starting to look worrying. Our Financial Spread clients seem more confident than usual in building short positions.
Forex Spread Betting, 21 Oct 2009
France has put its head above the parapet muttering about the Euro - not without reason.
The Chinese quasi link to the dollar is putting intolerable pressure on the other major currencies - Swiss Franc, Yen and Euro. The Europeans are getting a tad miffed that the Euro is increasing in value versus the Yuan when there is a massive trade deficit in China’s favour.
I do not believe that the moment for central bank intervention has yet arrived but dealers should be aware that it is a possibility. Central Bank manipulation of the currency markets went out about 10 years ago but, given their intervention in just about every other financial instrument in the last year or so, it cannot be ruled out.
However, if the EUR/USD cross peaks above $1.50 with no sign of selling there could be a ‘bit of excitement’.
Sterling has been improving for several days now and is back above €1.10 and close to ¥149.
¥147-¥151 does seem to be a sort of pivot area for the Pound/Yen cross since October last year. Sometimes it acts as support or resistance but when it fails the reactions are quite dramatic.
At the moment we are on the way up and in the middle of the range. A break above ¥151.50 might be interesting as would a reversal below ¥148/¥147.
Forex Spread Betting, 20 Oct 2009
Currency markets are showing Euro strength once again and the EUR/USD is now above the $1.4966 resistance after rallying very early this morning.
There does not appear to be much of a follow through at the moment. Although, traders have had quite a few ‘looks’ at pushing us back down again with the $1.4966 level having been traded four/five times since the move higher.
Bulls will be encouraged by the fact that the resistance now seems to be acting as support but on the other hand Bears might also be slightly positive that there seems to be no further buying pressure coming through.
Overnight buying in the Yen has also surfaced and the euro and yen hegemony seems to be swinging slightly towards the Yen for the moment.
The EUR/JPY cross has traded in a very tight range since March, basically stuck between ¥128 and ¥138. This is a far cry from last year with its ¥169 high and ¥114 low.
Prior to the weak Yen ‘carry trade’ scenario of 2006/07 the cross had been reasonable stable between ¥130 and ¥140 and it appears that this range has now reinstated itself.
The small move away from the dollar as a reserve currency has naturally benefitted both of these but to the detriment, of course, of their economies. With rumours continuing of the desire for a new global ‘basket of currencies’ this may well continue.
Nobody wants to be left holding greenbacks on the day that China and Russia declare a move. Fortunately for the global economy this is probably some 10 years away, at least, so pretty soon currency markets will probably find something else to worry about.
Forex Spread Betting, 19 Oct 2009
Forex markets are steadying up after the Sterling bounce of last week with the Cable rate having bounced from a low of almost $1.57 to the current GBP/USD spread of $1.6306-$1.6308.
The headlines marking the pound out for parity with the Euro also had to be put on hold for a while longer as the cross rallied some 350 pips from €1.0625 to almost €1.10.
We are giving up some of this in early trade as the Euro continues to hold steady near the highs versus the dollar and the EUR/GBP spread is now at €1.0937-€1.0941.
Sterling really smashed into the weak shorts who had been attempting to catch a free ride on the fall but the inability to break above €1.1015, the support/resistance from mid and late Sept, will be worrying some.
The Pound can be said to be weak though and the only thing making it look good at the moment is the fact that the dollar is proving to be just as problematic.
On Friday, the Euro failed versus the dollar at the exactly same level $1.4966 as mentioned in Thursday’s comment and clients were quick to take advantage selling down into the pull back - which obligingly enough petered out at the same level as on Thursday as well.
This morning we have already seen an attempt at the downside in very early trade in Asia. That move ran out of steam down at $1.4825. As I write, there has been continued buying ever since taking the cross back up above $1.49.
It does not take a genius to say that there is good resistance up at $1.4966 and support at around $1.4840. There is minor resistance at $1.4920 as well but a close above or below the big numbers mentioned would possibly set the short to medium term tone.
Price update:
- GBP / USD closed last week up $0.042 at $1.635 (up 2.64% week-on-week)
- USD / JPY closed last week up ¥1.5 at ¥90.9 (up 1.68% week-on-week)
- EUR / USD closed last week up $0.012 at $1.488 (up 0.81% week-on-week)
- EUR / GBP closed last week down -£0.016 at £0.91 (down -1.73% week-on-week)
Also see:
Financial Spreads >>
"With FinancialSpreads.com you get all the normal
advantages of Spread Betting plus..." >> read
Financial Spreads review.
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Forex Spread Betting, 16 Oct 2009
The talk of the moment is the Dollar with calls for it to capitulate to new lows. Its position as the world’s reserve currency is being put to the test but one gets the feeling that this is all stuff we have seen before.
Only a couple of years ago interest rates were much higher in other areas such as the UK and Eurozone when compared to the US. The carry trade - where investors were selling low yielding currencies such as the Dollar and Yen to buy higher yielding currencies - was well under way, driving the Dollar lower.
This time around the love loss cannot be contributed to the carry trade but the dire situation with the US budget deficit.
There is no question that the evidence is there. Some two thirds of all central bank reserves now go into Euros or Yen, a flow that previously would have seen these reserves go straight into the Dollar.
On top of this the Chinese used to buy up some three quarters of US Treasury bond issuance, which is not happening today. Sentiment is so Dollar negative at the moment that the market is almost over reacting and often you get financial markets moving too far when moves of such magnitude take place.
There are still trillions and trillions of countries reserves tied up in Dollars and to suddenly dump the Dollar and shift into another currency would be a very costly move. Then there is the issue with which currency to buy.
The Euro is the most obvious candidate but it too has its structural problems with many of the member states suffering from this recession and running just as bad budget deficits as the US.
So just when the headlines are full of doom and gloom for the Dollar is probably the time to start buying them, when sentiment is so negative and the last couple of days has already seen a small bounce in the Dollar. Also see EUR/USD spread betting.
Sometimes it pays to go against the herd and I remember back in February being in a TV studio talking about the FTSE 100 when the atmosphere was terrible due to the plunging stock market. Day after day saw red figures across the board and it almost felt like Armageddon but that is precisely when the equity market turned and it has not looked back.
There are so many short Dollar positions that have built up in the last few months that any squeeze could see the greenback stage a mini recovery.
Forex Spread Betting, 15 Oct 2009
The Pound has put on a bit of a stunner in over night trading. Sterling has rallied all the way up to 1.6100 vs the dollar and 1.0780 vs the Euro.
A few days ago this was not the way things looked as everyone and his dog piled out of Sterling. In reality, of course, too many people were betting in the same direction and this is probably creating its own support. The move in early action today has a look of a ‘bear hunt’ as weak sterling shorts are hunted down.
Punters are selling the Euro/Dollar cross and there is obviously some impression that the Euro has come a bit too far.
The best you can say at the moment is that, in the main, our clients are long and wrong of the dollar as the market drive-away from the worlds only current ‘global currency’ continues.
Mutterings of the creation of another major currency in which to value commodities and trade will no doubt continue for many years but even if all the disgruntled nations could actually agree on something the probability of anything actually happening in the next decade is quite low.
This said, the momentum for the dollar especially verus the Euro can only be described a one directional. Since April the cross has only gone in one direction - in favour of the Euro.
There have been minor pull backs in that time but the overall move has seen the cross go from $1.2900 to the current $1.4930. There is major resistance at $1.4966 from November ’07 which might give us pause for concern but if we go through here there is not much resistance until $1.5280/$1.5300. Oddly enough, $1.4966 is also the exact high this morning,
Forex Spread Betting, 14 Oct 2009
Dollar depreciation continues this morning with the yen making ground and the Aussie dollar hitting a new high this morning.
Sterling suffered further losses yesterday after the weaker than expected CPI data, but made some of those losses back against the euro and dollar.
Currently sterling is some 80 points off its lows against the euro with GBP/EUR around €1.0715, but few are betting against the trend.
The daily chart recorded hammer yesterday which is considered to be a bullish signal in a downtrend, however the momentum is truly sterling negative and so anyone going long of sterling at these levels will most likely keep a tight stop loss.
Forex Spread Betting, 13 Oct 2009
Sterling is suffering again this morning with the Euro cross reaching a new 7 month low at €1.0625 as more and more traders pile out of the poor old pound.
In truth, as we have commented here many times, there is precious little incentive to buy sterling with both macro and micro economic indicators pointing to a dire situation.
Our political masters continue to fiddle while the currency burns and with every day of delay over the difficult decisions the situation gets worse. A massive structural level of unemployed looks to be the legacy of the Labour years.
Forex Spread Betting, 12 Oct 2009
Sterling is drifting ever lower this morning versus the Euro and Dollar although the moves over the last few days do seem to be more of a dollar bounce than a Pound trashing exercise.
The weakness in the Dollar of recent months has called into question the US’s desire for currency stability and investors in dollar debt have been squealing ever more stridently.
The Fed gave one or two minor pointers that it was happy at the current levels. That was probably more of a sop to the Chinese and the Japanese rather than a serious change in strategy just yet.
The Chinese government’s issuance of domestic currency bonds to sop up some of the huge currency inflows might be the first in a series of shots across the bows for the US administration to stop exporting financial problems.
If the Far East economies did, finally, take a strong stand then the Dollar would collapse. This makes such an action extremely unlikely at this point as it would damage both their debt holdings and their export markets. For all of the talk of the declining power of the US economy we must recognise that it is still, and will remain so through most of my life time, the biggest beast in the arena. And this is even if it remains in its current economic incarnation.
Clients are still trying to call the bottom for the pound but this morning’s weakness has damaged quite a few accounts.
Cable has dropped through $1.5770-90 major support and immediately smashed down to the low $1.57’s.
Versus the Euro we are also through heavy support of €1.0750 at €1.0720-€1.0724. If we do not regain the support levels by the close of this session the writing might be on the wall for a possible attempt at parity versus the Euro and a return below $1.50 for the Dollar.
Price update:
- GBP / USD closed last week down $0.004 at $1.593 (down 0.25% week-on-week)
- USD / JPY closed last week down ¥0.2 at ¥89.4 (down 0.22% week-on-week)
- EUR / USD closed last week down $0.016 at $1.476 (down 1.1% week-on-week)
- EUR / GBP closed last week down £0.007 at £0.926 (down 0.76% week-on-week)
Financial Spreads >>
"With FinancialSpreads.com you get all the normal
advantages of Spread Betting plus..." >> read
Financial Spreads review.
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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 Trading October 2009' by DB, updated 23-Oct-09
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Forex Spread Betting May 2010, updated 07-May-10
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Forex Spread Betting November 2009, updated 06-Nov-09
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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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