Business News:

Euro hurt by European woes; China data boosts oil 10 Mar 2010, 3:00 am

HONG KONG (Reuters) - The euro and sterling were under pressure on Wednesday after renewed concerns about Europe's fiscal problems but oil, copper and the Australian dollar were supported by China's s. […]

Source: Reuters: Business News Reuters: Business News |

Oil slips for 2nd day before U.S. inventories 10 Mar 2010, 2:59 am

SINGAPORE (Reuters) - Oil fell toward $81 a barrel on Wednesday in volatile trade as expectations for a gain in U.S. crude stockpiles offset surging Chinese imports.

Source: Reuters: Business News Reuters: Business News |

China's Geely secures financing to buy Volvo: report 10 Mar 2010, 2:40 am

STOCKHOLM (Reuters) - The parent of China's Geely Automobile has secured financing to buy Ford-owned Volvo cars for about 15 billion Swedish crowns ($2.10 billion), a Swedish business daily reported o. […]

Source: Reuters: Business News Reuters: Business News |

Strong China trade data make case for firmer yuan 10 Mar 2010, 2:27 am

BEIJING (Reuters) - Chinese exports and imports grew faster than expected in February, underlining the momentum behind the world's third-largest economy and reinforcing the case for a rise in the yuan. […]

Source: Reuters: Business News Reuters: Business News |

Swiss Re sees $4-$7 billion insurance losses from quake 10 Mar 2010, 1:37 am

ZURICH (Reuters) - Swiss Re said on Wednesday the insurance sector stood to lose $4-$7 billion from the earthquake in Chile, a sum unlikely to bring the long hoped-for increase in reinsurance prices.

Source: Reuters: Business News Reuters: Business News |

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Financial News:

BofA scraps overdraft fees for card users 10 Mar 2010, 12:15 am

Bank of America said it would eliminate overdraft fees for debit card customers in a move designed to quell consumer frustration and keep the bank a step ahead of new regulations that restrict such ch. […]

Source: FT.com - Financials FT.com - Financials |

Mortgage lending lifts Canada bank earnings 9 Mar 2010, 9:09 pm

The country's five big banks have again shown their mettle after reporting combined quarterly net income of C$5bn, up more than two-thirds from 2009

Source: FT.com - Financials FT.com - Financials |

Apollo to buy Citi real estate unit 9 Mar 2010, 8:24 pm

Apollo Management has signed a preliminary agreement to buy Citigroup's property investment unit in a deal that would give Leon Black's private equity firm a far bigger presence globally, people famil. […]

Source: FT.com - Financials FT.com - Financials |

Gartmore cautious in spite of inflow of funds 9 Mar 2010, 7:45 pm

The asset management group offers a cautious outlook for the rest of 2010 despite a £273m net inflow of funds in the first two months of the year as volatility returned to the market

Source: FT.com - Financials FT.com - Financials |

Senators eye pre-funded resolution authority 9 Mar 2010, 7:37 pm

Senators in the banking committee have agreed in principle to a partially pre-funded 'resolution authority' to wind down a failing bank holding company, favouring a structure that would levy a $50bn c. […]

Source: FT.com - Financials FT.com - Financials |

Whatever animated suggestions for novices in Forex trading

Thursday, March 19th, 2009

The way to turn a forex trader is grueling and one cannot prettify a bargainer virtuous the incoming day. Paid trading techniques jazz to learnt over indication, honourable as the way it would be for one to transport into a attorney of conceive, an communicator of best-sellers, or a skilful computer technologist. Various eld [...]

Forex Chart Tutorial - Triangles

Tuesday, January 13th, 2009

Many Forex traders like to use technical analysis to help them make trading decisions. In this article on technical charts, I’ll discuss the uses and implications of the triangle candlestick pattern.
What Is A ‘Triangle’?
Triangle patterns are relative easy to identify on the trading charts. It is formed by price action that is bound within two [...]

Learn How to Profit Trading Forex

Tuesday, January 13th, 2009

Forex is a 1 trillion dollar market and has grown rapidly among speculation traders in the past few years. With the internet and retail brokers now available, one can open an account with a broker for as little as fifty dollars.
Understanding how the forex market works before one can profit through trading is essential. The [...]

Friday, December 19th, 2008

titleForex Auto Trader - The How, What and When/titlepForeign exchange is one of the most invested business industries ever to have occurred in human life. An investor or private individual can instantly earn thousands of dollars through exchanging foreign currencies based on the movement of the value or Forex rate. A non-stop money-making business, you [...]

Is The Fundamental Or The Technical Method Better For Forex Trading?

Tuesday, December 16th, 2008

Getting started with Forex trading means that you will have to choose either the fundamental method of the technical method. Many people use one method or the other and are able to get the profit they want for either system. This means both methods will work, it may just depend on what kind of person [...]

Effective Forex Pivot Point Trading System - Understanding How it Works

Monday, December 15th, 2008

One of the most important factors to forex traders when it comes to profiting in the forex market is being able to determine when to buy in or out of a trade. This is where pivots come into place. If you can properly assess the trends and interpret pivots you will be very successful as [...]

Does Forex Make Money?

Saturday, December 13th, 2008

With a daily turnover estimated at around $1.8 trillion the answer to the question “Does the Forex make money?” is pretty obvious.
The bigger question is: “For whom?”
With the opportunity for anybody and everybody with a computer and an internet connection to participate in the Forex to make money in recent years, thousands of individuals have [...]

Forex Trading - What is a Realistic Target in Terms of Profit?

Saturday, December 13th, 2008

What is a realistic gain per annum for a new trader in forex trading? Most new traders either give you an blank expression, or quote a wild figure. Here I will give my views based upon the experience of having taught and been a broker to over 5,000 traders…
The best traders I have seen have [...]

Forex Trading - What is It?

Tuesday, December 9th, 2008

Forex trading is the process of buying and selling foreign currencies with the sole aim of making a profit. Foreign exchange rates are simply the price of one currency in terms of another one. If the exchange rate between the US$ and the £ is $2=£1, this means that one pound of sterling will cost [...]

Forex AutoMoney Vs Forex AutoPilot

Saturday, December 6th, 2008

Forex AutoMoney and Forex AutoPilot are two programs which serve Forex traders of all levels (especially the beginner and intermediate ones). Yet the 2 are very different from each other. In fact, apart from the fact that both can help you to make your Forex endeavor vastly more profitable, there isn’t much similarity to be [...]