Thursday, June 23rd, 2011
Click here to visit ForexYard According to the minutes from their June meeting, the Bank of England is set to freeze interest rates yet again, keeping them at the record low of 0.5 per cent. It is suggested that alternative quantitative easing measures would be discussed, but the very suggestion that the BoE may print [...]
Wednesday, June 8th, 2011
Click here to visit ForexYard On Tuesday the US Federal Reserve Chairman Ben Bernanke made a statement that many traders and market analysts predicted, suggesting that interest rates will remain low for the foreseeable future. Bernanke’s comments hurt the US dollar, with the Greenback trading down against most major currencies at ForexYard and other trading [...]
Tuesday, May 31st, 2011
Click here to visit eToro As the price of oil is affected by the strength of the US dollar, and as the dollar made modest headway against the euro during Monday’s trading sessions the price of crude oil has fallen. However, traders at eToro and the world’s other Forex markets saw limited trading thanks to [...]