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 bank holidays in both the US and UK.

During Monday’s trading session on London’s ICE futures exchange Brent crude was trading at $114.68 a barrel, down by 0.3 per cent or 35 cents, while prices at the New York Mercantile Exchange were trading down by 43 cents or 0.4 per cent at $100.16 per barrel. Next week there’s to be a meeting of the Organization of Petroleum Exporting Countries, who are facing mounting pressure, from oil consuming countries such as Japan, to increase supply to help reduce prices.

Further worries regarding Greece and its debt repayments weighed heavily on the euro’s fortunes, which helped the US dollar continue its gains against the single European currency. The EUR/USD currency pair fell as low as $1.4258 late in the London trading session before recovering to the $1.4269 mark by the close of New York trading.

If you want to trade either foreign currencies or oil and other commodities head over to eToro, where you will find many instruments to trade including oil and the EUR/USD currency pair. If you’re a new Forex trader at eToro you can also benefit from a Forex bonus of up to $10,000 when you first fund your trading account. To open a free trading account with eToro visit www.etoro.com.

On a day where traders at ForexYard and other online brokers saw the euro make significant gains ahead of tomorrow’s policy meeting of the European Central Bank, it may have been easy to miss the British pound making headway against the US dollar during Wednesday’s US trading session.

The euro has been strengthening broadly against many currencies every day since the beginning of the week and today was no exception. All of the Forex news has been focussing on the single European currency, the European Central Bank and the predicted interest rate hike, which is believed by many to be around the 25 basis points mark. This led to the euro trading as high as 1.4350 against the US dollar and 121.97 against the yen.

These gains by the euro meant that the pound’s advances went relatively unnoticed by many. The GBP/USD currency pair was trading around the 1.6330 mark at the time of writing this article, which is a climb of 0.21 per cent on the day, and certainly worth some column inches. Traders who bought pounds at the right time today will be rubbing their hands right now.

In other online trading news, the price of precious metals has continued to rise, reaching record highs as the civil unrest in the Middle-East leads to traders avoiding risk and investing in safe haven instruments such as gold and silver. Today, gold hit a record high price of $1,458.50 an ounce, while silver climbed to a 31-year high of $39.77 an ounce.

If you want to speculate on the future of the world’s leading currency pairs and commodities the visit www.forexyard.com. As a new trader at ForexYard you will receive access to a wide choice of instruments with tight spreads and a 10% welcome Forex bonus of up to $1,000 when you first fund your account.

Thursday was a good day for the US dollar, as another fall in jobless figures saw the greenback outperform the majority of its counterparts. The euro, the Japanese yen and the Swiss franc all lost ground against the American currency, with a number of factors influencing the dollar’s day.

Online Forex traders at ForexYard and other sites watched the EUR/USD nosedive following the job data from across the Atlantic, while at the same to suffering from declining confidence that the Eurozone will be able to steer its way clear from the current debt crisis that’s strangling the single European currency. The euro hit a $1.3578 US trading session low before recovering slightly to $1.3591, still down by 1 per cent on the day.

Traders also witnessed the dollar outstripping the Japanese yen, with the USD/JPY nearing a one –month high of 83.29 before losing momentum and easing back to 83.23, up 1.0 per cent in the day.

Even the Swiss franc fell prey to the ever-advancing US dollar. Risk aversion tactics have been reduced by investors and traders following the civil unrest in Egypt, which effect both the US dollar and the Swiss franc, both currencies have felt the pinch but today’s jobless figures from the US has kept the greenback ahead of its Swiss counterpart.

If you want to trade any of the currency pairs mentioned above or try your hand at speculating on the fortunes of many other currency pairs visit www.forexyard.com. ForexYard is one of the internet’s premier online Forex brokers and as a new trader you can also claim a welcome bonus of up to $1,000.

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If you’re a new Forex trader you will often come across terms which seem unusual to you and many of these terms will be currency nicknames. What we mean by ‘nicknames’ is other names that various currencies are informally referred to as. Not all currencies have nicknames but many of the bigger, more popular ones do.

First up is the US dollar. This, the most famous of foreign currencies has been made famous by hundreds of Hollywood movies and being such a well-known currency it actually has two nicknames; the ‘greenback’ and the ‘buck’.

The British pound is often referred to as sterling and when traded against the USD the pair is referred to as the ‘cable’. This is because an actual cable was laid across the Atlantic Ocean in order to transmit data between the US and the UK.

Relative new kid on the block, the euro is often referred to as the ‘fiber’ when traded against the USD. The reason for this is often disputed, with the most people subscribing to the idea that name comes from the data transmission method in a similar manner to the cable.

The Canadian dollar is known as the ‘loonie’. This is because a Canadian one dollar coin features an image of a common loon, which is a well-known Canadian bird. When the loonie is traded against the US dollar it is known as the beaver.

There are many other quirky and unusual names to be found while trading Forex. If you want to trade Forex yourself head over to www.etoro.com, where you can open a new trading account in a matter of minutes with as little as $50. As a new trader at eToro you will also qualify for a welcome bonus of up to $10,000.

Before you take the plunge and invest thousands trying your hand at Forex trading it is often best to test the water first, to see if Forex trading is for you. Many good Forex markets will offer you a demo account and even though these demo accounts go a long way to showing how well a specific trading platform works for you trading with pretend money isn’t the same as trading with your own cold, hard cash, which is why you can now open a Micro Forex Trading Account At Finexo.

As one of the world’s leading retail Forex trading markets, Finexo understands the difficulties faced by new traders. This is why they are now offering new Forex traders their new micro Forex trading accounts. This way you get to wager your own money, giving you a feel for trading for real but without the risk of losing thousands of dollars if you do get it slightly wrong to start with.

Finexo was established in 2003 and had since grown to be one of the internet’s leading trading platforms with thousands of Forex traders using Finexo to speculate on the price of currency pairs every week. Traders at Finexo have access to a state-of-the-art trading platform which allows you to make trades comfortably, including remotely using your PDA or via the SMS service.

Visit www.finexo.com to open a new micro Forex trading account and start trading on the huge number of currency pairs available at Finexo with as little as $25, avoiding the necessity to invest huge sums of cash before seeing of Forex trading is right for you.

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When it comes to forex trading companies, one of the fastest growing and most popular of these companies is AVAFX. There are many reasons why over 100,000 forex traders worldwide choose to invest in foreign exchange with AVAFX, ranging from the dozens of currency pairs available to trade to the 24 hour trading support plus for a limited period only you can receive Free Forex Training Courses With AVAFX when you open a new forex trading account with them.

New forex traders can often misunderstand the complexities of foreign exchange markets, often making poorly thought out and rushed trades without really understanding what they’re doing. This can be a costly exercise which can often put off forex traders for good. However, with a little bit of advice, training and guidance you can start to earn rewards from your investments, which is exactly why AVAFX offers these two great training courses.

Course one is titled “Advanced Strategies for Forex” and offers a comprehensive guide to advanced forex trading, covering all aspect from the use of volatility to select the best performing currency pair to ADR set-ups, detailing the set-up the entry, the initial stops, profit taking and the use of trailing stops. Course two, “Technical Analysis for the Professional Trader” offers invaluable advice to the experienced forex trader including how to read charts correctly, using trend lines and how to predict better trade exit points.

AVAFX is an award winning forex trading company which volumes over $20 billion in trade each month and has the backing of a major financial institution with over $17 billion in assets under management. AVAFX was designed by retail traders like you and I, which means they understand the requirements of this fast growing market sector.

Visit www.avafx.com to open a new forex trading account and to receive these two free forex training courses absolutely free of charge.

The highly respected Forex WebTrader offers one of the most sophisticated web-based forex trading platforms on the net and for a limited time only all new Customers At Forex WebTrader Receive A 10% Bonus on their first deposit. You can earn up to $500 to boost your forex trading venture right from the off.

Forex WebTrader has quickly become a firm favourite for many forex traders across the world for a few reasons. Forex traders using Forex WebTrader benefit from the use of an industry-leading trading platform, which has a step-by-step walkthrough of the many functions and tools available to make your forex trades more profitable and now you can receive an additional 10% to assist you to be a profitable forex trader.

Simply make your first deposit with Forex WebTrader for at least $25 to receive a welcome bonus of up to $500 for a deposit of $5,000 or more. You can withdraw the bonus once you have conducted trades of more than 5000 times the initial deposit value + bonus (for example: $100 + $50 = 150 x 5000) within his/her account (including leverage trading).

You will find a huge range of currency pairs to trade with at Forex WebTrader. You can trade over 45 individual currency pairs with leverage of up to 100:1 available too. You will also find some of the lowest spreads available from any forex trading company at Forex WebTrader.

Forex WebTrader, who are a trading name of Finexo Ltd, a world leading forex broker, have various global offices and are regulated by the financial authorities of Germany plus they use the very latest encryption software to maintain the very highest levels of security for you and your personal details.

Visit www.forexwebtrader.com to open a new forex trading account and receive a 10% welcome bonus with your first deposit up to $500. This offer won’t last forever so head over to Forex WebTrader today.

When it comes to forex trading one company has launched its way to the front of the pack, quickly becoming one of the most popular forex trading platforms on the internet. eToro is a new way to trade, offering you the chance to trade online currencies and commodities using their cutting edge, ground breaking trading platform plus you can also receive a $1,000 Welcome Bonus With Your New eToro Forex Trading Account.

There are many reasons to open a forex trading account with eToro, not just a $1,000 welcome bonus. New traders at eToro will get access to a comprehensive practice account which allows you to fully evaluate the trading platform, great value from low spreads and a great range of products to trade including gold, silver and numerous currency pairs.

The amount of welcome bonus which you receive at eToro will depend on how much you deposit when you first fund your account.

• Deposit between $100 and $399 to receive a $25 bonus

• Deposit between $400 and $999 to receive a $100 bonus

• Deposit between $1,000 and $4,999 to receive a $250 bonus plus a silver trading account

• Deposit between $5,000 and $9,999 to receive a $500 bonus plus a gold trading account

• Deposit between $10,000 and $19,999 to receive a $1,000 bonus plus a gold trading account

• Deposit over $20,000 to receive a tailor made bonus allowing you to get the most out of your new forex trading account plus a VIP trading account.

With such generous trading offers and a world-class trading platform it’s easy to see why eToro is quickly becoming one of the leading forex trading platforms to be found anywhere online. Visit www.etoro.com to see for yourself what makes eToro such a firm favourite with forex traders across the world.

Every robot on the market today has 1 system (robot) trading multiple currency pairs. This didn’t make sense to the Ivybot team and it shouldn’t make sense to you either. That’s where the real genius of IvyBot comes in. IvyBot gives you 4 Robots, 1 for each currency pair in which it was designed. How can the other systems possibly have ONE piece of code capable of performing all the calculations on more than one currency pair? THEY CAN’T! Ivybot has a robot that is designed, optimized, and perfectly tailored to trade each currency pair, and we give you four of them.

• 4 seperate robots in a price
• FREE robot upgrade
• Informational webinar
• 60 day money back guarantee

Learn more Here!

Mini Account uses a different leverage calculation than a regular (100k) account. Instead of trading full-size currency lots (100,000 units), you’ll trade in lots that are just 1/10 the size (10,000 currency units), which in turn greatly reduces the amount of money you risk in each trade you enter.

The characteristics of a Forex Mini Account are as follow:

• Minimum required account deposit = $300
• Recommended required account deposit = $2,000
• Traded in 10,000-unit currency lots. There is no maximum trading volume on the Mini trading platform.
• Pips in a Mini Account are worth, on average, $1. Pip is the smallest increment that a currency pair can move. For most currency pairs, a pip is a change in the fourth decimal place of the currency quote. For example, if EUR/USD is quoted at 1.6567 and it moves to 1.6568, it has increased by 1 pip. The value of 1 pip is calculated by the size of the lot that is traded. So, if you buy a standard lot of 100,000 EUR/USD at 1.6567 and it goes to 1.6568, a 1-pip move, then the value of your trade has increased by $10 (or 100,000 x 0.0001). Because Mini Account have smaller contract, the pip value is also smaller that is $1.
• The Mini Forex account offers up to a huge 200:1 leverage, this means that just a $50 margin deposit will allow you to trade lots worth roughly $10,000.
• Default Margin: set at 0.5% ($50 per mini-lot)

There is no downside to trading a Forex mini account, you will be enjoying all the benefits that full-size FX account holders enjoy. This mini accounts are ideal for a beginner forex trader to gain experience.

Beware, trading foreign exchange on margin carries a high level of risk, and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to trade foreign exchange you should carefully consider your investment objectives, level of experience, and risk appetite.