U.S. dollar set to gain in currency tradingRecently, the only currency that has been giving the greenback trouble in FX trading has been the Japanese yen. However, the forex trading forecast for the dollar/yen shows that things may be changing.
Right now, due to risk aversion, the Japanese yen has been gaining against the U.S. dollar […]

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Loonie declines in currency trading on the FX marketThe Canadian dollar continues to weaken in forex trading on the currency market. As global stocks decline in response to a worldwide recession, and as oil prices continue to struggle, the loonie finds itself weaker in currency trading.
Because the Canadian dollar is a commodity currency, it relies […]

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New financial rules hammered at as wellOver the weekend, the G-20, comprising the leaders of the biggest economies (developed and emerging) met to try and decide what to do about the global recession. There was very little real substance in the meetings, but the leaders did pledge the following:

Coordinated action to end the global recession.
Agreement […]

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Currency trading with the euroThe euro is rallying this morning in forex trading on the currency market as the G-20 meeting concludes. Even though the participants made noises and promises that they will combat the current situation of global recession, no unified plan was developed.
However, despite this, currency trading with the euro is picking up. […]

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U.K. pound drops in currency tradingAs one might expect, the U.K. pound continues to drop in currency trading on the FX market. Indeed, U.K. rate cut expectations are sending the sterling lower in forex trading as the economic news continues to worsen.
In terms of both fundamental analysis and technical analysis, it seems clear that the […]

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Greenback declines in the short-term in currency tradingThe U.S. dollar forex trading forecast for the short-term is showing a story of decline. The euro is rallying in forex trading, and the yen continues to dominate as risk aversion remains a fixture on the currency market.
The greenback is declining in currency trading on the FX market […]

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Currency trading in pairsOne of the features of forex trading is that someone is always making money. This is due to the nature of currency trading in pairs.
Because of the way FX trading is executed, there is always someone making money, since there is always the other side to the pair. If the euro is […]

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Currency trading and global recessionEven while officials hesitate to officially declare that the U.S. is in a recession, that situation has been confirmed in Europe and in Japan. The two economic powers have been confirmed in a recession.
However, in spite of this, the euro has rallied this morning in forex trading, and the Japanese yen […]

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Currency trading with the euroThe euro is dropping in forex trading on the currency market as recession becomes a reality. Currency trading should consider that the euro zone economy is sliding into a recession, and that is affecting the currency against the dollar, which is receiving some support due to optimism that the economy may […]

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Is a buying opportunity at hand for the U.S. dollar?In forex trading, technical analysis can offer some insight into whether or not a buying opportunity exists. Right now, there is thought that a U.S. dollar retracement could offer a chance for currency trading buying. ActionForex points this out about FX trading and the U.S. dollar:
Last […]

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