Ten Bad Habits Cause Debt Disaster

Here are the ten habits that we have to avoid since they will lead you to debt disaster: Misusing balance transfer Lazy to check Credit report to bureau although you know that there is big possibility for error credit report Failing to alert creditors about credit hardship Using retail store credit cards to make use [...]

Kathleen Brooks, Research Director at Forex com, on the Budget 2011 2

Forex Technical Update 8/3/2010 – Is US Dollar Recovery Imminent?

Forex Technical Update 8/3/2010 Fan Yang, CTA FXTimes The USD is plagued with further weakness across the board. I am monitoring many dollar crosses in order to make sure there is confirmation when the USD does rally. This is like looking at the internal structure of the dollar index. I believe the main crosses to [...]

Oct. 8, 2008 Forex Hedge Trade: $360 Profit

I made a hedged trade today on the EUR/USD currency pair. I was able to get 60 Pips Long, which was a 00 profit at 2 lots. The Short trade ended up -42 Pips for a 0 Loss. So the net result was a 0 Profit. The great thing about the Hedging Strategy from the [...]

Forex News Daily Recap (10/6): Dollar Stumbles as ADP Jobs Report Points to More QE

A US jobs report showed that private companies shed payrolls in September. That increased the prospect of quantitative easing by the Fed and pressured the US Dollar. In NY trading we saw the EUR/USD at a fresh 6-month high, USD/JPY breached a fresh 15-year low, USD/CHF fell to a new record low, and the AUD/USD [...]

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