יום שבת, 31 ביולי 2010

Forex: trading week will be affected by the positive mood in the markets

Yesterday (Sunday) was no trading in foreign currency, when the week ended trading positive trend. Rate added during Thursday 0.184%, and his hair was set on the 3.818 exchange rate of NIS.

 
Today Israel's interest rate decision published on 17:30 Achsahcfi stay on 0.5% frank, and easy to maintain relatively weak against the dollar for exporters, but recent growth and inflation figures click on the bank to raise interest rates will cause the Governor to do so already in the near future you can read more about it in the forex books website.
Global foreign exchange market (forex trading), a weekly summary dollar weakened after trading higher level of volatility. Earlier this week, the dollar strengthened by the publication U.S. consumer confidence index, which was significantly below expectations and raised concerns about the ability of American consumers to support the exit of the recession.
However, towards the end of this week reported that U.S. oil barrels stock declined steeply, indicating a recovery given the American economy caused in part the weakening U.S. dollar.
The Canadian dollar strengthened during the weekend trading, due to the strengthening of world oil prices local stock exchange in Canada. Strengthening causes many traders to assess that the global economy recovers, which raises the demand for Canadian currency coins as an example, this rebound feeding.
U.S. Federal Reserve chairman, Ben Bernanke, said on Friday that the world economy following the recession starts to firm them have taken steps central banks and governments around the world. "After falling sharply last year, it seems that stabilizes economic activity, both in the U.S. and abroad, and prospects for a return to growth in the short term seems good.
The world has passed the most severe financial crisis since the Great Depression. However, no matter how severe the economic impact of the crisis, the result could have much worse, "said Bernanke.
The price of oil rose at the end of trading on Wall Street after a new record annual trading during the trading level of well over 74 dollars a barrel against the U.S. dollar's weakness against major currencies. Futures contract for October delivery crude oil rose 98 cents a barrel to U.S. $ -73.89 commodity Exchange of New York.
Prices of platinum futures rose during trading at the weekend due to estimates that the company's workers Impala Platinum Holdings, the company is the world's second largest platinum production, the factory went on strike which will begin in South Africa. Contract price of platinum rose by 1.4% to U.S. $ 1259.20.

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יום שני, 26 ביולי 2010

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