EURUSD – Our Forex positioning indicator accurately forecasted Euro/US dollar declines through recent trade, and contrarian analysis of current “crowd” trading likewise signals that the EURUSD may continue its decline.
Source:EURUSD-Forex Trading Indicator Forecasts Euro May Gain Before Further Declines (Daily FX)
(Updates with latest market move)
Source:FOREX-Euro briefly turns negative on credit market fears (Reuters via Yahoo! Philippines News)
SADDLE RIVER, N.J., BUSINESS WIRE — FX Solutions, LLC (www.fxsolutions.com) today announced the merger of IFX Markets Inc. into FX Solutions. Both companies are wholly owned subsidiaries of City Index Group.
Source:FX Solutions Merges with IFX Markets Inc. (Broadcast Newsroom)
Within the last 20 minutes our Forex Automated Trading Signals suggested that two trades may be in the works. The first, USDJPY, may realize to be a long Momentum2 based trade. This comes as the signal shown below indicates momentum going in the upward direction.
Source:Automated Trading Signals See Two Yen Trades in the Works (Daily FX)
FX Energy, Inc. today reported that it has taken steps to improve its already liquid balance sheet. The Company has drawn an additional $14 million under its Senior Credit Facility through the Royal Bank of Scotland .
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