Sunday, October 25, 2009
About cmx forex (2)
CMS Forex’s advanced trading software, VT Trader™, combined with the dedication to go above and beyond to meet its clients’ needs, create a system that traders know they can trust. These attributes, plus many others, prove that CMS Forex has built from the ground up a service that truly stands on its own.
About Cmx forex
CMS Forex was founded by professional Forex traders, Forex brokers, and software developers, and as a result has been able to identify traders’ needs from the very beginning. Since 1999, CMS Forex’s mission has been to provide the most powerful currency trading technology combined with quality execution, competitive services, and dependable customer service. Over the past seven years, CMS Forex has quickly become one of the world’s leading online retail currency trading institutions, providing secure, user-friendly Forex trading software.
With the achievements of 900% growth in the past three years, and the execution of over $80 billion in clients’ transactions in 2005, CMS Forex has ensured itself and its valued traders an advantageous position for the future.
Wednesday, October 21, 2009
Fundamental review of the week from 01.06. year to 05.06.2009
The week begins with retail sales in Australia in April. The sector enjoyed solid sales in recent months as the combination of fiscal and monetary incentives "otduha 'consumer portfolios. Over the past months, signs of improving the overall consumer confidence also support retail. By continuing incentives (in the form of fiscal variations) during April, and total disappearance of the speculator market during this period we expect a new sound-percent increase in sales for the month. Later PMI index of European countries and the euro will show whether improvements in the Old Continent and may lead to new "bichi movement in favor of the euro. The main index of U.S. consumer spending for April will also be removed - the capacity and extend the recession reduced price to a point of deterioration and inflation pressure down during the next 12 months. But it is proven that this will show a little more slowly in the data, based on inflation, which has stabilized recently. Manufacturing index recovered from 28-year bottomed in 32.9 in 40.1 Dkemvri it for April, which was the lowest for the past 18 years, if the last 6 months were never happen.
The History of Forex Trading
Coins were initially minted from the preferred metal and in stable political regimes, the introduction of a paper form of governmental I.O.U. during the Middle Ages also gained acceptance. This type of I.O.U. was introduced more successfully through force than through persuasion and is now the basis of today’s modern currencies.
Before the first World war, most Central banks supported their currencies with convertibility to gold. Paper money could always be exchanged for gold. However, for this type of gold exchange, there was not necessarily a Centrals bank need for full coverage of the government's currency reserves. This did not occur very often, however when a group mindset fostered this disastrous notion of converting back to gold in mass, panic resulted in so-called "Run on banks " The combination of a greater supply of paper money without the gold to cover led to devastating inflation and resulting political instability.
Daily Technical Analysis 28.05.2009
U.S. dollar continued to man in the Asian session, as we expect to maintain and test the downward movement of price in the area of support at 1.3722, which now appears stable enough to reduce a significant growth of green money. In support of the estimates appear to fall down values of stochastic indicator and MACD. In the opposite option, enhancing the confidence of traders in the green money will direct cost to resisting 1.3860 and 1.4050.
Dollar benefit from the problems in Europe
Concerns about the budget of Germany, expressed in the statement of Finance Minister of the country and fall in the UK BVR squeezed position of the European currencies, and thus gave a predominance of green money.
DXY dollar index has increased from 84.105 to 85.138, with a week added 1.5 percent on their level.
On a weekly basis most traded pair EUR / USD has changed with 0.4 percent at the expense of the interconnected currency from 1.3520 dollars per unit, the euro traded in the U.S. Friday trading at the 1.3289 dollars.
Increased loss of gold, whose price last week fell by 3.5 percent. Last night, April futures become cheaper with 1.8% or $ 16.70 to $ 923.20.
Fundamental review of the week from 01.06. year to 05.06.2009
The week begins with retail sales in Australia in April. The sector enjoyed solid sales in recent months as the combination of fiscal and monetary incentives "otduha 'consumer portfolios. Over the past months, signs of improving the overall consumer confidence also support retail. By continuing incentives (in the form of fiscal variations) during April, and total disappearance of the speculator market during this period we expect a new sound-percent increase in sales for the month. Later PMI index of European countries and the euro will show whether improvements in the Old Continent and may lead to new "bichi movement in favor of the euro. The main index of U.S. consumer spending for April will also be removed - the capacity and extend the recession reduced price to a point of deterioration and inflation pressure down during the next 12 months. But it is proven that this will show a little more slowly in the data, based on inflation, which has stabilized recently. Manufacturing index recovered from 28-year bottomed in 32.9 in 40.1 Dkemvri it for April, which was the lowest for the past 18 years, if the last 6 months were never happen.