Archive for June, 2010

Asian shares are rising and the euro seems to be about to turn upward after China’s central bank, The People’s Bank of China (PBoC), announces they will accept an increasing flexibility in exchange rates. Read more about the new Chinease currency policy below.

Gradual upgrade of Yuan

China’s central bank announced there will be a gradual easening of the local currency, Yuan. This is something many investors, Americans in particular, been waiting for a long time. Risk Appetite seemed rapidly increasing, and several stock (more…)

According to a recent report by London Foreign Exchange Joint Standing Committee, 62 % of the daily forex spot transactions are done either with electronic forex brokerages (41 %) such as Reuters, or by electronic forex trading (21 %) with brokers such as ForexYard or AvaFx. The most popular currency pairs to trade (more…)

eSignal just launched a new service for online forex traders called ‘OnDemand Forex‘.

Why use eSignal?

• Up to 12 years of minute interval forex data and 19 years of daily, weekly and monthly data.
• Optimal for technical analysts: Intuitive charting with unlimited options for technical analysis.
• Advanced fx back testing options, supporting all major and exotic currencies.

Several forex brokers are participating, such as Barclays London, FXCM and (more…)