GFT Named Best Forex Education Provider

2011 IBTimes Trading Awards Released - GFT Named Best Forex Education ProviderGlobal news leader International Business Times (IBTimes.com) announced the results of the 2011 IBTimes Trading Awards in New York City on May 31, 2011.GFT, a US-based Forex Broker, won 3 awards: Best Forex Education Provider Award, Customer Service - Excellence...

Euro Pulls Back Slightly, Regains Lost Ground

Profit taking after Greek austerity voteThe euro lost ground in forex trading, for a little while, as profit taking ensued after the Greek austerity vote. Now, though, with support from higher gold prices and general risk appetite, the euro is gaining in forex trading.Indeed, the euro is higher as optimistic forex traders look for better...

Euro Looks for Weekly Gain in Forex Trading

Currency trading with EUR/USDThe euro is heading for a weekly gain in forex trading on the currency market. Unless something dramatic happens tomorrow, the euro will likely end on a much higher note, following a week-long rally.Euro is getting plenty of support right now as the Greek austerity measures become finalized. Additionally, there...

IMF Asks U.S. to Raise Its Debt Ceiling

Greenback lower today in currency tradingOne of the issues that could weigh heavily on the U.S. dollar in currency trading on the FX market is the fact that the debt ceiling has been reached. For now, dollar weakness is due mostly to relief over the Greek austerity vote, and risk appetite.Later, though, dollar weakness could come as a result...

Euro Rallies Even with George Soros Warning

Euro higher in forex tradingThe euro is seeing some strength in forex trading on the currency market after dealing with a degree of weakness. Fears about what's next for the euro zone have been weighing on the 17-nation currency.Worries expressed by billionaire investor George Soros regarding a possible economic collapse in Europe because...

Canadian Dollar Struggles Against Volatility

Loonie in currency tradingThe Canadian dollar is struggling in forex trading on the currency market today. Choppy trading marks CAD/USD as economic news out of the U.S. sends waves of uncertainty through the financial markets.While the loonie has been struggling to hold on in currency trading, it looks as though it might succumb. The dollar...

Oil Prices Continue to Rise, Helped by a Lower U.S. Dollar

Greenback and oil pricesLast week, the U.S. tapped its strategic reserves, and the IEA released oil into the markets. The move temporarily sent oil prices lower, but they have been stubbornly higher recently.Some of it has to do with speculation that demand could pick up. However, the lower U.S. dollar has something to with it as well. Oil...

U.S. Dollar Down in Forex Trading

Greenback lower in currency tradingWith all the optimism and risk appetite as a result of expectations of a Greek bailout, it is little surprise that the U.S. dollar is lower in forex trading.Greenback is down in currency trading on the FX market today, thanks to renewed appetite for risk. The Aussie is gaining as gold prices rise, loonie...

U.S. Dollar Forex Trading Forecast: More Weakness in the Near Term

Currency trading with the greenbackThe U.S. dollar forex trading forecast, for the short term, is likely to see more weakness. Indeed, there are a number of factors likely to affect the greenback in currency trading during the near term. Action Forex offers 5 items undermining the U.S. dollar in forex trading:1. Concerns about the U.S. debt...

Euro Zone to Get Help From China

Euro forex trading forecast looks upEven though a bailout for Greece is widely expected, there are still concerns about the euro zone in general. Other countries, like Portugal and Ireland, still have debt issues. However, the euro zone might get some help from China.China is pledging to buy European debt in an effort to keep the 17-nation...

Greek Austerity May Not Be the End of the Problems

Euro zone gets boost from Greek austerity voteWith the way open for another bailout for Greece, the euro zone is getting a boost. The euro is higher in forex trading on the currency market, helped by increased risk appetite.Between the Greek austerity vote, better news out of the U.S. in terms of home sales, and expectations that China will...

Greek Austerity May Not Be the End of the Problems

Euro zone gets boost from Greek austerity voteWith the way open for another bailout for Greece, the euro zone is getting a boost. The euro is higher in forex trading on the currency market, helped by increased risk appetite.Between the Greek austerity vote, better news out of the U.S. in terms of home sales, and expectations that China will...

Aussie Struggles in Currency Trading

Australian dollar lower in forex tradingThe Aussie is struggling in currency trading on the FX market today, moving lower as concerns about the global economy surface -- and as gold prices drop.Fears about what is happening in the euro zone are weighing on the Aussie. This is a little odd right now, considering the fact that the euro is rallying...

Aussie Struggles in Currency Trading

Australian dollar lower in forex tradingThe Aussie is struggling in currency trading on the FX market today, moving lower as concerns about the global economy surface -- and as gold prices drop.Fears about what is happening in the euro zone are weighing on the Aussie. This is a little odd right now, considering the fact that the euro is rallying...