| Yen advances, high-yielders retreat on econ worries (Reuters) The yen was broadly firmer on Monday after weak economic data out of the U.S. clouded the outlook for a quick global recovery, prompting further profit taking in commodity-linked currencies after their sizzling rally. us.rd.yahoo.com |
British Pound Takes Center Stage as Bank of England Announces Interest Rates (Euro Open) (Daily FX) The British Pound is in European trading hours as currency markets turn their attention to the interest rate decision from the Bank of England. An actual change in borrowing costs is unlikely, with traders paying keen interest to anything that hints at the future course of the bank?s quantitative easing program. us.rd.yahoo.com |
Commodities reverse early gains as dollar rises (AP) A strengthening dollar choked off an early advance in gold, copper, oil and other commodities Monday, sending futures prices tumbling. us.rd.yahoo.com |
The Basics (Daily FX) Not sure what a pip is? What do they mean by leverage and margin? How do I earn rollover on my trades? These are the kinds of questions that are answered in The Basics section of DailyFX. us.rd.yahoo.com |
The Usd of Moving Averages (Daily FX) Moving Averages may be the most popular technical indicator because they are easy to understand. us.rd.yahoo.com |