Euro keeps on struggling as debt alarms loom
After the recent economic meltdown, many Americans are knee deep in debt. If you are one of them and facing troubles in paying back your creditors, it’s time that you consider some debt relief programs. You may choose from a range of debt relief programs like credit counseling, realistic budgeting, debt consolidation, or even bankruptcy. The program you select depends on your amount of debt and your level of discipline. However, the enormous amount of debt also had a significant effect on the American economy.
Although it started off on a positive note, the euro somehow toppled against the majority of its main currency contenders. This is because the euro-zone debt crisis constantly takes the investors away from the currency. With a probable enhancement in today’s US New Home Sales figure, it’s not very likely that the euro will turn around to its current bearish fashion.
Unemployment claims improve USD prior to holiday weekend
The previous US Unemployment Claims provided the USD with an extra boost against its chief currency competitors before the holiday weekend. The recent unemployment figure reached a level that’s even lower than what was expected by the analyst. It’s actually the poorest figure since April 2008. In the early hours of the euro zone debt crisis, when investors were searching for a secure haven outlet, the positive jobs statement provided them with an added encouragement. In the present economic condition, traders may expect further market instability. Numerous American indicators like the New Home Sales and the Core Durable Goods Figure report may lead to further monetary gains. Specifically, the New Home Sales record will probably play a significant role in the future trading session. Besides employment, one of the key contributing factors to the American economic crisis is home sales.
EUR unable to recover losses in Thursday dealing
In spite of initiating the day off on an optimistic note, the euro wasn’t able to retain its bullish trend. This happened due to a lot of reasons which forced investors to dump the currency. The decision of the ECB to set up a three-year refinancing process boosted expectations that the euro-zone debt crisis might be lessening. On the other hand, negative reports about the real condition of the European economies caused the currency back down. This report brought the USD/EUR perilously close to the major 1.300 level.
Moreover, positive US reports resulted in traders redirecting their cash to the steadier greenback prior to the Christmas Holiday. Analysts are of the view that the euro isn’t much likely to bounce back before the New Year and will hang on to its downward slide even in 2012.
Fabien Riggall Founder of Future Shorts on BBC World News Today
Fabien Riggall, Creative Director and Founder of Future Shorts and Secret Cinema, meets with BBC World Service to respond to David Cameron’s remarks made last week regarding the Film Policy Review (released on Monday, 16 January) and funding for cinema and film production and distribution.
Larry Williams – The Future Millionaire’s Trading Course part 1
Williams has created several market indicators including Williams %R, The Ultimate Oscillator and value measurements for commodity prices. He was the first recipient of Trade Stations Life Time Achievement Award.Williams won the 1987 World Cup Championship of Futures Trading from the Robbins Trading Company, where he turned 000 to over 00000 (11376%) in a 12 month competition with real money. Ten Years later his daughter Michelle won the same contest, as have numerous of his students. He is the first author to write books on Seasonality and commodity prices, the originator of the “Volatality Breakout” technique as well as the first to write about the Commitment of Trader Report.
The Dollar, the Euro and the Deepening Crisis
Leo Panitch: US consumes five times China and India combined – Asian markets are not the way out of the crisis
Foreign Exchange Morning Update — 20.01.12
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Forex News Trading – Spike Trade Forex Futures
Live forex futures news trade. In under a second we captured 10 points using the Secret News Weapon from Fast Economic News. This powerful forex and forex futures news trading software automatically clicks buy or sell based on the economic data. For more information about the Secret News Weapon please visit www.fasteconomicnews.com
Live Futures Trading – Eurodollar Cycle Update
All Videos Owned and Uploaded by www.livefuturestrading.com. To Learn more Trade Secrets visit our homepage. FOREX, FUTURES, STOCK AND OPTIONS TRADING INVOLVE HIGH RISK AND YOU CAN LOSE A LOT OF MONEY. WHEN INVESTING, YOU MAY LOSE MORE THAN YOUR ORIGINAL INVESTMENT. THERE IS A SUBSTANSTIAL RISK OF LOSS IN TRADING FOREX, FUTURES STOCK AND OPTIONS. DO NOT RISK MONEY YOU CANNOT AFFORD TO LOSE. PAST RESULTS ARE NOT NECESSARILY INDICATIVE OF FUTURE RESULTS. VIDEOS PRESENTED ON LIVEFUTURESTRADING.COM AND YOUTUBE ARE FOR EDUCATIONAL PURPOSES ONLY AND SHOULD NOT TO BE CONSTRUED AS FINANCIAL ADVICE.
FUTURES – Unplugged (Far Reaches Tour)
Video by Daniel Broadley in December 2011. Filmed in Saltash, Cornwall UK.
Foreign Exchange Morning Update — 09.01.12
More updates available at www.worldfirst.com.blog or follow us on Twitter at http
Why a Dollar & Euro Collapse Is Guaranteed
The collapse of the Dollar and the Euro is a mathematical certainty. In this video I’m going to prove it using very simple terms.
Larry Williams – The Future Millionaire’s Trading Course part 3 – F
Williams has created several market indicators including Williams %R, The Ultimate Oscillator and value measurements for commodity prices. He was the first recipient of Trade Stations Life Time Achievement Award.Williams won the 1987 World Cup Championship of Futures Trading from the Robbins Trading Company, where he turned 000 to over 00000 (11376%) in a 12 month competition with real money. Ten Years later his daughter Michelle won the same contest, as have numerous of his students. He is the first author to write books on Seasonality and commodity prices, the originator of the “Volatality Breakout” technique as well as the first to write about the Commitment of Trader Report.