Archive for May, 2009
Written by forexwatch on 28 May 2009
Master Forex Demo Forex Trading Contest
The result of Demo Forex Trading Contest using Demo Account organized by Master Forex is as follows:
Account Country Balance
1 4633931 Russia 112 487
2 4631730 Pakistan 93 909
3 4634047 Russia 43 245
4 4633069 Moldova 30 769
5 4634460 Latvia 21 [Continue Reading]
Written by forexwatch on 23 May 2009
Headlines on the Drop of the US Dollar
The news headlines for last week trade was more on the US Dollar. As reported in Bloomberg: The Dollar Weakens and GBPUSD: Dollar Weakens and Pound Strengthens, trading for last week and on Friday in particular was not in favor of the US Dollar. The Dollar [Continue Reading]
Written by forexwatch on 21 May 2009
Dollar Weakens
The dollar was under selling pressure and declined further to the lowest level against the Euro, Pound and Yen. Against the Euro it is it declines to the lowest since January.
The weakening of the Dollar started in March after the Federal Reserve announced its plan to buy up to [Continue Reading]
Written by forexwatch on 20 May 2009
The Dollar Weakens
May 19. Bloomberg reported that the Dollar fell against most of its major counterparts after three U.S. financial firms seeking to return government bailout money fueled speculation banks have sufficient cash, reducing demand for the safety of Dollar-based investments.
Brazil [Continue Reading]
Written by forexwatch on 19 May 2009
Master Forex Trading Contests-Winners of Last Week
The result of Demo Forex Trading Contest using Demo Account organized by Master Forex is as follows:
Account Country Balance
1 4629874 Russia 505 827
2 4628122 Kazakhstan 67 471
3 4628123 Kazakhstan 63 352
4 4629084 Ukraine 15 511
5 4627364 Russia [Continue Reading]
Written by forexwatch on 19 May 2009
Pound Strengthens
May 18 (Bloomberg) — The pound rose against the euro and the dollar after an industry report showed U.K. home sellers raised asking prices in May by the most in more than a year.
The Pound appreciated to 88.24 pence per Euro from 88.93 pence on May 15. It also rose to [Continue Reading]
Written by forexwatch on 16 May 2009
Euro Declines as Economy Contracts Most in at Least 13 Years
May 15 (Bloomberg) — The euro fell against the dollar and extended a weekly loss versus the yen as the economy of the 16- nation region contracted the most in at least 13 years, raising concern the pace of recovery will be [Continue Reading]
Written by forexwatch on 12 May 2009
Winners of Last Week
The result of Demo Forex Trading Contest using Demo Account organized by Master Forex is as follows:
Account Country Balance
1 4624933 Kazakhstan 16 428
2 4625822 Indonesia 16 385
3 4625532 Indonesia 10 214
4 4625606 Russia 9 040
5 4625376 China 7 [Continue Reading]
Written by forexwatch on 05 May 2009
Winners of Master Forex Forex Demo Forex Trading Contest for week ending – 24/04/2009
The result of Forex Trading Contest using Demo Account organized by Master Forex is as follows:
Account Country Balance
1 4616181 China 64 523
2 4616964 Lithuania 29 284
3 4615386 Iran 27 157
4 4612328 [Continue Reading]