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    Currencies outlook daily. Euro Falls Heavily. CURRENCY TRADING SUMMARY – 8th September (00:30 GMT)
U.S. Dollar Trading (USD) mild risk aversion and heavy EUR/USD selling helped the Dollar gain against most pairs... The Euro (EUR) came under pressure for most of the day with the market focused on a WSJ article that questioned the European Banking Stress tests... The Japanese Yen (JPY) USD/JPY slipped below Y84 on heavy crosses led by the EUR/JPY but the moves were not drastic and support was found at Y83.50... The Sterling (GBP) was weaker against the greenback but made good gains against the souring Euro...
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Popular comments

2 September 2010 | Sam Yad | EXNESS
Very Good. Highly recommended.
27 August 2010 | ANZAKU | MasterForex
try yourself they are good.
24 August 2010 | raja | Forex4you
im IB of forex4you but IB commission is worst compare with other broker, because forex4you required condition for credit commission. some currency morethan 10 pips difference only credited commission.
24 August 2010 | Jeremy | Finotec
Very happy so far with them to be honest. was very careful considering a few comments that i have seen but overall they are OK. will post any updates i have.
24 August 2010 | Daniel Dendra | EXNESS
i'm trading with them during half a year. exness is not my only brocker. i've been with a number of brokers. and i should say exness satisfies me as well. their spreads and data feeds are reasonable. but i should mention that ther are to many requetes all the time. also auto wd is absolutely convinient thing. so that's my vision
17 August 2010 | Riyan | FBS
They give a free $ 5 bonus when you open an account. I already earned 12 dollars thanks to bonuses!!!
15 August 2010 | BanditFX | FBS
So far so good... I already withdraw funds more than 10 times..
8 August 2010 | Sam | MRC markets
Hi. I have a long experience of cooperation with the MRC. Very good conditions and high service. My recommendations.
5 August 2010 | bobby bob | MRC markets
Hi ! Is there somebody who traded forex and stocks using this broker? I've just found them on Internet, everything looks fine but I'd like to have some personal feedback from somebody who already a client of MRC? Any comments? Bob
3 August 2010 | Jake | Dukascopy
Dukascopy looks like a more reliable broker since the receipt of their banking license. At least, for individuals of networth under 100k.

Forex Brokers News

8 September 2010 | LiteForex
A new indicator in the ForexTools set
LiteForex group of companies is enlarging the list of the available technical analysis tools and offering its clients a new indicator where a price chart is based on the “noughts and crosses” representation...
8 September 2010 | MasterForex
Article 3.1.7. was added into the Client agreement
The change of the Client agreement comes into effect starting from 8 September 2010. Added article 3.1.7 reads as follows...
8 September 2010 | United World Capital Ltd
New Bonuses – New Opportunities
United World Capital clients know that with us the range of bonus opportunities is virtually unlimited...
8 September 2010 | FXCM
FXCM Files Registration Statement for Initial Public Offering
FXCM Inc. announced that it has filed a registration statement with the Securities and Exchange Commission for a proposed initial public offering of its Class A common stock.
8 September 2010 | Admiral Markets
ForexBall™ 2010 Round 3 Has Begun!
The highly anticipated Round 3 of the ForexBall™ 2010 has finally begun! Guaranteed to be the biggest round of ForexBall™ ever, this round we have invited participants from every country around the world to join in on the action...

Currency converter

Daily Forex Reviews & Forecasts

8 September 2010 | FXCM
Risk Slammed Ahead of US Open But Not Sure Will Continue; Long EUR/JPY
Currencies have come back under pressure in Tuesday trade, with the Euro leading the declines on the back of news that some of the European banks may have under-reported...
8 September 2010 | FXOpen
Dollar Falls Further To Fresh 1995 Low Against Yen
The buck touched a fresh 15-year low versus the yen as renewed jitters about Europe's banking system led to increased risk aversion...
8 September 2010 | FXCM
FXCM Files Registration Statement for Initial Public Offering
FXCM Inc. announced today that it has filed a registration statement with the Securities and Exchange Commission for a proposed initial public offering of its Class A common stock...
8 September 2010 | HY Markets
Market Commentary
EUR/USD closed lower on Monday and the low-range close sets the stage for a steady to lower opening on Tuesday. Stochastics and the RSI are bullish signalling that a short-term low is in or is near...
8 September 2010 | FXCM
Japanese Yen Outperforms, Further Gains Ahead as Risk Aversion Persists
The Japanese Yen outperformed in overnight trade, rising on safety demand as stocks slumped across Asian exchanges...

Daily Forex Snap-Shots

USDJPY Hits New 15 Year Low
September 08, 2010

The USDJPY made a new 15 year low after the pair touched 83.35 this morning. Even after Japan’s Finance Minister Noda said the government was watching markets closely and potential ‘bold’ measures to intervene to counter the Yen’s appreciation would be considered, the Yen has shown no signs of cooling off. Perhaps data from this morning further compounded to the Yen’s bullish momentum when Japan’s current account total widened to 1.68 trillion Yen, beating analysts’ expectations of a surplus forecast of 1.54 trillion Yen. Doubts about the US recovery have speculators piling onto the Yen’s bullish run and a bearish anticipation of today’s release of the Fed’s beige book has helped the Yen touch the new 15 year high.

presented by ACM

Technical & fundamental analysis

8 September 2010 | ACM
Markets Review RBA And BoJ Decisions Ahead Of Potential Hike From BoC
Two central bank meetings had already taken place before European desks even opened today (BoJ and RBA), but the outcomes have been largely in accordance with expectations...
8 September 2010
Daily Forex Analysis
GBPUSD continues its downward movement from 1.5997 and the fall extended to as low as 1.5296 level...
8 September 2010 | iFOREX
Technical Analysis GBP/USD 1.5491
On Tuesday Pound/Dollar continued decreasing, in converse with the positive Interbank sentiment at nearly +5%...
7 September 2010 | ACM
Relief over Payrolls Supports Risk Taking...For Now
There was considerable hype leading up to Friday’s US data with many considering the payroll numbers to be the awaited trigger for an upswing in the US...
7 September 2010 | FBS
Yuan will rise to 6.7 per dollar by the year end
Chinese yuan rose to the maximal level since August 19. It happened due to the start of negotiations between Larry Summers, head of President Barack Obama’s National Economic Council, and Li Yuanchao, head of the Communist Party’s organization department...





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