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Blog Posts

GBP/USD: High demand for the Pound is gradually weakening

Posted by AlexanderLF on June 13, 2013 at 3:37pm 0 Comments

1. Current trend of GBP/USD

On Wednesday the British currency continued to go up slowly against the USD, which was triggered by the positive data on British labour market. Number of applications for unemployment benefits fell…

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EUR/USD: Statistics on retail sales may provoke the rise in USD

Posted by AlexanderLF on June 13, 2013 at 2:06pm 0 Comments

1. Current trend of the currency pair EUR/USD

The currency pair EUR/USD continues trading in the ascending channel; On Thursday the price has reached four-month highs at the level of 1.3390. The rise in Euro was triggered by…

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USD/JPY: The pair continues to decline (12.06.2013)

Posted by AlexanderLF on June 12, 2013 at 12:32pm 0 Comments

  1. Current trend of the currency pair USD/JPY

On Tuesday, quotes of the currency pair USD/JPY went down; the price reached support level of 95.80-95.60, but failed to exceed it. The decline in price was a result of market…

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Collapse of Liberty Reserve Hits Heavy on Wallets of Forex Traders

Posted by Evgeny on June 10, 2013 at 3:27pm 0 Comments

As reported by Market Leader (US)

Due to scandalous closure of one of the leading world electronic payment systems Liberty Reserve Forex market has experienced a tsunami of negative…

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