Volatility surges on the forex market

By kavalas - Posted on August 10th, 2011

Tagged:

Other work-related topics

The US dollar rose today as "concerns" are now turning to France and its fiscal state. The sovereign debt crisis is apparently growing and engulfing countries beyond those in the PIIGS group. The euro plummeted more than 200 pips on the forex markets today as the cost to insure French sovereign debt against default (state bankruptcy) increased. EURUSD is currently being traded at 1.4186

Login or register to post comments
Email this page

Best Penny Stocks

Submitted by JamesBalfour (not verified) on 17 October 2011 - 3:36pm.

Thanks a lot for provide this most useful information.I am so happy to get this.

Login or register to post comments
Email this comment

other forex info

What is forex? The forex market is where one currency is traded for another. It is the largest market in the world, not only in Dubai. You could try following some bloggers' forex trading plan (at your own peril), or set up your own forex blog to better learn forex. That way, you can at least take note of the reasons for taking specific trades, what forex chart patterns they are looking at, and get some valuable forex tips from them. Don't forget about calculating the support and resistance area for the forex pairs you're following by using a Fibonacci calculator. This will help you immensely in your trading as most speculators will be looking at the same price levels, and you could possibly predict the moves of currency pairs.

Poll

new users

new discussion topics

AnaDubawi Polls
Dubai & Gulf Blogs
Oanda
Dukascopy
Saxo Bank

dubai weather now

share this page

AnaDubawi is an online community for people residing in or with any interests in Dubai, the United Arab Emirates and forex currency trading. All trademarks and copyrights on this page are owned by their respective owners. Any views or opinions expressed on AnaDubawi.com are those of the author/poster and do not represent those of AnaDubawi. AnaDubawi is not responsible for any materials submitted to the website. No material posted is in any way reviewed or approved by AnaDubawi's owners. Forex Trading Disclaimer: The information comprised in this site is not, nor is it held out to be, a solicitation of any person to take any form of investment decision. The content of this web-site does not constitute advice or a recommendation by AnaDubawi and should not be relied upon in making (or refraining from making) any decision relating to forex investments or any other financial matter. Trading with forex brokers on margin carries a HIGH LEVEL OF RISK, and may not be suitable for all investors. You must be aware of the risks and be willing to accept them in order to invest in the forex, futures and options markets. Do NOT trade with money you cannot afford to lose. You should consult your own independent financial and/or forex adviser and obtain professional advice before exercising any investment decisions or choices based on information found on this web-site.