ForexFutures786

ATTENTION VISITORS.

ts — Tue, 27 Apr 2010 08:19:18 +0000

Soon we are going to update this site
regularly for our viewers. Stay cool and
wait .

Buy Japanese Currency, “Yen” To Celebrate The Victory Of Democratic party Of Japan.

ts — Sun, 30 Aug 2009 15:53:02 +0000

August 30, 2009. The first ever defeat of Liberal Democratic Party since its establishment in 1955 by DPJ , ending its 50 year one party rule in the worlds 2nd largest economy, has sparked fuel to the sentiments of traders, speculators, Investors all over the world to take refuge in the Japanese currency “Yen” when markets will open on Monday morning in Japan.

Many Investors have already instructed their respective brokers to monitor the market at opening of Japan’s Market and some have already decided to place their MOO ( Market on open ) orders in Japanese currency, Yen, on the basis that DJP’s pledge to give more autonomy to Bank of Japan, which may decide to increase the current interest rate. Yen was seen closed at $ 93.56 on last trading day.

US President Obama Nominates Mr.Ben Bernanke As FED Chairmain For Second Term. Bernanke Thanked President.

ts — Tue, 25 Aug 2009 17:57:16 +0000

August.25, 2009. US President Barack Obama has nominated Mr. Ben Nernanke to a second term as Chairman of Federal Reserve. President Barack Obama made this announcement interupting his vacation in Massachusetts Island, with Mr. Bernanke at his side.

Mr. Baernake thanked the President.Please read Mr. Bernanke’s full statement.
.
Thank you, Mr. President>

I would like to express my gratitude to President Obama for the confidence he has shown in me with this nomination and for his unwavering support for a strong and independent Federal Reserve.

It has been a particular privilege for me to serve with extraordinary colleagues throughout the Federal Reserve System. They have demonstrated remarkable resourcefulness, dedication, and stamina under trying conditions. Through the long nights and weekends and the time away from their families, they have never lost sight of the critical importance of the work of the Fed for the economic well-being of all Americans. I am deeply grateful for their efforts.

I especially want to thank my own family — my wife Anna and our children, Joel and Alyssa. Without their support and sacrifice I could not undertake this task.

The Federal Reserve, like other economic policymakers, has been challenged by the unprecedented events of the past few years. We have been bold or deliberate as circumstances demanded, but our objective remains constant: to restore a more stable economic and financial environment in which opportunity can again flourish, and in which Americans’ hard work and creativity can receive their proper rewards.

Mr. President, I commit today to you and to the American people that, if confirmed by the Senate, I will work to the utmost of my abilities–with my colleagues at the Federal Reserve and alongside the Congress and the Administration–to help provide a solid foundation for growth and prosperity in an environment of price stability.

Thank you.

Housing Crises Easing In U.S.A , Existing Home Sales Increased More Than Forecast.

ts — Fri, 21 Aug 2009 15:17:25 +0000

August 21.2009. Existing home sales in America 7.2 percent the most since August 2007. The gain was biggest since ever. After the gain in home sales US currency rose to $ 94.56 Yen and Swiss Franc $. 1.0626.

Before the News we advised investors, Traders & Speculators to sell Swiss Franc & Japanese currency Yen for the weekend. US currency will recover more before MOC, and can gain further on Monday morning.

Sell Swiss Franc & Yen Against US Dollar This Weekend.

ts — Fri, 21 Aug 2009 13:22:34 +0000

August 21, 2009. Its good to sell Swiss currency verses Us dollar for this weekend. Forex markets are quite volatile now a days. Apart from the facts and figures one can easily take a chance for some correction in Swiss Franc. Presently Swiss Fran is trading at $ 1.0575. Those who love Japanese currency Yen can safely sell Yen and go home for the weekend. At present Yen is trading $ 93.71 in the market.

Stay Alert While Trading Forex / Currencies & Commodities.

ts — Wed, 19 Aug 2009 14:16:04 +0000

August 19. 2009. Trading in Foreign exchange , Forex trading or Currency trading and Commodity trading in International Market is not an easy task and serious traders, Investors, Speculators and Brokers have to learn and up-date their knowledge to date if they really want to make best use of their invested money to make profit.

Now a days Forex & Commodity Markets are not behaving normal. We have seen big movements in either directions during last ten days. Various financial news and Data’s issued by US Government and news from Federal reserve had played a key roll saying the worst recession is almost over and they are looking at early recovery of the economy in near future, hence prompting investors to by US dollar.and selling other currencies.

In a Bloomberg survey of users on six continents issued on 13th August it was said that the professional global confidence index jumped to 58.12 from 39.13 in July and optimists out numbered pessimists, who claimed that worst recession since world war 2 is over.

Today, China Stock index fell into a so called bear Market and alarming that the Great recession is not over yet. European currency fell against almost 14 of Major trading currencies and British pound which rose to $ 1.6590 today slide against dollar to $ 1.6375 because Bank of England Monetary policy committee decision to raise amount to spend for its quantitative – easy program for 50 billion pound was disclosed by Bank of England today. Japanese currency rose to $ 93.92 against all major currencies due to non reliance on foreign capital. Gold also fell to $ 932.50 an ounce after China stocks fell into bear Market.

Keeping in mind the above summery of events and behavior of the market all Investors , Speculators, Traders and Brokers of Currencies and commodities should learn one common thing,that not to take each and every news and forecast as granted. Forex traders will have to stay in touch with the latest development to switch over their existing long or short positions to avoid big losses.

US currency will remain weak in coming days to come no matter what so ever happens in between, until some concrete measures are adopted by US governments to over come high unemployment rate to restore the confidence of a common US citizen.



Forex & Futures Trading In Volatile Market Is Full Of Risks.
ts — Tue, 11 Aug 2009 12:02:58 +0000
August 11, 2009. Forex , Foreign Exchange or Currency trading in Spot or Futures Market is always considered risky . Good brokers always inform their prospective clients to read and understand the agreement between client and Brokerage house or Member Firms which always says and advise their clients that Never ever Invest that much amount into “Forex, Foreign Exchange Trading , Currency Trading in both Spot and Futures”  which you can not afford to loose.
Forex & Futures  are quite volatile now a days. whenever there is any news favoring US dollar or Currencies markets are reacting very sharply in their respective direction,falling are gaining more than 300 points at a time. Now those who are familiar with the markets can easily understand what does this means.
Take the example of Spot British pound. Last week British pound was trading as high as $ 1.7040. It fell from this level to $ 1.6752 on concern that recession is deeper than anticipated earlier and Bank of England is reported to increase its plan of Asset purchase. Now if you calculate the difference between two prices it is 288 points. Multiply this by 10 which is equaling  to $2880 . That Means If some body had sold British Pound at $ 1.7040 and it came down to $ 1.6752 and he had liquidated his sold British pound position exactly at 1.6752 than His profit will be $ 2880 less commission, in one lot or contract or vise versa If he had bought at $ 1.7040 and sold at $ 1.6740 than his confirm loss would be $ 2880 plus commission.
In case He sold September British Pound ( Future contract ) and assuming Future price same as we have mentioned in Spot i.e $ 1.7040 and offsetting price $ 1.6752. Again the difference will be the same 288 points. Now we have to multiply this difference with 6.25 which is equaling to $ 1787.50 plus or minus commission subject to individual arrangements with their broker or Company.
Now one can easily understand that what we mean by volatile Market, when prices of any currency or commodity are falling or rising rapidly.We advise all currency and commodities traders,Investors to trade with stop loss subject to their initiated Buy or Sell positions.






Buy Us Dollar as Reports Says US Retail Sales Rose By 0.1 %.
ts — Sun, 09 Aug 2009 19:57:46 +0000
August 10, 2009. Forex traders/ Investors should buy US currency on Monday as according to  54 estimates  in a Bloomberg News survey ahead of Commerce department report on 11th August , Retai Sales , Rose just by 0.1 percent excluding Autos. 
Employment data released on last Friday said jobless rate dropped to 9.4 percent from 9.5 percent in June. Good news for US Economy has started coming in although consumer confidence and consumer spending will rise by the passage of time. For the time being Forex / Currency traders can safely take risk to buy US currency keeping in mind the positive signals for the early recovery of US economy.





US Dollar Rose After Employment Data, Yen Falls To $ 97.20.
ts — Fri, 07 Aug 2009 14:23:33 +0000

August 07, 2009. Sellers in currencies will go home relaxed on the eve of weekend as US dollar rose after US employment Data , which says US employers cut  few jobs in July than analysts forecast.
Employers reduced 247,000  Jobs in July instead of 325,000 which was the forecast of analysts. Earlier British pound fell to $ 1.6752 before Us employment Data, on the report that Bank of England will increase its asset purchase plan by 50 billion pound .





British Pound Falls After Reports Bank of England is Increasing Its Asset Purchase Plan On Recession Concern.
ts — Thu, 06 Aug 2009 21:30:48 +0000
August 07,2009. British Currency falls to $ 1.6752 on concern that recession is deeper than earlier anticipated. Bank of England is reported to increase its plan of Asset purchase.
Pound rose to $ 1.7040 on 5th August. Now some people are talking about the devaluation of currency  in near future. What exactly is going on in financial decision makers mind is very difficult to under stand. One day Pound jumps to months high on the news that some banks have gained profit in billions in 2nd quarter, and economy is reviving and property markets have taken new start and so on.
Investors starts jumping to switch over their investments in pound by accepting losses in other currencies,commodities or equities and all of a sudden another bombshell is thrown that recession is not over or they have underestimated the depth of current recession period.
Some time back one world class economists has said that the second phase of current recession will began in year 2010. Currency traders, Investors& Speculators are advised to be very cautious and should not jump on to conclusions after reading or analyses of only one report. Small investors should sit on the boundary wall to avoid unnecessary losses.