Forex online currency trading: According to Reuters. com – The Bank of Japan- BOJ, welcomes a new anti-deflation governor this week. The Bank of England might get a new pro-growth mandate and the Federal Reserve is likely to stick like glue to its aggressive bond-buying program.
Forex trading for beginners: There are some specific terms and jargon in the Forex market that are commonly used. It is important to have those terms clear to have a better understanding of Forex.
Online trading Forex: Apparently the recovery of the euro was just a momentary situation, before it had reached its lowest price on the 1st of March 2013, according to Reuters.com.
The euro fell to its lowest level of the year against the dollar, while the dollar rose to a six-month high against a basket of currencies; as the weak euro zone and Asian data contrasted with more healthy U.S. economic measures.
Forex currency trading: According to Reuters.com the euro has recovered against the dollar as investors chose to buy back the single currency.
This is after it had plummeted to a seven-week low earlier on fears of a political deadlock in Italy could cause wider problems.
Online trading Forex: Losing money in Forex is easier than it is to make money.
According to the experts, 95 percent of retail FX traders do not make money for at least the first six months of trading.