Read this newsletter in your browser.
Forex Trading Newsletter | June 26th, 2011 DailyForex.com
Q3 2011- New Outlooks, New Tools Q3 2011 begins at the end of this week, but for most Forex traders, looking backwards is the only way to prepare for the changes ahead. Amid speculation that the Bank of England will keep interest rates down, the British Pound posted its fourth week of consecutive declines against the Dollar, while the Euro posted its third week of consecutive losses against the greenback. Still, with unemployment in the US hitting a record 9.1%, there's no doubt that the Dollar is still weak, and that any growth will be significantly protracted in the coming months.
To help you plan more lucrative trades in the next quarter, DailyForex has launched a new free Forex signals section* which will feature technically-based trading strategies for major currency pairs. Provided by veteran trader Fadi Steitie, these trading signals, like all signals, are intended to be a guide only, and are not guarantee of how the market will fluctuate. Still, we hope to provide these signals to you as frequently as possible so that you can make educated trades throughout the summer and beyond.
Here are some notable brokers that we tested recently:
With claims of an 85% profit within an hour and some of the highest bonuses of any binary options broker, 24option may be just the broker traders looking to profit big. We've taken a good look at 24option and compared this company's offerings to those of other binary options brokers. From a website available in 10 languages to a buyback option which minimizes risk, 24option is angling to take the world of binary options by storm.
Gallant Capital Markets FX (also known as GCMFX) is an STP Forex broker based in the British Virgin Islands that offers variable spreads starting at 1 pip. Regulated by the region's Financial Services Commission under the Securities and Investment Business Act (SIBA). Gallant Capital Markets is also audited by Deloitte and Touche. With 47 available currency pairs, a website redesigned in June 2011 and a wide range of Forex trading services and resources, there's no question that this broker has a lot to offer.
Follow DailyForex on:
If you have any questions or comments on any of the above Forex items or if you would like to suggest topics for future investing articles, please contact us.
This newsletter is brought to you by:
www.dailyforex.com | Simplifying Forex Trading* Neither DailyForex nor the author is responsible for the outcomes resulting from trades that are based upon these signals. We are providing these signals as a guideline for interested traders, not as a commitment to profitable trading. Online Forex trading involves high risk and is not suitable for all investors. Before deciding to trade you should carefully consider your investment objectives, level of experience, and risk. By using the DailyForex website, you agree not to hold DailyForex, or any of its affiliates, liable for decisions that are based on information contained anywhere in this site.
Comments