The United States dollar strengthened against most major currencies as risk aversion grew following S&P downgrade of Italian Banks and in spite of Greece passing the package of cuts needed to complete the next step towards securing a second bailout. Wall Street closed negative as the DOW declined by 0.69% and the Nasdaq by 0.80%. [...]
US dollar is gaining in currency trading right now, thanks to worries about what’s next for the eurozone. Confidence in the euro is being shaken a bit by the fact that Greek debt talks have been put off — again. Risk aversion is high, and that means that many forex traders are looking for safe [...]
Since Standard & Poor’s cut the ratings of 9 Eurozone countries, the euro has done nothing but rally. One of the main reasons why the EUR/USD has been so resilient is because the downgrades had very little impact on European bond yields. French and Spanish bond yields have increased but by less than a tenth [...]
The ideal way to enter into a trade is to do it gradually. This is also known as Scaling In A Position. In the same manner, it is best to exit the trade in a gradual manner. This is also known as Scaling Out Of A Position. Trying to figure out the perfect entry and [...]
You’ll find a whole bunch of opportunities for investors in the financial market that goes from the less risky to the very risky ones. Investors are beginning to find options trading very attractive and are investing in that vein. With options trading, the investor stands the chance of making more gains if he properly understands [...]