The dollar continued to hover at near nine-month highs against the euro on Thursday as markets bet that Friday’s July jobs report will point to an improving labor market even if it misses expectations. Dollar firms on hopes for upbeat … Continue reading → Last updated:August 1, 2014
The dollar remained close to nine-month highs against a basket of other major currencies on Thursday as data showing that the U.S. employment cost index rose at the fastest rate since September 2008 in the second quarter continued to support. … Continue reading → Last updated:August 1, 2014
The Japanese yen weakened slightly in Asia on Friday and the Australian dollar gained ahead of afairly busy data day in the region. Japenese yen weaker in Asia USD/JPY traded at 102.80, up 0.01%, while AUD/USD traded at 0.9302, up … Continue reading → Last updated:August 1, 2014
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Risk Warning: Trading in the foreign exchange markets on margin carries a high level of risk, and may not be suitable for all individuals. The high degree of leverage offered in the Forex markets can work against you as well as for you. Before deciding to trade in the foreign exchange markets you should carefully consider your investment objectives, your level of experience, and your risk appetite. The possibility exists that you could sustain a loss of some or all of your equity and therefore you should not invest money that you cannot afford to lose. Only true excess disposable cash should be used in trading. You should make yourself aware of all the risks associated with foreign exchange trading and seek advice from an independent financial advisor if you have any questions or concerns as to how a loss would affect your lifestyle.