Best Forex Trading Signals – Get Our Forex Signals and Trading Strategies for the New Forex Market

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Best Forex Trading Signals - Get Our Forex Signals and Trading Strategies for the New Forex MarketDescription: An order to buy a security at a specific price. It is triggered when the market price equals the buy stop limit price.

Operation: A Buy Stop Limit order on a stock means your broker will hold your order to buy the stock you requested until it reaches the price you specify. When entering [...]

Description: An order to buy a security at a specific price. It is triggered when the market price equals the buy stop limit price.

Operation: A Buy Stop Limit order on a stock means your broker will hold your order to buy the stock you requested until it reaches the price you specify. When entering [...]

US Stocks Fell, Treasuries rose whilst the EURO lost ground yesterday in what proved to be a session of large swings. Global equities originally rallied yesterday, however as has been the case over the course of previous months it was news out of Europe which saw earlier gains turn to losses.

Triggering the sell-off overnight the ECB announced plans to loan 489 billion worth of EURO’s to the regions struggling banks, in an effort to improve liquidity and functionality. Whilst the size of such loans came in well above the median forecasted figure of 293 billion Euros, it has done little to temper fears that the debt crisis is yet to worsen, with many arguing that such actions have done little to solve the underlying problem.

In further releases overnight Euro-Region Consumer confidence fell to more than a 2-year which saw the EURO fall from an earlier high of 1.3198 against its US Counterpart to open this morning half of one cent lower at a rate of 1.3042. Benefitting from the shift in risk-sentiment yesterday the Greenback finished stronger against a handful of major currencies including the Japanese Yen, hitting fresh highs above the critical 78.00 level overnight. In a Monetary Policy Statement released the Bank of Japan maintained their previous stance, as expected providing no further stimulus. Read more…

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