FXCM (http://www.fxcm.com?CMP=PR-TradeCurrencies)
joins CNBC.com for the second time as the exclusive currency trading sponsor in
the CNBC.com Million Dollar Portfolio Challenge. The CNBC.com Million Dollar
Portfolio Challenge is back! The contest officially begins on November 17th
and registration will continue throughout the contest.
Sign up now and receive a free $25 Micro account (real
money) from FXCM to trade on the Micro Forex Trading Station. This is a special
offer for CNBC.com Million Dollar Portfolio Challenge contestants.
Additionally, you can practice currency trading for up to
three weeks prior to the start of the live competition to perfect your trading strategy.
The practice currency trading session is now available on the CNBC.com Million
Dollar Portfolio Challenge platform.
If you didn’t feel like you had the knack on currency
trading in the last CNBC.com Million Dollar Portfolio Challenge, there are many
opportunities to learn. Take advantage of all the tools offered to help you
turn your $100,000 currency allotted CNBC Bucks into a winning part of your
portfolio.
FXCM Micro (www.forexmicrolot.com),
the discount brokerage division of FXCM, announced today that it will be
offering forex traders who currently trade with a different forex firm free $50
accounts to try FXCM Micro.
The FXCM Group has released its most recent balance sheet. The numbers reflect the group’s financial strength and status as of June 30, 2008. Highlights include:
Over $95 Million in Capital (Assets Minus Liabilities)
Over $125 Million In Operating Cash (Excludes Client Funds)
FXCM believes that financial transparency in the retail forex industry is more important than ever in light of the NFA’s new financial requirements.
FXCM (www.fxcm.com) announced today the addition of three new exotic currency pairs to trade on the FX Trading Station, marked by high interest rates and high roll over.
New Currency Pairs:
Euro/Turkish Lira
United States
Dollar/Turkish Lira
United States
Dollar/South African
Rand
Current Central Bank Interest Rate:
Turkish Lira (TRY) 16.
FXCM (
www.fxcm.com), the official currency-trading sponsor of the CNBC.com Million Dollar Portfolio Challenge, announced today that it is providing all contestants of the virtual trading competition with free forex education and trading signals to optimize their currency-trading experience.
FXCM (www.fxcm.com)
announced that clients can now choose between trading on the FXCM trading
platform or on MetaTrader4 platform by MetaQuotes.
After numerous requests from the
forex community, FXCM has added Meta Trader4 to its list of trading platform
options.
Market Review - 02/09/2010 22:47 GMT
Euro rises due to solid European bond auctions ahead of U.S. non-farm payrolls
The single currency strengthened against the greenback on Thursday, as solid results from Spanish and French bond auctions boosted risk appetite and gave support to euro, however, investors remained cautious ahead of the release of US non-farm payrolls.
Currencies like the euro and UK pound muted gains made yesterday as
investors appear to be waiting on a batch of economic data set to be
released later today. Signs that the global economic recovery is
speeding up may be reinforced today as the UK, euro zone and US are all
forecasted to release significant news.
September 02, 2010
GMT 02:18
EUR/USD
Today’s support: - 1.2735 and 1.2690(main),
where correction is possible. Break would give 1.2677, where correction also may be.
After the U.S. dollar corrected some of its gains yesterday, a new
trading day, packed with significant economic publications is ahead.
Most attention should be given to the U.S. ADP Non-Farm Employment
Change, which attempts to estimate Friday's release of Non-Farm
Payrolls.
Forex signal: Sell on marginal rise n exit on decline as below
1.2661 needed to extend weakness to 1.2640/45.
INTRA-DAY EUR/USD OUTLOOK
Last Update At 01 Sep 2010 06:22 GMT
Rate : 1.2720
