Forex Market Review

If you are looking for a new, innovative approach to online trading then read on... 

 There are many Forex programs and brokers that claim to offer the perfect answer to the Forex trader. We decided to do some investigating and see which of the many brokers and programs really lived up to its name.

After a lot of searching and testing, we found a new and unique trading platform where, on the same screen and at the same time you can trade in foreign currency pairs, financial indexes and stocks and commodities.  You pay no commission on any of your trading activities; it’s all in the spread between purchase price and selling price just like FOREX.

The first thing we did was to see how easy it was to set up shop and start trading. Nothing could be easier or quicker than downloading and installing the program. The entire process is simple and clear and enables you to open an account, either real or “Demo” and begin trading within a surprisingly short time.

Then we started to see how the program works.  We have seen and checked a lot of Forex trading programs. Many do an excellent job but are clumsy and have a steep learning curve making it difficult for the novice, and even the experienced, trader to work.

This is the latest report "Finexo Market Review" contributed by the experts at Forex WebTrader. For more up-to-date information on what is happening in the FOREX World Today. Click here for a Finexo home/demo account.

Past Sessions
• CAD Housing Starts – out at 186K versus expected 180K, prior 176K
• GBP  BRC Retail Sales Monitor y/y out at -0.7% versus prior 4.2%
• GBP  RICS House Price Balance  out at 32% versus expected 28%, prior 30%

Upcoming
• GBP – Trade Balance (930GMT)
• AUD Home Loans m/m (Wednesday 0030GMT)
• USD Trade Balance (Wednesday 1330GMT)
• CAD Trade Balance (Wednesday 1330GMT)

This is the latest report "Finexo Market Review" contributed by the experts at Forex WebTrader. For more up-to-date information on what is happening in the FOREX World Today. Click here for Finexo home/demo account

Both Britain and Europe to announce rate decision, one day ahead of U.S Non-Farm Payrolls

Previous Sessions
• USD ADP Non-Farm Employment Change out at -22K versus expected -31K, prior -61K
• USD Non-Manufacturing PMI out at 50.5 versus expected 51.1, prior 49.8
• AUD Building Approvals m/m out at 2.2% versus expected -0.2%, prior 10.4%
• AUD Retail Sales m/m out at -0.7% versus expected 0.3%, prior 1.5%

Upcoming events:

Today
• GBP Official Bank Rate (1200pm)
• EUR Minimum Bid Rate (1245GMT)
• USD Unemployment claims  (1330GMT)
• CAD Building Permits  (1330GMT)
• CAD Ivey PMI  (1500GMT)

This is the latest report "Finexo Market Review" contributed by the experts at Forex WebTrader. For more up-to-date information on what is happening in the FOREX World Today. Click here for a Finexo home/demo account.

Finexo Daily Market Review

Risk still under pressure following weak US data, weak Wall St.

Month-end volatility in Asia sees EURUSD touch new cycle lows

MAJOR HEADLINES – PREVIOUS SESSION

·         US Dec. Chicago Fed Activity Index out at -0.61 vs. -0.4 expected and revised -0.39 prior

·         US Dec. Durable Goods Orders out at +0.3% vs. +2.0% expected and revised -0.4% prior

·         US Weekly Initial Jobless Claims out at 470k vs. 450k expected and revised 478k prior