Oil Recovers and Reaching over $76 a Barrel
Posted on 30. Nov, 2009 by admin.
After a week in bearish trading, crude oil is beginning to recover some of its losses, and is currently traded at $76.60 a barrel. During last week’s session crude oil reached a 6-week low, and dropped to the 72.40 level.
Crude Oil dropped last week on speculations that Dubai World, the United Arab Emirates’ largest corporate [...]
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Crude Oil Slips to a Low Near $76
Posted on 27. Nov, 2009 by admin.
Crude oil traded below $76 Friday, poised for a weekly decline on concern that the pace of fuel demand recovery in the U.S., the biggest energy- consuming nation, may stall. Prices fell as the U.S dollar strengthened against the EUR after Dubai’s attempt to reschedule debt spurred investors to seek the safety of assets perceived [...]
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Crude Oil Rises on Weak Dollar
Posted on 26. Nov, 2009 by admin.
Crude oil rose today as the dollar dropped to a 15-month low against the EUR and a government report showed that U.S. fuel demand gained for a second week. Oil increased about 2.6% after the greenback retreated on the Federal Reserve’s signal that it will tolerate a weaker currency.
Expectations that consumers may once again want [...]
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Crude Prices Drop to Lowest Level since Oct. 14
Posted on 25. Nov, 2009 by admin.
Crude Oil futures for January delivery fell nearly 2% Tuesday, settling at $76.02 a barrel on the New York Mercantile Exchange, the lowest settlement since Oct. 14. Crude Oil fell to $75.73 a barrel in electronic trading late Tuesday, down 0.4% after the American Petroleum Institute said U.S. crude stockpiles rose by 3.4 million barrels [...]
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Crude Prices Level Out
Posted on 24. Nov, 2009 by admin.
In light of the weak dollar, oil was able to make impressive gains in trading yesterday. Prices approached $80.00, but amid concerns about demand and inventories, oil retreated from its gains and prices stabilized at $77.55. With the dollar apparently set to rebound, and U.S. stock markets set to wind down in the coming days [...]
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Oil’s Range Trading Continues; Tension in the Middle East Rises
Posted on 23. Nov, 2009 by admin.
Crude Oil saw a rather volatile session during last week’s trading. By the beginning of the week, crude oil rose to $80.85 a barrel. However close to the weekend oil dropped back down, and reached as low as $76.80 a barrel.
Currently, oil is back on a rise, and a barrel of crude oil is traded [...]
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Learn Forex Trading
Posted on 20. Jul, 2009 by admin.
Do you want to learn Forex Trading? Maybe you have heard from your friends and family that so and so has made millions of dollars each year trading forex and you want a piece of the action and the money too.
Well, let me first say that making money trading forex is possible but there is [...]
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How to Trade in Forex
Posted on 20. Jul, 2009 by admin.
Biggest market on planet earth, Forex is short for Foreign Exchange, sometimes simply called FX. In excess of two trillion dollars is traded in Forex every single day. Forex is the most liquid and largest market in the world. Formerly cornered by the major banking institutions, large speculators, and major foreign-currency dealers, it is now [...]
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Forex Beginner's Guide: What Type of Trading Account Should I Choose to Start?
Posted on 17. Jul, 2009 by admin.
I remember that at the end of 1998, when forex market is already opened to public, i still know nothing about it. Nowadays, it seems forex has turn its form from an investment into some kind of virus which spreading to this whole earth faster than any virus i’ve ever seen. Everyone know what forex [...]
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Forex Currency Trading Systems
Posted on 17. Jul, 2009 by admin.
The forex currency trading system is the system, which lets the forex traders buy one currency and sell the other simultaneously. This is a platform where you can also participate in the currency trading game and make lucrative profits by buying and selling currency pairs.
According to the basics of forex currency trading system, when the [...]
