Banks are business concerns and never pay charges/interests from their profits. It will be passed on to clients.

ECB's Nowotny says won't cut deposit rate without cutting the benchmark

This negative deposit rate has been brewing in ECB for a very long time now. At first I thought that this was just near impossible task but now I believe that this is about to happen in the near future. ECB does not want people to park their excess ...

ECB's Nowotny says won't cut deposit rate without cutting the benchmark

Good to see a premier broker representative here. just an inquiry : Why do have have fifo for non-US customers?

4XP shut down? Sure seems so

In my view I don't see any reason for any drastic gaps in EURUSD open on Sunday. Maybe a few pips gap but in the upward side probably. Any reason why you say that Euro gaps down? Please share.

Forex Weekly Outlook February 10-14

My short term trade for EURUSD would be target of 1.3558. Lets see if my trade matures or withers.

Forex Weekly Outlook February 10-14

Again the October ,2013 drama unfolds. The debt ceiling will be lifted but not before much dramatics is caused in the trading arena. The debt ceiling debate/settlement/compromise is one the of the biggest acting platform for US politicians. In the ...

Lew: Debt ceiling must be raised by Feb. 27

The short term target for EURUSD for this week has been reached before NFP release. It went up to over 1.3600 today.

EURUSD Weekly Outlook: Why More Downtrend Likely & What Drivers Will Decide

It wont have much effect as the outcome is same as predicted.

Bank of England maintains Bank Rate at 0.5%

I have heard a lot about Thomson Reuters and Bloomberg desktop setups. Also many news release is given to Thomson Reuters subscribers 2 mins before the official release time. Does anyone have detailed knowledge of these setups( ...

Thomson Reuters desktop application to integrate Twitter sentiments

My short term target for GBPUSD is first 1.6453 then 1.6525 then 1.6552. Let's see what happens.

Carney Seen Raising Rates Before Yellen, Draghi

My observation of the NFP release is that there is a lot of volatility . Very steep up and down movement for the first few minutes (fight between ferocious bears and mad bulls). EURUSD closed above 1.3480 for the week. I expect an upward movement of ...

EURUSD Weekly Outlook: Why More Downtrend Likely & What Drivers Will Decide

My short term positions for EURUSD for this week would be target above of 1.3582 and then 1.3594. With NFP report this week I am confident of reaching the target because of the volatility. Ideally I am looking forward for the targets being reached ...

EURUSD Weekly Outlook: Why More Downtrend Likely & What Drivers Will Decide

I totally agree with you that sex sells no matter what country. There are two types of workers in this industry. One type are those entering this trade voluntarily knowing fully well what it means and what it requires and the other type are those ...

How A Financial Analyst From Indonesia Wound Up Being A Sex Slave In New York City

This was supposed to be happening only in third world countries. THE USA. Unbelievable. US is so much into spying and intrusion of privacy of its citizens and yet they are unable to protect people. One of incident can happen anywhere but to have ...

How A Financial Analyst From Indonesia Wound Up Being A Sex Slave In New York City

Finally hit the down target of 1.6451 the next day after FOMC decision to taper. Short term targets reached.

Forex Weekly Outlook Jan. 27-31

The reaction of USD is not much on such an important decision of reducing QE. Need to see till London open to get more confirmation on movement.

Fed Cuts QE to $65 Billion Pace as Labor Market Improves Further

Further taper. when will EURUSD AND GBPUSD fall. waiting.

FOMC Statement

Carney wants a weak sterling . It has been mentioned in previous news articles that the strong pound is hurting British Economy.

Carney: The economics of currency unions

Well , the second target of 1.3606 also hit before FOMC. Now to wait for the FOMC decision.

EUR/USD Forecast Jan. 27-31

After shying away from the first target of 1.3624 by a few pips yesterday it finally reached the first target today before FOMC decision. The next target I also expect to be hit of 1.3606 before FOMC news release. Lets see if it does happen before ...

EUR/USD Forecast Jan. 27-31