Michael Fisher | Trading Pedia

Australian Forex Brokers

May 20, 2013 2:34 pm

Foreign exchange trading, commonly referred to as Forex trading is thriving in Australia, largely due to the country’s liberal stance on brokers and trading services providers. This sector is adequately regulated by local authorities, which ensures high levels of safety and customer protection. Its liberal, yet cautious regulatory environment has helped turn Australia into an […] Read more

A calm trading session for USD/JPY pair

May 20, 2013 12:57 pm

US dollar retreated against the Japanese yen during the late European session, with Japanese Economy Minister, Akira Amari, took a statement that national currency was at satisfactory levels. The pair traded at four and a half year high, but reduced positions to 102.55. The Japanese currency was supported after the announcement of Japans Economy Minister, […] Read more

Grain Futures Mixed

May 20, 2013 10:44 am

Soybean prices are climbing to an eight-week high following concerns over slower than usual soy crop planting. As of last week only 6% of the U.S. crop was planted, well below the 43% planted in the same week last year, according to the U.S. Department of Agriculture. Soybeans futures for July delivery rose 0,2% on […] Read more

High demand abroad led to monthly recovery of Italy’s Industrial Orders

May 20, 2013 9:03 am

It was reported earlier that Italys Industrial Orders registered a rise by 1.6% during March, compared to preceding month, which turned out to be for the first time for the last five months. Foreign orders increased by 3.6% monthly, while domestic ones rose by seasonally adjusted 0.2%. Official data showed that Industrial Orders declined by […] Read more

Yahoo ready to acquire Tumblr social-blogging site

May 20, 2013 8:49 am

Tumblr is a blogging site and social network company founded in 2007 by its current CEO David Karp. The site employs around 175 people. Millions of blogs and billions of post are the main resource the company offers to its users, accompanied by a strong mobile platform. So far, the company has been unable to […] Read more

Strong economic data offsets recent dips in stocks

May 20, 2013 7:57 am

Dow Jones Industrial Index recorded a new record high to 15354.40, an increase of 0.8%. This is a third record high in last four sessions. The last minute raise in shares helped the index to overcome recent share loss in price. The other average also hit a record high. S&P 500 reached price of 1667.47 […] Read more

Natural Gas Rallies After Mid-Week Drop

May 20, 2013 7:46 am

Natural gas futures hit a two-week high on Friday, May 17, following forecasts of above the average temperatures during the next two weeks in the central parts of the United States. When warm weather is expected, natural gas surges as increased electricity demand to power air-conditioning calls for more supply of the fuel, which is […] Read more

British pound lowered sharply against widely expanding US dollar

May 17, 2013 5:01 pm

GBP/USD pair registered a sharp decline to six week low versus US dollar through the course of Friday trade session, after the release of strong US data. The positive signals encouraged expectations of a possible near-term exit of the FEDs stimulus program and sent US dollar up against most major currencies. GBP/USD fell to 1.5160, […] Read more

US Leading Indicators Index up, exceeding forecasts

May 17, 2013 2:43 pm

Leading Indicators Index in United States, which was published earlier today, rose by a greater than expected rate during April. The index showed an increase in value to 0.6%, while expectations were for a 0.2% rise. During the previous period the indicator marked a 0.2% slow down. Experts from Conference Board, the group, which evaluates […] Read more

USD/CAD rose to over 2 month high after economic data from Canada

May 17, 2013 12:57 pm

US dollar expanded its positions against Canadian dollar during Friday trade session, after a series of crucial data for Canadas economic activity was released. The pair rose to 1.0309, Friday session high value, from trading in the 1.0264-84 zone. USD/CAD was expected to meet resistance at 1.3000-1.3032, while the support levels were at 1.0215-1.0200. Minutes […] Read more