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The Effects of Inflation on Your Forex Trades
Understanding the relationship between inflation and interest rates can help you decide whether or not a particular currency is growing stronger or weaker and whether you should be buying or selling that currency. According to some experts at NASDAQ, the overall projected inflation rate in UK for 2013 is targeted at 2.2 percent. This is largely due to the volatility in energy prices. How this impacts you, as an investor, depends entirely on what currency you invest in and how inflation affects it. So, as always, it pays to do your forex research, whether you’re using an automated system or not, before you commit to a trade.
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How to Compare Forex EAs
In the world of forex, an expert advisor is a thing and not a person. Expert advisors, known as EAs and forex robots, are computer programs which automate trading. They can be free or they can cost anything from under $100 to thousands of dollars. Some purveyors might put a very good-looking website together around an EA that was not very profitable. Such a type of EAs can be used for spread betting.
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5 Forex Trading Techniques for a Newbie Which Are Often Overlooked
Forex trading, like any other kind of financial activity, involves a significant risk of invested capital loss. There are particular set of rules for avoiding or keeping this loss to a minimum, and extending one‘s gains at the same time. They might seem very simple and dull, but keeping to them could save someone‘s capital or even help to avoid bankruptcy.
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Forex VPS Comparison: How to Choose the Best Offer
A virtual private server (VPS) can be useful if you’re trading Forex and are in search of a reliable server for automated trading. A high-quality VPS solution will offer you a number of specific advantages in terms of flexible resources, stability, security, and speed. Here are some features to look for…
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ECB Press Conference and Super Mario Speech – What to Expect
Today is the day when European leaders will emerge from their torpor, will stand together and present a clear plan on how to fight the European financial crisis.
That sounds great, doesn’t it? Well, if you are familiar with the political situation in Europe, you know it will not happen. At least, it is not very likely. However, the ECB press conference and Mario Draghi speech will definitely shake the exchange rate. And that means lots of money can be made by currency traders who know what to expect and what to do with their automated trading systems. Read on to be one of them…