Managed Account Opportunities for 2013
>> Friday, 8 March 2013
Hi, My name is Rian. Let me share forex article for today :)
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Magic from the Forex markets keep going for a new year. A few hours resting during New Year's Eve and everything is going back to work beginning from Australian market, later the Asian markets, following Europe the United States again and again day after day. This market continuity allows traders to find plenty of opportunities for placing trades varying not only the pairs they are following but also varying market audience. Forex market, even not being a real market itself because trading activity has not a physical base, is the monument to globalization. People from many different parts of the globe joint for speculation, investing, hedging productions without caring of languages, religion, political attitude.
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Magic from the Forex markets keep going for a new year. A few hours resting during New Year's Eve and everything is going back to work beginning from Australian market, later the Asian markets, following Europe the United States again and again day after day. This market continuity allows traders to find plenty of opportunities for placing trades varying not only the pairs they are following but also varying market audience. Forex market, even not being a real market itself because trading activity has not a physical base, is the monument to globalization. People from many different parts of the globe joint for speculation, investing, hedging productions without caring of languages, religion, political attitude.
Forex Major Pairs Conditions for 2013
Evolving market time hours bring not only new different audiences form different countries, but also different number of market players affecting market volatility. Trading some pairs may show benefits if done while one of the pairs market is open. News and big players from the country may have additional interests and expectations pushing specific direction to that pair. Some other Forex major pairs are not affected by their own market being open or not. As those pairs being widely traded by many people they move independent from their own country players' activity. New Year 2013 begins finding many news titles from 2012 without being completely solved. Same as last year at the beginning, debt, fiscal budget and taxes problems are worrying at the American markets. On the European front line, debt problems at Greece, Spain, Italy same as high unemployment rates are daily concerns for governments, citizens and obviously also for forex market traders. We are only mentioning some of the news on top today.
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