Unemployment Rate
Daily Market Commentary for November 7, 2008 from Millennium-Traders.Com
The U.S. unemployment rate hit a 14-year high as the U.S. economy lost 240,000 job in October! (read more)
http://www.millennium-traders.com/news/newscommentary.aspx
Economic data released today:
Employment Sit (more…)
Lost Money from Trading or Good Self Investment?
You can’t enter the world of day trading on a few well rubbed nickels. Jumping in and developing good trading skills takes some time as well as some money. Most new traders do not find immediate success, even short lived success, until after they have spent the money and time learning the process and learning how to recover from the inevitable mistake. Your perception of the money that isn’t readily recovered is going to determine whether you sti (more…)
Forex Trading – news and analysis regarding the GB
At the last BoE meeting, sterling got some measure of relief as the bank decided not to move forward with rumored measures to cut the deposit rate for banks who held their reserves at the central bank.
Today, however, the Bank confirmed that it is considering making such a move and GBP took an enormous hit versus the broader market, swooning all the way back below 1.6500 vs. the USD and sending EUR/GBP to a new since June.
The pu (more…)
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