The FDIC is expected to ask Congress for an expansion on insurance limits to customer deposits when the policy body resumes its normal meetings. Currently,…

Source:
FDIC To Ask Congress For An Increase In Deposit Insurance

The ISM manufacturing index is expected to fall to 49.5 from 49.9 in August, and may weigh on the U.S. dollar as the growth outlook for the world’s largest…

Continued here:
US ISM Manufacturing on Tap - Will the Dollar Give Back?

The euro crumbled versus the US dollar on Tuesday as Eurostat’s estimate of September CPI eased in line with expectations to an annualized reading of 3.6…

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Euro Tumbles As Weaker CPI Adds to Speculation of ECB Rate Cuts - Will They Do It?

While multiple counts are still valid in the EURUSD, the GBPUSD count has cleared up. There are good opportunties in this pair to start October.

Forex Technicals: The Day Ahead, October 1

Excerpted from:
Guest Speaker Andrew Spanton’s Technical Wrapup 09.30.08

EURUSD marks its largest, singe-day loss ever as dollar enjoys a relief rally and the euro market considers the threat of bank failures and a recession.

Credit:
Dollar Surges Until Bailout Revisited And NFPs Hit

The Euro crosses (except for the EURCHF) will likely weaken in the weeks ahead.

More here:
Euro Crosses: Bear Has Firm Grasp

Our Forex Trading signals forecast that the US dollar will rally against the Euro, British Pound, and the Swiss Franc through short-term currency trading….

Here is the original post:
US Dollar Forecast to Advance versus Euro, British Pound according to Forex Trading Signals

Many people dare not trade option, and the major hindrance to them is that they feel that options trading is complicated with lots of strategy involved. Besides, option price is not as straight forward as stock price, it involves a series of calculation and formula. In fact, the one that come out with the option premium formula had gotten the Nobel Price for economic, they are no other than Myron Scholes and Robert Merton.

Here is the original:
Basic Understanding About Options Trading

Many see day trading as a get-rich-quick-scheme; others accept the risk and eventually learn that this presumption appears to be true. Only a select few learn to win trading and find long-term success. So, what makes these select few different from the majority who end up losing money? The answer, “probabilities”.

Read the rest here:
Day Trading - A Scam?

One of the advantages of trading currencies (compared to other types of securities) is that forex markets operate continuously from 6PM (US Eastern time) Sunday to 4PM Friday. However, some traders may find this overwhelming. After all, if the markets never close, how should one decide when to trade? Let’s begin with a quick overview. London dominates worldwide forex trading, with New York in second place, followed by Tokyo and Sydney. Investopedia points out that the best time(s) to trade are when these markets overlap, due to a surge in liquidity, and hence, volatility. The best such overlap is between London and New York, due to the popularity of the Euro/USD pair. During these times, the “Pip” spread can widen from 30 to 70. However, since Tokyo dominates trading in Asian currencies, its overlap with Sydney is also a prime time to trade. Forbes reports:

When more than one of the four markets are open simultaneously, there will be a heightened trading atmosphere, which means there will be greater fluctuation in currency pairs.

Read More: Don’t Lose Sleep Over Forex

See the original post:
Forex is a Global Game

If you learn to day trade, then you will have found the key that unlocks one of the doors to financial success, prosperity, and independence. A solid education in the mechanics of day trading can pay for itself many times over.

Learn to Day Trade

Read more from the original source:
A Growing Canadian Economy Will Confirm Bearish USDCAD Technical Outlook

ECB’s Noyer said French banks are solid and well capitalized and among the most solid in the world. At the same time he also said that the French government…

Financial Crisis Spreads Through Europe, ECB’s Noyer Attempts to Calm Fears

German August ILO unemployment dropped to 7.2% from 7.3% in the previous month. August ILO employment rose 42K. Expectations had been for a stable jobless…

German ILO Unemployment Drops to 15 Year Low But Fails to Boost the Euro-Dollar (EURUSD)