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Archive for November, 2011

Posted by Isabelle Gill On Nov - 29 - 2011 0 Comment

“Orders” indicate how you enter and exit a trade. There are different types of orders that you can place into the foreign exchange market.   It is very important to you to be aware of which types of orders are acceptable to your brokers, as different types of brokers accept different orders. There are certain basic types of orders that are provided by all brokers and there are some weird types of brokers too.

It is an order for buying or selling at the best available price. For instance, the current bid price of EUR/USD is 1.2140 and the ask price is 1.2141. If yo

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Tags: Orders
Posted by Zac Wright On Nov - 28 - 2011 0 Comment

When you are looking to secure a new credit card but haven’t applied for one in a long time, it may be in your best interest to take a closer look at how things have changed. What you don’t know about today’s credit card can cost you not just cash but also your ever-important credit score.

Here are 5 things you may not realize about a new credit card:

Credit Is Harder to Get

Because of the recent troubles in the credit industry, credit card providers are taking a much closer look at consumer credit scores before approving card applications. If yo

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Tags: Card, Credit Card
Posted by Isabelle Gill On Nov - 26 - 2011 0 Comment

Euro extends it’s decline against other major currencies after Italy’s bill auctions. While Italy still managed to sell the maximum target of EUR 8b of six-month T-bills, yields was sharply higher at an euro era record of 6.504%, comparing to 3.535% in last auction in October. Bid-to-cover ratio was at 1.47, showing weaker demand than prior auction with 1.57 bid-to-cover ratio last month. Yields on both two- and five-year bonds jumped to new euro era high in the secondary markets, at 7.70% and 7.80% respectively. 10-year yield also stays above the 7% level and move further to 7.28%.

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Tags: Auction
Posted by Zac Wright On Nov - 24 - 2011 0 Comment

They’re here! The biggest shopping days of the season have finally come. Retailers aren’t the only ones looking forward to all the credit cards coming out during this time of year. Credit card thieves are also on the prowl, waiting for the opportunity to swipe your credit cards or just your credit card information.

This time of year, it’s especially important to practice safe credit card habits to prevent credit card theft and credit card fraud. Here are some articles to help you.

Posted by Olivia Carrodus On Nov - 23 - 2011 0 Comment

Sentiment remains weak in Asia, as traders unwind risk positions ahead of the long weekend. Heavy selling in the short-end of the European yields curve as Europe opens. Dark clouds linger over Europe as the German Chancellor Merkel, French President Sarkozy and Italian Prime Minister Monti’s meeting ends with no crisis fighting initiatives announced. In addition, Merkel went on to spook the markets by reiterating Germany’s stance that backing a Eurozone bond would send the “wrong signal” and continued to reject the concept of the ECB as lender of last resort. Her wo Full post…

Posted by Zac Wright On Nov - 17 - 2011 0 Comment

The Federal Reserve Board recently revised Regulation B in response to changes to the ECOA and FCRA made pursuant to the Dodd-Frank Act. Although the new requirements went into effect in July 2011, many lenders are still confused as to whether the new requirements apply to their credit practices.

Overview

If you obtain a “credit score” on your customers from a consumer reporting agency (note: CRA is not limited to national companies like Experian), then the new requirements likely apply.

The requirements may even apply if you internally generate a proprietary “score”.

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Tags: New, New Notice
Posted by Isabelle Gill On Nov - 16 - 2011 0 Comment

USD/CHF: Daily

Ahh… Don’t you just love waking up to beautiful setups? Take a look at this one on USD/CHF! It’s almost ripe for the picking yo! The pair is fast approaching the .9300 handle, a major area of interest, and with Stochastic deep in overbought territory, it seems like we have a valid sell signal on our hands.

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Posted by Olivia Carrodus On Nov - 13 - 2011 0 Comment

Fundamental Headlines

European Session Summary

The beginning part of the week featured a major sell-off and capital flight to the safe haven currencies, the Japanese Yen and the U.S. Dollar, as liquidity conditions tightened across global markets. Short-term funding concerns are becoming increasingly prevalent in the Euro-zone, driving investors out of higher yielding currencies and into more liquid, secure assets. Although these concerns remain elevated, at least on a technical basis, markets were due for a correction headed into Friday trade as the U.S.

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Tags: Euro, Euro Rises
Posted by Isabelle Gill On Nov - 9 - 2011 0 Comment

Whether you’re in the 99%, the 1%, or attempting to ignore the issue altogether, Occupy Wall Street is a pretty enormous–and now international–movement. It’s still making the news daily, blocking traffic, raising voices and making itself heard.

Take a look at how the protests got started, how they’ve evolved, what the mission is and how the public and government perceive it.

July 13, 2011:

Adbusters publishes a blog post asking for people to rally on Wall Street.

The important point they make is that there should be no official leadership at the protests, and that what the group hopes to achieve may only be decided when the entire group agrees. The movem

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Posted by Zac Wright On Nov - 8 - 2011 0 Comment

Perks

Perhaps the biggest benefit of Escape by Discover is that you can earn 25,000 bonus Miles earned if you make a purchase every month for the first 25 months. You earn 1,000 each month you make a purchase and the full 25,000 as long as you make a purchase every month. It only applies for the first 25 months of the card.

With Escape by Discover you earn an unlimited number of double Miles for every $1 you spend on purchases versus just 1 Mile per $1 spent on most purchases on the Miles by Discover. Earn an additional 2 Miles (a total of 4) for every $1 spent in Discover’s online mall. M

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