MandLoysFX Introducing Brokering

Don’t jump in yet, wait until a rebound in stocks, commodities

admin — Thu, 16 Oct 2008 16:03:09 +0000

Though it seems like a good idea to start buying with your money that you smartly and luckily managed to save during hard times, but my advice: don’t buy yet. Remember, it doesn’t matter how low prices are, everything is relative, and everything can go even more down! It’s a smart idea to wait a bit until everything calms a bit, and jump on-board at that time, and ride the rocket up to the sky!

Oil at 13 months low

admin — Thu, 16 Oct 2008 13:37:41 +0000

In recent hours Oil price gained a bit but it’s still down to a 13 months low, now trading at $73.3 a barrel. This could mean increasing chances for an Opec cut.

GBP/USD is not giving in… yet

admin — Thu, 16 Oct 2008 10:57:25 +0000

I read everywhere that 80% expects GBP/USD to rise at least a little bit in the short future (in the coming days) but it just doesn’t want to start moving to the upside yet. Cable remains very calm this morning as market waits for US open and US economic news. I would only consider going short below 1.7120 but my bid trigger is closer: from 1.7275 and above 1.73 is definitely consider this pair bullish.

Talks of possible central rate cut today yet again

admin — Thu, 16 Oct 2008 10:35:19 +0000

Some sources report a possibility of another coordinated rate cut today! It will be interesting to see the market’s reaction to an unexpected second rate cut wave!

Japan decided to fight the crisis with heavy weapons

admin — Thu, 16 Oct 2008 10:28:57 +0000

Japan’s parliament decided to pass a 1.81 trillion yen (about 1.81 billion USD) supplementary budget to fund an economic package to help the country fight the global crisis.

New website engine

admin — Thu, 04 Sep 2008 15:47:10 +0000

We’re working on a new website engine right now, if you experience technical errors we apologize. We’ll update and fix everything as soon as possible. Thank you.