Sep 3, 2012

Support and Resistance

EUR/USD        1.2640               1.2500
GBP/USD        1.5800               1.5780
USD/CHF        0.9615               0.9500
USD/JPY         78.70                 78.20
USD/CAD       0.9930               0.9850
AUD/USD       1.0355               1.0280

Aug 21, 2012

Support / Resistance August 21, 2012

EUR/USD 1.2400 / 1.2490
GBP/USD 1.5705 / 1.5800

Aug 15, 2012

Oil price inflates , bet on stimulus plan

Oil is up almost a third in six weeks at a time when the world economy, and hence fuel demand, are extremely weak. Why does this happen?

Aug 14, 2012

Dollar Is Likely To Remain The World's Reserve Currency For The Next 50 Years

UBS currency strategist Syed Mansoor Mohi-uddin thinks its status is safe for a little while.  From a new note to clients:
The dollar is likely to remain the world’s reserve currency over the next fifty years,

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Aug 2, 2012

U.S. pressuring euro crisis action

According to Reuters, The United States raised pressure on euro zone leaders to take decisive action to solve the region's debt crisis, notably by lowering troubled members' borrowing costs, on the eve of a crucial European Central Bank meeting.

Jan 2, 2011

eToro Snags a World Finance Award for Most Innovative Trading Platform 2010

eToro Snags a World Finance Award for Most Innovative Trading Platform 2010

The eToro platform, already a trader favorite, has now received a nod of appreciation from the financial trading industry as a winner of one of World Finance's prestigious annual awards.

eToro's ( innovative approach to financial trading has been making waves for quite some time now among traders worldwide. The platform's user friendly graphic interfaces and wide range of ground breaking community tools have captured the attentions of novices and experts alike, who now take part in eToro's vibrant and active social trading network. With its open and daring approach, eToro has now managed to not only become one of the most popular trading platforms online, but to also receive a seal of approval from an already established financial institution.

“Our vision is to become the first global market place for everyone to trade and invest their funds in a simple and transparent way”, said eToro CEO, Johnathan Assia. “eToro already transformed the way people trade today, and we thank our community of over a million traders for helping us win this award that recognizes eToro's achievements in the financial trading arena”

World Finance magazine launched its annual World Finance Awards in 2007 with the goal of identifying industry leaders that represent the benchmark of achievement and best practice in the financial and business world. To determine the winners, World Finance magazine used an independent panel of judges headed up by Editor Alexander Redcliffe. The Panel followed up on the countless nominations, suggestions and contributions of World Finance readers to explore and analyze new trends in order to unearth the best and the brightest pioneers in the FX marketplace.

“We couldn't be more thrilled and honored to win this particular award,” said Assia. “To know that our platform was nominated and then chosen out of the hundreds of nominations is a sign that we must be doing something right. It is especially rewarding to know that our push towards innovation, which has been one of eToro's core values from the start, hasn't gone unnoticed. The challenge now is to keep innovating so we can have a shot at next year's award as well!”

As for eToro's community, they will certainly be thrilled to know that their platform of choice is leading the way in cutting edge trading technologies, and intends to continue to do so for years to come.

Open a free trading account with eToro to explore the benefits of financial trading