Author: Erin Prins

ADA, MICH, July 2, 2009 — While a recently adopted National Futures Association (NFA) rule is forcing some forex dealers to discontinue the use of stop and limit orders to protect positions, GFT, a US-based company,...

GFT traders not affected by rule The NFA has enacted a new rule that will eliminate the ability of traders to hedge open trades. Many traders are nervous that they will no longer be able to place stop-loss or limit orders. As...

Identify market patterns with forward-looking market analysis tools for buying and selling currencies. GFT, worldwide leaders in online currency trading, and Autochartist™, chart pattern software for forecasting financial...

Forex traders using Apple’s® popular iPhone™ now have the forex market at their fingertips.The new application — available now at the Apple® iTunes® store — offers all of the best features of...

By Boris Schlossberg As expected ECB cut rates by 50 basis point taking the overnight rate below the 2% barrier for the first time since the euro began. With Eurozone economy contracting by -1.5% in the latest quarter and...

By Boris Schlossberg The EUR/USD dropped through the 1.2500 barrier in early Asian trade after weaker than expected Australian GDP numbers triggered a dollar rally taking out stops at the key psychological level. The 1.2500...

By Boris Schlossberg The Reserve Bank of Australia kept rates on hold at 3.25% surprising the currency market which expected a rate cut of 25bp or more. The move came on the night when the country reported much better Retail...

By Boris Schlossberg The euro tumbled at the start of trade this week after the Eurozone summit on Sunday failed to produce any coordinated response to the growing financial crisis in Eastern Europe. Instead, EU officials led by...

By Kathy Lien Since the beginning of the month, the US dollar has skyrocketed against the Japanese Yen. The strength of the currency pair has baffled nearly all forex traders. For the past 12 months, USD/JPY has traded in...

By Boris Schlossberg Eurozone unemployment for January increased by 256,000 claims taking the overall rate to 8.2% from 8.1% the month prior as the global recession continues to impact the 16 member economic union. While job...