Whether the $, € or ¥ Is Up or Down Foreximpact.com has the Information Currency Traders Need

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Recently, the Euro remained unchanged against the U.S. Dollar and is still vulnerable due to the continuing debt situation in Greece, as well as the expectation that the Federal Reserve will raise rates. Yet, markets are favoring the Euro over the U.S. Dollar. According to Dan Dorrow, head of research at Faros Trading in Stamford, Connecticut, this is due to the expectation of the Fed raising interests rates and the lack of negative news coming out of Greece.

Forex Trading System

Forex Impact

Markets are favoring the Euro over the U.S. Dollar

Recently, the Euro remained unchanged against the U.S. Dollar and is still vulnerable due to the continuing debt situation in Greece, as well as the expectation that the Federal Reserve will raise rates. Yet, markets are favoring the Euro over the U.S. Dollar. According to Dan Dorrow, head of research at Faros Trading in Stamford, Connecticut, this is due to the expectation of the Fed raising interests rates and the lack of negative news coming out of Greece.

What does this mean for currency traders? Forex Trading Systems can help currency traders utilize the current Euro situation to their advantage. Established in 20XX, Forex Impact gives currency traders the tools they need in order to trade currency on the Foreign Exchange Currency Market (Forex). They include:

Percentage in Point (PIP) Calculator
Pivot Point Calculator
Downloadable Trading Platforms
Meta Trader 4 Indicators

These tools can help investors utilize the foreign currency market as part of an investment strategy. Currency exchanges are a simple way to invest, since the majority of the trades take place with eight major currencies and they are:

United States Dollar (USD)
European Union Euro (EUR)
Japanese Yen (JPY)
British Pound (GBP)
Swiss Franc (CHF)
Canadian Dollar (CAD)
Australian Dollar (AUD)
New Zealand Dollar (NZD)

These currencies are from the world’s most stable governments, so they are not subject to large fluctuations in price. By trading these currencies, the individual investor has the opportunity to profit from the global economy and Forex Impact can give a person the information he or she needs to make currency investing decisions.

http://www.forexmailservice.com

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