profit

  • 30 Mar @ 15:29

    In the run-up to the end of the financial year, the Japanese currency has strengthened slightly. USD/JPY, which ten days ago was threatening the 84.0 level, fell below 82.0 for a time overnight. Part of the explanation for the turnaround lies with profit-repatriation flows by Japanese companies that frequently occur around this time of the…

  • 09 Mar @ 19:40

    Having a good understanding of technical analysis can be the key to successful trading in the forex market. Certain people with a certain amount of expertise in financial analysis might disagree with this assessment. However, they are usually those who hold advanced degrees in economics and do not wish to feel that they are wasting…

  • 20 Feb @ 17:49

    It has been quite a remarkable morning for the single currency, which is up 1% at 1.3250. Contributing to this latest spike is the dollar’s weakness across the board as it loses favour during this spurt of risk appetite. Other high-beta currencies such as the AUD, Kiwi and the NOK are also around 1% higher…