We expect the RBA to increase its policy rate by 25 bps to 4% on February 2, the central bank’s first meeting in 2010. This will be the 4th rate hike by the RBA after it had taken the cash rate to 3% in April 2009. Rise in domestic price…

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RBA Preview: Inflation Pressures the RBA to Tighten Further

Eur/Usd The four hour trend is short. The pair has followed the S&P futures market lower and formed a 13 day slide that took the pair from 1.4650, down to test 1.3850, and to areas not seen in seven months of trade. The move out of the euro has taken…

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Euro Leads European Pairs

The beauty of forex is you can get started right away without any money and without having any idea what you are doing. To do this you open what is called a demo forex account. In your demo account you trade with fake money and you have fun learning how…

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Learning to Trade the Forex Market