Michael Fisher | Trading Pedia

Natural Gas Prices Lower

May 22, 2013 2:29 pm

Natural gas declined for the first time since four days today after investors decided to cash out and secure gains after the fuel reached a three-week high earlier today. Still, increased demand continues to apply upward pressure on gas price due to the hot weather forecasts in the central parts of the U.S., which shot […] Read more

Euro advanced to two-year high versus Swiss franc after Thomas Jordan statement

May 22, 2013 12:46 pm

EUR/CHF pair advanced to two-year high during Wednesday trade session, after Swiss National Bank (SNB) Chairman Thomas Jordan announced that SNB would stick to EUR/CHF cap at 1.2000 and the possibility of negative interest rates if that was necessary. The pair hit 1.2614 during afternoon session in Europe, which was highest value since May 20th […] Read more

Copper and Silver Gain Amid QE Speculations

May 22, 2013 10:01 am

Copper and Silver gained today following shifting expectations about the outcome of Ben Bernankes testimony at the U.S. Joint Economic Committee. The minutes of Feds May meeting are also scheduled to be released later in the day. Silver went up 0,6% on the day and traded at $22.59 on the Comex division of the New […] Read more

UK stocks dipped after reaching 14 years high

May 22, 2013 9:07 am

UK main index FTSE 100 Index dropped 0.2% as investors wait for meetings between officials of Bank of England and the Federal Reserve. Kazakhmys Plc. declined 5.8% after UBS lowered its recommendation rating on shares. ARM Holdings Plc dropped 2.7% after the concern that Samsung Electronics could deny them as a vendor to provide a […] Read more

Corn Drops for a Third Day, Wheat Climbs

May 22, 2013 9:00 am

Corn sunk for a third day following information by the USDA that as of Sunday, May 19, 71% of the U.S. corn crop was planted. U.S. farmers planted the most ever in a single week. The number has almost reached the five-year average, which is 79% and it is a drastic improvement compared to the […] Read more

Apple’s tax strategy brings law vs moral dispute

May 22, 2013 8:08 am

Apples CEO Tim Cook made no apology on Tuesday for the giant innovator saving billions of taxes using a “flaws” in both US and Irish tax law. Cook stated that his company is backing up the corporate tax law reform even though Apple could end up paying more taxes. The CEO was called to testify […] Read more

Japan’s trade balance deficit rose during April

May 22, 2013 7:29 am

It was reported earlier today, that deficit on Japans Trade Balance widened during April, as import grew at a higher rate than export. Deficit figure rose to 880 billion JPY during April from 364 billion JPY during the preceding month. It became clear that export rose below expectations by 3.8% annually, while import exceeded estimates […] Read more

EUR/USD pair steady before Bernanke testimony

May 22, 2013 7:01 am

EUR/USD cross remained almost without change during early European session on Wednesday, as markets await the economic testimony of FED Chairman Ben Bernanke today. The pair reached 1.2939 during Asian session, highest value since May 15th, after which the euro positioned itself versus US dollar at 1.2911-1.2920 levels. Support was likely to be received at […] Read more

WTI Crude Plunges, Brent Crude Below $103

May 22, 2013 6:54 am

WTI crude prices dipped below $96 today amid concerns of lower demand and uncertainty over the end of the Quantitatve Easing program. Ben Bernanke is scheduled today to shed some light into that matter after some FED representatives voiced opinion lately that the U.S. economy has recovered enough and the labor market is now stable. […] Read more

Leverage 1:200 Forex Brokers

May 21, 2013 3:08 pm

Leverage is a concept in online trading and is used both by brokerage companies and investors. Investors typically use leverage to increase their trading capital way beyond their available balance, which enables them to significantly boost their returns from successful trades. Leverage is available when trading with different asset classes, including currency pairs, commodities, stocks, […] Read more