Oil prices have been below $100 per barrel for quite some time now as the global economy stalled and parts of it are already in recession while others are soon to follow. During the 2008 financial crisis oil prices crashed much lower, this time they have found support around the $85 level and have hovered above that. Here are the three factors which cause oil prices to move: 1. The global economy. A weak economy translates in weak demand for the black gold and puts downward pressure on the price of oil. Keep in mind that oil is used in...
There are virtually countless numbers of Forex trading strategies that can be used to trade on the Forex market. In fact, the idea of creating new strategies that can be used on the Forex market is one that has gained popularity over the years and seems to attract all and sundry. The question that seems to remain unanswered in this case is "what is the best trading strategy?" All over the internet one is bound to find numerous reviews that put forward different strategies as being among the best. However, the point that is often...
Sophisticated individuals warned governments that counter-productive over-regulation would backfire. Socialists refused to listen and decided to please the uninformed masses. The U.S. leads socialistic economics in the developed world and pushed through Sarbanes-Oxley which was the biggest dagger in recent history. Sarbanes Oxley forced tens of thousands of financial firms out of the country. They took jobs and tax revenues with them and all New York City could do is watch how the socialistic pest created laws which forced the lifeblood of...
Inexperienced beginners are always interested in finding a trade robot that does all the work, so that the trader does not have to lift a finger. This idea has been pursued by all traders of the computer age. The burden of responsibility for decision making, which wears out a trader`s nerves, now falls squarely on the trading Forex expert advisors. What is a Forex Expert Advisor? The Forex expert advisor is a program capable of performing in the terminal any action following the instructions of a trader, without his direct involvement. All...
Index of investor and analyst expectations with respect to the German economy (Economic Sentiment) calculated by ZEW institute fell this month by 16% - from 55.7 points in February to 46.6 points, according to the organization.In February, the index lost nearly 10% and now its value is less than a quarter of the record 62 points, set in last December. Index of investor and analyst relations to the current situation in the German economy in the current month increased from 50 points to 51.3, refreshing highs of August 2011. Analysts polled...
