Wednesday, November 18, 2009

UNITED WORLD CAPITAL Pound Hits Record High on U.K.�s Economic Rebirth

The pound gained versus multiple currencies today and touched the highest rate in 2 months versus its main rival, the euro, as Bank of England officials affirmed that growth is returning to U.K.’s economic outlook and stimulus measures will be lifted on a foreseeable future.(...)Read the rest of Pound Hits Record High on U.K.’s Economic Rebirth (166 words)Posted on Forex News.. UWCFX
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Thursday, November 12, 2009

AED/RUB

1 Russian Rouble = 0.12705 United Arab Emirates Dirham


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UNITED WORLD CAPITAL Daily FX Report

Since the middle of October, the GBP has been trading in a bullish trend against the CHF. Currently, the currency pair touches its bottom line of the Bollinger Bands. When it touched the bottom line, the prices recovered three times before. Furthermore it reached its support at 1.6680. Many times.... UWCFX
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UNITED WORLD CAPITAL Canadian Dollar�s Rally Halted as Commodities Falter

The Canadian dollar had the first day of losses versus its U.S. counterpart and several other key-currencies as the price of commodities declined this Thursday after a sharp rise that started in the beginning of this week’s session.(...)Read the rest of Canadian Dollar’s Rally Halted as Commodities Falter (63 words)Posted on Forex News.. UWCFX
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Tuesday, November 10, 2009

UNITED WORLD CAPITAL Forex Implications of China-US Economic Codependency

The Economist recently published a special report on China and America (Round and round it goes)..... UWCFX
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AED/RUB

1 Russian Rouble = 0.12776 United Arab Emirates Dirham


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UNITED WORLD CAPITAL London Session Recap

The rally in risk that pushed US stocks significantly higher into the close last night begun to dwindle in Asian hours. Asian stocks closed higher on the day but well off their intraday highs and European stock indices are mixed to lower. EUR/USD pushed lower in Asian hours as stocks.... UWCFX
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UNITED WORLD CAPITAL Chilean Peso Hits Record High on 2010 Growth Report

The commodity export driven economy of Chile is set to growth more than previously expected for the next year in a report published today that helped the national peso to reach the highest level in 2009 versus the U.S. dollar.(...)Read the rest of Chilean Peso Hits Record High on 2010 Growth Report (65 words)Posted on Forex News.. UWCFX
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UNITED WORLD CAPITAL EUR/GBP Daily Outlook

EUR/GBP's break of 0.8989 minor resistance indicates that an intraday low is in place at 0.8897 and turns bias neutral for the moment. Nevertheless, another fall could still be seen as long as 0.9060 resistance holds. Below 0.8897 will bring fall resumption to 100% projection of 0.9410 to 0.8996 from.... UWCFX
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Monday, November 9, 2009

UNITED WORLD CAPITAL FX Thoughts for the Day

The Cable had continued to surge through the day, breaking free of the Resistance at 1.6750. This is likely to be very bullish for the pair. Dips towards 1.6700-6650 if seen may be used to add to long. We would be targeting 1.70 over the next few days. The fact.... UWCFX
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Thursday, November 5, 2009

UNITED WORLD CAPITAL Euro Up as ECB Shifts Stimulus Program

The euro pared previous losses with a number of currencies this Thursday as the ECB affirmed that a series of measures used to stimulate the bloc’s economy on its way out of recession will be phased out, adding evidences that the economic health in the Eurozone is improving significantly.(...)Read the rest of Euro Up as ECB Shifts Stimulus Program (66 words)Posted on Forex News.. UWCFX
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UNITED WORLD CAPITAL (BOE) Bank of England Increases Size of Asset Purchase Programme by �25 Billion to �200 Billion

The Bank of England's Monetary Policy Committee today voted to maintain the official Bank Rate paid on commercial bank reserves at 0.5%. The Committee also voted to continue with its programme of asset purchases financed by the issuance of central bank reserves and to increase its size by �25 billion.... UWCFX
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UNITED WORLD CAPITAL Retail Sales Plunge In The Euro Zone, While Industrial And Manufacturing Production Improve

The euro zone released its retail sales for September today ahead of the rate decision that is due later on today as well as Trichet's speech through which he will explain the current situation in the euro zone and inflation and growth prospects.. UWCFX
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Wednesday, November 4, 2009

UNITED WORLD CAPITAL Robot is Back Online

After several weeks of hardware failure, the Pound Yen robot is back online. The Demo Server that hosted our demo robot was completely rebuilt and is ready to rock. Unfortunately, we will have to start our results over from scratch,…

. UWCFX
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Forex Tricks and Tips

The potential for profit comes from the fluctuations in the currency exchange market.
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UNITED WORLD CAPITAL (FED) FOMC Statement November 4, 2009

Information received since the Federal Open Market Committee met in September suggests that economic activity has continued to pick up. Conditions in financial markets were roughly unchanged, on balance, over the intermeeting period. Activity in the housing sector has increased over recent months. Household spending appears to be expanding but.... UWCFX
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UNITED WORLD CAPITAL Majors Advance Ahead Of The Fed

Overall, the Asian session was flat, but the major pairs started heading up during the early European session. Following the greenbacks decline throughout the European trading hours, the dollar index is preparing to break below the 76.00 area, which has been the main support level over the last six days.... UWCFX
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Monday, November 2, 2009

UNITED WORLD CAPITAL Ava FX is valued at $35m and then at $45m

Clal Finance, an Ava FX holding company (33%) recently divested 50% of their stake to an undisclosed.... UWCFX
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