Saudi Arabia is investing $ 165 billion in energy projects

The company announced the Arab Petroleum Investment Corporation (APICORP) said on Saturday that Saudi Arabia will invest $ 165 billion in oil projects and projects related to energy, during the next five years, making it the top Arab in terms of what will be invested in this sector in the Arab region.

The company said, according to a report to the Agency "Bloomberg" U.S. News, that Saudi Arabia tops energy projects that will be witnessed in the Middle East during the coming period, noting that the total investment in projects oil will reach to 740 billion dollars in 2017 at the level of the entire Middle East, Saudi-led and followed by the UAE with investments of up to $ 107 billion.

The company says that Algeria, Qatar and Iran ranks third in terms of investment in oil projects during the same period, and by $ 71 billion.

And calculated "APICORP" the Saudi Arabia and various countries in the region, which is planning for this large volume of investments will be able to finance their projects self if continued OPEC basket price over percent dollars, at current levels, which increase from what it was last year by $ 10 a barrel.

The company explained, "APICORP" mega projects planned by Saudi Arabia and countries in the region to move distributed to projects for oil and gas and petrochemicals.

The Kuwaiti oil expert who lives in London, Abdul Samad Al-Awadi, the $ 165 billion of investment is not large when compared to the size of the Saudi oil sector, which is the largest in the world.

The Awadi told "Arab. Net" that invest these huge sums in the oil sector and the energy sector does not necessarily mean an increase in oil production of the kingdom during the next five years, but may be hiring these investments in the process of improving the efficiency and performance of this sector.

"The part of these investments will employ to increase the productive capacity of the Kingdom certainly, but another part and perhaps the greater part may be related to the production process itself and network connectivity in the Kingdom, and these critical investments."

Awadi pointed out that Saudi Arabia is the world's only oil surpluses also, therefore, to maintain this surplus wealth for the future needs to projects and investments for the future, this may be one of the areas that will be allocated sums to invest.

It is noteworthy that Saudi Arabia is the largest producer and largest exporter of oil in the world, and a few weeks ago and described the newspaper "Financial Times" British Kingdom as lead global oil markets, due to any decision issued by the Kingdom with regard to oil will be the most influential in the market than others.

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Microsoft acquires a company specializing in data security

Acquired "Microsoft" leading software world on the company "PhoneFactor" specialized in providing solutions and endorsements multiple security factors for the protection and security of data and information and provide different ways to allow customers access to programs and services Home without relying solely on the security codes and passwords.

The aim of the acquisition by the company "Microsoft" to provide security solutions and endorsements that are effective and easy settings for cloud computing services to enhance security standards both for customers, partners or developers, and that, according to the "Bharat Shah" director servers and tools at Microsoft.

As name suggests the company "PhoneFactor" which was established in 2001, it specializes in providing services additional security during the authentication process involves asking for more security settings when you log on through a phone call or a text message or a particular application, called (authentication or documenting multi factors), unlike traditional authentication process currently approved only on the user name and password, which are known as (single factor authentication).

Authentication means "Authentication" strict security settings to verify the user's identity and make sure the powers has owned the possibility of arriving to some or all of the resources and services.

It is noteworthy that a company "PhoneFactor" since its inception and provides security services and endorsements for many governmental institutions and the role of health care and banking services, along with large enterprises and web applications, etc., as well as provide security solutions for many of the services Microsoft, including the protection of account operations unauthorized access or as a binder "Outlook Web Access" as well as the service "Active Directory" a database of all resources of the World Wide Web and Web services and users.

Did not reveal any of the parties on the financial value of the deal or any of its terms.

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Apple begins to improve maps iPhone 5 »

Company started Apple American, improve its maps service posed by the new operating system iOS 6, which works on the new smartphone «iPhone 5. The company, according to the website of the Los Angeles Time, some important fixes and updates to the data relating to geographical areas that began to appear on the maps correctly, as submitted amendments supported further details and three-dimensional display of some places. Apple said it will follow up support and improvement of the service, noting that it will improve continuously and automatically whenever he used a larger number of users. Noteworthy that Apple had apologized to San CEO «Tim Cook in a message posted on the company's background violent reaction and resentment expressed by users towards the multiple problems that were found in maps Apple new.

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Strike paralyzes factory Voxon production phones iPhone 5

A group "China LIBOR Watch" that human rights of thousands of workers went on strike at the factory the company Voxon in China, he makes phones "iPhone 5", which

Produced by the American company Apple.

The strike comes mentioned at a critical time for Apple after weeks of the world's largest display play this smart Tel. Analysts say Apple already having difficulty because of supply pressures.

The group said, citing workers, said between three thousand and four thousand workers began their strike in complex Voxon in Zhengzhou on Friday afternoon, after angered restrictions quality excessive militancy, as well as demands that work during weekends Golden, which began on Monday.

Could not immediately confirm the strike. Apple declined to comment, could not be reached immediately a Voxon company for comment.

The tensions erupted repeatedly in factories run Voxon company, which employs more than one million workers, and manufactures most of the two iPad, iPhone.

In the past month, thousands of workers rioted at the company's factory in the town of north China's Taiwan, which led to the suspension of production for a period of approximately 24 hours.

Watch said in a statement on its website, in addition to the claim that workers work during the holiday, raised Voxon demands too strict on the quality of production without providing training for workers to get the skills corresponding to those demands.

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Video new technology to open the doors using smartphones

Unveiled Apigy new technology in the field of closing issued device Lockitron which works plain كقفل and but using your mobile phone.

The device operates Lockitron, as mentioned site «Digital Trend», on news of technology, the battery is equipped techniques remote control technique Bluetooth and Wi-Fi and NFC technology compatible with smartphones that support property itself, where the user can open the lock using either property NFC by passing his compatible smart in front of the lock, or using the built-in Bluetooth phone as soon heading towards the door.

The user can control the lock through the application available on the smart devices that operate Android systems or iOS, which also facilitates control lock from anywhere in the world.

The sensor of a special type integrated into the lock to send alerts to the user when there is a front door, and if the loss of phone it is possible to easily disable the account for your application by changing the password using another device in addition to the application will send a text message to the user every time when the door is opened, even if by the normal key.

The machine is available Lockitron prior request at $ 149 and is expected to start the process of shipping to customers in March 2013.

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«Google» celebrated the 127 anniversary of the Danish physicist «Niels Bohr

Search engine Google celebrated the 127 birthday anniversary Danish physicist, Niels Bohr, where he put on his main physical graphics. Born «Port» in Copenhagen in 1885 and died in 1962, and contributed significantly to the formulation of models to understand the atomic structure, in addition to quantum mechanics and especially its interpretation advocated acceptance of nature probabilistic posed by quantum mechanics, and knows this interpretation interpretation Copenhagen and named after him Institute «Niels Bohr in Copenhagen. He served «Port» Chairman of the Danish Atomic Energy Commission and the head of the Copenhagen Institute for theoretical natural science, and received a doctorate in physics in 1911. Complete the 'Port' his studies at Cambridge University, under the supervision of the world Thomson discovered the electron, and then moved to Manchester to study at the hands of the world Ernest Rutherford discovered the nucleus of the atom, and quickly guided to his theory of building the atom. In 1913 publication 'Port' search under the title «on the composition of corn and particles in the Philosophical Magazine, and this research is one of the marks in physics, and earned him the Nobel Prize in Physics in 1922.

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Video Sony Mobile »pose« Xperia ion camera «12 Megapixel

Introduced the Sony Mobile specialized in manufacturing mobile phone «Xperia ion TFT touch screen anti-scratch Size 4.6 inches contain a layer of metallic glass. The phone works running «Android 4.0» and supported processor dual-core at 1.5 GHz, while allowing phone video capability accurately (1080 pixels) format 3GPP and MP4 with interoperability format 3GPP, and MP4, and Matroska, and AVI, and WebM. The new device comes random access memory 1 GB of RAM as well as the memory of internal storage capacity of 13.2 GB and Rear Camera 12.1-megapixel front and 1.3 megapixel resolution with support for a property area near NFC

.

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Israeli Ministry of Industry: Application 'Viper' user devices Smart iPhone Israeli

Said the website of the Israeli Ministry of Industry The application of 'Viper' user, modern mobile phones (Smartphone), which allows to make calls and send free SMS messages back to an Israeli company.

The Web site said that 50 million people are using the 'Viper' after only 13 months of its launch, although users are conducting calls by him for a period of up to one billion minutes, and sent about a thousand text message through a monthly basis.

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Jim Rogers: ‘Gold to Rise Much Higher, DO NOT Sell’

This week famed commodity bull and legendary hedge fund investor Jim Rogers spoke with Indian-based “Economic Times” on gold, China and Iran. Rogers is Chairman of Rogers Holdings but came to fame after running the most successful hedge fund in history, the Quantum Fund, with now billionaire George Soros.

Rogers on China

China is presently on a monetary easing path like most of the world’s central banks. Given China’s policy of currency controls via a dollar peg, they are forced into printing money in tandem with the Federal Reserve. Mimicking US monetary policy has pressured prices in China upwards and since late 2010, this has made US imports from China increasingly expensive:

Rogers reasons that real assets are the place to protect against these inflationary forces and have the added benefit of performing well on strong resource demands from emerging markets with large populations like China. China’s efforts, according to Rogers, are simply a product of global stimulus efforts and its the combination of loose policies from varying countries that really solidifies the case for precious commodities.

Rogers says,

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All Assets are Overvalued Except Commodities

As many investors realize there are very few places to run from depreciating money given the overall flattish yield curve and historically low interest rates, alternative investments are entering the spotlight. With a persistent inflation rate, money must travel in search of a yield to avoid withering away, yet the present lack of positive real interest rates has made this task near impossible. There is only one asset class that naturally benefits from this environment and this explains why it has outperformed all its competitors. The asset class in reference is precious commodities, and understanding why the competition is weak is key to understanding why rare commodity prices will remain strong and why its the only answer to where money should go at present.

Stocks are Overvalued

Despite very weak inflation adjusted returns over the last decade, stocks still remain a poor investment relative to key metrics. The best and most common measure of a stock’s value is its price to earnings ratio. This breaks down the price of a stock to the earnings one can hopefully expect per share unit, and this provides an objective way of comparing varying stocks or measuring the market as a whole.

At present the price to earning ratio, commonly called the p/e ratio, is about 23 to 1 for the S&P 500 stock index:

This means that for every $23 dollars you would need to spend to acquire a stock you’ll receive only $1 dollar in earnings per year. Effectively, the stock would need to keep pace with its current earnings for the next 23 years just to fundamentally justify the base purchase price today, book value aside. If current earnings are likely to decline on an inflation adjusted basis, this situation is much worse.

In many respects, the current p/e ratio indicates stocks are too expensive. For one, the historical mean p/e is 16.41 to 1 and the median ratio is 15.81 to 1. Stocks right now, then, are at least 40% more expensive than their historical average.

In addition, dividends from stocks do not even make up for inflation. The dividend yield of the entire S&P 500 index is 1.94% per year, which is about 1% below the current Consumer Price Index (CPI) annual increase. Therefore, dividends actually are producing negative real returns, destroying the purchasing power of investor’s funds.

Houses are Overvalued

The most recent complete data available is from 2010, but the factors involved do not appear to have changed much since then so the information is equally applicable to present conditions. Since all residents need to either rent or own a home, the best measure for tracking the affordability of house ownership is the rent to buy ratio. This ratio takes the median house price and divides it by the median 12 month rental cost. The resulting value is effectively how many years an owner would need to keep an active renter to justify the price spent on the house.

Houses presently cost 22 years of rental income, which is above the historical average of 15. This is calculated by taking the median gross rent from 2010, $855 (source: US Census Bureau), multiplying it by 12 and dividing it by the median sales price for houses at the end of 2010, $226,900 (source: US Department of Commerce). Its important to note that this measure assumes the house is bought outright, rental income will not fall, houses will pace with inflation and there are no maintenance costs. If financing, broker fees, drops in rental rates, property taxes and maintenance factors are included house values become even less attractive by a wide margin.

Cash, Bonds and Fixed Income are Overvalued

Bond yields on short-term investment grade instruments are close to zero and even longer term yields on government bonds do not exceed 3%, the present inflation rate, by a substantive margin.

Given these facts, no fixed income instrument is producing a positive real return when relative risks are adjusted out of the equation. With bond prices at multi-decade highs, and yields nearing the zero bound, prices are technically restrained from moving much higher. If the inflation outlook turns out to be worse than the Bureau of Labor Statistics (BLS) estimates in their CPI, and default risks spike up from their historical lows, bond values look even worse than the already gloomy outlook.

Commodities are the Only Answer

Competitive valuation is largely the reason commodities have outperformed all the above asset classes in recent times and given that all other assets remain heavily overvalued, commodities should continue to shine. Real assets have more going for them than just competitive returns as well, and will be sought after for safety, quasi-insurance, and protection in an unusually uncertain economic environment. Commodities are unique in that there is no counter-party risk and the strong liquidity is sought after while economic calamities plague the global financial environment and credit system.

To keep trade competitive, governments around the world are debasing their currencies in an attempt to cheapen their goods on the international market. Instruments that are tied to cash, therefore, are in constant danger of governmental manipulation cheapening their returns. In addition, many assets are presently driven by the credit environment and the sustainability of the credit system has never been in such disarray in modern history. Given these facts its not hard to see why the only assets which have no credit risk, cannot be debased, and have strong liquidity are outperforming the rest.

On a valuation perspective, commodities do not have traditional financial metrics since they do not produce cash flow, but there do exist contexts which provide a means for measurement. For one, on a historical basis, commodity prices still seem attractive, as many agricultural and metal commodities are trading below their nominal highs and almost all are trading below their inflation adjusted highs. Furthermore, gold, one of the most reserved commodities, only makes up less than 1% of global asset allocation which is about at a historical low.

Another major, under-appreciated reason to see commodities as undervalued is the presence of large outstanding naked shorts in the derivatives markets which imply a potential short squeeze effect continuing if price rises persist. All this said, and remaining powerfully true, the real valuation driver for commodities, however, is the deterioration of the currencies they are priced in. With the present intention of central banks to monetize the collapsing credit system, there is no visible end to the potential for commodity price rises then.

The notion that commodities are the only place to run is no longer unique to “gold bugs” like us either. The philosophy is starting to hit the mainstream as money managers find it increasingly difficult to find returns by traditional investment allocations. For example, the lack of real returns in bonds and stocks was recently pointed out by famed bond king Bill Gross in a Bloomberg interview:

In all, the commodity market is far from saturated and the fact remains that there are no other viable alternatives to park cash in at present. So far as this remains true, the commodity bull market will continue to roar forward.

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Knight launches global program trading

US-based broker Knight Capital Group has launched Knight Global, a new program trading service for institutional investors in the Americas, Europe and Asia.

Knight Global offers equity program trading, index rebalancing and transition management, with 24/7 support by the company's sales and trading desks using Knight's algorithms, smart order routing and pre- and post-trade reporting and analysis.

Developed along the similar lines to its single stock offering, Knight has connected its program trading offering in the US to its businesses in Europe and Asia using a single technology platform to service clients globally. All the firm's existing algorithmic offerings are accessible through the platform.

Knight has built up its program trading offering over the last 12 months with tools developed specifically for deployment by the Knight Global team on behalf of institutional clients, including algorithms, basket-trading capabilities, complex strategies and pre- and post-transaction cost analysis tailored for program trading.

“The team that built program trading for us in the US has used the same building blocks in Europe and replicated that success – with a few tweaks to match the system to the new microstructure,” said Jenkins Marshall, managing director at Knight Capital.

"We have hired and continue to add key program trading personnel across the US, Europe and Asia, and we've extended Knight's connectivity to even more markets," said Gregory Voetsch, executive vice president and head of global equities, Knight. "Our expanded international capabilities, the experience of our team and our methodology for trading client orders together create further opportunities to reduce transaction costs on behalf of our institutional clients."

The platform is supplemented by two sales and trading staff in each of Knight's Hong Kong and London offices, as well as an additional five in New Jersey. Knight Global is headed by Marshall and John Shaw, managing director at Knight Capital, who jointly oversee a program trading desk that includes 20 sales and trading professionals across the US, Europe and Asia.

“When we speak to US pension funds, they are not purely following S&P 500 index stocks, they are using MSCI indices for the whole world as their benchmarks,” said Shaw. “They're investing in Europe, Asia, emerging and frontier markets.” He said that Knight's knowledge of market microstructure and expertise in small- and mid-cap securities would differentiate the offering.

Knight Capital is connected to more than 100 public and private markets worldwide, covering 100% of the MSCI developed and emerging markets and a growing number of MSCI frontier markets.

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Instinet's Asian shake-up to offer new buy-side services

The recent move to fold parts of Nomura’s equities business into Instinet will trigger a boon for the agency-broker in resources, increase the opportunity to provide a holistic service to the buy-side and help it expand into new asset classes.

At a press conference in Hong Kong last week, John Adair, joint head of equities, Asia-Pacific at Nomura, and Glenn Lesko, CEO of Instinet’s Asia operations, mapped out the path to consolidation, revealing the firms expected their union to be complete by the end of Nomura’s fiscal year in March.

“We will complete the work by the end of the fiscal year,” said Adair. “Already clients are switching over.”

Nomura is migrating its execution services for cash equities, programme trading and electronic products in Asia to Instinet.

“We are addressing strong demand for an independent agency broker,” said Adair. “We’ve had two great execution solutions that are now coming together into one offering.”

Lesko said the new combined platform will exist to monetise Nomura’s strong research offering, but that Instinet will be “as bundled or unbundled as the client wants”.

“We’re strong in the agency world but globally it’s a smaller world than it used to be – not all clients engage with agencies,” said Lesko, adding Instinet’s systems will be enhanced with people and functionality from Nomura, “which has a fantastic high touch offering that will not disappear”.

Lesko said the combined cost savings “will be more machines than people” but neither he nor Adair would be drawn into a conversation about numbers of layoffs. Sources close to the matter said it was probable any potential layoffs would come from the Nomura electronic execution side of the business.

The reasserted prominence of the Instinet brand could also contain other benefits to buy-side clients looking to aggregate business in more Asian markets. Until recently, Instinet has not been particularly big in emerging markets, but Lesko said it would “now be going to more markets”.

“Demand for aggregation is growing in Asia, much more than Europe and America where feed pools are declining,” said Lesko, who without being drawn into particulars added Instinet would “also be moving Instinet technology into new asset classes”.

Adair said the Nomura brand will still be the focus for execution services in its home market in Japan, where unbundling is still almost unheard of. He said Nomura’s dominant position in Japan was another factor for sticking with the status quo there.

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Nikkei closing up thanks to the shares of the economic cycle

Japan's Nikkei index rose to its highest level in a week on Friday, thanks to gains for some stocks related to the economic cycle that prices have fallen, but Nikon shares fell because of weak earnings reports as investors sold shares in automakers because of fears of falling sales in China.

The Nikkei index of Japanese stocks was up 0.4 percent at 8863.30 points, but ended the week slightly lower.

The benchmark broader Topix 0.2 percent to 737.13 points

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Apple fails to ban the sale of Galaxy Tab 10.1 in U.S. markets

U.S. court lifted the ban on sale of Lost Galaxy Tab 10.1 in the United States, after a long period of ban the sale of the device there.

May contribute to the computer that lifted him to increase sales of Samsung in the coming festive season, which will help them to catch up through a long-standing ban on the device.

Samsung said in a statement that it happy with this decision and Brina of false allegations Apple which اتهمتنا we've stealing design Kmpiotrha tablet iPad.

In a separate case failed Samsung to convince the court that the new phone from Apple iPhone 5 violates some property rights and patents Samsung, and still the two biggest for smartphones Stand world Aalguetan in similar cases in 10 cases around the world, where he started kind between the two companies last year when Apple claimed Samsung that it violates property rights and their own invention through copying its designs.

After all-American Court found that Samsung did not violate any of Apple's rights and the ban on its organs must be lifted to Samsung continues to exercise its legitimate right in the United States of America.

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Despite the problems, but there are more than 60% of Apple computers occurred to iOS 6

Although many of the problems faced by some in the new update to Apple iOS 6, but this does not prevent more than 60% of Apple hardware between iPhone, iPod and iPad of the new update.

Where voices and complaints from the new update there from complained of the speed of the battery unlike update old, and some of them complained of problems during delivery Baloyi Fi, and of course do not forget that the problems of maps, but all this will be resolved from Apple, whether sooner or later.

If there are more than 60 percent of Apple computers have occurred to the new update, which was launched on 19 of last month, which passed 13 days, the question here is, how much percentage of devices that have occurred to the latest Android system?!!.

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A new showroom to Apple Mentajat in the Dubai Media City

Opened a "Pro Technology" one of the sponsors of the American company Apple products in the UAE a new showroom Apple products and accessories.

The new store is located in Dubai Media City in the ground floor of the building 7, which was opening its doors to customers three weeks ago, but the official opening of the new store will be within the next ten days, according to director of the showroom, "Salim Salina."

He told us, "Selina" that Hall opened its doors The customers for nearly three weeks, but the opening and so far not formally will be announced the official opening of the hall in a period not exceeding ten days at the end of finishing operations, and contains the new hall on all products launched by Apple over the past the last addition to all hardware-related accessories.

The new hall is named "Evo Free Zone" in Dubai Media City Building VII, and will store the new phone from Apple's iPhone 5 in black and white.

It is worth mentioning that the new phone users in the UAE can now use the phone through the slides "Nano handsome" provided by the Emirates Telecommunication Corporation "Etisalat".

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"Microsoft" is working on her new servise

According to sources familiar with the work of the giant software company "Microsoft" that the company now is working on a smart phone carries the brand "servise" and running the latest Windows 8.

It is known that even now there are five smart phones run on the operating system and the new Windows 8 Maha my Nokia phone model Umia 920 and 820 as well as Samsung and HTC phone.

Sources say that the purpose of the launch of a smart phone carries a sign Microsoft is not to acquire a stake of will smart phones which is controlled by both Apple and Samsung, but to inform the public how the new system, did not mention the sources of any information on phone new and everything said it was not among the products that will be this year, but next year 2013.

Were not the company is interested in the past 35 years of work in the field of software in the hardware industry even Tablet PC latter "servise" which ranked by many technicians that Tablet PC that worth trying for its high performance in all the tasks required in addition to the possibility of performance All the tasks that users have on personal computers.

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Speculation about the announcement Samsung Galaxy S 3 on Oct. 11

Samsung sent invitations to attend a conference will be held on October 11, the current and the company is expected to announce a new smart phone under the name "Samsung S3 Mini."

Dart a lot of rumors about offering the company's smart phone as a miniature copy of the last smartphone Samsung Galaxy S 3, which was a great success when launched in the market.

And more proof of this speculation is having a large letter S in the call and in which it was prepared for a small thing will have a significant impact.

And it remains so far in the context of speculation and did not yet confirmed, but it is certain and clear is the joining of a new device to feed family and small including the word mentioned in the text is likely to be a microcosm of the Samsung Galaxy S 3.

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The Foreign Exchange Market for Beginners

The foreign exchange market or forex market as it is often called is the market in which currencies are traded. Currency Trading is the world’s largest market consisting of almost $2 trillion in daily volume and as investors learn more and become more interested, the market continues to rapidly grow. Not only is the forex market the largest market in the world, but it is also the most liquid, differentiating it from the other markets.

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The Foreign Currency Exchange Market

Also known as the spot currency or forex market, the foreign currency exchange market is the largest market in the world, consisting of about $1.9 trillion in transactions every day. It is different from other markets not only because of its tremendous volume but also because of its extreme liquidity. The forex market is an over the counter, or decentralized market. This means that traders may choose from a number of dealers to make a trade with, as opposed to the stock market for example, in which all trades of a particular stock must pass through one point. This allows for much more price competition.

The market is essentially composed of six types of participants: commercial and investment banks, central banks, corporations, global funds, and retail clients (individual traders). Commercial and investment banks trade on what is known as the ‘interbank’ market and make up the largest portion of forex trading. They trade for themselves as well as for their customers, and balance accounts by trading with each other. Central banks, large corporations, and hedge funds all trade on the interbank system as well. As the largest investors in forex, and with their well-established credit relationships, the members of the interbank system trade with the best rates. About three quarters of the daily volume of the forex market is exchanged in the interbank system.

Central banks function in the forex market as regulatory agencies with the responsibility of maintaining their country’s money supply, and therefore do not speculate. Some directly influential actions they take include setting overnight lending rates, buying and selling government securities to adjust the size of the money supply, and buying/selling their own currency in the open market to influence interest rates.

The main uses of the forex market for corporations are hedging against currency depreciation to protect future transactions and buying/selling currencies to pay international employees. Global managed profit-seeking funds generate a lot of volume in the forex market through foreign financial investments. They constitute about 20% of total market volume. Individuals account for the rest, using the forex market mostly for speculative purposes and sometimes to hedge. Because of online retail dealers, individuals can participate in forex trading under similar conditions as those on the interbank level; spreads are only slightly wider and execution is just as easy and effective.

Foreign currency trading on the retail level is based on speculation on changes in the exchange rate between two currencies. Changes in the exchange rate are due to changes in the value of each currency relative to the other in the pair, and are measured in points in percentage, or pips. The foreign currency exchange market is a global market, in operation every week from Sunday at 5:00pm EST to Friday at 4:00pm EST. In every trade, one currency in the pair is borrowed in order to buy the other, typically in lots of 100,000 units each. Currencies and actions are chosen in expectation of a particular outcome. This expectation is usually derived using two kinds of analysis of the market: technical and fundamental. Technical analysis refers to the use of various statistical studies of charts of the past behavior of any currency pair in order to predict future movement. Fundamental analysis involves the use of different economic indicators as well as all news with the potential of influencing the forex market to predict future movements of exchange rates. The chances for profit are equal regardless of whether an exchange rate is increasing or decreasing, as long as the appropriate corresponding action is taken. For every currency pair there is a ‘bid’ and an ‘ask’ price. The bid is the price at which a trader can sell the currency pair, and the ask is the price at which the trader can buy it. The difference between the bid and the ask is known as the ‘spread,’ and is the cost of the trade, or the amount that the trade will have to make to break even. Trades are made on margin, with a minimum requirement of 1%. This allows for much more leverage than other markets, as well as security against losses.

It may be said that the history of the forex market began with the origin of the global free-floating currency system. This originated with the Bretton Woods Accord, held in 1944 in New Hampshire, attended by delegates from Great Britain, France, and the United States. The conference was held with the intention of creating a post-World War II global environment in which all the ravaged economies of Europe could rebuild. The outcome of the accord was the International Monetary Fund (IMF), an aid agency, and the pegging of the major currencies to the US dollar, the only major currency left unharmed by the war. This action did bring stability back to Europe, although it ultimately collapsed. Similar agreements were made in its place, though with the new intention of ending the dependence of European currencies on the US dollar. By 1973 these too had failed, marking the conversion to a free-floating system, which was mandated in 1978. By 1993 there were no longer any agreements at all, allowing all currencies to move independently.

During the 1980s computers and other technology made substantial new developments that had a significant impact on the forex market, for example by increasing the speed with which international transactions could be made. Jumping from nearly a billion dollars a day in the 1980s to almost $1.9 trillion a day now, the forex market has experienced major growth in recent years. Subsequent progression in the process of globalization has also been influential, as large corporations employ more people internationally (and therefore must exchange currency to pay them) and the economic policy of different nations becomes increasingly interrelated.

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The Foreign Exchange Market for Beginners

The foreign exchange market or forex market as it is often called is the market in whic  currencies are traded. Currency Trading is the world’s largest market consisting of almost trillion in daily volume and as investors learn more and become more interested, the market continues to rapidly grow. Not only is the forex market the largest market in the world, but it is also the most liquid, differentiating it from the other markets. In addition, there is no central marketplace for the exchange of currency, but instead the trading is conducted over-the-counter. Unlike the stock market, this decentralization of the market allows traders to choose from a number of different dealers to make trades with and allows for comparison of prices. Typically, the larger a dealer is the better access they have to pricing at the largest banks in the world, and are able to pass that on to their clients. The spot currency market is open twenty-four hours a day, five days a week, with currencies being traded around the world in all of the major financial centers.Learn more about currency trading online.

All trades that take place in the foreign exchange market involve the buying of one currency and the selling of another currency simultaneously. This is because the value of one currency is determined by its comparison to another currency. The first currency of a currency pair is called the “base currency,” while the second currency is called the counter currency. The currency pair shows how much of the counter currency is needed to purchase one unit of the base currency. Currency pairs can be thought of as a single unit that can be bought or sold. When purchasing a currency pair, the base currency is being bought, while the counter currency is being sold. The opposite is true, when the sale of a currency pair takes place. There are four major currency pairs that are traded most often in the foreign exchange market. These include the EUR/USD, USD/JPY, GBP/USD, and USD/CHF.

Forex Capital Markets (FXCM) is an online currency trading firm that offers a free demo account to traders who are new and interested in the foreign exchange market. Registering for a demo account allows a new trader to download the online trading platform that is used by the company’s clients trading live accounts and make trades as if they were doing it with real money. The demo account is an excellent way to experiment with the foreign exchange market while learning your way around the trading platform. It allows you to experience every step of currency trading including choosing currency pairs, deciding how much risk to take, tracking the time and dates of placed trades, deciding how long to stay in the trade, and when to exit the trade. It also allows the placing of stop and limit orders on trades.

Information about trading and specifically about how to use the online trading platform can be found on the FXCM webpage. In addition, FXCM offers FREE interactive online seminars that are extremely useful to both new and experienced currency traders. These “educational webinars,” as they are called are run by experienced financial strategists and range in topics from trading specific news events to trading the Euro. In addition to the webinars, FXCM also offers numerous online courses that teach investors how to trade the currency market.

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A significant decrease of gold prices on the local level and global

Jordanian sources said the stock exchange that the decline limited to prices of the yellow metal reached 30 piasters per gram reaching ounce $ 910 and came back down, compared with reports late last week.

The official said the jewelery trade and jewelry in Jordan Engineer Osama that among the factors that led to this decline is in violation selling price of the euro currency for all investors' expectations did not fall benefits unexpectedly, which in turn led to decline in the gold market due to lack of demand and increased selling.

And until the moment is not to predict that it will reach the stage metal decrease or increase the stock a lot of link political and economic factors and the financial crisis.

The official emphasized that the main reason behind this decline is the decline in world prices and quoted Ali Speaking at an average price of gram 21 carat gold carats 18.2 KD for sale and 17.8 for the purchase and Zld last Thursday.

In spite of this decline acclaimed and remarkable, but the proportion of demand and buying of the metal did not reach the stage these days of last year, and the gold market, like other markets suffering a case of inactivity due to lack of purchasing ability of individuals.

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Gold markets between recession and hopes traders

Although Ramadan is the build-up to gold dealers in order to reap the gains sold for vogue acquisitions in preparation for a wedding and the network that increases significantly after the holy month but since almost half with rising prices the precious metal and the deterioration of the economic situation that has hit the masses of the Egyptian people has broad deterioration of the gold markets clearly.

Says Mohsen Ibrahim, the economic situation with rising gold prices affect us greatly, Ramadan is no longer a special season gold dealers, was left in the month is a little and did not pay you what we or collect money for the purchase of modern forms of gold.

As a believer Ahmed conceived to things look of hope and optimism, he felt that the sale of small pieces such as Dabal and valve and ring is preferred dreamed majority gold traders long after the events of the revolution, and we consider this period is the transition between stagnation and prosperity selling and buying.

Yasser Taha suggests that it may suffer small traders in gold from this bad situation, The merchants adults can be to come to them from network buys or Almaz including gift equivalent to 40 or 50 thousand pounds They help in resolving the crisis has.

There are still a lot of rich families, which adheres to their customs a personal purchase gold kit to wear in the feast and, despite the high prices they are committed to this habit.

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Saudi report refers to turn to gold imitator substitute for Genuine

High gold prices made me forced to buy non-branded gold to the availability advantages of real gold in terms of the look and feel of stray price compared to gold original "Thus began one of Saudi girls her words when asked about the reason for their preference of what you wear gold accessories is authentic.

It is striking to consider is largely popular girls in the Kingdom who provide marriage to buy this kind of gold where you may not form different from what distinguishes the real him, but he differs in price and the type of metal under the excessive original gold prices.

Another girl showed great tight to their inability to acquire gold original illustrated it worked and her mother's advice to buy counterfeit accessories due to the inability of the financial fiance Ali purchase.

And outlined one of the girls spread of this phenomenon that the price rises witnessed in the gold markets push families pushed to change their customs and beliefs in marriage in the Kingdom.

When discussing the other side of the case said one of the vendors that boys appetizers to marry tend Sets soft alluding to significantly weaker demand and clear on the high-quality crews because of the high cost of prices where explained that the price of high-quality kit could reach 40,000 SAR.

One of the vendors said cutting accessories that Athavtn girls on his goods significantly where he said that the cost of a piece of accessory may not exceed two hundred riyals exceed original piece two thousand riyals.

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Gold prices recorded a new record high

Gold prices achieved on Friday a new record level is the highest in six and a half months and the impact of private data to promote major central banks around the world to facilitation measures amount to drive economic growth forward to score the gold so profitable for the fifth week in a row.

With stocks rising other markets and the rise of European stocks and oil prices in the return investors to rush back on the gold in particular to score during his dealings instant 1787.20 dollars an ounce while prices rose contracts U.S. futures level 1787.6 dollars an ounce and thereby achieve gold its highest level in six months and a half.

On the other hand silver prices have increased by 0.6% to $ 34.78 dollars per ounce, while platinum rose in the spot market with the same ratio of 0.6% to a record $ 1631.25 an ounce

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A new high for the euro-denominated gold prices

Gold prices denominated in euros during trading on Friday a new level on the background of incentive measures by major central banks in various parts of the world, including the U.S. Federal Reserve Board or what is known as the U.S. central bank, which encouraged investors to rush to invest for the precious metal.

The euro-denominated gold prices have risen during online transactions to verify 1374.10 euros an ounce to an aspect ratio of about 1% increase from the start of trading the same meeting.

And made ​​dollar-denominated gold prices in spot trading, up to $ 1787.2 an ounce, its highest level in six and a half months in U.S. contracts rose futures for December delivery in the same proportion almost 1% to reach $ 1787.60 an ounce.

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Gold prices recorded a new level

Gold prices in the evening session of the London Stock Exchange for gold during the day Friday, a new record high registered 1784.5 dollars an ounce and rising by more than 1% where it had opened the morning session of the day the level of $ 1773.75 an ounce.

The gold prices have reached $ 1767.19 during the previous shutdown in New York

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A strong increase in the price of gold to more than $ 1,000 an ounce in global markets

Friday saw the last sudden increase of gold prices in many global markets, Arab and especially the U.S. market, reaching price metal more than U.S. $ 1000 per ounce, and although it has a protective buy Iqbal unprecedented by investors and venture capitalists due to the ability of gold to maintain its valuewith a strong decline of the value of a lot of currencies, led by the U.S. dollar after the global financial crisis.

The news came with the increase in oil prices and falling stock prices and real estate. Considered that the large increase in the price of gold is the first of its kind since July last year, Hbut reached increment of more than 2.50% of any $ 26 dollars for the previous days, and predicted Economists increase up prices to 1030 dollars per ounce at the end of this month to catch including his record in last March.

Analysts said that gold and silver and other metals are only able to withstand the hardest financial crises in the world because it is the amount of real value of the currency away from inflation and that affects a lot of countries around the world.

And those events led to many questions relating to assume Brown for the British Treasury and after the decision to sell half of Britain's reserves of the metal according to the news.

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Economic outlook rise in gold prices to $ 1,500 an ounce

Agencies reported news that expectations of global economic forces a significant rise in gold prices in the coming period up prices to $ 1500 an ounce, due to the mechanisms that operate central banks around the world after reducing bank interest rates, and also increase the demand for gold bullion around the world, whichsupports those expectations, an increase in prices.

Which confirms those expectations what has happened since nearly a quarter century when gold prices rose to $ 860 suit $ 1500 due to cases of current inflation, and next to confirm Charles Gibson economic expert said the policy to the United States and U.S. policy Federal Reserve could lead to increased inflation rate strongly as in the past has led to an increase in inflation in gold prices.

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Portuguese selling gold and means to cope with the global crisis

Pushed the global financial crisis some Albertgalin to sell jewelery, which led to a boom in qualitative Mlhohz witnessed gold market user in Portugal due because of the growing numbers of people that were forced by circumstances to sell jewelery in exchange for tens of euros isotope gold prices, which sold it in order to be able to secure the expenses necessary for them during the month.

Global crisis also had a deep impact in the lives of economists after Khosrathm successive and large, but it was the same after a broad and significant in the lives of traffickers gold and all this was due to the economic crisis and lack of liquidity, according to some reports that in spite of rising gold prices in the past ten years, according to what he says Pinhao, but pointed out that the Portuguese compared with other Europeans across Europe as long as they love gold jewelry and jewelry Nhaddida made from grams of gold.

In addition Director largest gold companies in the market Portuguese Rui Pinhao that the gold sector has witnessed a boom actually last year as increased Mhariat company of gold three times and the year 2010, where he was the best in the last twenty years "as the company opened within two years more than 150 branches throughout Portugal .

He says Pinhao The Portuguese became perseverance during the last period sale jewelery did not appear to have any features frequency, and they face the burden of indebtedness large, due to the motivation of the stage austerity increased in the first of January, says "come people carrying some of Musogathm order to sell them and then they give me to get Gold prices suitable for them, if their consent deal ends Bastelamanm of money and then go after it. "

He added that the value of sales ranging from 20 to 25 euros for a small ring, and 750 to 1000 euros to about 50 grams of gold and that the majority of customers are women, between the ages of thirty and fifty.

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It really Olympics gold

We are accustomed sports trophies that crowned the winner always gold medals, but the latest Olympics held in London were not confined to only where that gold has become a part of the sports industry in general, which prompted Nike big name in the world of sports products incorporate gold in IT products.

The Nike, Inc. celebration of the year 2012 and the Olympics in particular through unveil a very special hour contains many techniques as a locator system (GPS) in addition to other properties with Nike Plus.

And used the "Nike" 18 carat gold to adorn new Saatha where the famous company drilled within the framework of white polished surrounding Bashachtha the "LCD" with programs that can calculate calories and distances recorded memory attached to it.

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$ 1000 price for a piece of candy encrusted gold

It is expected that poses shop "Blomz Perry" Sweets in Dubai Mall for the production of "cupcake" gold-plated French caliber 23 carat which is the most expensive on the world level where it is expected that The price segment AED 3700 AED or equivalent $ 1000 and amusing in the news itexpected that the waitress's advice customers need to be addressed during the 15 minutes before melting piece so that it can enjoy Btamha.

Says one of waitresses shop that this kind of desserts made ​​from the finest butter and vanilla Italian and gold French is expected to begin production within two weeks and will be held a gala celebration to produce cupcakes new as you wish owner shop, which is her father one of the richest wealthy owner group stores Lulu Hypermarket It is expected that the offer cupcakes to the table of gold, too.

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Gold falls under the pressure of the dollar

Gold prices today declined is the highest since the week with the investors amended centers their situation to the end of the current quarter of this year and with the wave height of the U.S. currency dollar and declining valuations, prompting gold to fall on the levels of important technical recording 1739.70 dollars an ounce.

The U.S. gold futures seen much activity as volume contracts equivalent to 600 thousand ounce within a few minutes during the transactions.

Gold prices recorded during the immediate trade decreased by 0.8%, to settle at $ 1746.10 an ounce while U.S. gold futures fell futures for December delivery value to a record $ 17.60 to $ 1748.80 an ounce.

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Gold prices in America in U.S. dollars (USD)

Gold prices today in America in U.S. dollars (USD) a daily analysis of gold prices in America today in U.S. dollars. Following report offers you the average prices of gold in grams, ounce, kilo, gold and the pound in various bullets America (24,22,21,18,14,10) and all weights.

In addition to gold prices today in America includes the following report historical gold prices in America in U.S. dollars (USD) and also keeps you abreast of the latest news and events that affect the price of gold in America.

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6 billion pounds profit bourse today

Rbjt Egyptian Stock Exchange today 5.91 billion pounds of capital market restricted after the end of today's trading session, high stock indexes collectively because of foreign buying defeated the Arabs and Egyptians selling operations.

The proportion of Egyptians from top where transactions amounted to 73.57% net sale of 1.1 million pounds, while the percentage of Arabs 7.58% net sale of 4.8 million pounds and foreign transactions represented approximately 18.85% net purchase of 5.9 million pounds.

At the level of stocks was the most prominent high share of Orascom Telecom fell 1.8%, and Amer Group rose 1.2%, and the castle by 5.2%, as well as the shares of Swedish Electric rose 2.1%, and Palm Hills fell 1.8%, and Orascom Construction rose 1.8%, and Orascom Telecom rose 1.5% , and Commercial international Bank rose 3.4%, and finally Hermes shares rose 1.8%.

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Dollar continues to rise to exchange markets

"Mohammed," White Chief of the Division of exchange currency rates U.S. dollar rose during trading Wednesday for the second day in a row and the value of half penny where you may record price dimension 6.11 pounds while the total purchase 6.10 pounds.

"White" mentioned that the increase due to a rise in the value of the U.S. currency trades continued global 

stability of the Saudi riyal at levels of 1.62 pounds for sale and 1.61 pounds to buy.

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Gold prices fell in local markets

Gold prices fell in local markets

Wrote on September 26, 2012 by Gamal Abdel-Halim

680117_221434 decline in prices of gold within local markets

Gold prices fell within the Egyptian market during the day belonging to the global linear counterparts, which saw a decline is its highest in two weeks and when global prices reached 1746 dollars per ounce low by more than $ 20 from the previous close.

Has landed the domestic market has been affected where the Calibre 24 is the sum of $ 341.76 pounds per gram, while the 21-carat amount 299 pounds, dropping for the first time in more than a week for the barrier of 300 pounds while the 18 most popular caliber of wanting to buy 256 pounds.

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Modify reading of U.S. economic growth for the second quarter to 1.3 percent .. The most prominent events of the past week in America

Saw the U.S. economy weeks relatively quiet in terms of issuing statements and economic news, compared with the past few weeks, where focused data last week on housing data and gross domestic product in the United States, but the latest developments in the situation in Europe continued to dominate the financial markets, and especially in Spain and Greece.

Where he witnessed last week demonstrations in the Spanish capital Madrid to protest the policies of austerity being pursued by the Spanish government to control the winds across the economy of Spain, while witnessed the Greek capital Athens strike workers' to protest against the policies of austerity being pursued by the Greek government as well, which predicts more tension in the two countries.

We must be noted that the data last week pointed to a decline requests durable goods during August / August sharply lower than expectations, which confirms that the requests durable goods remained weak, while the index showed that requests for products that reflect portability consumer spending is still weak is the other, due to weak spending levels, noting that spending is two-thirds of GDP almost.

With regard to the data on the performance of housing sector - the sector which began worst financial crisis in the history of the United States since World War II - during the month of August / August, where we have seen lower index new home sales and the worst of expectations, along with lower home sales waiting and lower than expectations, too, which confirms that the sector is still looking for stability missing, amid rising unemployment in the country, tighter credit conditions, not to mention the high values ​​of imprisonment mortgages, to continue those factors burdening housing sector, noted that Feds recently confirmed on many occasions continued weakness in the housing sector, and Qbua activities within the disappointing levels.

The U.S. Department of Commerce was on a date with the version of the GDP data to read the third for the second quarter of this year 2012, where the report showed that the U.S. economy grew by only 1.3%, lower than expectations, which indicated that the U.S. economy grew by 1.7% During the second quarter, while personal spending levels have risen by 1.5 percent below expectations, which confirmed those readings that the U.S. economy saw a real setback in the first two quarters of this year.

Despite the fact that the U.S. economy is still facing a lot of challenges at the moment, but the Feds had confirmed through another committee meetings FOMC and private announcing interest rates, as decided to revive plans of quantitative easing in the third round, where Feds approved recently a third round of quantitative easing by 40 billion U.S. dollars a month, and even the stability of the situation in the U.S. labor sector.

Has concluded the U.S. economy data last week issued a report income, which came were mixed a bit, where he confirmed the report of the high personal income during August / August and rose by 0.1 percent, compared with the previous reading, which amounted to 0.1 percent, and the lowest of expectations of 0.2 % Also, while levels showed personal spending modest growth during the same month rose by 0.5 percent only, compared with the previous reading, which amounted to 0.4%, and congruent with expectations, noting that spending levels constitute two thirds of GDP in the United States of America, and the best we can Description income and spending levels in the United States that it is still "weak", does not rise to the levels required.

Saw last week also issued final reading of the University of Michigan U.S. consumer confidence and for the month of September / September, to witness the decline of the index during that period and lower than expectations, noting that confidence levels are a key player in the levels of confidence in the United States.

The prices of U.S. crude oil over the past week to conclude trading last week about the levels of U.S. $ 91 per barrel, due to the wave of fear that swept the financial markets about the European debt crisis, which led investors at the same time to go about havens, especially gold, rising gold prices in last week's trading to the levels of 1773 U.S. dollars per troy ounce.

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Black Gold is witnessing relative stability despite the strength of the greenback ahead of the close of trading this quarter

Despite the fact that the negative pressures still surrounded gold prices with the power of the greenback at the end of this week, which also corresponds with the end of the month and the third quarter of this year 2012 which showed general weakness activities global economy in major global economies and pay monetary policy makers banks Central World to adopt more stimulus to save what can be saved, but the black gold is currently experiencing stable opening lows in the shadow of the growing speculation dependence more and more stimulus until the arrival of the global economy to recover please him.

There is no doubt that the doubts and fears persist in the Money Markets Global's future global economic recovery with successive negative economic data by the world's largest economy and biggest consumer of crude oil globally, not to mention the uncertainty about what would the European sovereign debt crisis within the its third year, which weigh on the shoulders of the economics of the old continent and the global economy, respectively, the thing that limits bets on crude oil prices, while signs of recovery.

It is worth mentioning that crude oil prices have fallen by 1.2% during the week and by 4.9% during the month of September / September, although they still show an increase of 8% from what it was at the end of the second quarter of this year, especially since those policies pursued by monetary policy makers globally recently will set sooner or later inflation, the thing that makes affected major minerals, led by gold, which is the safe haven and basic materials, led by black gold up the greenback, according to the relationship reverse them is not at the level of affected major currencies, especially high-yield and Ali euro head until a clearer vision.

Private and that despite the fact that the negative economic data that we have seen recently by the U.S. economy confirm the weakness of the economy and raised fears in the hearts of investors about the future of recovery which will take more time and effort, but it supports the speculation towards the feet of monetary policy makers Feds on adoption More stimulus, and expand the quantitative easing policy (QE) by the U.S. Federal revived this month with a value of $ 40 billion per month can be increased until the arrival of the U.S. economy to safety.

It is worth mentioning that the Blur witnessed by the global financial markets are currently ahead of the first weeks the fourth quarter to pay investors cautious and careful forcing them to go to the currencies low yielding, headed by the first currency in the world, especially with fears for the acquisition of the Japanese yen at current levels, which could push the Japanese central intervention to weaken it, especially as the strong yen weighing heavily exports and Japanese corporate earnings, which are the backbone of the Japanese economy, not to mention the risk of deflation afflicting the third largest economy in the world.

We have seen at the end of this week the approval of the Spanish Parliament in the end the budget in 2013, which focused on reducing the budget deficit and to find remedial action to the fourth-largest economies old continent, followed by announcement second largest economies of the euro for the general budget, which noted by President Francois Hollande in advance as it will be difficult for France thirty years ago for being designed to provide about 30 billion euros to reduce the budget deficit to 3% from 4.5% during the current year.

Otherwise still the global financial markets are looking forward to closely now test results solvency of banks Spanish, especially since it will clarify whether Spain in dire need of a loan to save external international lenders "Troika" and subject ultimately to the conditions for assistance, or remain reluctant until further notice in Shades worsening their conditions.

Especially in the wake of increased yield on Spanish government for 10 years in the secondary market today, recording 6% amid uncertainty and skepticism felt by investors towards the outlook for the state, noted that this increase on the return of the dangerous areas puts pressure on the Spanish government that reluctant currently in external rescue loan application.

It is worth mentioning that Mr. Mariano Rajoy Spanish Prime Minister has confirmed this week on the fact that his country would not apply help, but in the event of continued high returns on government bonds Spanish to record levels and a long period of time, and in the shadow of growing speculation about the feet of Spain on progress request for foreign aid in the coming period to support its deteriorating economic situation.

On the other has noted Italian Prime Minister Mario Monti yesterday about dissatisfaction and rejection of the imposition of the European Central Bank more conditions and policies austerity strict countries that seek to request loans within bond-buying program, which pointed to him the bank in advance, expressing no need for the IMF to monitor General LTC States in the event of the application and according to a European Central with its announcement of the program during the current month.

Adding that there countries such as Italy and Spain in the frequency clear to request rescue by bond-buying program, due to the conditions of economic might impose central bank for these loans, expressing it must be based European Central and the European Union in general to quickly identify the conditions associated with the loan application within purchase program bonds, and it is not supposed to postpone these conditions, expressing that economic conditions should not be more severe than those indicated by the European Union in June / June.

This has increased the dollar index, which measures the performance of the dollar against six major currencies including the euro and the Japanese yen and the British pound is currently trading at levels 79.93, its highest level during the day at 79.96 after opening at levels 79.62 and its lowest level during the day at 79.43.

On the other showed crude oil prices stable lows inaugural currently trading at levels $ 92.14 a barrel, marking its lowest level during the day at $ 91.42 per barrel compared with the opening level at $ 92.21 per barrel and a female interrogator highest level during the day at $ 92.76 a barrel, and that at 01:15 pm New York time.

As for the yellow metal has seen, we have seen declining slightly during the U.S. session, note that it is still currently trading near its highest level since February last at levels 1,768.85 $ an ounce, its lowest level during the day at $ 1,767.15 per ounce compared with the opening level When 1,777.19 $ an ounce, and reached the highest level during the day at 1,783.32 $ an ounce, as prices fell silver trading currently at levels $ 34.43 per ounce, compared with levels of the opening at $ 34.59 per ounce, although it also that he is still trading near its highest level since March / March.

Otherwise Considering the euro against the dollar, according to Zkrnh predetermined pair is now down on the drawing Japanese daily, the pair is trading at levels 1.2860, and after that achieved the lowest level during the trading day at levels 1.2838, the highest level at 1.2959, momentum indicators on the drawing Japanese per hour and daily and monthly indicate the continued rebound pair of oversold area, while they are on the levels of four hours and Level Weekly refers to rebound pair of overbought area, it is expected that the pair today is among the key support at levels of 1.2750 and the key resistance Parent at levels of 1.3165.

As for a man of sterling against the dollar has shown a decline is other on the daily chart is currently trading at levels 1.6147, and after that achieved the lowest level at levels 1.6112 and the highest level at 1.6272, the momentum indicators on the drawing Japanese per hour and daily and monthly suggests the continued rebound pair of oversold area, while they are on the levels of four hours and Level Weekly refers to the possibility of rebound pair of overbought area, it is expected that the pair today is among the key support at levels of 1.6055 and the key resistance at levels of 1.6425.

We do for a couple of dollar-yen, which showed a remarkable increase on the daily chart is currently trading at levels 78.02, its highest level at levels 78.03 and the lowest level at 77.43, the momentum indicators on the drawing Japanese per hour indicates the pair in an overbought area, while it the four hours and daily and weekly refers to rebound pair of oversold area, it is also at the level of monthly indicate the pair in an oversold area, it is expected the pair traded today among key support at levels 76.50 and key resistance levels 78.50.

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