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Posts Tagged ‘David Cameron’

EU Agreed On Deeper 2014 – 2020 Budget Cuts

February 8, 2013 Leave a comment
— Photo Courtesy of http://www.ce-authorizedrepresentative.eu

After 25 ½ hours of talks in Brussels, the 2014 – 2020 European Union Budget was agreed upon including deeper cut as pressed by U.K. Prime Minister David Cameron to 960 billion euros down for 1.047 trillion euros less than the current budget.

“We simply could not ignore the extremely difficult economic realities across Europe,” EU President Herman Van Rompuy told reporters. “It’s perhaps nobody’s perfect budget, but there’s a lot of it for everybody. This budget is future- oriented, it is realistic and it is driven by pressing concerns.”  Read more for details.

 

May 23rd – 3.5% Gains for the Week Ending May 19th

Update from ForexTradegains.com

Forex Trading Gains 3.5%


Last week saw the market break loose after a lull of 8 weeks. A return of +3.5% for the week.   Comparatively  Certificates of Deposit is  currently paying less than 1% per annum.

Forex Trading benefits this week  from activity due to the following :                                                                    

Risk FX continues to perform poorly this morning with the euro, Australian and New Zealand dollars falling to new year to date lows against the greenback. The lack of fresh news flow from Greece is giving investors more time to consider the growing possibility of a Greek euro exit. In fact, U.K. Prime Minister Cameron added fuel to the fire by saying that the June elections in Greece should be a choice about Euro membership.

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AAA Rated Forex 
Brokerage

ForexTradeGains.com
Team@ForexTradeGains.com
Phone: 423-523-9911

Additional Reading:

Commodity Trader’s Almanac 2012: For Active Traders of Futures, Forex, Stocks and ETFs (Almanac Investor Series)

Profiting With Forex: The Most Effective Tools and Techniques for Trading Currencies

The Sensible Guide to Forex: Safer, Smarter Ways to Survive and Prosper from the Start (Wiley Trading)

Kindle Fire, Full Color 7″ Multi-touch Display, Wi-Fi

Update May 17th Forex Trading Quiet on Ascension Day

May 18, 2012 1 comment

ForexTradeGains.com – No European Data

A very quiet night of trade in the currency market due to Ascension day holiday in Continental Europe with EUR/USD consolidating its recent losses while cable saw more selling pressure on some dovish comments by David Cameron.

With no economic data in European session currencies marked time after seeing a small rally in risk during Asian trade in the wake better than expected Japanese GDP numbers. Markets started flying after the Philly Fed Manufacturing Index was announced. We took some very nice profits from that.

ForexTradeGains.com
Team@ForexTradeGains.com
Phone: 423-523-9911

Additional Reading:

Profiting With Forex: The Most Effective Tools and Techniques for Trading Currencies
The Sensible Guide to Forex: Safer, Smarter Ways to Survive and Prosper from the Start (Wiley Trading)
Kindle Fire, Full Color 7″ Multi-touch Display, Wi-Fi