Forex Courses Group

Forex Trading is like playing in Casino.

It is hard to believe but Forex daily money turnover is much larger than the budget of many countries – it is about $1.5 trillion. To add Forex is open 24 hours a day and 7 day a week so a lot of international and investment companies as well as private traders are earning money on Forex market every minute.

Forex is not a casino but it has something in common with gambling. If you rely on your luck only you have great chances to lose all your money within first day trading or double your capital stock. Furthermore you'd better not rely on lucky circumstances and fortune but on analysis and your trade strategy while trading.

The old lady Frau Ingeborg Mootz (Ingebor Motz) earned $ 1 million buying and selling currency on the forex exchange. Thanks to this financial instrument, with unemployed women, I became one of the most successful people in Germany - she says. The forex market has given me the opportunity to earn good money - now I earn on forex 5-10 thousand dollars per day, and I think that this is not the limit. And I will not stop there - the old lady said Frau Motz.

Today, the Company Money Morning, published its declaration with reference to the fact that the Eurozone and its currency as the euro has failed, this theory argue and trading on the Forex market, we would love to believe it's not, but we do see on the graphs that, yes the Euro as a currency no longer exists.

(Reuters) - The euro zone crisis seemed to vanish from the headlines for a brief moment as 2011 ticked over into 2012, but it is about to return with a vengeance.

The coming months will be decisive in determining whether European leaders can hold their increasingly fragile currency bloc together or will stumble in the face of a daunting set of political, economic and financial obstacles lined up in their path at the start of the new year.

Euro slides to $1.2666 in thin Asian trade
* Short-covering on euro positions provides temporary
respite
* Merkel, Sarkozy meet; focus on Spain, Italy debt sales

German exports climbed stronger-than-forecast in November, pushing the trade surplus beyond economists' expectations, data from the Federal Statistical Office showed Monday.
Exports grew 2.5 percent month-on-month, almost reversing the 2.9 percent decrease in October. Meanwhile, imports dropped 0.4 percent, offsetting a 0.1 percent rise in the previous month. Economists had expected 0.5 percent growth in both exports and imports.

Eurozone investor confidence improved in January after weakening for five straight months, results of a survey by the think tank Sentix showed Monday.
The confidence index came in at -21.1 in January compared to -24 in December.
The current assessment index fell to -18.8 from -17.3 in the prior month. However, the expectations index climbed to -23.5 from -30.5 a month ago.
Eurozone investor confidence improved in January after weakening for five straight months, results of a survey by the think tank Sentix showed Monday. (Market News Provided by RTTNews)

Malta's merchandise trade deficit for November widened from a year ago, data from the National Statistics Office revealed Monday.
The visible trade gap was EUR 148.5 million, up from EUR 143 million in the same month last year. Exports rose to EUR 663.3 million from EUR 287.1 million. Imports rose to EUR 811.8 million from EUR 430.1 million.
In the first eleven months of the year, the trade deficit was EUR 1.485 billion, larger than EUR 1.416 billion logged last year.
(Market News Provided by RTTNews)

Quotes from Barclays Capital:
-We recommend being selective in EM FX as we expect differentiation by fundamentals to continue over the next few months. In particular, we remain bearish CEEMEA currencies, mainly HUF and TRY where low FX reserves relative to short-term debt limit the central banks' ability to contain currency depreciation.
-As we stated earlier, we believe China hard landing risks are underpriced, so we are more cautious in EM Asia FX, and favour some LatAm currencies, such as MXN and BRL, given their attractive carry and proximity to US.

Greece's industrial production fell at a slower pace in November, data from the Hellenic Statistical Authority showed Monday.
The industrial production index declined 7.8 percent year-on-year, after falling 13.5 percent in October.
Month-on-month, production grew 4.1 percent in November, after a 14.4 percent slump in the previous month.
(Market News Provided by RTTNews)