Work At Home Affiliate Program. info

Best Companion For Life Just Start Your Work At Home Affiliate Program

With the high costs today it's a necessity for many families to have two incomes. If you're in such a situation, you might want to consider the possibility of being a work at home parent. The decision to work from home may come swiftly for you once you see how much it costs you to hold your present job.

So you have a $25,000 to $50,000 a year salary; but, after expenses, how much do you have left in spendable income? Sit down and figure out how much it costs you for gasoline, car ...
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you can getting information all you need by typing these keys in ur search engine or Default home page by this you can generate many free home base typing or data entry or form filling jobs these keys are more helpful for your success in finding a good home job which full fill all your need .

SEARCH FOR HOME-BASED WORK:

THE BEST PLACES TO SEARCH FOR HOME - BASED WORK:

* Company and corporate websites (IBM, Penney's, Disney, etc.) Whatever store, company or corporation you can think of, they will probably have a website. If they have a website, there will be a link for jobs.
* General employment sites (jobs.com, monster.com, careerbuilder.com, etc.) There are MANY websites for general job searches. Just do a search for 'jobs' and you're off!
* Online Newspaper Classified Ads - Whatever newspaper you can think of, they will most likely have a website. You can also do a general search online for 'online newspaper classifieds' and you will get thousands of links.
* Work-AT-Home Directory listings . If you do a search for 'work at home' or 'work at home directories', you will receive thousands of possibilities.
* Paid online survey sites listing companies seeking marketing research participants . Do a search for 'paid online surveys' and you will amazed by the number of results that come up!

The only requirements to finding a job online are time, commitment and perseverance. If you stick with it and stay focused, you will find something that works for you.
There are JOBS out there and there are good jobs out there. Hopefully, the tips listed above will help you in your quest to work from home.

WORK AT HOME JOBS INFO

Legitimate WORK -at-home jobs can be found if you know where to look. There are thousands of companies worldwide, on and off the Internet, who are willing to pay people to work from home.

Some companies require you to spend some time working at home and some time in a regular office environment. There are many major corporations now that offer this kind of flexibility for their employees.
You might even be able to convert your present job into a telecommuting one. It never hurts to ask your employer.

There are many companies that allow you to work exclusively from home.
The many possibilities in this category can include customer service, telemarketing, writing, sales, and graphic design.
These jobs are usually pay-per-project or commission-based and can be full-time or part-time. If they are full-time, they may provide benefits such as health insurance, vacation time, and retirement plans.

There are many web sites that specialize in work-at-home jobs. Some sites offer a list of job openings that can be viewed by category.
These categories include, but are not limited to, accounting, administration, clerical, finance, graphic design, marketing, sales, web development, and writing.

Other work at home sites provide only a list of companies that will hire employees to work from home. A lot of these websites also offer excellent information on starting and maintaining a home business.

Legitimate work at home opportunities require certain skills and experience just as any regular position would. For some of these jobs you will also need office equipment such as a computer, software, printer, Internet access, phone, and maybe a fax machine.

In your quest to find a job, you should research all opportunities available in the work-at-home industry, as well as other online resources.
There are many sites where you can search for home based work.

Online Jobs Info:

You have seen nearly many demands of the companies in their Ads

Why companies do this?

Actually company needs your feed backs, opinions to know the customer's response. According to the survey they improve the quality of their products and services. For this basis companies always ready to pay people like you.
You can earn handsome money in this trend.
The expediency of working at home is if you are a student, entrepreneur, retired, old man, young man, whatever, it does not consider who you are or where you are from.
It does not think about your sex, color, experience or any fix time schedule.

Another advantages of online jobs are, you don't have to investment any money as a join fee. If some companies charge to join an online then you must inquire about that site before giving them money. That may be a scam or not, as all of us know we need of 1000's of dollars to start a small business at the present time. And it doesn't need any physical place also.

People with the right ability can earn good amount of money from this online job industries like mystery shoppers, secret web shoppers, paid surveys online and paid surveys jobs if they have the right intonation to accept this new and amazing money making trends. But many things you have to give focus in these trends like, Close the eyes to declare that you will make big profits effortlessly.

As Mystery shopping or free paid surveys, paid surveys opinion poll online rewarded surveys all are at best it provides part-time income.
Don't pay money straight.
A genuine paid survey company never charges penny for materials, training or recruiting. It's always free to join.
Also keep in mind always obtaining the name of the company and checking the business out with the BBB, local consumer protection agency, and state attorney general.
Don't be puzzled by Testimonials, Guarantees, Documented 'proof', and Huge income potentials. Before joining up with any internet business I would powerfully recommend that you try Putting into a search engine the company title and the word 'scam' . You may be surprised by some people's experience of that it sounds as if well thought- of business!

Online jobs information

Online jobs are boom now days in the internet world.
Every where you can find ads promising you that you can make up to $200 every hour taking paid surveys or simply read E-mails and earn money.
Even you will see ads like make money by using your free times in Paid surveys, online data entry jobs, product and services review and analysis of many companies, E-mail reading, Mystery shopping, paid opinion etc.
Now the Internet has significantly amplified the number of people who can effectively work from home.
However, this trend is new enough that many people find themselves taking a business from home with a little idea of what routine work will be like.
Although it is sometimes possible to get paid $200 for taking part in an important focus group, the average paid survey will get you between $5 and $50. And to complete a survey it is just taking 5 to 10 minutes. And for every completed survey you will paid money starting from 5 $ to 50 $.

Start a Web business

Paul and Alison Martin, who met while they were students at Stanford University, decided to launch a Web - baby - shortly after the birth of their twins, Ainsley and Sierra.

The couple launched Noss Galen Baby in February 2004, just before Paul graduated.

By May 2005, Paul said, the site was profitable enough to support the family.

The Martins had some distinct advantages. Paul had programming and start-up experience from a stint at PayPal, so he built and maintains their Web site. The couple also moved from expensive Menlo Park, Calif. , to more reasonable Albuquerque, N.M., which keeps down their living costs.

Perhaps even more significant, the Martins were able to capitalize their business with stock option money from Paul's time at PayPal.

But Paul said initial inventory costs were just a few thousand dollars, and he could have gotten a small-business loan or worked a part-time job to keep the venture going until profits came in.

A call center in your home

In recent years, you've heard a lot about companies routing their customer-service calls to workers overseas, but a less-noticed trend is the growth in home-based call-center workers.

Thanks to the Internet and better call-routing technology, more companies are finding they can outsource their order-taking, sales and problem-solving calls to home-based workers, said LiveOps board member Bill Trenchard. LiveOps not only runs an outsource operation, Trenchard said, but it also provides technology for companies that want to set up their own home-based call centers.

Home-based workers tend to be better educated and more loyal than their counterparts at traditional call centers, according to Trenchard. Most of LiveOps' workers have college degrees Opara has a master's and turnover is low.

The flexibility that Opara likes also benefits companies. Home-based operators are typically contractors who are paid for each minute spent on the phone, so companies can quickly gear up to meet high demand without having to pay for idle workers during slack times.

The job isn't without drawbacks. Pay usually starts around $8 an hour, assuming you get enough calls, which can come slowly at the beginning, Opara said.
The jobs that simply require taking orders often pay the least, while the better-paying jobs typically require that you have sales skills.

Call centers usually have no tolerance for audible distractions, so a crying baby, barking dog or ringing doorbell could get you fired.
(Some companies require their workers have dedicated offices with doors to minimize potential distractions.) An operator also needs a dedicated phone line, a computer and high-speed Internet access.

Mobile Alerts

Now you are ready to start receiving market-moving economic data on your mobile phone.

You can Also, review economic calendar on the front page and be informed when the next economic report is released.

For USD region:

ADP Employment Change
Consumer Confidence
CPI
Durable Goods Orders
Empire State Manufacturing Survey
Employment Change
Existing Home Sales
Federal Funds Rate
GDP
Industrial Production
ISM Manufacturing
ISM Non-Manufacturing Survey
Jobless Claims
New Home Sales
New Residential Construction
Pending Home Sales
Personal Income and Outlays
PPI
Retail Sales
TIC Data
Trade Balance

Forex Training Software :

New Forex Training Software Allows you to RECORD training classes.

Below is an example of our Advanced Forex Training Software.

* Hear and Watch Trade Examples

* Ask Questions

* Discuss Trading and Review the Day's Best Trades with our Mentors and other students

* Now includes the ability to RECORD classes if you are away or at work.

Advantages of Forex Training Software:

* New Forex Training Software Allows you:
* Teach you our best trading and investment strategies. We will train and drill you over and over again on our best strategies to ensure that you are applying them properly in your own trading.

* Review your bad trades. We'll analyze your losing trades and help you learn what you did wrong. Reducing the number and size of losses is an essential goal.

* Repetitively walk you through the most important trades every week in detail so that you can continually gain knowledge and insights to perfect your own trading executions.

* Provide you with trading setups (both short and long term) every week.
We'll analyze the current markets and then lay out for you in detail the specific currencies, trading setups and scenarios that you should be looking to trade in the upcoming week.

* Enable you to execute your trades with better precision and discipline by helping you to become fully entrenched in constructive trading habits.

* Guide you in applying our strategies to the current markets. We will teach you our strategies from every conceivable angle as we shows you step-by-step how to apply them to current markets through 48 training sessions over one entire year (every day will be a different focus and you'll learn something new each day.)

* Build you up, challenge you, and motivate you in a personal mentoring relationship in which you receive ongoing guidance from us to continually improve your trading.

* Ingrain our trading knowledge fully in your mind so that you will execute it properly in your own trading... not for a week or two... but for the rest of your life.

The Economy and the Credit Market

If there was any doubt to the dollar’s primary fundamental driver, the currency would forge a new 14 year low on a trade weighted basis and against its European counterpart while the Dow officially climbed above the 10,000-mark.
Investor sentiment is keeping the greenback held down while a current of optimism sweeps the markets higher. However, caution warrants a review of not only the dollar’s role as the financial whipping boy but also the endurance of the market’s exuberance.
To maintain its status as the premiere funding currency, the outlook for the US recovery and interest rates must be weaker than its liquid counterparts.
For the growth outlook, the world’s largest economy is on pace to emerge from recession at the same gait as most of its industrialized counterparts.
Warnings from policy makers about measured expansion after growth readings turn positive is applicable to all. Realistically, the dollar’s downfall is yield.
The Federal Reserve-set benchmark rate certainly has its influence; but investors are more concerned about real market rates.
With the US 3-month Libor trading at a discount to even the Japanese equivalent, funds are both cheap and abundant traits at which to borrow from but not invest in.
We will need to see speculative competitiveness to revive the dollar

Factors of Online Forex Trade

The value of a country's currency is influenced by a number of factors: The economics of the country, its trade deficit , political and social environment.If the current government's deficit increases,
its currency's value will fall. As the government decreases its deficit , the currency can begin to recover value and the exchange rate will become more favorable. The same relationship holds true with a country's trade deficit. If the country

imports more goods and services than it exports

it will have a negative influence on the currency. Inflation lessens the ability of a unit of currency to buy less and less , so the currency loses value.
If the inflation becomes rampant the currency is valued less because it's also viewed as unstable.
As the rate of inflation begins to decline the currency begins to increase in value.Politics and social changes can play havoc with the currency exchange rates. Changes in the regime that are viewed negatively can lower the value of the country's currency in the short term and continue into the long term..
Many US industries are dependent on oil and an increase in the price of oil means an increase in their expenses and a drop in profits. In a similar way, a country's dependency on oil influences how the country's currency is valued and will be impacted by changes in oil prices. The US's dependency on oil makes the dollar more sensitive to oil prices than countries who aren't so dependent.
As the price of oil increases the value of the dollar drops.
The opposite can happen. Current government officials can make policy changes that are viewed positively by the rest of the world and that can increase the value of the currency.For the United States, interest rates and the price of oil can have a major impact on the value of the US dollar.Interest rates effect how much it's going to cost to borrow money and how much can be earned on investments. Historically if the US raises its interest rates it attracts foreign investors.
Those investors have to sell their own currency in order to buy U.S. dollars to purchase treasury bonds. If the interest begins to drop, or the perception is that the rates won't rise any more, investors may purchase Euros as an alternative investment which lowers the value of the US dollar.

* The United States is dependent on foreign oil production

New motor vehicle sales:

FinancialAustralia September New Motor Vehicle Sales Up 2.9% On Month :

New motor vehicle sales in Australia increased in September by a seasonally adjusted 2.9 percent over August.

The Australian Bureau of Statistics reported Wednesday that vehicle sales totaled 77,744 in September.

The figure was a seasonally adjusted 2.0 percent lower than September 2008.

The Bureau said increased sales were seen in all vehicle types compared to August. Compared to September of last year, sports utility vehicle sales increased 2.8 percent while passenger vehicles dropped 1.6 percent and other vehicles were down 7.4 percent.

Credit Card Billings:

Financial New Zealand Credit Card Billings Drop In September

The Reserve Bank of New Zealand said the total credit card billings fell 2.3% year-on-year in September, in contrast to the 0.1% rise in the preceding month. This is the tenth decline recorded in credit card billings in the past 11 months.

In September, domestic card billings dropped 2.7% on a yearly basis, faster than the 0.2% fall in the previous month. At the same time, overseas card billings increased 0.7%, slower than the 2.5% growth in August.

On a monthly basis, total card billings were down 1% in September, in contrast to the 1.6% rise in August. The decline comes after three months of increases.

CashBackForex:

CashBackForex. is one of the major players in the Forex Rebate part of the Forex trading industry. Offering rebates from many of the major brokers, Cash Back Forex not only gives you the money back you deserve , but also provides you with an excellent customer service environment.
This is one area of the industry that can be sometimes lost when dealing with an international market, but CashBack fx handles their clients in a professional manner and makes sure that you are happy no matter where you reside in the world.
As a trader you’re always looking for an edge in the market you trade. Forex is no different when it comes to having expenses on the trades you take. For example,
all brokers charge some form of commission or spread per round turn.
Every time you make a trade the broker makes money, and that is the way it has always been. So If you were getting money back on a trade, win or lose, it makes the trade more profitable no matter the outcome.
It only makes sense to trade with a broker that offers you rebates.
You’re using the same broker, same platform and same spread, but only this time you make a cash rebate every time you place a trade.
This can mini lots or standard size lots.
People can find it confusing on how this process works, but once they receive their first monthly rebate check, every thing becomes clear.

This is why you see ads that offer “get paid to trade”. You can have a losing month, but once you get your rebate check, you may in turn become profitable for the month.

Forex Trading Rebates

This has been discussed heavily on the site, but Forex Rebates is going to be the norm whether you are involved or not.

The line is forming and the brokers are listening. Traders don’t want to pay full price for their trades anymore. They want to work with an Introducing Broker that offers trade rebates. This is a Forex Broker Bonus that keeps on giving. As you make trades you receive a piece back into your trading account or in other ways people payout, like Paypal or check.
This is cushion money and it builds up fast. You make a one standard lot trade and you can be earning $6 - $12 for just opening and closing the trade.
This is fantastic and it is a win win for every one, especially the trader. Forex Trading rebates will go a long way and to make sure a Forex broker keeps you on board, this is one of the major tactics that is being explored by more and more people.

Most likely you have to go to an Introducing broker (IB) for these bonuses, but for sign up deposit bonuses, you most likely can go directly to the broker. Just remember, are you the up front kind of trader or are you the type of trader that wants to keep getting paid, win or lose on your actual trading stats with a cash back system.

Forex Robot Trader Review

We got off to a fast start setting the robot up only because we know the Metatrader platform. For novices this setup can be pretty complex and it will require patience.
Don provides several tutorial videos and write ups to help you get through the initial setup. Once you are all setup there is not much else to do except watch the software in action.
Setting this robot up will help you learn the platform as well. With the amount of programming the fee of $199 seems very reasonable. Now all we have to do is make a profit and we can say the $199 is very cheap.

Forex Robot Software:

Forex Robot Software:
We are pleased to offer you information about the Forex robot software created by Don Steinitz. After many emails with Don, we are excited to share with you, our review and performance of this trading robot.
You don’t always know who are dealing with when buying a product, but Don was very open and very responsive to all our questions. We worked out a way so we can share the performance of this trading software and hopefully prove to you that it is one of the best robots on the market.

Forex Broker

Best Forex Broker
Who is the best Forex broker?
This is a tough question to answer and most people will say, it depends on a several things.

1. Trading Style
2. Spreads
3. Customer Service
4. Reputation and Trust
5. Platform stability and execution

These are all important, but what it comes down too when finding the best forex broker , is the comfort you feel when you trade with a broker dealer. You may also want to try eToro for a different take on Forex. Satisfaction…


List of Forex Broker Reviews:

FXCM is a leading dealer in the Forex Industry and there are many reasons why. This regulated broker has all the things you want in a Forex Broker. There platform is made for the institutional traders, but perfect for the small trader as well.

1. Spreads as low as 2 pips
2. No dealing desk platform
3. Top-tier customer service
4. Micro Accounts

Greenback Slumps on Shift to Riskier Assets

The dollar’s respite proved short-lived as traders resumed selling the currency in the Thursday session, pushing it to a fresh one -year low against the Australian dollar at 0.9088 and two -week low against the euro at 1.4816. The equity, commodity and energy markets were in lockstep as spot gold touch record high for its third consecutive session past the $1,055 per ounce level and crude oil edging back above the $70 per barrel level near $72.
The major US equity bourses also climbed higher, with the S&P 500 and Nasdaq advancing by nearly 1% in the afternoon session.

The economic data released earlier in the session saw weekly jobless claims improve to 521k from 551k a week prior and the August wholesale inventories slip by 1.3% from a 1.4% decline in the previous month. Speaking earlier today was Richmond Fed President Lacker reiterated that the economic outlook remains unchanged from the previous FOMC meeting, adding that the risk of sliding into a recession again in 2010 has diminished substantially.

Banks:

The Bank of Japan’s Monthly Report saw the central bank upgrade its economic outlook for the second consecutive month, saying the drop in capital spending is moderating while the pace of deflation is likely to stabilize in the short term. However, the more interesting news came from

Finance Minister Hirohisa Fujii, who revealed that he told his US counterpart Tim Geithner that while he agrees with a strong US Dollar policy, nations should not compete to devalue currencies, citing the 1930s’ FX devaluation as detrimental to the global economy
at the last G7 conference. The comments hint that perhaps Japanese authorities will shy away from intervention if the Yen counties higher with USDJPY poised to sink deeper below 90.00, a level that was widely believed to be the threshold of Japan’s comfort zone.

When Forex trading born..

The Foreign Exchange Market was established in 1971 with the abolishment of fixed currency exchanges. Currencies became valued at 'floating' rates determined by supply and demand. The Forex grew steadily throughout the 1970's, but with the technological advances of the 80's Forex grew from trading levels of $70 billion a day to the current level of $1.5 trillion.

The Forex is made up of about 5000 trading institutions such as international banks, central government banks (such as the US Federal Reserve), and commercial companies and brokers for all types of foreign currency exchange. There is no centralized location of Forex major trading centers are located in New York , Tokyo , London, Hong Kong, Singapore, Paris, and Frankfurt, and all trading is by telephone or over the Internet. Businesses use the market to buy and sell products in other countries, but most of the activity on the Forex is from currency traders who use it to generate profits from small movements in the market.

Dollar Slides on Negative Employment Data

USD - Dollar Slides on Negative Employment Data

The Dollar saw an extremely bearish session during last week's trading. The Dollar dropped around 200 pips against the Euro, and the EUR/USD pair rose to the 1.4900 level. The Dollar also dropped close to 300 pips against the Pound. Last week's trading has started with a rather bullish sign for the American currency. The Dollar strengthened on all fronts following a few positive publications on Monday.
The most affective publication appears to be the Pending Home Sales, which showed that the change in number of homes under contract to be sold but still awaiting the closing transactions, rose by 6.1% during September, beating expatiations for a 0.2% rise. Due to the fact that the housing sector was the catalyst for the crisis, positive housing data tend to support the Dollar. However, close to the weekend the Dollar saw a sharp downtrend, which came as a result of the disappointing employment data.
The Non-Farm Employment Change report showed that the U.S economy lost 190,000 jobs in October, failing to reach expectations for a 173,000 loss.
This has led the Unemployment Rate to reach 10.2%, a 26-year low.
The total number of unemployed people in the U.S rose to 15.7 million. As for the week ahead, many interesting data is expected from the U.S economy. On Thursday, the weekly Unemployment Claims will be published. Considering the poor employment data from last week, this report will become even more important. Traders are also advised to follow the U.S Trade Balance on Friday. This report measures the difference in value between imported and exported goods and services during September.
It seems that unless positive figures will be published for both these reports, the Dollar might continue to weaken.

Oil Rises Due to Hurricane Ida Concerns

Oil - Oil Rises Due to Hurricane Ida Concerns

Crude Oil underwent a very volatile session last week. Crude oil began last week's session with a rising trend, and a barrel of oil was traded for $81.0. However, a change in trend took place then, and crude oil dropped to $77.0 a barrel.

Currently, as storms are shutting export terminals and production in Mexico and Hurricane Ida is entering the southern Gulf, oil prices are rising once again, and a barrel of crude oil is now traded for $78.50. Hurricane Ida is currently expected to weaken as it crosses production regions of the Gulf of Mexico. Nevertheless, traders should keep an eye on the developments of this issue, as it is likely to impact the prices of oil throughout this week.

In addition, on Thursday, the U.S Crude Oil Inventories data will be released. This indicator tends to have an immediate impact on crude oil, and traders should follow its result.

Traders should also follow the leading publications from the U.S as they have proven to have a large impact on crude oil's value.

Gold prices

Gold prices are obviously departing from the weak-dollar theme that has driven metals and energy prices during past few days. Whilst crude keeps on bringing higher, gold has taken out increasing channel support and presently getting ready set to break under a flatter minor increasing trend line to find the direction for a drop to $1044.00.
This is particularly noteworthy given the background in the currency markets, where the US Dollar is rallying higher almost all the majors with the important exception of the British Pound. It looks like a change is on the move, though it stays to be seen what is produced once it is done.
The fall in silver has been evident, with prices testing under major support at $17.50, the range bottom that had prices from the start of the month.

ForeX News

FXNews provides up-to-the-minute financial news and market analysis from leading news providers such as Thomson Financial News, Dow Jones International, 4cast, and UBS Analysis. FXNews provides traders access to the information they need to help navigate through the forex market:

Forex Market Commentary and analysis Statistics and FX market reports throughout the day Spot reports on currency movements driven by key news events and major economic indicators Dow Jones content in six different languages: Arabic, Chinese, English, German, Japanese and Russian.
Sound Alerts to indicate new articles matching customized preferences Local save of user preferences: window layout, language, and news filters

Forex Discussion

GVI Forex Discussion PointsThe focus of trade in the latter part of this week has been on the upcoming non-farm payroll report. If the October loss in jobs matches the consensus of “only” -175K (vs. -263K in September) then most will see the data as constructive. Equity markets already priced in a positive number yesterday and the USD has eased a bit with a lag today. With the bias of the market heading into the payroll report positive, the market is at risk of a disappointing report. There is a G20 Finance Minister and Central Banker meeting this weekend in Scotland. Forex will certainly be a topic again, with many upset with the pegging of various Asian currencies to a weak USD. Expect only empty words. Forex

Brazilian Real Extends Gains on Domestic Optimism

Brazilian Real Several reasons are providing support for the Brazilian currency to extend this week’s gains as risk appetite rose today increasing demand for commodities, injecting money in Latin American stocks, consequently adding confidence towards the real’s outlook. The Federal Reserve is likely to remain interest rates in the United States at a record low of 0.25 percent tomorrow, fact which is forcing investors to search for higher-yielding opportunities in emergent markets, being Brazil one of the favorite destinations currently among traders, which are influencing positively the rates for the Brazilian currency this Wednesday.

Bank of England

Bank of England adds STG25b to economy6/11/2009 8:31:29 AMPound sterling notes The Bank of England announced Thursday that it will pump another STG25 billion ($A45.43 billion) into the recession-hit economy, after it held interest rates at a record low. "The BoE's Monetary Policy Committee today voted to maintain the official bank rate paid on commercial bank reserves at 0.50 per cent," the central bank said in a statement. "The committee also voted to continue with its program of asset purchases financed by the issuance of central bank reserves and to increase its size by STG25 billion to STG200 billion ($A363.4 billion)," it added.
The asset purchase program is more commonly referred to as quantitative easing. Under QE, the British central bank buys bonds from commercial institutions to try and boost lending to businesses and individuals. The BoE added on Thursday that it would take three months to complete the additional asset purchases, while the scale of the program would be kept under review. The central bank also noted mounting signs of a tentative global economic recovery in a statement explaining its decision. "The world economy has shown signs of recovery, with a number of emerging market economies experiencing a strong rebound in growth, although global activity as a whole remains significantly depressed," the BoE said. "Asset prices have risen internationally since the spring, reflecting both the gradual improvement in the economic climate and accommodative monetary policies. "And banks' funding conditions have improved, though financial conditions remain fragile."

Oil rises above US$80 in Asia

Oil rises above US$80 in Asia Friday(update)

SINGAPORE: Oil prices rose above US$80 a barrel Friday in Asia as crude investors eyed a surge in global stock markets. Benchmark crude for December delivery was up 47 cents to $80.09 a barrel at midday Singapore time in electronic trading on the New York Mercantile Exchange.
The contract fell 78 cents to settle at $79.62 on Thursday. Oil traders often look to stock markets for a sense of overall investor sentiment, and the Dow Jones industrial average rose 2.1 percent Thursday on better-than -expected jobless claims numbers and positive forecasts by Cisco Systems Inc. All major Asia indexes were also up in early Friday trading. Crude investors are also watching signs in recent weeks of a drop in U.S. oil supplies, which increased sharply this year as demand shrank. Some analysts forecast higher oil prices next year as the economy strengthens and demand recovers. "We expect fundamentals to improve as oil demand growth resumes," Morgan Stanley said in a report. "Until the oil market tightens, oil will be dragged in the wake of other risky asset price moves. " Morgan Stanley said it expects oil to average $85 a barrel next year. Crude has crisscrossed the $80 level for the last few weeks as investors mull weak U.S. consumer demand and a volatile dollar. In other Nymex trading, heating oil rose 1.16 cents to $2.07 a gallon.
Gasoline for December delivery gained 0.99 cent to $2.00 a gallon. Natural gas for December delivery fell 1 cent to $4.78 per 1,000 cubic feet. In London, Brent crude for December delivery rose 66 cents to $78.65 on the ICE Futures exchange. AP Earlier report Oil price slips on questions about demand NEW YORK: Oil prices slipped Thursday as investors questioned whether the U.S. would regain its appetite for petroleum. Benchmark crude for December delivery gave up 78 cents to settle at $79.62 a barrel on the New York Mercantile Exchange. In London, Brent crude for December delivery fell 90 cents to settle at $77.99 on the ICE Futures exchange. While the economy has shown signs of recovery, economists, including those at Cambridge Energy Research Associates, have predicted that world energy demand will continue to slide as automakers build cars with better mileage and countries embrace alternative fuels. That assessment, combined with Energy Information Administration data that showed a drop in oil imports last week, helped push crude prices lower. "The good news we're hearing about the economy is not translating to a stronger oil market yet," said Michael Lynch, president of Strategic Energy & Economic Research. The Labor Department said Thursday that productivity increased and the number of people seeking unemployment benefits for the first time dropped to the lowest level in 10 months. Still, analysts continued to focus on weak oil imports and tepid consumer demand. The EIA also reported Thursday that the U.S. continues to sit on an ever-expanding natural gas stockpile that's the largest on record. As of last week, 3.79 trillion cubic feet of natural gas had been crammed into storage.
Natural gas is a key energy source for power plants around the country, and a large buildup in supplies provides yet another example that factories and other businesses are struggling to ramp up their operations. Oil prices had increased for several months, primarily tracking the decline in the dollar. Crude barrels are priced in U.S. currency, and they tend to rise in price as the dollar weakens and gives buyers holding international currencies the ability to buy more with the same money.
But concerns about large petroleum surpluses and poor consumer demand have raised doubts about how high oil can go. In other Nymex trading, heating oil fell 3.26 cents to settle at $2.0576 a gallon.
Gasoline for December delivery lost 2.5 cents to settle at $1.9877 a gallon. Natural gas for December delivery rose 5.7 cents to settle at $4.782 per 1,000 cubic feet.

Top 10 Myths about Forex

Forex is a market where exchange of one currency with another currency takes place. It’s the market which provides accessibility and liquidity to the traders to buy and sell one foreign currency in exchange of another. Forex traders seek profit in buying currencies low and selling them high. This kind of trading became more popular with the widespread of the on-line Forex brokers. There is a lot of information available about Forex on the web. However there also many myths surrounding the foreign exchange market:

1. Forex trading is easy. Many people that want to dive into the world of the foreign exchange market believe that the Forex trading is easy you just read a book or two and then you will be able to earn daily profits with just 2-3 hours trading daily. Others think that they can buy a profitable strategy and it will make them rich in Forex. In reality that’s just a myth. Succeeding in Forex isn’t easier than mastering any other profession it takes time, money and a lot of practice.

2. "I will make money in Forex, if I can trade stocks successfully." Success in stock market doesn’t imply that you will get success in Forex market there are many differences between trading stocks and the spot currencies. First of all, Forex market requires a lot of hard work and dedication as this market is open for 24 hours a day. You cannot just sit in front of your computer for the whole day and night, so the best way is that you should find the most suitable time periods for trading. Second, “buy&hold„ strategy simply won’t work in Forex market. Third, you don’t have that much information about currencies as you can get from the companies’ reports and statistics.

3. "I can make profit whenever I want if Forex market is open 24 hours a day." Once again, you won’t be sitting in front of your PC for the whole day to be able to trade 24 hours.
You’ll have to develop automated trading software to get the advantage of 24 hours a day working schedule.

4. "I can be a successful Forex trader just following someone else’s signals." Many beginning traders get burned by the blind signal-following.
That’s like putting away the whole responsibility for your actions to someone else. That may sound cool, but in reality you end up with the huge losses. Learn to rely on your own knowledge and skills. Remember that there were no great signal-followers in any financial market.

5. No commission is to be paid in Forex market. You only have to pay the spread, but you don’t have to pay the commission. And what’s spread?
It is the difference between the buy and sell price of the currency pair at the same moment. You may end up with the major part of your profits in the broker’s hands if you plan to rely on the short-term trading.

6. Forex is a scam. Some skeptics and disappointed traders think that Forex is just some new fad to scam people for their hard earned money. Although there are many scams that are hiding behind the "brand" of Forex, that doesn’t mean that the Forex itself is a scam.
There are many institutional Forex brokers, regulated Forex account managers and other solid companies in the market to whom you can trust.

7. "I need to exactly predict the market outcome to be profitable in Forex." There is no scientific method to know something in advance in the market with a 100% certainty. There would be no Forex market if you could know the exact currency rates beforehand. Trading is not the game of certainties; it’s a game of odds. One of the first things that new traders learn is to think in the terms of probabilities and risk-to-reward ratios.

8. "I need to use a very complex strategy to be successful in Forex. " It’s a popular myth, in which many on-line sellers would want you to believe . The main requirement to be successful in Forex is a self-discipline and money management.
There are many traders that make consistent profits with rather simple and old strategies.

9. " I need to have a lot of starting capital to get profit in Forex." Big capital investment won’t help you in Forex. You don’t need a lot of money to diversify in currencies and you can’t move the currency rates with your trading orders (you’d need billions of dollars to do that) .
Actually you can trade with a very a little capital, because Forex trading is almost always leveraged with the broker’s money.

10. Forex is gambling because it’s completely random. Although there is no certainty in Forex (as in any financial market) it doesn’t mean that it’s completely random.
And it’s certainly not a gambling, since your success in this market depends mostly on your skills and experience, not on your luck. Knowledge is power so it’s better for you to learn distinguishing some stereotypical myths from the real thing. Don’t fall for the promises of getting some easy profits in Forex, but don’t be afraid of the market just because some people think it’s not possible to earn there. Be rational this quality will help you either if you are going to trade in Forex or not.

Canadian Dollar Extends Rally Before Fed Statement

Canadian DollarThe Canadian dollar continued to gain this Wednesday versus the greenback as demand for commodities produced in Canada and stocks worldwide gained significantly, raising attractiveness for the loonie even further, after several sessions of losses during the past week.
The Federal Reserve is likely to post statements regarding monetary policy in the U.S. this Wednesday, and according to virtually all economists, rates are likely to remain unchanged, which is good for the Canadian dollar, since a Fed rate hike would decrease the appeal for the Canadian currency substantially.

The loon ie is one of the most stock linked currencies, and today, after positive bank earnings in Europe, stocks rallied worldwide, adding reasons for investors to return their positions in Canada, previously sold last week following Bank of Canada declarations that a strong currency would impact negatively the economic recovery of the North American nation, halting a rally that set the Canadian dollar to levels near parity with its U.S. counterpart.
The Canadian dollar has still further room to increase, but investors became rather skeptical to invest sharply in Canada, as the Bank of Canada has been stressing frequently that a strong currency is unwelcome in the country, fact which is likely to limit the loonie’s rally even if its fundamental outlook is bullish.