The News Review:
- PFGBEST.com Delivers MetaTrader4 Retail Forex Platform
- FOREX-Yen advances vs dollar, euro, stocks eyed for direction
- FOREX-Yen broadly supported by economic fears
PFGBEST.com Delivers MetaTrader4 Retail Forex Platform
MarketWatch
The electronic trading platform is another product in the BESTDirect
suite of trading applications. BESTDirect was one of the industry’s
first to deliver customer futures orders directly into the Chicago
Mercantile Exchange Globex engine in 1998. MT4 features real-time forex
portfolio management, profit and loss and risk analysis data, automated
strategy trading systems, and the System Tracker to monitor all
automated trading. BESTDirect MT4 also provides advanced charts with
full trading capabilities including one-click strategy trading, and
streaming quotes. com President and Chief Operating Officer Russell
Wasendorf, Jr. , “MT4 was developed in response to pent-up demand from
brokers for a forex platform with this very convenient and fast, direct
access to the huge liquidity in foreign exchange markets.
Related from Sales-monster: US retail sales worst in decades; holiday view cut
FOREX-Yen advances vs dollar, euro, stocks eyed for direction
Reuters
economic report showing a record slide in consumerprices last month also added to pressure on the dollar as itsuggested the Federal Reserve may have to cut benchmarkinterest rates from an already low 1 percent. Analysts, however, said investors remained skittish aboutthe health of the world economy and were likely to take futurecues from Wall Street’s next move higher or lower. “We saw euro and the sterling break through key trend linesand momentum traders jumped in and followed the moves to pushthem higher,” said Brian Dolan, head of research at Forex. comin Bedminster, New Jersey. “But I think this is a false break because we’re likely tosee stocks relapse into negative territory, as there’s noreason for them to rally in this environment. ”
Mid-morning, the euro was up 1.
FOREX-Yen broadly supported by economic fears
Reuters
Growing concern over the U. auto industry, which isseeking billions of dollars in government aid, kept investorsaway from risky positions, pushing European shares. FTEU3roughly 1 percent lower.