Online Forex King- Currency Trading.

Currency Trading Advice, Broker Reviews & News from a Former City FX Trader

Forex World Cup Report

As if to prove they are kings like their currency the Swiss beat Spain in the Football World Cup (That’s soccer for our American friends). France capitulate, Germany trip up badly, Italy very very poor and England well, the usual mess and progress goes down to the wire.
This could almost be the currency report this [...]

Appetite for US Dollar increases on Hungary

Most of the weeks dramatic action was reserved for Friday.
The bad news for equity markets and the Euro began with some strange comments from Hungary. The prime ministers official spokesman said the economy was in a grave situation and that default on its debt was possible.
The comments ignited fears that a debt crisis could be [...]

Monday Update

The euro is rebounding slightly while the pound suffered in Europe on Monday.
Generally the dollar is higher, helped by last Friday’s stronger-than-expected gross domestic product figures from the U.S. as well as some anticipation of more strong data later this week.
The Euro took center stage as a technical rebound helped it to bounce early in [...]