Eurozone Debt Crisis Sends Gold to New Record
The euro, global equities and bonds in peripheral eurozone countries are all lower this morning on heightened concerns about the debt crisis in the zone. The euro has fallen against all currencies and is at a record low against gold at €1,080.21/oz.
Read more on Resource Investor

Asian Stocks Advance as Metals, Oil Rebound; Yen, Franc Weaken
Asian stocks advanced as metals and oil rebounded from a drop amid easing concern the global economic recovery will falter. The yen fell against 15 of 16 peers after the Bank of Japan voted to maintain monetary policy.
Read more on BusinessWeek

Japanese Stocks Increase, Led by Banks; Mizuho, Renesas Advance
Japan’s Topix index of stocks rose for the first time in five days, led by lenders after a report that Mizuho Financial Group Inc. will merge its banks and as the yen weakened.
Read more on BusinessWeek

Wal-Mart Still Weak at Home but Strong Abroad in First Quarter
The market is underestimating Wal-Mart’s cash-flow-generating power, leaving shares moderately undervalued.
Read more on Morningstar

Tuesday’s news and tips
? Debt-laden pubs group Enterprise Inns said average net income per pub remained stable in the first half of its fiscal year, despite poor weather conditions over the key Christmas trading period.
Read more on Investors Chronicle

Be Bullish On Inflation
Easily the most vaunted question within financial circles at present is the inflation question – will it keep accelerating and will hyperinflation arrive eventually?
Read more on GoldSeek.com

Dollar down on Greek debt concerns
THE dollar opens one US cent lower, with investors worried after Greece looked set to restructure its massive debt overnight.
Read more on Daily Telegraph

US Dollar Measured Objective at 7686
60 Minute Bars Prepared by Jamie Saettele, CMT I looked at the weekly yesterday but the near term developments are worth a view today. A secondary low may be in place for the USD index at 7440. Notice how RSI (60 minute) bounced from the 40 level at 7440. This action is indicative of a low in a bull trend. An objective going forward is the 100% extension at 7686 which (surprise) intersects with …
Read more on Daily FX via Yahoo! Finance

Shares fall from high
New Zealand stocks fell from the highest level in almost three years, following Wall Street lower after commodities prices declined.
Read more on Marlborough Express

Small Business Plan Competition to award grants
The Redevelopment Commission of Greenville is holding a Small Business Plan Competition to provide funds to owners of small businesses and entrepreneurs within the west Greenville and Center City redevelopment areas.
Read more on The Daily Reflector

Forex: U.S. Dollar Gives Back, Euro Struggles to Hold Ground As S&P Cuts Credit Rating For Greece
The U.S. dollar lost ground during the overnight trade as currency traders increased their appetite for yields, and the rebound in risk sentiment is likely to drive price action throughout the North American as the economic docket remains fairly light for Monday.
Read more on Daily FX via Yahoo! Finance

Question by lamb2light: Is forex trading signal software reliable?
I’m new to forex trading and want to know if there are any reliable forex trading signal software out there?

Best answer:

Answer by Chiam
Yes, there are a few reliable forex signal software in the market. If used correctly, they can be quite accurate. I got mine from fapturbo.com I found that it’s more reliable with the 4 hr charts and used together with support and resistance lines.

Understanding to win in the currency trading game is no different most new players wanting to make the ranks with the skilled league. When new traders start to trade, they effortlessly get intimidated and overwhelmed. It is no wonder most traders fail inside the initial 3 months. Traders are under the assumption that they have to beat the industry or the other traders in order the win in the currency trading game.