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Forex Wizard - The World's Most Exciting Way To Trade!

Forex wizard offers Forex pips strategy and Forex Trading (or foreign currency trading) in a fast-pace and its an exciting way to profit from moves in the world financial markets.

Smart investors can predict and then take advantage of fluctuations in the value of one currency as it relates to another. With a highly-leveraged account, a trader can start with as little as $300, and control tens of thousands of dollars worth of foreign currency. Even a change in the value of a currency of only half a cent can create profits that total in the thousands of dollars!

Getting started in the world of Forex investing is easy! All you need to do is find a reputable broker and open an account. Then, simply fund the account, learn the basics of trading, and you're on your way.

Of course, you can't expect to make money without a lot of practice. Before you even think about investing your own money, it is essential that you use your broker's demo function to get used to the trading platform, and test out your strategies.

Without years of experience, and loads of data at your fingertips, you can't really expect to create a successful trading strategy on your own. Fortunately, there are several investors who have discovered successful strategies, and they are willing to share them or sell them for a reasonable price.

Forex Forums like Forex Factory and MoneyTec are great resources for beginners.

Books like Simple Forex and Bird Watching In Lion Country layout specific strategies that have proven to be successful and can be traded by anyone willing to employ these strategies.

DailyForex Fundamental & News

USD Rally Ends as Fed Takes Dovish Bias

The U.S. Dollar’s recent rally came to a halt despite unexpectedly upbeat GDP data after the Federal Reserve Bank signaled a dovish bias in its policy statement.

As GDP Data Looms, Dollar Bulls Push Greenback Higher

Dollar bulls helped to push the U.S. Dollar higher and close to a 6-month peak versus a weighted basket of its peers with FX traders saying that repatriation of funds by U.S. corporations as the month draws to a close may have helped to push the greenback higher in the absence of any key economic data.

Dollar Flat as Investors Await Key Data Points

The U.S. Dollar Index, used by investors to gauge the relative value of the greenback to its major peers, remained within striking distance of a 6-month high as investors await the Federal Reserve’s policy review which is due out on Wednesday.

Euro Slump Continues in Asian Trade

In Asian trading, the U.S. Dollar Index held close to a 6-month peak while the greenback managed to hold onto last week’s gains against the Euro.

Labor Data Lifts Dollar

Unexpectedly strong labor data from the U.S. helped to keep the U.S. Dollar supported versus the Japanese Yen.
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