NEW Forex Trading Currency Pairs
New Forex Currency pairs will be available starting June 26th 2008, our affiliates forextradingscout.com will begin offering the following currency pairs for LIVE clients.
1. (USD/HKD) US Dollar/Hong Kong Dollar
2. (USD/SGD) US Dollar/Singapore Dollar
3. (SGD/JPY) Singapore Dollar/Japanese Yen
These new pairs provide traders fresh opportunities to tap into the Asian economies.
Curious about emerging Asian economies? USD/SGD (Singapore Dollar) and USD/HKD (Hong Kong Dollar) open up new ways to speculate on regional growth in Asia. SGD/JPY lets you trade on those opinions directly, without going through the USD first.
· Have opinions about the global trade imbalance? USD/SGD lets you target another Asian economy beyond Japan (USD/JPY), and to speculate on the Asian regional growth theme and the resolution of global trade imbalances.
· Watching the USD closely? The Hong Kong Dollar (HKD) is currently pegged to the USD, although pressure may be growing to peg to China’s RMB. If you have opinions about this peg’s staying power, USD/HKD offers a way to express those in the market.
Watch for more currency pairs in the coming weeks, including the Scandinavian currencies Swedish Krona (SEK), Norwegian Kroner (NOK) and Danish Krone (DKK) against the US Dollar and Euro.
Once again i will keep you posted on more newly released Forex Tading currency pairs coming this week.
Time to go trade!
Chairman Bernanke Speaks at 11:30am EST today
Every time Fed Chairman Bernanke Speaks traders stand in attention. As head of the central bank, which controls short term interest rates, he has more influence over the nation’s currency value than any other person. Traders scrutinize his speeches as they are often used to drop subtle clues regarding future monetary policy and interest rate shifts. Yes, i’ll be watching it too 
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