Showing posts with label forex. Show all posts
Showing posts with label forex. Show all posts

Thursday, August 27, 2020

OANDA is not a good choice

 if you plan to withdraw. I don't see money  for 17 days after (they say) payment.  I four (!) times asked to provide the prove of the transfer. And at last OANDA sent this piece of s*:


Do they hire people with mental disabilities?

Sunday, June 19, 2011

mail from forex.com to (all [US] or some?) it's clients ...
We wanted to make you aware of some upcoming changes to FOREX.com’s product offering. As a result of the Dodd-Frank Act enacted by US Congress, a new regulation prohibiting US residents from trading over the counter precious metals, including gold and silver, will go into effect on Friday, July 15, 2011.
In conjunction with this new regulation, FOREX.com must discontinue metals trading for US residents on Friday, July 15, 2011 at the close of trading at 5pm ET. As a result, all open metals positions must be closed by July 15, 2011 at 5pm ET.
We encourage you to wind down your trading activity in these products over the next month in anticipation of the new rule, as any open XAU or XAG positions that remain open prior to July 15, 2011 at approximately 5:00 pm ET will be automatically liquidated.
We sincerely regret any inconvenience complying with the new U.S. regulation may cause you. Should you have any questions, please feel free to contact our customer service team.

Tuesday, January 12, 2010

NZD/USD

dips on comments from official at China's CIC reported by Reuters that USD has hit bottom while JPY will continue to decline, says Stonebridge Group forex dealer Ricardo Garrido. NZD/USD moved down (along with AUD, EUR, gold) to around 0.7380 after Peng Junming, official at China Investment Corp, country's US$300 billion sovereign wealth fund, said in his personal view USD would start to rise when both China, U.S., lift interest rates in second half of 2010. Garrido still reckons NZD in 0.7300-0.7410 range, though "medium-term, the Kiwi can still break a short-term high, close to the 0.7500 level."

Thursday, July 3, 2008

Is the ECB chasing its own tail?

Should they shock oil speculators by leaving
rates unchanged tomorrow?
Over the last week a few analysts have argued that the European Central Bank
is chasing its own tail. The argument goes like this: The ECB hikes interest
rates to fight inflation, a higher interest rate in Europe pushes EUR/USD
higher, a rising EUR/USD pushes oil prices higher, record oil prices increase
inflation pressures, and we're back at square one. These analysts argue that
the ECB is actually fueling inflation by raising interest rates

Tuesday, June 10, 2008

Lukoil opened America.

06.09.2008 Lukoil shipped first 70,000 mt of crude oil from its new Barents Sea Varandey terminal to canadian port Come By Chance. Link


Thursday, May 29, 2008

What drives oil prices up if market is well supplied?

DUBAI (Zawya Dow Jones)--The United Arab Emirates, the fourth-largest oil producer in the Organization of Petroleum Exporting Countries, will be ready to pump more crude if demand increases, an official said Thursday.

"The U.A.E. is ready to supply the market with more oil if needed," Ali Obaid Al Yabhouni, the emirates' OPEC governor told reporters in Dubai. "But our markets are satisfied and they have not asked for more."

On the New York Mercantile Exchange, light, sweet crude futures for delivery in July traded at $130.37 a barrel at 0645 GMT, losing 66 cents in the Globex electronic session.

OPEC nations are coming under relentless pressure from consumers in Europe and the U.S. where there is rising concern that high fuel costs may lead to a steep economic downturn.

Al Yabhouni added "these current prices are moving too fast, too high." The U.A.E. pumps about 2.6 million barrels a day of crude and ranks behind Saudi Arabia, Iran and Venezuela in OPEC's output hierarchy.

The International Energy Agency predicts world oil demand will increase by 1 million barrels a day to 86.8 million barrels a day this year as oil use grows in emerging economies such as China.

In the U.S., the world's largest oil consumer, demand has been wilting amid record high prices and a faltering economy. The Energy Information Administration on Wednesday reported U.S. oil demand fell by 4.3%, or nearly 900,000 barrels a day, in the first quarter, to 19.9 million barrels a day. That's the lowest level of consumption for any quarter since mid-2003.

Hasan Qabazard, head of research at OPEC, which pumps about 40% of the world's oil, said Thursday that oil stocks had gained in the second-quarter.

Qabazard, who advises OPEC's 13 ministerial delegations, told reporters in Dubai that he expects stocks to build "even higher" this year dampening expectations that the cartel may cave into political pressure and hold an impromptu emergency meeting ahead of its next scheduled gathering in September.

One exporter less ...

May 28 (Bloomberg) -- Indonesia, the only OPEC member in Southeast Asia, will pull out of the organization as its oil imports exceed exports