There are going to be two factors to watch out for when it comes to the USD/CAD in the next couple of weeks.  It’s likely that it will be a tug of war between oil prices and the European financial crisis, more specifically Greece.  A classic battle of bulls and bears.

The price of oil is inching upward on positive economic data showing signs of a slow but sustained recovery.  This is compounded by the fact that Asia will continue to consumer more and more oil as it ramps up production in anticipation of a global recovery.

This rise … Read more at Forex Trading System Central

Forex or foreign exchange trading is where currencies are converted and traded in a global market. It is the world’s largest financial market where about half a trillion dollar worth of currency is traded everyday. Forex trading allows transactions between different countries. It also gives an opportunity for average individuals to earn extra. But since forex trading is an investment, there is a risk of losing your investment with bad trades. Before venturing into the forex trading world, therefore, you should prepare yourself with the technical abilities and the discipline to be able to make the right calls at the … Read more at Forex Trading System Central