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Forex Trading Facts
2007-03-27 18:40:00
Forex Trading Facts by Mike AbrahamForex trading, or foreign exchange current exchange trading, is a global phenomenon. This is the single largest market in the world. There are many different market sectors that are involved with Forex trading. These include, but are not limited to; " Banks" Corporations" Governments" IndividualsWhat is Forex trading you ask? At its simplest, Forex trading is currency being traded for another currency. However, Forex trading is anything but simple. The market has massive trade volume and is very fluid. Not to mention the hundreds of different currencies being traded and their ever changing value.Forex trading is a very focused area of trading, but the amount of time and energy most people and companies spend getting trained and educated on Forex trading and its inner workings and pitfalls, is at least as much time as it takes to learn the stock market.Because of the complexity, Forex Trading is not your typical overnight success operation. There ar...
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Tips On How to Start Trading Forex
2007-03-27 18:34:00
Tips On How to Star t Trading Forex By Amy WellsIf you've decided to jump in and check out the Forex, or foreign currency market, there are a number of things you should keep in mind as a beginning trader. Your experience with Forex can be a long and profitable one, and it is essential to be prepared at the onset so you can start leveraging your tools and resources at once, and start building experience.To get started, once you've located a brokerage you would like to work with, you should open up a demo account, so you can start making practice trades. When you are ready to open a real account, its a good idea to also keep your demo account open. You will be able to test alternative trades with your demo account, which gives you the ability to keep learning and testing strategies. You will also be able to see if you are being too liberal or conservative in your real account, by testing out different trade amounts in your demo account and comparing the outcomes.To become more succ...
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Free Forex E Books
2007-03-22 19:23:00
Free Forex E Books by Jonathan Regidor Forex is a popular way of making money by purchasing and selling different currencies. Unlike a stock market, where we have access to the same prices, the forex market has different levels. Currencies are purchased and sold across local and global markets, an investments' value increases or decreases based on currency movements. Market conditions can change at any given time according to real world events. I have been doing some research recently looking for a way of making money without having to be much of an expert. The forex market is an incredible way of profiting and having a full time income easily. The only problem is that its not really that easy unless you can find a good trading system that has many resources available. Thats when I stumbled across a site with a trading system that I truly have confidence in. Its called Forex Aim, and I am extremely happy with the vast information I was able to obtain from their free e-books. One of...
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Trading Smart in the Forex Market
2007-03-22 19:13:00
Trading Smart in the Forex Mark et By Milton Ziegler ZieglerHundreds of thousands of individuals have already joined the FOREX market. If you areinterested in a way to invest your money with quicker returns, FOREX may be perfect for you.But before you can begin earning money, you should thoroughly understand the FOREX market.Investing MethodsTo better understand the FOREX market, you can compare this investing method to tradingstocks. In the stock market, you can buy shares of many different corporations in the hope thatstocks will rise, earning you a profit. Well, the FOREX market works in the same way, exceptyou are not buying shares of a corporation. Rather, you are buying and selling currencies. Theaim is the buy a currency and sell it when the currency rises, thus earning a profit when thecurrency is more valuable.As with the stock market, the FOREX market consists of those who invest a small amount aswell as those with millions to invest. Any individuals with any capital can j...
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Forex Mentors, Gurus, Advisors Should You Buy Advice?
2007-03-20 15:56:00
Forex Mentors, Gurus , Advisors Should You Buy Advice ? by Sacha Tarkovsky There are plenty of people on the Internet keen to sell you advice and be your forex mentor or guru but most of the advice sold is not worth the money.There is a huge industry in selling e-books, courses and systems, yet only a few are any good.Let?s find out how to separate the good from the majority that will simply help you lose. 1. The obvious first question to ask Yet most forex traders don?t bother asking this question yet its critical!If you want to get rid of over 90% of the Forex mentors, gurus and advisors ask this obvious question: How much money has been made following your advice can I see the real time track record please? Most sellers of information like to say how successful they are getting them to prove it!Most will dodge this question or give you a few testimonials (lucky trades or from friends or a hypothetical track record. A hypothetical track record is done in hindsight KNOWING the price...
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Online FOREX Trading 3 Common Errors That Will Make You Lose
2007-03-20 15:51:00
Online FOREX Trading – 3 Common Errors That Will Make You Lose By Sacha TarkovskyOnline FOREX Trading was seen as the way for the little guy to compete with the big professional traders but guess what?The ratio of losers remains them same as it was before the rise of online FOREX trading.How can this be so surely they should do better? The answer is no because traders make these common errors.1. Blinded by technologyThis happens to many novice traders they see the vast amount of news and indicators at their disposal and think they have technology on their side and will win.Most over complicate their trading and lose.Simplicity is the key to trading and this was so before the rise of online trading and is still true today.There is no correlation between how complicated a system is and how much money it makes.In fact, simple systems are best as they more robust in the face of brutal market conditions.2. Day trading and over tradingThe rise of online forex trading has seen the b...
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Forex Future Trading
2007-03-16 19:45:00
Forex Future Trading by Rajamuma The profits of forex over currency futures trading are significant. The difference between the two instruments range from truth-seeking realities such as the history of each, their objective viewers, and their importance in the modern forex markets, to more concrete issues such as transactions fees, margin necessities, access to liquidity, easiness of use and the technical and educational support obtainable by sources of each service. These dissimilarities sketched below:More Volume = Improved Liquidity. Daily money futures volume on the CME is now above 2% of the volume seen each day in the forex markets. Incomparable liquidity is one of many advantages that forex markets clutch more currency futures. The truth told this is old news. Any currency professional can tell you that cash has been king since daybreak of the modern currency markets in the early 1970's. The actual news is that individual dealers from every forex risk profile now have full r...
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Forex Trading: Calculating Profit and Loss in Foreign Currency Trading
2007-03-16 19:14:00
Forex Trading : Calculating Profit and Loss in Foreign Currency Trading by Gregory DeVictorThe foreign exchange market, or Forex market, is an around-the-clock cash market where the currencies of nations are bought and sold. Forex trading is always done in currency pairs. For example, you buy Euros, paying with U.S. Dollars, or you sell Canadian Dollars for Japanese Yen. The value of your Forex investment increases or decreases because of changes in the currency exchange rate or Forex rate. These changes can occur at any time, and often result from economic and political events. Using a hypothetical Forex investment, this article shows you how to calculate profit and loss in Forex trading.To understand how the exchange rate can affect the value of your Forex investment, you need to learn how to read a Forex quote. Forex quotes are always expressed in pairs. In the following example, your pair of currencies are the U.S. Dollar (USD) and the Canadian Dollar (CAD). The Forex quote, USD/...
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W D Gann - Made Millions Trading - How Did He Do It?
2007-03-15 16:47:00
W D Gann - Made Millions Trading - How Did He Do It? by Sacha TarkovskyGann is perhaps one of the most famous traders of all time and although he has been dead for half a century savvy traders all around the world still use his methods for big profits.So how did he make big profits and what can we learn from him? Lets find out.Universal LawGann believed that everything was governed by universal law including:Human nature that governed market movement.As human nature was constant and never changed by looking at past price charts patterns could be detected and acted upon.Gann set about devising a method that was revolutionary at the time and included a number of different inputs from Fibonacci numbers to Gann angles.Gann believed that price and time were the keys to market movement and that time was the ultimate indicator - as all of the universe is governed by time.Was he right?The answer is no but he did make a lot of money! Lets look at this in more detail.If you think about it ? I...
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Choose Your Online Forex Broker
2007-03-15 16:40:00
Choose Your Online Forex Broker By Tamil SelviOnline Forex brokers are known to be a required evil if you are going to trade in currency. There are also those people who are eligible to trade without outside assistance, but for the normal trader, enforcing to trade on the Online Forex market with no broker is like trying to chase a grizzly bear with a soup spoon. Your chances of achievement are actually very low, and there is a distinct option you would get hurt quite badly. Of course choosing the incorrect forex broker might return results same as to the sick fated bear hunt. That is why it is significant that you select a broker in the right way.First thing to be considered is to be sure that the broker you choose has the proper qualifications. When you look at the brokerage firms in the United States, immediately exclude those that are not registered as a Futures Commission Merchant (FCM) with the Commodity Futures Trading Commission (CFTC). This is again important as this designa...
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Foreign Exchange Swaps - Calculating Interest On Forex Trades
2007-03-14 15:07:00
Foreign Exchange Swaps - Calc ulating Interest On Forex Trade sBy Donald SaundersOne of the beauties of Forex trading lies in the ability to trade using leverage, which is often as high as 1,000 times your capital. In other words, you can effectively borrow up to 1,000 times your capital in order to trade. But borrowing money to trade is no different to borrowing money for any other purpose and you will be charged interest.However, because every transaction involves both buying and selling currency, interest payments payable on money borrowed to fund a transaction can be offset by interest earned on the currency held. If this seems a little confusing we'll look at an example in a moment, but first it is worth just taking a moment to examine the subject of interest rates in general to see the wider picture as it affects the Forex market.Interest rates are established by central banks and are used to regulate a currency in order to meet a country's monetary policy. Interest rates dire...
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Analyzing Movements In The Forex Market
2007-03-14 14:57:00
Analyzing Move ments In The Fore x Mark et By Donald SaundersMovements in the Forex market are based upon the simple law of supply and demand. When there is a demand for a particular currency its price will rise and when there is an excessive supply of a currency its price will fall. Despite this seemingly simple principle, predicting movements in foreign exchange prices is not at all easy.Today there are two main methods used to predict movements in the Forex market - fundamental analysis, which dominated the Forex market until the mid 1980s, and technical analysis, which has become increasingly popular in recent years with the arrival of new technology providing the necessary analytical tools.Fundamental AnalysisTraders who base their predictions on fundamental analysis focus their attention on the economic, political and social factors which drive supply and demand. Their analysis is based upon such things as interest rates, inflation, unemployment and economic growth rates and from ...

Forex Trading - Diversify For Lower Risk And Greater Reward
2007-03-14 14:40:00
FOREX Trading - Diversify For Lower Risk and Greater Reward by Sacha TarkovskyMost forex traders like to trade the majors only but in my view you can get some great opportunities in some of the minor currencies. You can diversify and get more profit opportuntiesLets look at two that can add some diversification and have some great trends you can take advantage of. Two good currencies to trade alongside the majors are the Canadian and Australian Dollar. While not as liquid as the majors, they offer some great trading opportunities for traders with a longer-term outlook. Lets look at opportunities in these currencies. We will use the free chart service futuresource.com and look at the IMM futures contract, although same logic of course applies to the cash. The Australian Dollar If you look at the chart you will see that this currency has been trading in a range since December.The same system we have used to range trade the majors works here as well. You can simply use stochastic cross...
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Forex Currency Forecasting - The First Step To Success
2007-03-11 12:53:00
Forex Currency Forecasting - The First Step to Success by Paul BryanForex currency trading has turned out to be one of the most talked about online trading options. If you read the views of people about Forex currency trading, you would find that some claim it to be some incredible way of becoming rich overnight while others believe it to be a form of gambling. But the fact is that it is like any other trading and as such works on some fundamental principles. And knowledge to these fundamental principles is essential for Forex currency trading. FX for Forex is the abbreviated form of foreign exchange. And if you don?t find it mentioned in the media, well I also don?t know the reason because Forex currency trading is the biggest trading market in the world and is one of the best places for investors to earn good money. Forex trading could be understood as the sale and purchase of currencies of different countries. When you deal in stocks or commodities, you use money to purchase stoc...
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Tips in Forex Stock
2007-03-11 12:46:00
Tips in Fore x Stock By Martin LukacIn ending, Forex trading is a mounting business. Those of you intending to join Forex in hopes to gain, be, sure to scan open information. Having a full understanding of Forex trading can spare you clamor and aid you in buy and soft soap in Forex?Forex rigged market works in comparison to other stock exchange markets, i.e. you must have revolving credit, which once you open an account you can start buying pairs or selling pairs in the stock market. Learn about the pairs, since it is important that you know when to buy and sell. You want to learn about bid/ask, as well as pips and spreads in Forex.If you intend to bank in on Forex, take time to find Forex charts so that you can monitor the market. Forex cabal options often rely on EUR, USD, GBP, JPY, and other pairs of currencies. Right now, the larger currency pairs is the EUR/USD. The US dollar is currently weak, which means that Europe dollar has a greater value. To underpinning your buy on curren...
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Global Forex Traders Come In All Shapes And Sizes
2007-03-10 20:33:00
Despite the fact that there is no centralized market for foreign exchange trading and that Forex trading involves a variety of market makers rather than just a few specialists, there in nonetheless a structure and a hierarchy to the market.At the top of the market is the interbank market which sees the highest volume of trading and principally trades in the currencies of the G8 nations, which together represent some 65 percent of the world economy. Here the major banks trade with each other on lines of credit which are established between individual banks and the rates at which trading takes place are clearly visible to all of the participants. Trading is conducted through interbank brokers, electronic brokerage systems or Reuters.Below this 'top level' market other participants, such as smaller banks and corporations, must trade through commercial banks. Unlike the interbank market however here there are rarely established lines of credit and this means that traders below the int...
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Providing Forex Trading Education
2007-03-10 20:31:00
Several Americans and many other various nationalities are very curious and want to find out how to get proper Forex trading education. The wealth that can be achieved by trading on the Forex market can be very substantial as it is the largest trading market around the world. It rough daily turnover is 2 trillion dollars. Anyone who is seeking Forex trading training has the chance of getting a slice of that wealth. Aside from the huge possibilities for its traders, the Forex market provides a huge list of benefits one of which is 24 hour financial transactions, its the most liquidated market in the world and provides real time efficient trading executions.Before you decide to dive into trading you need to get a Forex trading education. Just like several other investments, you should never just dive into trading on the foreign exchange market without know what your getting yourself into. With the correct foreign trading education, you will be on the correct track to learn how to make...
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Forex Is Like A Casino ? Playing Too Much Can Be Painful!
2007-03-10 19:47:00
Between 5 p.m. EST Sunday and 4 p.m. EST Friday, there are millions of Forex traders around the world trying to make a profit by predicting the future movement of currency exchange rates. With nearly 1.8 trillion dollars changing hands each and every day, the Forex is the largest and most fluid market in the world. Traded 24-hours a day and with investors having instant access to price changes via an Internet station, it is literally possible to watch one?s fortunes ebb and flow?one pip at a time!A pip is equal to the smallest price increment that any currency can make. For the U.S. dollar and most major currencies, that amounts to 0.0001 (0.01 for the Japanese Yen). While it seems near impossible to make any money when dealing with such small numbers, the standard transaction unit on the Forex is $100,000 and is called a lot. Thus, the movement of just a few pips in either direction can turn into big profits or big losses?real fast!In truth, playing the Forex is much safer than hea...
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Jumping Into Forex? ? Jumping Off A Cliff!
2007-03-10 19:41:00
It is very, very simple: the Fore x market can help make all your dreams come true or it can become a total nightmare and bleed you dry. As with anything in life, it helps to have a strategy in place to help guide present and future decisions. For Forex investors, there are a lot of options from which to choose, including:? Scalping? Swing? Position? Discretionary? AutomatedAll of the investment strategies listed above have been proven effective in various ways and no doubt have a track record to back up their effectiveness. Still, Forex investing and the specific strategy used will boil down to the investor and their particular style: Hunter or Gatherer.A hunter is very careful about every investment they make and do not like surprises. This style of Forex investing tends to favor technical analysis. Technical Forex traders sift through pricing charts and back test currency pairs to determine the pair with the greatest pip movement and the least volatility. A hunter does not necessa...
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What Is Forex Technical Trading?
2007-03-10 19:35:00
Just as you would expect with anyone trading in equities, investors in the Fore x market employ strategies to help them invest more successfully. All of these strategies ultimately boil down to one thing: trying to predict which way the currency exchange rates will fluctuate. Predict correctly, up or down, and make a profit while we all know what happens when we are incorrect. When deciding whether or not to enter or exit a position in the Forex market, there are two basic types of analysis from which to choose: fundamental or technical. Investors who base decisions on fundamental analysis will look at interest rates and the overall economic performance of the nations in the currency pair when deciding when to sell and buy positions. Technic al Forex investors will look to trade based on price performance and chart patterns?so which is best?Use of fundamental analysis such as the latest GDP figures may seem like a very logical approach when deciding when to buy or sell a position in t...
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Forex - Comparing Futures and FOREX Trading
2006-12-02 15:41:05
How did the whole futures market begin? It all started with agricultural produce in the last century. Farmers began to contract with buyers to sell their produce at a future date and there was a kind of stabilization of demand and supply through the year. This is why it was called 'futures'. Today, however, the term encompasses a lot more than that. Today, futures refer to all kinds of commodities. This could range from agricultural goods to manufactured products to bonds and currencies. All a futures contract does is to say what will be paid for a product at a particular future date. What is even more complex is that a futures contract can be traded too! Once speculation began using futures contracts, it went beyond the demand and supply of actual goods. What the market is playing with is the value of the goods and what it is worth from day to day.Here's how it works. A buying price is fixed, so is a selling price as well as a particular quantity. The buyer takes what is called ...
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Daily Forex Forecast
2006-12-02 15:41:05
FXDREAM EUR/USDDate: Wed, 4 October 2006 13:10:05Resistance levels: 1.2718/1.2760/1.2800Support levels: 1.2680/1.2653/1.2630EUR/USD has dropped sharply below 1.2680 Support earlier today after weak EU PMI Services Index. Price has fallen back in negative territory and retest of 1.2630 bottom is not ruled out in the next trading sessions. In longer term 1.2570 target becomes intact. Now markets are waiting for the important US ISM Non-Manifacturing Index at 14:00 GMT ahead of Bernanke Speech later today at 16:45. Numbers beyond 55 may be bullish for the US Dollar sending price lower towards 1.2653 and 1.2630 bottom later today. On the upside, ISM Index below 50 may turn price back towards 1.2718 first Resistance at least later today.Strategy-neutral.FXDREAM GBP/USDDate: Wed, 4 October 2006 13:10:04Resistance levels: 1.8850/1.8900/1.8918 Support levels: 1.8770/1.8720/1.8630GBP/USD has fallen sharply to 1.8777 low earlier today following EUR weakness. UK PMI Services Index came weaker ...
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Forex - EUR/USD - INSTITUTIONAL FX WEEKLY REPORT
2006-12-02 15:41:05
First Pacific Securities P/LEUR/USD - Technical Analysis Report w/e Sep 29thd 2006Go to www.instfx.com to download a full pdf of the current Institutional FX.Trend1st TF (i.e. Bar to bar) ? up. 2nd TF (i.e Highs and lows of swings) ? up.3rd TF (i.e. Peaks and troughs of 2nd TF) ? down.Inside period raises doubt about viability of current down swing.Trend LinesThe major down TL was breached a few months ago. This served as a warning that the 3rd TF down trend was in danger and shows how much momentum the down trend lost over the last few months.Steeper down TLs and TCs (Trend Channels) were drawn some months ago indicating that the trend began to accelerate to the downside. The two TCs gave us some potential downside targets. Significantly, the steepest TL was breached some time ago. This served as a warning that the down trend was beginning to decelerate and that the down trend may be in danger.A new down TL was drawn a few months ago in the 2nd time frame. A trend channel was also ...
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Forex - Dollar Posts Biggest Quarterly Advance Versus Yen in
2006-12-02 15:41:05
By Min ZengSept. 30 (Bloomberg) -- The dollar rose the most against the yen this quarter since the final three months of 2005 as sustained U.S. economic growth diminished speculation the Federal Reserve will cut borrowing costs before year-end.The U.S. currency also posted its biggest monthly advance since February versus the euro. Reports this week showed the Fed's preferred inflation measure rose last month, consumer confidence climbed, and new home sales unexpectedly increased. The Fed kept its benchmark at 5.25 percent this month and said the economic outlook will dictate the path of interest rates.``It is premature to call for a rate cut by the end of this year,'' said Michael Woolfolk, a senior currency strategist in New York at the Bank of New York. ``We will have to see a very significant drop-off in economic activity for that to happen. The dollar still has support here.''The dollar rose 3.3 percent this quarter to 118.18 yen. The U.S. currency increased about 0.9 perc...
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China to step up forex supervision
2006-12-02 15:41:05
China's foreign exchange regulator says it will step up its supervision of trade-related foreign exchange dealings. The new rules are expected to control speculative capital inflows betting on a stronger yuan.The State Administration of Foreign Exchange said on its website that from November 1st, it will classify enterprises into different categories, according to their track record in foreign exchange transactions.Companies, whose discrepancy between actual export earnings and contracted sales is more than 10 percent, will be classified as needing tighter supervision. While companies having violated currency regulations, or been involved in financial fraud in recent years, will also be included in the category.But companies that have abided by foreign exchange rules will be treated leniently.In addition, SAFE said it will set a higher threshold for repatriating foreign exchange to keep speculators from profiting from appreciation of the yuan. Companies will have to provide more do...
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Deposit growth remains tardy; forex grows by $940 million
2006-12-02 15:41:05
MUMBAI, SEPT 29: While the deposits continued its tardy growth, the country?s forex reserves showed an increase by $940 million for the week ended September 22, said the weekly statistical supplement by Reserve bank of India (RBI) on Friday. The forex reserve was pegged at $166.482 billion as compared to previous week?s $165.542 billion.A break-up of the reserves showed that the rise in the forex reserves was mainly due to the increase in foreign currency assets.The foreign currency assets increased by $936 million to $ 159.175 billion during the reporting week.The country?s reserve tranche position or the reserves held with the International Monetary Fund (IMF) inched up by $4 million to end at $768 million.Meanwhile the gold deposits and special drawing rights for the week remained static at $6.538 billion and $1 million respectively. For the fortnight ended September 15, the aggregate deposits grew by meager Rs 1,355 crore to Rs 22,53,056 crore recording a flat growth of 0.1%. T...
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Daily Forex Forecast
2006-12-02 15:41:05
FXDREAM EUR/USDDate: Fri, 29 September 2006 13:10:05Resistance levels: 1.2735/1.2780/1.2830Support levels: 1.2660/1.2630/1.2600EUR/USD has dropped further down to 1.2658 after EU Data Release earlier today. Now markets are waiting for number of important data from USA-Core CPE, Personal Spending and Income numbers at 12:30 GMT and Chicago PMI few minutes later at 14:00 GMT. Core CPE has deviated unsignifficant in the previous months, so today focus will be on Personal Spending data. The bias remains bearish as long as price is below 1.2760 for test of 1.2630 crucial Support. On the upside, first Resistance comes in the 1.2730-35 area. Look to sell upsticks for test of and 1.2630 later today and 1.2570 next week.Strategy-neutral.FXDREAM GBP/USDDate: Fri, 29 September 2006 13:10:04Resistance levels: 1.8740/1.8790/1.8850Support levels: 1.8665/1.8600GBP/USD has fallen further down to 1.8665 Support as it was suggested in our previous report ahead of US Data Release at 12:30 GMT. The sen...
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Forex traders arrested in boiler-room scheme
2006-12-02 15:41:05
Federal prosecutors accused 11 men who worked at a Lower Manhattan foreign exchange firm of allegedly running a "boiler-room" scheme that cheated some 200 investors out of more than $6.5 million. Seven of the men were arrested on Friday, according to the U.S. Attorney for the Southern District of New York. An eighth man was snagged in Croatia and the U.S. is seeking his extradition. The 11 men, who worked at Holston, Young, Parker & Associates in Lower Manhattan, were accused of operating a classic "boiler room," in which brokers used high-pressure sales tactics to induce potential clients to invest in the forex market. According to an unsealed indictment, Boris Shuster, Alexander Dzedets, Victor Altman, Vincent Armato, Igor Komet, Adam Lichtenbaum, David Lozovsky, Larry Shuster, Edward Sharov, Boris Tager and Peter Torrales conspired to lure investors by making false claims about Holston's trading practices and profits. Instead, during the summer and fall of 2002, the defendants f...
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Forex
2006-12-02 15:41:05
Forex Blog mrome
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Forex - Daily Forex Forecast
2006-11-05 21:36:06
FXDREAM EUR/USDDate: Fri, 27 October 2006 13:10:05Resistance levels: 1.2715/1.2760/1.2830Support levels: 1.2660/1.2625/1.2580 EUR/USD has eased down to 1.2660 first Support earlier today as it was suggested in our previous report. Markets are focused on US GDP Annualized at 12:30 GMT later today. The consesus is for number in the 2%-2.2% growth. With number below 2% we may see EUR/USD soaring for test of 1.2760 later today, giving scope for test of 1.2830 previous top next week. On the other side, better than expected GDP Number may turn price back to 1.2625 at least later today. Look to buy on a break beyond 1.2700 after the event for test of 1.2760 later today and 1.2830 in longer term Strategy-neutral. FXDREAM GBP/USDDate: Fri, 27 October 2006 13:10:04Resistance levels: 1.8930/1.8960/1.9000Support levels: 1.8860/1.8800/1.8740 GBP/USD has risen after positive data from UK earlier today to 1.8924 level.. The bias remains positive for test of 1.8960 and 1.9000 later today on soft U...
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