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This morning online Forex traders at AVAFX saw the US dollar strengthened by low unemployment figures, as the Greenback made gains against most of its major counterparts. On the day the US unemployment numbers reached a five-year low, the dollar saw bullish movement before a poor US manufacturing indicator restricted further growth for the dollar.

The GBP/USD currency pair dropped 75 pips during the London trading session, reaching a low of 1.5954 before recovering to 1.5980. The dollar also made headway against the Swiss franc, with the USD/CHF currency pair climbing by over 50 pips during the London trading session. However, later today the US Preliminary UoM Consumer Sentiment figures are released, which, if lower than expected, could well undo all of the dollar’s progress in an afternoon. Keep one eye on the economic news bulletins for those figures, as you will need to make those trades quickly if you’re to try and beat the field to the best prices.

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Right now, the USA is counting the votes for the 2012 United States Presidential Election, which is being battled out by President Obama and Republican Mitt Romney but this massive event hasn’t slowed trading of the US dollar down at the world’s various Forex markets or harmed the greenback’s value. In fact, online Forex traders at AVAFX actually just saw the US dollar climbing as the votes are counted in the election, and with plenty of trading activity taking place too, as news that Romney may be ahead made it to the headlines and encouraged the buying of dollars.

At the time of writing this article, Bloomberg were scoring Romney ahead of Obama 21-3, which many analysts and traders believe will destabilise the dollar to a degree, possibly seeing it fall against many of its counterparts such as the Australian dollar, the British pound and the euro. However, if Obama retains office, it is widely speculated that the dollar will be boosted thanks to the belief that the President will continue with his support of bonds and track record of keeping interest rates low.

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If you use automated Forex trading software to deliver the best return on your investments, then one of the internet’s leading brokers has a fantastic new facility that may interest you. The new Mirror Trader Forex trading platform from AVAFX is a powerful tool that allows you three control options; Auto, Semi and Manual, which is versatile and easy to use.

By using automated trading at AVAFX, you will benefit from the expertise of hundreds of Forex trading strategists, as well as having total convenience, thanks to the ‘automated’ part of this great trading method. Mirror Trader from AVAFX can be used to offer fully automated trading, opening and closing positions while you’re away from your computer, even when you’re logged out and your machine is off!

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AvaFX

As it’s the start of the football season today, we thought it appropriate to bring you some great news from one of the internet’s premier online trading sites. Now you can buy shares in Man Utd at AVAFX, as well as being able to buy and sell shares in many other leading companies such as Google, McDonalds, Apple and Coca Cola.

If you already have an AVAFX Forex trading account, you will be able to trade shares immediately, with no need for a separate account and, what’s best of all, you don’t need a king’s ransom to start trading either. You can start buying and selling shares in global companies with as little as $100! Thanks to leverage, you can trade shares with a relatively small bankroll.

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Today, weak German figures have devalued the euro, with the single European currency falling as low as $1.2040 against the US dollar during Tuesday’s New York Trading session. France, the EU’s third biggest economy behind Great Britain, also harmed the euro’s strength as news that their factory activity fell at an alarming rate, its fastest drop since early 2009, leading to Forex traders at AVA FX and other sites selling the euro.

By the close of Tuesday’s New York trading session the euro had recovered to $1.2062, climbing from its $1.2040 trough. Many online Forex traders at AVA FX, along with traders and analysts across the globe, believe that the euro is likely to drop below the $1.20 level against the greenback. However, with the scheduled Federal Reserve meeting next week, when US fiscal policy makers discuss the idea of even more economic stimulation which could in turn harm the progress of the US dollar, even against the ailing euro, traders have aired on the side of caution for now.

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To mark the hectic exchanges both on the football pitches in Poland and Ukraine, and on the trading floors around the world over the past few weeks, one of the internet’s leading online Forex brokers is offering a special bonus. The Euro 2012 Forex trading bonus from AVAFX is a first deposit bonus of between $200 and $3,000 that you receive when you open a new AVAFX account and then make a deposit of at least $300.

There has never been a better time to trade Forex and commodities online, with big market swings creating some hugely profitable positions. During last week’s Forex trading sessions the EUR/USD currency pair fell below the 1.23 mark for first time in 2 years, while the price of oil plummeted from over $106 a barrel at the beginning of May down to $81.2 a barrel a few weeks. And, with the ever-turbulent economies in Europe causing shifts in the markets, there will be plenty more trading opportunities in the not-too-distant future.

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AvaFX

If you’re new to the world of online Forex trading at websites such as AVAFX, or if you don’t have a huge amount of experience of the world’s currency markets, you may never have heard of technical and fundamental analysis before. Well, to put it simply, technical and fundamental analyses of Forex trading provide the information that you need to identify trends and make profitable trades.

Fundamental analysis is vital to Forex traders, as it is based upon actual events that happen, real news stories that will have an effect on certain currency pairs. And the best thing about these fundamentals is that the news is often readily available to Forex traders both old and new. The fundamental factors and events that are analysed are often events such as interest rate changes, housing and employment data and other key reports and releases, all of which you will hear on the various news agencies.

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If you’re a rookie Forex trader still finding your way in the big wide world of currency markets or, if you simply don’t have the hours that are required to thoroughly study currency pairs enough to buy or sell at the right time, then Mirror Trader from AVAFX may be just what you’ve been looking for.

Using real-time signals and the knowledge and experience of leading Forex traders, you can mirror other people’s trading strategies automatically. Mirroring a Forex strategy allows you to share in the good (and bad) fortunes of strategists at AVAFX, copying their techniques in a bid to make a profit. You will find Forex strategies to suit all kinds of traders. Whether you’re a cautious Forex trader who is looking for a relatively sure thing or you’re a maverick who’s looking to make some big gains, you will find a strategy to copy using the Mirror Trader from AVAFX.

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Leading online Forex broker AVAFX is currently offering great trading promotions for new customers. For a limited time only, there are new trading account offers from AVAFX that award free cash bonuses of up to $1,200 when you first fund your online Forex account. And you don’t have to deposit millions to benefit. New Forex traders who deposit $100 or more can take advantage of this great trading offer.

The amount of Forex bonus that you receive from AVAFX depends on the size of your initial investment. There are four account types, which each have their own bonus amounts and their own depositing criteria.

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One of the internet’s leading online Forex brokers has introduced a new way to withdraw money from your trading account. The new Debit MasterCard from AVAFX is a convenient way to cash out your trading profits while keeping your cash safe and secure.

The new Debit MasterCard from AVAFX allows you to stay in control of your money and can be used all over the world. You can use your Debit MasterCard anywhere in the world where you see the MasterCard logo. You can use it to buy goods and services online, to pay your bill in the restaurant, to purchase tickets for sports events and pop concerts or you can even use your AVAFX Debit MasterCard to reinvest money into your Forex trading account.

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