Forex Trading Platforms

Forex - Major currencies steady ahead of US rate decision; Pound ...

LONDON (AFX) - Major currencies remained steady, staying stuck within tight ranges as investors stayed on the sidelines ahead of this evening's interest rate decision by the US Federal Reserve Open Market Committee. Interest rates are expected to rise by a quarter point to 5.25 pct, though some feel there is a risk of a 50 point hike. Attention, however, will focus on the Fed's accompanying statement for clues on whether any further increases can be expected. 'The Fed will need to tread a very careful path to reassure markets over its inflation-fighting credentials while maintaining sufficient flexibility to take account of changing economic conditions,' analysts at Investica said. The dollar earlier saw some very modest gains after data this afternoon showed US first quarter GDP was revised up to an annualised 5.6 pct from the previous estimate of 5.3 pct, but these were limited given the focus on today's FOMC meeting.

LinkShare Corporation Announces 2006 Golden Link Award Winners

NEW YORK, June 21 /PRNewswire/ -- Reflecting stiff competition among some of the most innovative, fastest growing and successful sites on the web, The 2006 LinkShare Golden Link Awards winners were announced last night in a gala ceremony in New York City hosted by performance-based marketing leader LinkShare Corporation.

The prelude to LinkShare's annual Symposium, a daylong industry event covering developments in web marketing, the Golden Link Awards celebrate the best of breed in both affiliates and merchants doing business on the web.

"We congratulate all of the 2006 LinkShare Golden Link Award winners, as well as this year's nominees. Each represents the very best in performance- based marketing, and we're proud to have them all as a part of the LinkShare network," says Stephen R.

EBS Dealing Resources Extends EDS Relationship; EDS Will Continue ...

PLANO, Texas, June 7 /PRNewswire-FirstCall/ -- EDS today announced it is extending its nearly decade-long relationship with EBS Dealing Resources, the world's leading provider of trading and market data solutions to the professional FX and precious metals communities. Financial details of the agreement were not disclosed.

EDS (http://www.eds.com/ ) will continue to enable EBS' (http://www.ebs.com/ ) global growth with a range of IT services including management of the company's global network operations, field services and telecommunications.

"By the nature of our business, we need to ensure that our clients have the most accurate trading information and market data in real time," said Bill Moran, Chief Operating Officer of EBS. "Key is our ability to improve trading response time across a globally distributed network as we respond to an increasingly more competitive marketplace.

(AFX UK Focus) 2006-07-06 13:55 GMT: German shares higher midafternoon as ECB leaves leading interest rates unchanged

FRANKFURT (AFX) - Shares were higher in midafternoon trade, boosted by the European Central Bank's decision to leave leading interest rates unchanged and by US futures indicating a positive opening to morning trade on Wall Street, dealers said.

At 2.25 pm, the DAX 30 index was 47.68 points or 0.85 pct higher at 5,673.31, having moved between 5,635.27 and 5,683.66 so far this session.

The MDAX was up 47.81 points or 0.61 pct at 7,866.17, while the TecDAX rose 4.54 points or 0.69 pct at 658.33.

The DAX futures contract was at 5,710.0, up 52.0 points or 0.92 pct, while bund futures were at 114.87, up 0.10.

The euro last traded at 1.2738 usd, against 1.2728 in midday London trade.

Deutsche Boerse led large-caps higher as it gained 2.98 eur or 2.80 pct to 109.54, as an article in Sueddeutsche Zeitung reported that the exchange was interested in creating an alliance with the Chicago Mercantile Exchange (CME), dealers said.

Forex - Dollar well-bid amid speculation of strong US labour ...

LONDON (AFX) - The dollar was well bid amid speculation that the crucial US labour market report due Friday will come in strong, in turn boosting expectations of an August rate hike. 'Expectations that a robust US employment report will ensure an August rate hike and renewed pressure on emerging market currencies and equities have created a more dollar supportive backdrop,' said Steve Pearson, chief currency strategist at HBOS. Yesterday the forecast from ADP Employer Services indicated that US companies added some 368,000 jobs in June. The robust ADP data pushed up expectations for the non-farm payrolls figure to above 200,000 from 160,000. In May only 75,000 jobs were created. 'Should this upbeat estimate be reflected in an equally strong print for tomorrow's labour payrolls release, then it is possible that any conclusions pertaining to the resumption of the dollar long-term downtrend may have to be temporarily postponed once more,' said Neil Mellor at the Bank of New York.

BrewerFX Partners With Learn:Forex to Introduce New Managed forex Accounts

Learn:Forex, one of the nation's oldest and most respected forex learning institutes, announced today that BrewerFX has selected the company as its exclusive partner for managed forex trading and foreign exchange education. BrewerFX is a wholly- owned subsidiary of Brewer Investment Group, which is an elite, full-service wealth management firm with affiliate offices world wide. Brewer will utilize Learn:Forex traders to run its managed forex product offering and will promote Learn:Forex's currency trading courses to clients through its broker network.

Until recently, the forex markets have been primarily utilized by hedge funds and institutions. The strategic alliance between Learn:Forex and BrewerFX brings the potentially lucrative world of foreign exchange to retail investors and connects them with professional forex traders.