EUR/USD Gains as Finance Ministers Talk About Greece

    EUR/USD erased its losses today on hopes that European finance ministers will reach an agreement about a bailout for Greece. Earlier, the currency pair dropped as yesterday’s talks between the finance chiefs failed to deliver any meaningful outcome. The US economic reports were largely positive today, but fears of possible tax increases and spending reduction restrained consumers’ confidence.

Nikkei slips as investors shy from risk before U.S. elections

 By Ayai Tomisawa
    TOKYO, Nov 5 (Reuters) - Japan's Nikkei inched down on Monday, with investors shying away from risk before the results of a tightly fought U.S. election, although a weaker yen limited
losses while hopes for Toyota Motor Corp.'s earnings supported the index.
   

Forex Brokers Update

  One new broker with a very “original” name was added to EarnForex.com during this week:

TradingForex.com is another Cypriot Forex company. They offer only one account type, which they call ECN/STP, and one trading platform — MetaTrader 4. FX trading can be started with $200 and, of course, the mini-lots are allowed. The leverage for all instruments, which include currencies, precious and industrial metals, and other commodities, is limited with 1:200.