USDCAD broke above 1.0340 key resistance, suggesting that a cycle bottom had been formed at 1.0247 level on 4-hour chart. Now the rise from 1.0247 is...
USDCAD broke above 1.0340 key resistance
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Monetary Policy Week in Review – 14 Jan 2012
The past week in monetary policy saw interest rate decisions announced by 11 central banks, with just one announcing a change in rates (Chile...
Obama named Cy Young award winner for All-Star first pitch
Another stunning victory for the President as he wins Major League Baseball’s award for best pitcher based on his throwing out the first pitch at last summer’s All Star game. The late Ted Kennedy was a close second… Click here to view the embedded video. Click here to view the...
Optimizing the forex trading system parameters: USD/JPY revisited
After important changes to the trading system optimization technique, I am revisiting the case of USD/JPY on the day scale. In this study, the extended range of the entry threshold parameter, same as in the previous EUR/USD study, is used. The extended, more conservative threshold values are seen...
Swiss KOF institute cuts 2009/2010 growth forecasts
The KOF Swiss Economic Institute has slashed it’s growth forecasts for the Swiss economy. The economy is now seen contracting -3.3% in 2009 from previous forecast of -2.4%, and contracting -0.6% in 2010 from previous -0.3%. The insititute warns that “the Swiss economy is in a long...
FOREX-Dollar falls as economy hopes cool risk aversion
By Harpreet Bhal LONDON, June 10 (Reuters) - The dollar declined across the board on Wednesday led by a retreat in risk aversion as stock prices in Europe ... See all stories on this...