Good day ladies and gents. Well, it's been a pleasant couple of months or even years for the Japanese yen bulls. As you can see, the USDJPY has sunk for 4.
Forex Trading: Japanese Yen Approaching All-Time High Against US ...
Source: www.dailymarkets.com
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Graphical analysis of trading system's simulated track record. Step Two algorithm, USD/JPY.
This USD/JPY back-testing analysis continues the series which began with EUR/USD. Simulated track records of six best Step Two algorithmic traders are studied graphically. For a more numbers-oriented approach to performance, see the article explaining the trading system optimization process which...
Dollar continues to weaken across the board
The Dollar is continuing to weaken across the board as markets dismiss the idea of early US rate hikes and get back to doing what they like best which is sell Dollars. Eur/Usd has moved past offers at 1.4070 with ease and is now closing in on 1.4100. Cable is in the same boat with the move above...
US Federal Reserve Keeps Policy Settings Unchanged
The US Federal Open Market Committee (FOMC) held the fed funds rate unchanged at 0 to 0.25 percent, and made no other changes to...
Nikkei expected to follow NY lead and open lower
Disappointing US consumer sentiment on Friday last will likely lead to a fall in the Nikkei on the open as investors worry about the stamina of the worldwide economic recovery which we’ve witnessed in recent...
GBPUSD pulled back from 1.5318
Being contained by 1.5382 previous high resistance, GBPUSD pulled back from 1.5318 and traded in a narrow range between 1.5128 and 1.5318. Support...