Forex and stock market trading are one of the most popular choices in terms of financial tradings. There is no question that many are currently wealthy doing it but there are also those who find themselves not as lucky and have lost ...
ETF Trading Signals Provides The Tools You Need To Trade ...
Source: www.currencysystemforextrading.org
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Fed’s Yellen: Unconventional Fed policies bring unintended risks
San Francisco Fed president Janet Yellen says that the recent rise in Treasury yields is disconcerting if they reflect inflation fears. She also says monetary policy can play a role in popping asset bubbles. Yellen is usually thought of a an inflation dove but today she sounds relatively middle of...
Yen is too high for Japan economy now - Opposition
Japan’s main opposition finance spokesman Masaharu Nakagawa has been interviewed by reuters. Asked whether the current USD/JPY level just below 100 was in line with Japan’s economic conditions, the official answered “I think it is too high (the yen)”, adding “It is...
UK July retail sales +0.4% m/m, +3.3% y/y
UK July retail sales came in at +0.4% m/m, +3.3% y/y compared to our forecasts of +0.4% and +2.7% respectively. Seems the market’s median forecasts were a little different though, basically +0.2% and +2.6%. That’s the good news. The bad news is that PSNB came in at £8.016 bln way...
USDCHF moved sideways in a range
USDCHF moved sideways in a range between 0.9085 and 0.9234 for several days. The price action in the range is likely consolidation of uptrend...
Daily Forex Outlook - FED remains Dovish, USD Weak
U.S. Dollar Trading (USD) was on the back foot as stocks rallied around the world and the Federal Reserve left rates at 0.25% and stating that rates would remain low for an extended period of time. ADP October Employment Report was -203k vs. -188k previously. Also released, ISM Services forecast at...