The continuing and increasing popularity of forex trading may be relatively easy to explain, but it is much harder to justify
May cause side FX
Source: www.ft.com
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EUR/USD Short Term Trading Idea - Technical Analysis
EUR/USD has created one of our favored chart patterns. In the below 30 minute timeframe chart, EUR/USD has created a false break out (See...
Bank of Thailand Drops Rate 25bps to 3.25%
The Bank of Thailand reduced its benchmark 1-day bond repurchase rate by 25 basis points to 3.25% from 3.50%. Bank of...
Lockhart sees second-half recovery; Fed will meet inflation objective no matter the environment
Atlanta Fed President Lockhart, a relative hawk, frets that some of the bond rate back up in recent weeks is tied to the fear that the Fed will monetize the debt. He warns that fiscal imbalances will make the Fed’s pursuit of stable growth and prices more difficult. US equities are firmer and...
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Forex: Australia's Trade Deficit Widens In September
Thursday, the Australian Bureau of Statistics announced that Australia's trade deficit widened less than expected in September, with both imports and exports on the rise. Nevertheless, September marked the fifth successive month in which Australia has posted a trade deficit. The trade deficit rose...