EUR/USD Swings, May Decline as US Home Market Improves

Source: www.earnforex.com

The euro was declining at this Forex session against the dollar, than surged and now falling again. Values of jobless claims and nonfarm productivity in the US were near forecasts, but pending home sales presented a pleasant surprise for traders, growing significantly. On the other hand, factory orders rose less than expected.…


Read more...

  • FOREX VIDEO - European Outlook October 28th 2009

    Hi everyone, for this outlook I go back to drawing on my old favorites; Euro Pound and Cable. Cable has been consolidated the last few days after some reasonably dramatic moves. I don’t expect this consolidation to continue and build a trade plan around a price trap break out. Not quite as simple...

  • Interview with Thompson Creek Metals CEO Kevin Loughrey

    Insight into this Molydenum company’s Q4 2011 earnings and business outlook from Chief Executive Officer Kevin...

  • Bank of England Holds Rate at 0.50%, APP at 275B

    The Bank of England (BoE) kept the Bank Rate at a record low stimulatory level of 0.50%, and kept its Asset Purchase Program...

  • AUD/USD firming; China notable buyer

    AUD/USD is making good ground early, presently up at .8090 from around .8045. Aussie is benefitting from decent risk appetite, firming commodity prices, and the overnight release of impressive consumer confidence data. Sources report China has been an aggressive buyer of the pairing. Technical...

  • Optimizing the forex trading system parameters: EUR/USD

    I continue with the series of forex trading system optimization reports for the individual currency pairs, traded on the day scale, which began with AUD/JPY. In the algorithm, the forecast signal whose nature will not be disclosed is fed into money management framework driven by three adjustable...