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.…
EUR/USD Swings, May Decline as US Home Market Improves
Source: www.earnforex.com
Read more...
FOREX VIDEO - New York Session Review - October 26, 2009
The U.S. dollar rebounded during today’s New York session after hitting a 14-month low earlier in the day. A short trade from the top of an intra-day channel on the EUR/USD currency pair produced between 85 to 130 pips [depending on exit strategy]. Curt Wehrley FX Bootcamp’s...
Another analyst sees US losing AAA credit rating
Robert Prechter who made a name for himslef by predicting the crash of ‘87 is yet another analyst who sees the US losing it’s AAA rating. He thinks it will happen before the end of...
FOREX-Dollar eases as risk sentiment improves
By Tamawa Desai LONDON, June 10 (Reuters) - The dollar eased on Wednesday as investors shifted from the US unit toward perceived riskier and higher-yielding ... See all stories on this...
August 2011 performance review for Danica
August 2011 was the eighth month of the second year of Danica's live operation. The system continued on auto-pilot without parameter changes. The market average of the correlation coefficient between its forecasts and the reality for daily close came out negative, but the result is strongly...
GBPUSD pulled back from 1.6261
Being contained by 1.6277 resistance, GBPUSD pulled back from 1.6261, suggesting that a cycle top had been formed on 4-hour chart. Deeper...