FOREX-Dollar rebounds as euro hit by weak data, G8 on tap

Source: www.reuters.com

By Steven C. Johnson NEW YORK, June 12 (Reuters) - The US dollar rose on Friday, rebounding from heavy selling this week, while data showing a plunge in ...

See all stories on this topic


Read more...

  • More on how I know my forex forecasting works.

    This is a brief follow-up to the previous post on how I know my forex forecasting works. In that post I disclosed a measurement of a figure of merit I use to monitor the forecasting quality and optimize the algorithm, the figure of merit being the covariance of predicted and actual logarithmic...

  • HK shares buck the regional trend

    The Hang Seng index is down around 0.8% as opposed to gains of about 1% over on the Nikkei. Equity markets are having little or no impact on the JPY crosses today with EUR/JPY chopping around in a tight 137.45/95...

  • Sorry for the lack of updates lately

    Hello my dear readers. I’d like to apologize for the lack of blog postings recently. My internet access was down for about 3 days, and before that I was busy moving to a new home. Imagine that, you get all setup in your home and expect the net to work; it does for five hours and then dies. I...

  • Daily Market Wrap: January 23, 2012

    Stocks took a breather from last week’s rally as investors were cautious ahead of a possible Greek default. But we are in the midst of...

  • Volatility Analysis: AUD/JPY

    [Click on the graph above for a larger version] One of your most important indicators for trading the Forex market is the clock. Knowing how to trade — using technical and fundamental analysis, managing risk, adopting a trader’s mindset — is critical, but your effectiveness as a...