The disagreement among the 24-member board on the currency weakens the pressure on China further to revalue the renminbi after it abandoned its peg to the dollar
IMF staff and board split on renminbi
Source: www.ft.com
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Optimizing the forex trading system parameters: GBP/USD revisited
After important changes to the trading system optimization methodology, I am revisiting the case of GBP/USD on the day scale. In this study, the extended range of the entry threshold parameter, same as in the previous EUR/USD and USD/JPY studies, is used. The extended, more conservative threshold...
EUR/USD Demonstrates Fastest Gain in 3 Weeks
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FOREX VIDEO - New York Session Review - Sept 24, 2009
Bank of England governor Mervyn King told a local U.K. newspaper that the country’s banking sector is “not in good shape,” and that he saw the decline in the British pound as “helpful” to re-balancing of the country’s economy. When the market got word of...