By Finexo.com – Morning Forex Review – Will the Fed adopt new easing measures? Last Friday’s report of unemployment data for July, along with...
Forex Market Review: Daily Forex Analysis 2010-08-10
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Fed’s Fisher declares victory
Dallas Fed president Richard Fisher, perhaps the most hawkish member of the Fed, says the it has succeeded in pulling the economy back from the brink. The Fed is seeing results in the credit markets and that the banks are becoming less dependent on the Fed. Consumer confidence is recovering and...
Possible figures of merit related to return on investment: arithmetic and geometric mean
When evaluating the performance of a trading system, I calculate the first moment (an arithmetic mean of the series of returns) as well as the second one (a variance of the series). Originally my "Sharpe-like" ratio, used to adjust the return for the risk, was a ratio of the first moment to the...
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...
FOREX-Dollar extends gains after US yield jump
By Satomi Noguchi TOKYO, June 8 (Reuters) - The dollar rose against a basket of currencies on Monday extending sharp gains made late last week as US ... See all stories on this...
Another bearish Euro piece from AEP
Ambrose Evans Pritchard is certainly consistent and it seems that this time he is taking his ‘facts’ directly from the source so there is less chance of him manipulating/massaging information to suit his case. That said, hearsay and chatter from the European banking world would seem to...