By Adam Hewison - I was quite amazed when I looked back to see how long it’s been since I’ve put together a Dollar Index...
How Far Can the Dollar Fall?
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Earnings Roundup: F, PG
Ford Motor Company (F) reported a profit of $13.62 billion, or $3.40 per share in the fourth quarter, representing the eleventh straight quarter...
Mexican brewer Modelo says cancels FOREX coverage
MX), which makes Corona beer, said it had been using the FOREX instruments to shield it from sharp fluctuations of the peso against the dollar. ... See all stories on this...
I’m going long USD/CHF
Morning all. I guess I happiest when I’m short CHF. I’m initiating a long USD/CHF position which I will hopefully build between 1.0750 and 1.0820 with a profit target at 1.1450. I will give up below 1.0570. Citibank technicals issued a sell NZD/JPY strategy overnight as they see the...
Japan Q1 GDP revised to -3.8%
Q1 GDP revised to -3.8% q/q and -14.2% annualised. This was from a preliminary figure of -4% q/q and -15% annualised. JPY crosses are trading...
Forex Day Trading Systems
Normally, we associate trading with purchasing a product, bringing it home or to our office premises, and then advertising it. Likewise, we buy stocks and shares in the stocks and shares market, keep them until their price increases and then sell them off. Times have changed, and now trading can...