The US Dollar Index (USDX), an index which measures the valuation of the US dollar against a basket of currencies like the euro, has been stuck in a...
US Dollar Soared After Strong US Figures
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Daily Forex Tips - June 9th 2009
10:00 GMT: EUR - German Industrial Production: - This indicator reflects the change in the total inflation-adjusted value of output produced by manufacturers, mines, and utilities. - It’s a leading indicator of economic health - production reacts quickly to ups and downs in the business...
The optimization framework is being upgraded.
Our forex trading system optimization procedure is currently undergoing a change. This change is brought about by the recognition of the fact that a simple arithmetic average of monthly returns, a statistic used so far, is biased upwards and thus provides a falsely optimistic estimator of return....
Iceland Central Bank Holds Lending Rate at 4.75%
Iceland’s Sedlabanki kept its seven-day collateral lending rate steady at 4.75%. The Bank said: “it will be necessary...
WORLD FOREX: Dollar Mixed Ahead Of Payrolls, Pound Suffers
By Gary Stride Of DOW JONES NEWSWIRES LONDON (Dow Jones)--The dollar is mixed in light trade Friday with most players keeping to the sidelines ahead of the ... See all stories on this...
Challenger claims victory in Iranian election
Ahmedinajad’s challenger Mousavi says he is the definite winner of the Iranian presidential elction. No reaction from the oil market as yet though the USD is a touch firmer. EUR/USD trades at...