Last Friday, an 8.9 magnitude shocked the northeast coast in Japan which generated a gigantic tsunami that swept cities and killed thousands. We, at...
Earthquake And Tsunami Jolted The Japanese Yen
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Weber: ECB to absorb excess liquidity as quickly as possible
No surprise here: the president of the Bundesbank says that the ECB will absorb the excess liquidity it has created quickly, saying the measures that bank used allow for easy reversal. He does see some signs that the intensity of the downturn is subsiding though the crisis will put strain on global...
December 2010 performance review for Danica-9am algorithm
During the month of December, the twelfth month of live performance, the system continued on auto-pilot without parameter changes. This document consists of a summary section reporting the figures of merit for the forecasting quality, followed by 14 subsections, dedicated to the individual exchange...
GBPUSD stays above a rising trend line
GBPUSD stays above a rising trend line on 4-hour chart and remains in uptrend from 1.5344 (Dec 28, 2010 low), the fall from 1.6277 treated...
Positive German Data Leads to a Boost for the Euro
Source: ForexYard The euro reversed some of its recent losses yesterday, as positive German data sent investors to riskier assets throughout...
FOREX VIDEO - London Session Review - September 9, 2009
After yesterday’s fun selloff of the USD during London, we began pre-London today well extended on our Daily charts. The GBP/USD, EUR/USD, AUD/USD, all a country mile from their Daily 5 ema’s respectively. While this alone is not a reason to enter a trade back to those levels, it...