Source: ForexYard In following with the trend of a more open and transparent central bank, the Riksbank will begin to publish macroeconomic...
Swedish Central Bank to Open the Books
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US Dollar Declines Against Majors; Now At 1.1610 Versus Loonie
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FOREX VIDEO - Pre London Outlook September 1st 2009
Hi everyone, happy to be back after the London holiday. For this outlook video I analyze the Euro Pound extensively not necessarily to trade it but to use this pair as a strong proxy for Pound related relative strength. Nothing particularly complicated, simply using Euro Pound technical’s to...
Danica has been upgraded to v1.3
This upgrade is affecting the way forecasts are generated, in certain situations. In the previous versions, when the predicted close comes out to be above the predicted high, the system would not touch the high, but instead would adjust the close so that the adjusted close is half way between the...
New York forex wrap up; Dollar firms as reflation trade falters
New York Fed’s Empire State index falls to -9.41 from -4.55 IMF considers making its bonds tradeable IMF: US returns to growth in 2010 IMF”s Lipsky: Dollar to remain reserve currency “as far as we can see” Geithner: Economy in early stages of recovery ECB’s Wellink:...
AUD/USD firming; China notable buyer
AUD/USD is making good ground early, presently up at .8090 from around .8045. Aussie is benefitting from decent risk appetite, firming commodity prices, and the overnight release of impressive consumer confidence data. Sources report China has been an aggressive buyer of the pairing. Technical...