Bank of Uganda Lifts Rate 300bps to 23.00%

Source: feedproxy.google.com

The Bank of Uganda raised its new monetary policy interest rate (the central bank rate [CBR]) by 300 basis points to 23.00% from...


Read more...

  • Canadian Employment Sees Sharp Contraction

    Source: ForexYard The data released by Statistics Canada this morning highlighted the first contraction in Canadian employment since...

  • GBPUSD failed to break above the downtrend line

    GBPUSD failed to break above the downtrend line on 4-hour chart, and continues its downward movement from 1.6453. Further fall could be expected in...

  • Optimizing the forex trading system parameters: USD/JPY revisited

    After important changes to the trading system optimization technique, I am revisiting the case of USD/JPY on the day scale. In this study, the extended range of the entry threshold parameter, same as in the previous EUR/USD study, is used. The extended, more conservative threshold values are seen...

  • EUR/JPY technicals

    Modest uptrend still in play here on the hourly charts but the excessive volatility from last Friday between 136.30 and 139.20 may be signalling th the quiet times are over and we are in for more high volatility. Risk/reward would seem to favour buying dips with a stop below...

  • Fed’s Lockhart: Fed should not wait long to tighten

    Comments via The Market News International wire from Atlanta Fed’s Lockhart are boosting the dollar. He says the Fed should not wait long to tighten. They can tighten while maintaining a expansionary quantitative ease policies. Buying more Treasuries is an option, but it has draw backs, he...