Dukascopy Fundamental Analysis EUR Jobless rate in Germany declined more than expected in January, reaching 20-year record low. The number of unemployed people fell by 34 000, reaching 2.85 million. Economists earlier predicted a decrease between 8000 and 10 000. The adjusted unemployment rate eased from 6.8% to 6.7% indicating Germany is moving towards better performance than [...]
Dukascopy Afternoon Forex Overview
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Look for an Algo afternoon
In the forex market we don’t get the dog days of summer, we get the algoritim days of summer. Especially after a day like today, most treaders will head to the sidelines . That doeasn’t mean markets will quiet down. In fact, it often means quite the opposite. Machines are bloodless and...
Weekly Forex Market Followup (September 12th – September 16th 2011)
By Michael Trinkle, ForexTraders Key Fundamental Forex Events for the Week of September 12th through September 16th The following table lists the key economic data and other events that came out during the week of September 12th through September 16th, with release times displayed for the GMT time...
Even in the random walk, locations of daily high and low are non-uniformly distributed in time
I have been looking at the temporal distributions of daily highs and lows in forex since for some time now (see the EUR/USD report, the first one on the subject). Later I began complementing the data with a similar distribution of variance and 1-hour lag autocorrelation (here is the distribution...
Central Bank of The Gambia Cut Rate 100bps to 13.00%
The Central Bank of The Gambia cut its rediscount rate by 100 basis points to 13.00% from 14.00% previously, and left the...
Fed’s Bullard ‘cautiously optimistic’ on H2 growth
Spreads are coming back toward normal but are not yet at pre-crisis levels, St Louis Fed president Bullard says. High long-bond yields are both a reflection of inflation fears and optimism on the economy, he says. The risks of a Japanese-style deflation trap are receding, he says. The Fed is...