Foreign currency assets (FCAs), a major component of the forex kitty, rose by $614.1 million to $260.119 billion for the week ended January 27, the RBI data released said. FCAs, expressed in the US dollar terms, include the effect of appreciation or ...See all stories on this topic ยป
Forex reserves up $673m to $294bn
Source: www.google.com
Read more...
Forex position sizing and Kelly Criterion
I compare four different position sizing strategies to use in algorithmic trading with Danica forecasting system. Two of them incorporate Kelly Criterion information. It seems that the strategy I have been using so far has been a sub-optimal one; a way to proceed is...
HK shares buck the regional trend
The Hang Seng index is down around 0.8% as opposed to gains of about 1% over on the Nikkei. Equity markets are having little or no impact on the JPY crosses today with EUR/JPY chopping around in a tight 137.45/95...
USDCAD rebounded to 1.0093
Being contained by 0.9979 support, USDCAD rebounded to as high as 1.0093 level, suggesting that a cycle bottom is being formed on 4-hour chart....
Japan forex reserves cross $1 trillion mark
World's second largest economy, Japan's forex reserves topped $ 1 trillion level at the end of May, hitting the second-largest level on record, the Finance Ministry said Friday. Commodity Online Forex Reports -...
UK retail sales in May -0.8%, YoY
This comes on the back of a very strong retail sales number last month but when one delves a little deeper into the figures, one sees a very weak April 2008 figure which made April 2009 look good and similarly a strong May 2008 result has dropped off and this makes May 2009 look bad. Lies, damn...