Source: ForexYard The USD posted gains across the board on Friday, following the release of a better than expected US Non-Farm Payrolls figure. The...
USD Rallies Following Non-Farm Payrolls
Source: feedproxy.google.com
Read more...
Forex: GBP/USD falls further to 1.6410
Dollar is getting stronger across the board with the exception of the Yen on a big sell-off in equities. GBP/USD fell after the opening bell to 1.6415 (intra-day low). From there rebounded sharply and rose back above 1.6500 but failed to hold and regained the downside. After finding resistance at...
Optimizing the trading system parameters: EUR/USD revisited
After important changes to the trading system optimization methodology, I am revisiting EUR/USD on the day scale. The USD/CAD and USD/CHF reports indicated that our range of trade entry parameter might not include the optimum, consequently the range is extended. As a result, much better performance...
Patterns of financial crisis: USD/CAD in 2007-2009.
With USD/CAD, I am continuing the series of reports focusing in the time evolution of the forex correlation shapes during the present financial crisis. Extending the time coverage up to the end of March, I see the need to make the picture a bit more complex with three, rather than two phases with...
Swiss KOF institute cuts 2009/2010 growth forecasts
The KOF Swiss Economic Institute has slashed it’s growth forecasts for the Swiss economy. The economy is now seen contracting -3.3% in 2009 from previous forecast of -2.4%, and contracting -0.6% in 2010 from previous -0.3%. The insititute warns that “the Swiss economy is in a long...
AUDUSD: Intraday Views
The Break out above 8130 overnight sent AUD above 82c, pretty much as we mentioned it would yesterday. The AUD has been supported by Commodity buying and strong economic data over the last few days. On the day 8130 - 8230 is my range. I have been bullish over the last few days buying on dips but i...