You began trading the forex market because you wanted to generate income in one of the most lucrative marketplaces in the world. However, to create a consistent profit trading currencies, a successful trader relies upon different strategies ...
Incorporating Fibonacci Retracements into Your own Forex Trading ...
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JPY buying into the fix
As I wrote earlier, normally one sees USD buying and JPY selling on the 10th of the month but today we are seeing the opposite with JPY buying pushing the USD/JPY to a session low at 97.17 and EUR/JPY to 136.70. Not much in the way of bids until 96.60 in USD/JPY I’m told, but it is doubtful...
Ontario government to sell LCBO headquarters
Dwight Duncan says the government will keep full-day...
BOE exit strategy: raise rates, sell assets or both
Bank of England chief economist Dale says the BOE exit strategy from its super-easy monetary policy is likely to consist of a combination of raising rates and selling assets. Pretty straight-forward, really. Also crossing the wires is news from Germany that its tax take has fallen 7.1% y/y in May....
USDCHF’s bounce extended to 1.0639
USDCHF’s bounce from 1.0394 extended to as high as 1.0639 level. Further rally is still possible later today and target is to test 1.0675...
National Bank of Poland Keeps Rate at 4.50%
The Narodowy Bank Polski‘s Monetary Policy Council kept the benchmark 7-day interest rate unchanged at 4.50%. The Bank...