Some days, the best plan is to keep your powder dry. After broad risk aversion in currency and futures markets during the Asian and London sessions, consolidation was the theme for the major pairs during today’s New York session. Curt Wehrley FX Bootcamp’s Quantitative Analyst
FOREX VIDEO - New York Session Review - August 17, 2009
Source: blogs.fxstreet.com
- Tags:
- Daily market commentary
Read more...
Major Economic Reports For December 20-24, 2010
Here are the major economic releases for December 20 to 24 of 2010. Kindly see the attached calendar to see the potential market moving reports...
The First Annual Summary of Forex Automaton Research Progress, April 2009.
Forex Automaton was launched in April 2008 with the ambitious mission of leveraging the specific algorithmic know-how to create a trading signal service geared toward retail forex traders. From the very beginning a two-prong strategy was adopted: first, development of the trading system product...
ECB to Enact New Measures
Source: ForexYard Thursday afternoon the ECB enacted multiple measures to help alleviate the financial crisis currently hitting the EU. First,...
UK house prices fall at lowest rate in 18 months
The RICS house price balance was -44 in May from -59 in April. Sterling usually does not react to this data during Asian time but may do so in early...
China denies reports of iron ore price agreement
China is not happy after being snubbed by Rio Tinto, and the China Iron and Steel Association is denying reports that they have agreed to fall into line with Japan and Korea by accepting a 33% drop in iron ore prices. China had been pushing for a 40%+ drop. The Australian newspaper reports....