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 London.
UK house prices fall at lowest rate in 18 months
Source: www.forexlive.com
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Euro Takes a Unexpected Drop
Source: ForexYard Following the announcement that the ECB would offer longer term lending options to European banks the euro took a surprising...
EUR/USD intraday seasonality overview, 2003-2010
In the past, we have looked at hour-scale autocorrelations and intermarket correlations in FX, averaged over observation intervals as long as several years. We have also looked at time evolution of interesting correlation effects, averaged over shorter time intervals. This report begins a new...
Evil Genius Trade Package
I consider myself a law abiding, stand-up citizen. You know, I always try to do what’s right. I’m not one that condones cheating or telling secrets. That’s why when I came across this ‘sin’sational package (pardon the pun), I was faced with a Dr. Jekyll and Mr. Hyde...
What Could Lift the Dollar?
Hi everyone. I just finished posting an interesting article over at my finance blog. The article is written by Bryan Rich from moneyandmarkets.com and I think you will probably enjoy it. As you can tell by the title the article talks about the US Dollar. Check it out over...
Distribution of USD/JPY daily high and low during a day
I continue analyzing the timing of daily high and low for the popular foreign exchanges rates, one exchange rate at a time. Some of the motivations for such type of analysis have been outlined in the first post on the topic. ...