By Gary Stride Of DOW JONES NEWSWIRES LONDON (Dow Jones)--The dollar has clawed itself back from one-week lows against the majors Friday as players trim ...
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WORLD FOREX: Dollar Gains Ground As G8 Looms
Source: online.wsj.com
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Reserve Bank of Australia Keeps Rate on Hold at 4.25%
The Reserve Bank of Australia (RBA) kept the cash rate on hold at 4.25%. The RBA said: “With growth expected to...
Forex: EUR/USD falls sharply on Friday
The Dollar rose against the Euro erasing Thursday's losses. EUR/USD fell to 1.4700 (intra-day low) but failed to break below. The Euro did not hold above 1.4800 and weakened. The fall in stocks helped Greenback that finished the week higher for the first since late September EUR/USD finished...
Forex Trading: GBP/USD Approaches Target And Backs Off | Daily Markets
The GBP/USD approached the next target level at the 1.6672 level last night and backed off (high reached was 1.6661). Reports of a central bank statement. Daily Markets -...
GBPUSD has formed a cycle top at 1.6516
GBPUSD has formed a cycle top at 1.6516 on 4-hour chart. The fall from 1.6516 is now treated as consolidation of downtrend from 1.6745. Another...
What information does a forex trading system need to communicate to the user?
As any computer program, a forex trading system has input and output. This post is about the output -- what should be in it? What are the guiding principles of this communication? Here are the basic principles as we see them now: Regularity. Communicate actions, not prophecies. Communicate actions...