May 312014
 
Creating Synthetic SSI for Cross Currencies

SSI gives us a comparison between how many retail Forex traders are currently long and short on each major pair. We want to trade opposite of the …
See Original Article

Fiji maintains accommodative stance, objectives intact

Fiji's central bank maintained its policy rate at 0.50 percent and said the bank's twin objectives remain intact so “the current accommodative stance …
See Original Article

Albania cuts rate 25 bps to boost inflation

… of low inflationary pressures in the quarters ahead in response to weak aggregate demand and the downward inflation trend in its trading partners.
See Original Article

May 312014
 
CORRECTED-FOREX-Dollar eases as low US rates dull demand

NEW YORK, May 29 (Reuters) – The dollar eased on Thursday and finished down against other major currencies as traders shrugged off government …
See Original Article

Twelve major banks seek dismissal of forex price-rigging lawsuit

Any attempt to inflate one currency artificially would deflate the relative value of other currencies against which it is traded, the banks argued, and …
See Original Article

May 312014
 
My Currency Numbers

Dollar Index – Here are my Dollar index numbers for June 2nd as we have proprietary fusion trading numbers & consolidation numbers and major …
See Original Article

CANADA FX DEBT-C$ weakens on sluggish Canadian economic growth data

… from investors rebalancing on the last trading day of the month, said Ken Wills, currency strategist and broker at CanadianForex in Toronto. “It lines …
See Original Article

Rupee slips a tad to end at 59.11

Forex dealers said gains in other Asian currencies against the US dollar in the overseas market helped the currency in early morning trade, but the …
See Original Article

JPMorgan, Goldman Sachs Seek Dismissal of Currency Suits

The investors accused the banks' top currency traders of using closed-network chat rooms with names such as “The Cartel,” “The Bandits' Club” and …
See Original Article

May 312014
 
EURUSD Goes Flattish

During yesterday's trading session, EURUSD set another local low by touching … At this point, the currency pair is still consolidating within this range.
See Original Article

Breakout Basics for Forex

There are many advantages to trading strong trends. Trend traders look for directional markets to bias their trading decisions and look for new entries.
See Original Article

FOREX-Dollar softens as traders look to ECB policy meeting

Volumes were light as currency traders tidied up books at the end of the month, according to Lane Newman, director of foreign exchange at ING …
See Original Article

China lends first foreign-denominated funds under currency swap

BEIJING, May 30 (Xinhua) — China's central bank on Friday lent 400 million Korean won to support trade settlement financing for Chinese importers of …
See Original Article

May 312014
 
Bond links: Bond-market nemesis set to return

If you've watched a You Tube video on technical analysis or forex trading, you have probably seen one of the over 100 videos that he produced.
See Original Article

Trade Idea Update: USD/JPY – Buy at 101.15

This week's retreat from 102.14 suggests the rise from 100.82 has formed a top there and near term downside risk remains for correction of this move …
See Original Article

EUR/USD touches off 200dma

The euro and pound are wrapping up London trading with a climb to session highs. The euro … Monitor the markets with our customizable FX studies.
See Original Article

Trade Idea Update: GBP/USD – Sell at 1.6785

Cable's intra-day rebound has retained our view that minor consolidation above yesterday's low of 1.6693 would be seen and corrective bounce to …
See Original Article