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Day: December 23, 2007
December 232007
South African Rand Declines for Second Week
South African rand has fallen this week losing almost 2% against the U.S. dollar compared to its last Friday’s close rate. It was the second straight loss week for USD/ZAR as the Forex traders were leaving carry trade positions before the holidays period uncertainty and on the bad political background in South Africa. Jacob Zuma, accused in a corruption case two years ago, was elected as the head of the African National […]
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December 232007
Automated Trading Championship 2007 Came to End
The Automated Trading Championship 2007, which was started by the MetaQuotes Software Corp. (the company that made MetaTrader trading platform), ended yesterday and the winners have been announced: Participant Better earned the first prize of $40,000 with his outstanding neural network expert advisor, which has turned $10,000 into $130,475.45 in 12 trading weeks. Too bad this has been done on demo account, not real :-). […]
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