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Day: July 1, 2008
July 12008
Dollar Holds Steady on Construction and PMI
The dollar traded with an elevated volatility against the euro today, going both high above the opening level and diving down below it. The overall fundamental background is positive for the greenback today. Yesterdays report on Chicago PMI index also supported the U.S. currency. Currently EUR/USD is trading near its open level at 1.5754. Total construction spending in May was down 0.4% after […]
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July 12008
Automated Trading Championship 2008 Open for Registration
MetaQuotes Software is organizing its third yearly automated trading championship (basically a contest of the expert advisors). There are three sponsoring Forex brokers this time — FXCM, Interbank FX and FXDD. The total prize funds are $80,000 with $40,000 going for the first place, $25,000 — for the second one and $15,000 — for the third. The registration for the championship opened today, July […]
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