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Day: August 6, 2008
August 62008
Statistical Forex Systems
Statistical Forex system is a system that relies on the information which was previously collected from the market and the amount of this information is proportional to the period of time, on which the market is analyzed. Common input parameters optimized over the period of time arent considered as the statistical information, thus not every optimized system or expert advisor is statistical. Statistics is collected into a special file in a format that […]
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August 62008
Euro Grows, ECB May Signal Inflation Risk
The euro rose today against the U.S. dollar and other major currencies on Forex after a quite deep decline that was observed yesterday, as the traders expect ECB President Jean-Claude Trichet to signal uprising inflation risks on the next meeting of the Governing Council. According to the Bloomberg survey of the currency analysts European Central Bank will keep the key interest rate at 4.25 percent […]
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