Day: October 27, 2009

October 27
2009

Pound Extends Gains on Retail Sales

Speculations that retail sales would post another month of gains were confirmed providing support for the pound to regain terrain versus the euro and several other currencies, changing the negative outlook for the British currency to a better trajectory. The pound gained versus most of 16 traded currencies as retail sales in the U.K. touched the highest level in 2 years in October, bringing confidence back towards pound-priced assets, after rather turbulent weeks that […]

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October 27
2009

Sweden’s Krona Down Further on Economic Outlook

The Swedish currency has been one of the biggest losers in the European currency market as producer prices declined again in September, raising concerns towards the economic recovery in the country. Since Riksbank affirmed that interest rates in Sweden will continue at record low levels to stimulate the economic growth in the Nordic country, the krona has been having negative sessions which aggravated today after producer prices fell in September, evidencing the fragility of the Swedish […]

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October 27
2009

Canadian Dollar Strengthens on Decline Speculations

The Canadian dollar had the first session of recovery versus the greenback and several other major currencies after traders speculated that the current losing streak was not reflecting the present status of the Canadian economy, which is being one of the most resilient among wealthy nations. Even if Bank of Canada policy makers are constantly stressing on the fact that loonie rates should go down to ensure a fast recovery for the Canadian […]

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October 27
2009

Yen Trading Higher as Stocks Tumble

The Japanese currency ranked among the best performers in currency markets after several days of losses as stocks declined worldwide, attracting traders to the safety provided by yen-priced assets, and favoring also safer bets in financial markets globally. The South Korean won was one of the biggest losers versus the yen after climbing sharply due to a report showing a significant quarterly growth for the Asian emergent nation, in a movement that can be understood […]

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October 27
2009

Dollar Up 3rd Day on Lower Consumer and Manufacturer Sentiment

EUR/USD went down for a third day in a row today after the fundamental reports from U.S. showed decline of the confidence in both consumer and manufacturer sectors of the economy. Only housing price index showed a moderate monthly growth today. EUR/USD is currently trading near 1.4810. S&P/Case-Shiller home price index based on the seasonally-adjusted prices decreased by 11.36% in August compared to the same month of 2008. It rose from 143.12 to 144.51 […]

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October 27
2009

Price Alert Indicator Conversion to MT5

I converted my second MT4 indicator MT5 today. It’s Price Alert. I’ve created and published its MT4 version on April 27th this year. This time it was much easier to convert from MQL4 to MQL5 language (compared to my first experience). There were two main differences between MQL4 and MQL5 this time: In MT5 objects can be created in different chart windows, so now it’s necessary […]

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