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Day: November 6, 2009
November 62009
Yen Gains on U.S. Job Losses
Demand for safety rose towards the end of this week’s session as U.S. payrolls were cut beyond analysts expectations, suggesting that the economic recovery in North America will take longer than previously imagined by economists. Both the United States and Canada surprised traders posting worse than expected unemployment figures, shifting confidence in markets and attracting traders towards the safety of the Japanese currency, making the yen to gain versus the Swiss […]
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November 62009
Dollar Gains Slightly as Unemployment Rises
Risk appetite suffered a significant impact towards the end of this week’s session after both U.S. and Canada published grim employment figures, forcing investors to take more cautions positions and bet once again in the relative safety provided by dollar-priced assets. The U.S. dollar gained versus several currencies towards the end of this week session, and specially versus its Canadian counterpart as employment figures were published in both North […]
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November 62009
Canadian Dollar Down on Job Figures
After a lot of expectation regarding Canadian employment figures that were published today, the loonie fell drastically versus most of 16 main traded currencies and specially versus its U.S. counterpart, as negative job figures shunned investors away from assets in Canada. The Canadian employment figures improved their numbers in the past two months before today’s report, that surprised traders and investors, and jobs were cut in Canada and the total […]
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November 62009
VarMovAvg Indicator Moves to MT5
VarMovAvg is the 4th indicator that I’ve converted from MT4 to MT5. It was quite easy and the resulting code is now much simpler and faster than it was in MQL4. This indicator is great for trend detection and I recommend you downloading it to try in MT5 beta testing. While converting VarMovAvg I discovered multi-colored indicator type in MetaTrader 5, which allows coder to reduce the amount of indicator buffers […]
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November 62009
U.S. Unemployment Above 10% EUR/USD Down
EUR/USD fell slightly today as the U.S. nonfarm payrolls report missed the quite optimistic forecast of the traders. The overall daily trading range remains rather compact today and the current drop may still be considered as some end-of-the-week technical correction after crazy fast growth on Wednesday. EUR/USD pair is currently trading at 1.4837. Nonfarm payrolls decreased by 190k in October — that’s better than 219k drop in September, but […]
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