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Day: November 9, 2009
November 92009
Brazilian Real Rises on G-20 Stimulus
The Brazilian real was one of the most benefit currencies today with the Group of 20 statement indicating that stimulus measures to support the global economic recovery will be extended, increasing risk appetite among traders today that opted for assets in emergent markets. The Brazilian currency climbed today to the highest level in 2 weeks, flirting once again with the $1.70 psychological level with the the U.S. dollar, as several commodities abundant […]
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November 92009
Gold Hits Record High Pushing South African Rand Up
South Africa is one of the world’s largest precious metals producers, and today, as the gold and platinum rose in a session of strong risk appetite, the African nation witnessed a strong bullish pattern in its currency’s chart, as optimism among traders increased. The South African rand reached its highest rate in two weeks after the price of gold reached a record and platinum had its first rate rise in 3 days, attracting traders to purchase […]
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November 92009
Risk Appetite Drives Canadian Dollar Up
The Canadian dollar rallied today versus several currencies and specially against its U.S. counterpart, as stocks and commodities climbed worldwide after the Group of 20 affirmed that is relaxed policy to stimulate the world economy will be extended, increasing risk appetite in trading markets. Canada is one of the most commodities and stocks linked currencies, as the country is a main exporter of its natural resources surplus specially to its neighboring U.S., […]
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November 92009
Dollar On Record Low after G-20 Agreement
The dollar lost versus most of main traded currencies as the Group of 20 will extend measures to stimulate the global economy, adding confidence among investors to purchase riskier assets, consequently affecting the attractiveness of the greenback. The most affected currencies by the G-20 statements were those of safer profile and the lowest yielding options in foreign-exchange, as its the case of the greenback and the Japanese yen, which have been sequentially losing value during the past few months […]
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November 92009
Trend Strength Indicator Laguerre in MT5
I’ve converted the Laguerre trend’s strength indicator from MQL4 to MQL5 today so that it can now be used in MetaTrader 5 platform. Not much interesting in the process of the conversion and the MT5 platform doesn’t add anything useful or new in functionality to this indicator, but I guess some traders waited for MT5 version of Laguerre. I should make one important notice to the MQL5 coders: always remember that the timeseries scale […]
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November 92009
Web Interface for MetaTrader 4
An interesting service is offered by BostonTechVPS. It’s a MetaTrader 4 VPS company that allows traders to trade via MT4 through the web-based interface. After you sign up for this service, you’ll be able to access your MT4 platform (with all its indicators and expert advisors) via your regular Internet browser — from your desktop, notebook or even a mobile phone. The only problem is that […]
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