Day: November 23, 2009

November 23
2009

Commodities Force Brazilian Real Up

After a losing week versus the U.S. dollar and the euro, the Brazilian currency had a rebound today as optimism returned to markets bringing investors to inject capital in emergent economies, providing support for the Brazilian real to advance versus several main traded currencies. The real finally gained today after 4 consecutive days losing versus the greenback as commodities rebounded today thanks to optimism regarding the economic growth forecast for the biggest economy in Latin America, […]

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November 23
2009

Canadian Dollar Rebounds on Gold, Oil

After posting the worst week in almost two months, the Canadian currency rebounded sharply today paring most of its previous days losses, as commodities exported from Canada had an increased demand today, attracting investors to purchase assets in the country. The Canadian currency is highly influenced by stocks and commodities prices due to its high-yielding commodity exporter economic profile, and today, as the gold rose vertically and the crude oil rebounded after […]

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November 23
2009

Pound Up on Global Optimism

After posting a negative performance last week versus its main rivals, the euro and the dollar, the pound had a breather today as risk appetite returned to equities and commodities markets, providing support for the U.K. currency to pare much of its losses versus the greenback and halt an advance of the European common currency. The British pound posted the best performance today versus the Japanese yen, a refuge currency that lost attractiveness today as risk appetite returned […]

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November 23
2009

Dollar Drops on Fed Grim Speculations

After having a significant rally in the end of the last week versus the euro and several high-yielding currencies, the dollar fell today considerably, as the Federal Reserve is likely to maintain its interest rates at a record low for an undefined amount of time. The Federal Reserve Bank of St. Louis President James Bullard once again moved currencies markets supporting stimulus measures that involve mortgage-backed securities purchases, signaling that this policy may […]

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November 23
2009

Top & Bottom Indicator in MT5 — Aroon Up & Down

Converted Aroon Up & Down indicator to MT5 today. It was an easy conversion but I’ve encountered a very strange piece of MQL code in the.mq4 version and had to rewrite both MT4 and MT5 code to remove two unnecessary indicator buffers and other code, connected with them. Why the author of the original version used the indicator buffers in a place, where temporary variables would work, is beyond my understanding. Extra […]

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