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Day: September 27, 2010
September 272010
Australian Dollar Near Two-Year High
The Australian dollar reached today the highest level in two years against its US counterpart as the improving market sentiment and the outlook for the increasing stimulus from the US Federal Reserve boosted the appeal of the riskier currencies. The MSCI Asia Pacific Index of shares climbed as much as 1.2 percent, the biggest gain in two weeks. The wagers indicate 66 percent chance of the interest rates increase by the central bank next week. The Australian dollar was second […]
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September 272010
Euro Goes Down on Concern for European Banks’ Health
The euro slipped today against the US dollar and the Japanese yen as the concern that the European banks would require to raise more funds damped demand to the European assets. The report this week shall tell how much it’ll be for Ireland to bailout Anglo Irish Bank Corp. Brian Lenihan, Ireland’s Minister for Finance, promised that the costs would be “manageable”. The government expects the bailout to cost about â¬22 billion, but […]
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September 272010
ATC 2010 Starts in a Week. Are You Interested?
Automated Trading Championship (ATC 2010) — one of the biggest events in the world of automated Forex trading — starts in one week from today — on Monday, October 4. The championship will be conducted among the expert advisors written in MQL5 for the MT5 trading platform. The registration has closed and, according to the official site of the contest, only 339 participant have passed the preliminary tests in accordance with the contest’s rules — that’s out of more than […]
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