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Day: January 21, 2011
January 212011
Swiss Franc Advances Thanks to Increased Money Supply
The Swiss franc rose against all other major currencies except euro today, as the traders reacted on increased M3 money supply as a sign of a probability for a stricter monetary policy in the future, despite the commentaries by the central bank president. The franc advanced against the US dollar and the Japanese yen, while staying near the opening level against the single European currency today. The Swiss National Bank released its statistical report today showing a growth […]
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January 212011
Euro Rises for 4th Day on German Business Confidence Data
The euro rose to its eight-week high level against the US dollar today as the German Business Climate data surpassed forecasts, showing confidence in the strength of the Eurozone’s leading economy. The euro also rose for the fourth consecutive day against the British pound and for the second one against the Japanese yen. German Ifo Institute released its Business Climate index data for January, showing a growth from 109.9 to 110.3, while the major economists forecasted […]
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January 212011
Killer Patterns Forex Strategy E-Book
Another free e-book was added to EarnForex.com today — Killer Patterns by Philip Birchley. It’s very short — just 22 pages, including title, disclaimer and other “service pages”. The e-book talks about the strategy based on the MACD indicator and the chart trend lines. It’s very simple and easy to implement. Unfortunately, the e-book is also ridden with ads for the author’s proprietary trading system. But it helps to make this e-book […]
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