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Day: March 21, 2011
March 212011
Can Euro’s Rally Run Out of Steam?
The euro surged last week as the European leaders made some preliminary agreements about resolving the sovereign debt crisis. The improving sentiment about the ability of Japan to recover from the disaster also helped the currency. Can the shared European currency maintain its upward momentum this week? The global situation looks positive for the euro. The good outlook for Japanâs recovery after the earthquake and the tsunami, as well as hope that the danger from the damaged nuclear […]
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March 212011
NZ Dollar Strengthens as Concern About Japanese Crisis Eases
The New Zealand dollar gained today, rising for the third consecutive session versus its US counterpart, as the Japanese specialists are making progress in getting the reactors of the damaged nuclear plant under control. Japan’s Prime Minister Naoto Kan said today that the workers made progress in restoring power to the reactors at the damaged Fukushima Dai-Ichi nuclear plant and that he sees “light at the end of the tunnel” for Japan’s crisis. The MSCI Asia Pacific […]
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March 212011
Yen Falls Further as Intervention Continues
The Japanese yen extended its decline today, falling for the third straight day, as the nations of the Group of Seven continued selling of the yen to weaken the currency. The yen surged earlier as the disaster in Japan spurred demand for safer currencies. The excessively strong currency could pose danger to Japan’s economy, prompting the G7, which consists of the US, Japan, Germany, the UK, France, Canada, and Italy, to intervene. The market participants expect the joint action to have strong impact […]
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March 212011
MetaQuotes Tweaks MT5 Strategy Tester
MetaQuotes added some really nice features to its Strategy Tester tool in the latest build of the MetaTrader 5 platform (build 420). Apart from the usual bug-fixing and some minor changes to the MQL5 coding language, the latest update also presents two completely new but long-awaited features: 3D visualization of the optimization results is a very useful add-on for every trader and EA developer that uses the optimization feature of the MetaTrader Strategy […]
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