The US dollar continues to hold its position of the main Forex news headliner as the FOMC hinted that they consider the inflationary fears are unjustified, offering no plans for credit policy tightening. The greenback fell for the seventh straight day against the euro today and for the first day since Thursday against the pound. Nevertheless, it managed to rise against the Japanese yen and the Canadian dollar as the former still suffers from the negative rating outlook […]
Read moreThe Japanese yen declined against every other Forex-traded currency, including the depreciating US dollar today as the country’s sovereign debt rating outlook was revised by one of the major rating agencies. The Japanese currency managed to fall from the monthly high against the greenback and traded near 30-month low against the Swiss franc today after the Standard & Poor’s decided to alter the outlook for the Japan’s government credit rating from “stable” to “negative”. […]
Read moreAmong other useful changes and bugfixes, MetaTrader 5 update to build 439 introduced two completely new features and one good old feature back from MT4: MQL5 Market is an App Store of MetaTrader — you can buy (or get for free) expert advisors, scripts and indicators developed by other traders and MQL coders. Currently there are only 6 applications that serve mostly demonstrative purpose. Five are […]
Read moreThe dollar fell against the euro today after the FOMC released its monetary policy statement showing that the stimulus bond-buying program will end on schedule, but the low borrowing costs will last for an “extended period”. EUR/USD was declining during the day before the release came out and paid little attention to two other reports today. The currency pair is now trading near 1.4727. Durable goods orders increased […]
Read more