- December 21, 2020 Do we get tax benefits on Personal Loan?
- December 18, 2020 The solicitors Preston depends on for stress-free compensation claims
- December 16, 2020 eToro: History and Key Features
- December 11, 2020 Canadian Dollar Pauses 2020 Rally Against US Peer Amid Falling Crude Prices
- December 11, 2020 Pound Crashes Against Dollar As No-Deal Brexit Appears Imminent
- December 11, 2020 USD/JPY 104.57 High Starting a New Bearish Leg?
Day: July 15, 2011
July 152011
S&P Warn About Possible Downgrade of US Rating, USD Down
The US dollar erased its gains today and posted the biggest weekly decline in three months after Standard & Poor’s warned that it may cut the US credit rating as the US lawmakers can’t agree on the nation’s debt ceiling. S&P expressed its concerns about the situation in the US: Since we revised the outlook on our ‘AAA’ long-term rating to negative from stable on April 18, 2011, the political debate about […]
Read more
July 152011
Canadian Dollar Looks More Attractive After EU Stress Tests
The Canadian dollar advanced today against all 16 most-traded currencies after eight banks in the European Union failed the stress tests, increasing concerns about the EU financial system. The stress tests were performed for the first time this year after last year the European Banking Authority was criticized for their tests being too easy to pass. Eight banks failed the tests with a total capital deficit of â¬2.5 billion. […]
Read more
July 152011
RTATC2011 — Day 6 — Position/Order Volume Limits
The modification of the EA to make it multi-currency was a tough job and resulted in a heavily modified code of my MT5 expert advisor. Today, I’d like to turn my head to a less complicated yet very important issue — proper position sizing in the ATC EAs. The Problem The ATC 2011 rules state: The minimum trading amount is 0.01 lots, and the maximum is 5 lots, with an increase by 0.01 lot on every order. … The maximum combined […]
Read more
July 152011
Weakening US Economy Can’t Help EUR/USD Stop Decline
EUR/USD fell today for the second day as Fitch Rating downgraded Greece’s credit rating yesterday, increasing worries about the debt crisis in Europe. The current performance of the currency pair is result of a weak euro, not a strong dollar. The US currency isn’t supported by fundamentals as virtually all economic reports today were negative. EUR/USD currently trades near 1.4122. CPI fell 0.2% in June, following the advance by 0.2% in May. Analysts […]
Read more
July 152011
AUD Fall with Stocks & Commodities on Concerns for Global Growth
The Australian dollar fell today, heading for the second weekly loss against the US dollar and the Japanese yen, as stocks and commodities declined on concerns that problems in the US and Europe will have negative impact on the global growth. The MSCI Asia Pacific index of regional shares was little changed today, while it dropped 2 percent over this week, following three weeks of gains. The Thomson Reuters/Jefferies CRB Index of commodities slipped […]
Read more
July 152011
India’s Rupee Fall on Debt Problems in US & Europe
Asian currencies, including the Indian rupee, fell today on concerns that the debt issues in the US and Europe will threaten the global economic growth. Martin Feldstein, a former president of the US National Bureau of Economic Research, said that Greece will face default on its debt and Portugal together with Ireland are likely to experience the similar fate. Treasury Secretary Timothy F. Geithner warned US lawmakers that the deadline to raise […]
Read more