Day: January 14, 2013

January 14
2013

Could Western Governments Be Considering Borrowing in Yuan?

As many Western countries start thinking about how they can borrow more at a lower cost, it might be possible that these governments turn to so-called “panda” bonds. China is looking to the future, and that means that the future might mean borrowing in yuan. Over the course of the last few years, China has been taking steps to become an international player on the world economic stage. A few years ago, […]

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January 14
2013

US Dollar Gains as Risk Aversion Makes Its Appearance

US dollar is gaining ground as risk aversion makes an appearance. Earlier, it appeared that risk appetite was the order of the day, but things have since turned around, and the greenback is gaining ground as Forex traders seek safe haven. Earlier, the euro surged above 1.3400 against the US dollar, representing a high not seen for quite some time. However, since that time, the US dollar has […]

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January 14
2013

Indian Rupee Advances as Inflation Slows

The Indian rupee advanced today as inflation slowed to the lowest level in three years, leading to speculations that capital inflows into the country will increase and demand for the nation’s currency will grow. The Wholesale Price Index was at 7.18 percent for December on an annual basis, slowing from the previous month’s 7.24 percent. That was the lowest level since 2009. Global funds continue to pour money into the country, giving hope that […]

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January 14
2013

Rand Ends Five-Day Drop

The South African rand advanced today after five days of losses on speculations that the drop was overdone and after yield on nation’s debt fell. The yield on the benchmark 10.5 percent bonds maturing in December 2026 fell 8 basis points to 7.09 percent, the lowest close since December 2008. The currency also rallied on the positive market sentiment caused by the last week’s policy statement of the European Central Bank. Previously, the currency was […]

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January 14
2013

Poll: Has Your Strategy Evolved in a Year?

If you have a good trading strategy, you probably won’t change it much. Of course, if you notice something inefficient you would be tempted to fix that and apply some additional checks or revise your position sizing rules, or simply modify your entry parameters. The problem is that the new fix may turn out to be a bigger problem or sometimes even ruin a working system. That […]

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January 14
2013

UltraHosting — Canadian VPS

The first Virtual Private Server hosting company to get listed on our website this year is UltraHosting. They are a rather old Canadian company that is currently offering some VPS plans suitable for Forex traders. However, their only Forex-specific benefit is a pre-installed MetaTrader 4 platform. The company itself was founded back in 1988, but they did not start offering VPS to retail customers […]

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