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Day: January 20, 2014
January 202014
NZ Dollar Dips on Chinese Data, Recovers
The New Zealand dollar fell today on poor economic data from China but was able to rebound and is currently trading near the opening level against the Japanese yen and above the opening versus the US dollar. The kiwi fell today as data from China, the major New Zealand’s trading partner, was disappointing. The currency also weakened after a report about an earthquake in the South Pacific country, which was strong but […]
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January 202014
Yuan Falls as Economic Indicators Disappoint
The Chinese yuan fell as several important economic indicators released today were worse than previous reports, fueling concerns about slowing growth of the Asian economy. According to the National Bureau of Statistics of China, growth of China’s gross domestic product slowed from 7.8 in the third quarter of 2013 to 7.7 percent in the fourth quarter. Expansion of industrial production decreased to 9.7 percent in December from 10.0 percent a month ago. Retail sales […]
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January 202014
Did You Make Any Profit in Forex in 2013?
This year was not very successful for my trading performance. Out of 19 FX and commodities trades that I have executed only 4 have been profitable, while the other 15 have been losses. I have recorded a loss of 8.8% this year, with a rather big part of profit originating from my trade in silver rather than in Forex. Obviously, it is not a good result, especially compared to my last year’s […]
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