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Day: April 21, 2015
April 212015
Australian Dollar Falls After RBA Minutes, Drop Limited
The Australian dollar dropped today after the release of minutes from the Reserve Bank of Australia, though the decline was rather limited. The Aussie even managed to gain on the Japanese yen. The minutes of the latest RBA policy meeting confirmed that the central bank considers lowering interest rates further on the future gatherings: The Board judged that it was appropriate to hold interest rates steady for the time being, while accepting that further easing […]
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April 212015
Fundamental Factors Negative for Canadian Dollar
The Canadian dollar dropped today as fundamentals were unfavorable to the currency. Among the negative factors were domestic macroeconomic data, the general market sentiment and the drop of crude oil. Canadian wholesale sales fell 0.4 percent in February even though experts have promised a 0.2 percent increase. It was the second month of decline after the big drop by 2.9 percent in January. The general market sentiment was also negative for the loonie as concerns […]
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April 212015
Euro Falls as Concerns About Greece Continue
Euro continues to struggle in currency trading on the FX market as worries about Greece continue to dominate the landscape. Even with the good news expected out of Germany, the problems with Greece overshadow the entire eurozone. Good news is expected out of Germany today, with the ZEW expected to confirm the idea that the eurozone economy is headed for recovery. Analysts believe that the worst of the eurozone crisis really is over, and that is […]
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April 212015
Instant Execution vs. Market Execution
As you probably know, there are two kinds of orders in MetaTrader platform: pending orders and market orders. Pending orders can be either limit or stop and will be executed when the price reaches some predefined level. Market orders can be either of instant execution or of market execution. The execution type is set by a Forex broker and cannot be modified by a trader. Instant Execution When the instant execution is […]
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