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Day: September 14, 2015
September 142015
Franc Shows Good Performance Despite Swiss Data
The Swiss franc was flat versus the US dollar and rose against the euro even though macroeconomic data released from Switzerland on Monday was in no way supportive for the currency. Swiss Producer Price Index dropped 0.7 percent in August compared to the drop of 0.4 percent anticipated by most market participants. Retails sales were down 0.1 percent in July from a year ago, frustrating analysts who had predicted a 1.5 […]
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September 142015
Australian Dollar Goes Higher on Monday
The Australian dollar was higher on Monday following the mixed China’s data released over the weekend and ahead of tomorrow’s minutes of Australia’s central bank minutes. The Australian dollar was rising for three consecutive sessions against the US dollar and for six sessions versus the Japanese yen. The rally may end, though, if the minutes of the Reserve Bank of Australia hints at possibility of an interest rate cut next month. This month, the RBA refrained from […]
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September 142015
How Often Do You Look at the Charts?
It appears that currency traders’ predisposition to monitor charts varies significantly. Some build enormous trading stations with several monitors to constantly keep an eye on multiple charts at once, while others tend to move their trading terminal away to some remote VPS in order to preserve their peace of mind. Such traders start feeling anxious about their trades when they switch to frequent chart-checking. Forex traders […]
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