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Day: November 9, 2015
November 92015
Hiring Freelancers for Forex Trading Related Coding Jobs
If you have some trading strategy that can be automated or a good idea for a technical indicator, you have two options: first, implement it yourself using MetaTrader or cTrader, or some other platform with custom code support; second, hire someone else to do the work. The first option is out of choice if you do not know how to code. Choosing the second option means that […]
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November 92015
Greenback Consolidates Some of Its Gains
Greenback is consolidating some of its gains, looking to prepare for what many expect to be a strong bull run. While the dollar might be a little lower against some of its major counterparts, like the euro, the greenback is expected to break out at some point in the future. Many expect the US dollar to remain strong overall for quite some time as the Federal Reserve begins to raise rates. A December rate hike is […]
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November 92015
Euro Ekes Out Gain Against Dollar
Euro is eking out gains against the US dollar today, but many are unsure of how long that will last. With policy divergence becoming a bigger expectation, there is speculation that euro could be at parity with the dollar by the end of the year. Euro is mostly lower today against its major counterparts, although it has managed to carve out very small returns against […]
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November 92015
NZD Recovers vs. USD, Gains vs. Other Peers
The New Zealand dollar recovered against its US counterpart today following the big drop on Friday. The currency also rose against its other major rivals. The Zealand dollar has sank together with other currencies against the US greenback on Friday after the release of amazing non-farm payrolls. The kiwi recovered a bit on Monday even though the news from China could have been detrimental to the currency. Now, traders wait […]
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November 92015
Australian Dollar Opens Sharply Lower, Moves Higher Afterwards
The Australian dollar opened sharply lower today following the release of poor trade data from China over the weekend. The Aussie moved higher after the start of trading as economic data from Australia itself was rather positive. While China’s trade surplus reached the record level of $61.64 billion in October, the report was not good at all. The increase of trade excess was a result of the fact that imports were falling faster […]
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