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Day: December 24, 2015
December 242015
Another Expert Advisor to Trade the News
A way to celebrate Christmas and the New Year for me is to share something with other traders. Years ago, I have uploaded Amazing EA for MT4 that was coded by someone calling himself FiFtHeLeMeNt. Five years ago, I have converted it to MT5. That expert advisor is rather bulky and does not reflect the current state of the Forex market — ultra-high volatility during news releases. That is why today, […]
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December 242015
South Korean Won Gains on Dollar & Euro
The South Korean won gained against the US dollar and the euro during the current trading session with the help of domestic fundamentals that were relatively supportive to the currency. The Consumer Confidence decreased slightly to 103 in December from 106 in November, but remained in positive territory for the fifth month. South Korean GDP received a positive revision for its growth in third quarter both from the previous quarter and from the previous year. As a result, the won […]
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December 242015
Vietnamese Dong Flat as Inflation Accelerates
The Vietnamese dong was little changed against the US dollar and fell versus the euro today after consumer inflation accelerated this month and the interbank rate of the nation’s central bank increased. Vietnam’s annual inflation accelerated to 0.6 percent in December, up from 0.34 percent in November, but was nowhere near the central bank’s target of 5 percent. Meanwhile, core inflation actually slowed to 1.69 percent this month from […]
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December 242015
Euro Ends Three-Day Rally vs. Dollar & Yen
The euro dropped on Wednesday as economic data released from the countries of the eurozone was not particularly supportive for the currency, breaking its three-day rally versus the US dollar and the Japanese yen. French gross domestic product expanded at the annual rate of 1.1 percent in the third quarter of 2015 according to the final estimate while economists had expected it to be the same as the preliminary reading of 1.2 percent. Also released from France, the consumer spending […]
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