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Day: May 10, 2016
May 102016
Server-Side Trailing Stop via cTrader
Spotware Systems continues to improve its retail Forex trading software — cTrader. Recently, a very interesting new feature has been added to the platform — server-side trailing stop-loss. It may sound small but it is a huge deal in fact. In MetaTrader, trailing stop is executed on the client’s side — inside the platform. Even if a trader uses some sort of expert advisor to trail the stops, it still requires the computer […]
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May 102016
Swiss Franc Drops as Unemployment Rate Rises
The Swiss franc fell against the US dollar and the euro today. One of the possible reason for the drop was the increase of the unemployment rate. The Swiss unemployment rate rose from 3.4% to 3.5% in April according to the State Secretariat for Economic Affairs. The news fueled speculations that the Swiss National Bank will continue attempts to weaken the franc. Yesterday, the Swiss Federal Statistical Office reported that monthly consumer inflation remained at 0.3% last month, […]
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May 102016
Australian Dollar Rises on China’s Data
The Australian rose today with the help of relatively decent economic reports from China. China’s consumer annual inflation remained at 2.3% in April, unchanged from the previous month and in line with expectations. The Producer Price Index continued to fall but with slower pace, dropping 3.4% last month (year-on-year) after declining 4.3% the month before. The reports gave hope that the economy of the Australia’s biggest trading partner is stabilizing. […]
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May 102016
Sterling Sees Advantage in Currency Trading
UK pound is seeing an advantage today, heading higher against its major counterparts. For the most part, however, gains by the sterling are more about other currencies’ weaknesses than the pound’s strength. There is still plenty of uncertainty to go around with regard to the UK pound. Sterling is higher against other major currencies, eking out gains after a rough few days. The UK pound is seeing […]
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