The Australian dollar continued falling on Friday to extend its weekly loss. The currency remained vulnerable to concerns that the Australian economy could be negatively affected by new Trade policies in the USA following Donald Trumpâs presidency. Traders are waiting for more decisive signals on wither Trumpâs promised plans of changing or renegotiating the US trade agreements with Australia and a number of other countries are still in place. Hints regarding the probability of these […]
Read moreIt is time to release another version of Position Size Calculator indicator. It has some important bugs fixed and also adds new exciting features, including two new tabs. The complete list of changes is provided below. The Balance button on the Main tab now has a third state: Balance − CPR. It shows the current account balance less the current portfolio risk (taken from the Risk tab). […]
Read moreThe Great Britain pound remained strong today, rising for third day in a row against the US dollar and the euro and for the fourth consecutive session versus the Swiss franc and the Japanese yen. While most other currencies were hit by the news about Donald Trump winning the US presidential elections and has started a recovery just now, the sterling was never bothered by the news too much. The reason for that is the High Court’s ruling that […]
Read moreThe Japanese yen traded either flat or higher against its major peers today as markets moved past the US elections and started to look at other fundamentals. Today’s economic reports released from Japan were not good per se, but at least they were within expectations, thus did not hurt the currency much. While yesterday the Japanese currency was very weak, today it feels a lot better […]
Read moreThe dollar is set to end a volatile week on Friday following an impressive rise over the past two days. The US currency maintained most of its gains against the Japanese yen and the euro. While the Chinese yuan continued to decline against the dollar on expectations that emerging markets could suffer from Donald Trumpâs protectionist approach. The newly elected president helped calming down investorsâ worries with his victory speech. The general […]
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