Day: February 6, 2017

February 6
2017

EUR Trims Decline vs. USD & GBP, Keeps Losses vs. JPY & CHF

The euro fell against the US dollar and the Great Britain pound on Monday but has trimmed its losses by now. The currency fared worse versus the Swiss franc and the Japanese yen, keeping its big losses. There were plenty of reasons for the euro’s decline. One of them is political uncertainty in Europe ahead of this year’s elections. In particular, France is preparing for presidential elections in April, and far-right National Front leader Marine […]

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February 6
2017

EUR Trims Decline vs. USD & GBP, Keeps Losses vs. JPY & CHF

The euro fell against the US dollar and the Great Britain pound on Monday but has trimmed its losses by now. The currency fared worse versus the Swiss franc and the Japanese yen, keeping its big losses. There were plenty of reasons for the euro’s decline. One of them is political uncertainty in Europe ahead of this year’s elections. In particular, France is preparing for presidential elections in April, and far-right National Front leader Marine […]

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February 6
2017

Free Order Management EA with a Graphic Control Panel

I remember myself during my early Forex years, sitting on a bunch of positions across five or six currency pairs and thinking — how do I make them all close at once when their total profit reaches my target? Now, I have developed a tool that does exactly that. I am pleased to announce the launch of what I believe to be one of the most productive and efficient instruments for MetaTrader platform — Account Protector. Have you ever […]

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February 6
2017

US Dollar Moves Higher Against Euro Following Draghi’s Dovish Comments

The US dollar rose against the euro and a basket of other major peers on Monday, as investors expected the greenback to get closer to parity with the shared currency. European Central Bank President Mario Draghi made a statement today that delivered a dovish outlook for the central bank’s monetary policy. The US currency managed to rise despite uncertainty towards President Donald Trump, as a number of decisions he made raised concerns towards geopolitical stability […]

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February 6
2017

US Dollar Moves Higher Against Euro Following Draghi’s Dovish Comments

The US dollar rose against the euro and a basket of other major peers on Monday, as investors expected the greenback to get closer to parity with the shared currency. European Central Bank President Mario Draghi made a statement today that delivered a dovish outlook for the central bank’s monetary policy. The US currency managed to rise despite uncertainty towards President Donald Trump, as a number of decisions he made raised concerns towards geopolitical stability […]

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February 6
2017

GBP/USD Trades Lower Based on Brexit Uncertainties, Later Recovers

The GBP/USD lost significant ground in the early hours of the North American session as the US dollar gained strength and traded higher than in the previous session. The British pound weakened significantly against the US dollar after an announcement from Theresa May’s office indicated that her government was committed to its Brexit agenda. The currency pair lost over 50 points at the height of its decline, but has so far recovered and is […]

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February 6
2017

GBP/USD Trades Lower Based on Brexit Uncertainties, Later Recovers

The GBP/USD lost significant ground in the early hours of the North American session as the US dollar gained strength and traded higher than in the previous session. The British pound weakened significantly against the US dollar after an announcement from Theresa May’s office indicated that her government was committed to its Brexit agenda. The currency pair lost over 50 points at the height of its decline, but has so far recovered and is […]

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