- December 21, 2020 Do we get tax benefits on Personal Loan?
- December 18, 2020 The solicitors Preston depends on for stress-free compensation claims
- December 16, 2020 eToro: History and Key Features
- December 11, 2020 Canadian Dollar Pauses 2020 Rally Against US Peer Amid Falling Crude Prices
- December 11, 2020 Pound Crashes Against Dollar As No-Deal Brexit Appears Imminent
- December 11, 2020 USD/JPY 104.57 High Starting a New Bearish Leg?
Author: admin_mm
January 42008
EUR/USD Soars on Disastrous Employment Data
EUR/USD showed a growth of more than 100 pips in one hour immediately after the employment data from the United States were released today. While trading flat and even falling a little during the day, EUR/USD broke through its own record level setting a new historical maximum to 1.4824. Nonfarm payrolls growth was expected to fall from 94k in November to 70k in December, but the released data was a real […]
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January 32008
MetaTrader History Data Importing and Converting Tutorial for Quality Backtesting
Backtesting MetaTrader expert advisors on historical data is a good way to test a strategy. But testing on the limited data supplied with MT4 installation gives a very poor quality of testing (usually below 50%). So, how to achieve a 90% quality in backtesting of MT4 expert advisors? It’s not that hard really, just follow this simple tutorial and you will able to test any MetaTrader EA. 1. Download […]
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January 32008
Chinese Yuan at a Highset Rate against Dollar
According to the China Foreign Exchange Trading System, the dollar/yuan central parity rate was set at its record low since the scrap of peg to dollar – 7.2775; down from 7.2996 previous recent record level. Chinese government eliminated the yuan’s peg to the U.S. dollar and bound the national currency to trade-weighted basket of the […]
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January 22008
Aussie and Kiwi Gain on Higher Yields
Both Australian and the New Zealand dollars gained today on a presumption that the international investors bought Australia’s and New Zealand’s government bonds as their premiums yield more than their U.S. and Japanese counterparts. Yield differentials have been the major advantages of Aussie and kiwi for quite a while now. But yesterday and today the difference between Australian and U.S. two-year government notes reached the highest value in about four years, while New […]
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December 312007
Sudan Moves to Euro
The Central Bank of Sudan announced through circular (sent to Sudanese banks last Thursday) that starting from 2008 it will be denominating all currency accounting in euro instead of U.S. dollar. Central bank also informed other national banks that they are advised to stop using dollars and move to euro too. In their opinion, it […]
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December 312007
Happy Trading in 2008!
Soon the New 2008 Year will come and I just want to wish you a happy Forex/CFD/Stocks trading in the next year. Earn more than you’ve got in 2007, learn new strategies and open new opportunities on the Forex market! Never stop at what you’ve already mastered and you will find your own financial freedom!
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December 302007
Dollar is Losing Positions – IMF
The International Monetary Fund‘s report, released this Friday, shows that the specific part of U.S. dollar in world’s foreign currency reserves fell significantly in 2007. The U.S. dollar is losing its position as the international reserve currency giving it up to euro and Great Britain pound. In 2007 Q3 the dollar’s share in the Forex reserves was at 63.8%, it was 65.0% in the second quarter this year and it was 66.5% in third […]
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December 302007
Forecast for 2008 Forex, Oil, Interest Rates
OK, the New Year is coming close and as this year is ending it’s about time to try to forecast the future of the Forex market (and some other factors that influence Forex) for the year 2008. My last forecast (for 2007) didn’t get its own post on this blog, but I must admit that it was a disastrous attempt — I thought that dollar will start to grow and it lost more than 10% […]
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December 292007
Forex Technical Analysis for 12/3101/04 Week
EUR/USD trend: hold.GBP/USD trend: hold.USD/JPY trend: hold.EUR/JPY trend: hold. Floor Pivot Points: Pair 3rd Sup 2nd Sup 1st Sup Pivot 1st Res 2nd Res 3rd Res EUR/USD 1.4123 1.4245 1.4484 1.4606 1.4845 1.4967 1.5206 GBP/USD 1.9532 1.9642 1.9803 1.9913 2.0074 2.0184 2.0345 USD/JPY 109.13 110.71 111.50 113.08 113.87 115.45 116.24 EUR/JPY 160.92 162.33 163.84 165.25 […]
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December 292007
ZAR Gains at Fastest Pace Since October
South African national currency, rand, showed this week a highest gain against U.S. dollar since October, based on a high probability that the South African Reserve BanSouth African Reserve Ban will increase the benchmark interest rate again after the inflation continued to grow. The rand also gained significantly against Japanese yen, its major carry trade counterpart. With the hawkish intentions of the South African central bank […]
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