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Develop a habit of reviewing and analyzing

Develop a habit of reviewing and analyzing your good and bad trades. Then you will have a much better sense of what will work best in your future trades.

Thursday, 31 October 2013

U.S. stocks dip as market recalibrates Fed expectations; Dow slips 0.47%

U.S. stocks dipped on Thursday as investors jumped to the sidelines to ponder when the Federal Reserve will begin unwinding its USD85 billion monthly bond-buying program, which boosts equity prices by driving down borrowing costs. At the close of U.S. trading, the Dow Jones...

Forex - Dollar gains on surging Chicago manufacturing gauge

The dollar firmed against most major currencies on Thursday data revealed that manufacturing activity in the Chicago region expanded at its fastest rate in 30 years in October. In U.S. trading on Thursday, EUR/USD was down 1.14% at 1.3579. Data released earlier revealed...

Forex - GBP/USD dips on U.S. factory data, U.K. home sales support

The pound softened against the dollar on Thursday after a regional manufacturing barometer in the U.S. blew past expectations, though better-than-expected U.K. home sales figures cushioned the pound's losses. In U.S. trading on Thursday, GBP/USD was trading at 1.6032, down...

Forex - Euro lower vs. firmer dollar after Fed

The euro was lower against the firmer dollar on Thursday after the Federal Reserve was less dovish than expected on the economic outlook, fuelling speculation that it could start scaling back stimulus sooner than expected. EUR/USD hit 1.3689 during European morning trade, the...

European stocks decline after downbeat German data; Dax down 0.20%

European stocks were lower on Thursday, after the release of downbeat German economic reports and as the Federal Reserve gave no clear indication on when it plans to scale back its stimulus program.  During European morning trade, the EURO STOXX 50 edged down 0.15%, France’s...

Wednesday, 30 October 2013

Forex Trading Signal for 31st October 2013

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Asian stocks mixed after Fed, regional data; Nikkei up 0.09%

Asian stocks were mixed during Thursday’s session amid a spate of regional data points and a lackluster response by U.S. stocks to commentary out of the Federal Reserve Wednesday.  In Asian trading Thursday, Japan’s Nikkei 225 rose 0.09% after the Japanese Ministry...

Forex Trading Signal for 30,th October 2013

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Forex Trading Signal for 29th October 2013

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Bond yields fall to six-month low as Italy sells 10-year debt

Italy saw borrowing costs fall to the lowest level since April at an auction of ten-year government bonds on Wednesday, amid easing concerns over the country’s economic outlook.  Italy’s Treasury sold EUR3 billion worth of ten-year debt at an average yield of 4.11%,...

Dollar steady before Fed meeting

The dollar was trading in narrow ranges against the other main currencies on Wednesday as investors awaited the outcome of the Federal Reserve’s latest policy meeting later in the trading day. During European morning trade, the euro inched higher against the dollar, with...

Monday, 28 October 2013

U.S. stocks end mixed as market awaits Fed decision; Dow dips 0.01%

U.S. stocks finished Monday mixed as investors avoided equities ahead of the Federal Reserve's Wednesday announcement on monetary policy, while spotty quarterly earnings and economic indicators also kept market participants on the sidelines. At the close of U.S. trading,...

Forex - Dollar firms on U.S. industrial output data, eyes Fed meeting

The dollar rose against most major currencies on Monday after industrial production data beat expectations though gains were limited as investors remained camped on the sidelines to await the Federal Reserve's decision on monetary policy on Wednesday. In U.S. trading...

Forex - GBP/USD dips as market applauds U.S. industrial output data

The pound edged lower against the dollar on Monday after official data revealed activity in U.S. factories, mines and utilities was stronger in September than many were guessing. In U.S. trading on Monday, GBP/USD was trading at 1.6158, down 0.06%, up from a...