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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.

Wednesday, 24 April 2013

Forex - EUR/USD falls on U.S. data, ongoing talk of ECB rate cut

The euro moved lower against the dollar on Wednesday after U.S. durable goods orders missed expectations, while ongoing talk that the European Central Bank may trim interest rates to kick-start recovery kept the single currency lower. In U.S. trading on Wednesday, EUR/USD was...

Dollar edges higher vs. euro, slips vs. yen

The dollar edged higher against the euro on Wednesday, but slipped against the yen after official data showed that U.S. orders for long lasting manufactured goods fell unexpectedly in March. During U.S. morning trade, the dollar inched up against the euro, withEUR/USD dipping...

U.S. stocks mixed after disappointing data; Dow Jones up 0.03%

U.S. stocks were mixed on Wednesday, after the release of disappointing U.S. durable goods orders data, while expectations for a rate cut by the European Central Bank continued. During early U.S. trade, the Dow Jones Industrial Average inched 0.03%, the S&P 500 index...

More dollar gains ahead

USD:  The market is pretty good at shaking off errant numbers on the durable goods side, with the biggest data surprise over the past year only seeing at most 12-15 pips change in EURUSD in the subsequent half hour of trading. Market looks for partial reversal from...

Forex Trading Signals for 24th April 2013

                                                                                 Japan (Tokyo)                      ...

Dollar higher vs. euro after dismal U.S. durables data

The dollar regained ground against the euro on Wednesday after official data showed that U.S. orders for long lasting manufactured goods fell unexpectedly in March, reinforcing concerns over the global economic outlook. During European afternoon trade, EUR/USD hit...