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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.

Trading is always full of emotions

Because trading is always full of emotions, you must have a trading strategy which includes a set of rules you stick to. This will help protect you from yourself.

software which aims at predicting future trends

While there are a lot of companies who make money by selling software which aims at predicting future trends, the reality is that if this software really worked, these companies would not be giving the secret away.

Trade wisely

There are many beginners who make trades in any direction. While there is a possibility to make profits both on the upside and downside of a trade, trading in the direction of the trend will give you the best chances for success

Invest in a good Forex trading education

The market is always changing and it may be hard to understand and keep up with these changes unless you invest in a good Forex trading education

Wednesday, 29 May 2013

05:15       No comments

German CPI accelerates to 1.5% in May


Consumer price inflation in Germany accelerated more-than-expected in May, official preliminary data showed on Wednesday.

In a report, the German Federal Statistics Bureau said consumer price inflation accelerated at an annualized rate of 1.5% in May, above expectations for a 1.3% increase.

Consumer prices rose by 1.2% in April.

Month-over-month, German consumer prices rose 0.4% in May, compared to forecasts for a 0.2% gain, after falling by 0.5% in the preceding month.

Following the release of the data, the euro was higher against the U.S. dollar, with EUR/USD adding 0.73% to trade at 1.2948.

Meanwhile, European stock markets held on to sharp losses. Germany's DAX tumbled 1.6%, the EURO STOXX 50 dropped 1.4%, France’s CAC 40 retreated 1.5%, while London’s FTSE 100 tumbled 1.6%. 
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