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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.

Tuesday, 18 June 2013

U.S stocks gain on talk Fed stimulus to stay; Dow gains 0.91%

U.S. stocks rose on Tuesday after the Federal Reserve kicked off a two-day monetary policy meeting, with many investors betting the U.S. central bank will keep stimulus measures in play in wake of soft inflation data. At the close of U.S. trading, the Dow Jones Industrial Average...

Forex - Dollar holds steady ahead of Fed meet, data softens slightly

The dollar traded steady to lower against most major currencies on Tuesday as investors jumped to the sidelines ahead of the Federal Reserve's announcement on interest rates and monetary policy on Wednesday. Inflation data released earlier largely met expectations though...

Forex Trading Signal for 18th June 2013

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Forex - GBP/USD drops despite U.S. inflation data, eyes Fed meet

The pound slumped against the dollar on Tuesday despite spotty inflation data out of the U.S., as investors remained camped out in the dollar ahead of the Federal Reserve's Wednesday statement on interest rates and monetary policy. In U.S. trading on Tuesday, GBP/USD was...

Stronger sterling

GBP:  Last month saw some fairly good CPI numbers, the headline rate falling to 2.4%. There were several one-off factors contributing to this, which are likely to unwind this month. The market expects an increase to 2.6%.  A reading stronger than this could offer...

German ZEW economic sentiment improves to 38.5 in June

German economic sentiment improved more-than-expected in June, easing concerns over the impact of the euro zone’s debt crisis on the region’s largest economy, industry data showed on Tuesday. In a report, the ZEW Centre for Economic Research said that its index of German economic...

Forex - GBP/USD off session lows after U.K. CPI data

The pound pulled back from session lows against the dollar on Tuesday after official data showed that consumer inflation in the U.K. rose more than expected in May. GBP/USD pulled back from 1.5663, the pair’s lowest since Friday, to hit 1.5682 during European morning trade,...

Silver futures seesaw in rangebound trade ahead of Fed meeting

Silver futures swung between small gains and losses in rangebound trade on Tuesday, as investors stuck to the sidelines ahead of the outcome of the Federal Reserve’s keenly anticipated policy meeting on Wednesday. On the Comex division of the New York Mercantile Exchange,...

Dollar rises vs. yen, gains capped ahead of Fed

The dollar pushed higher against the yen on Tuesday and was trading in a tight range against the other major currencies as markets positioned ahead of the Federal Reserve’s policy statement on Wednesday. During European morning trade, the dollar gained ground against the...