Pages

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, 20 June 2013

U.S stocks nosedive as data points to end of stimulus; Dow drops 2.34%

U.S. stocks plummeted on Thursday after regional U.S. manufacturing data and housing numbers beat expectations a day after Federal Reserve Chairman Ben Bernanke said stimulus measures may wind down this year and end next year if the economy improves. Stimulus programs tend...

Forex - Dollar gains as data points to eventual tapering of Fed stimulus

The dollar rose against most major currencies on Thursday after better-than-expected regional factory and housing data in the U.S. prompted investors to speculate that the Federal Reserve may soon scale back stimulus measures. Monetary stimulus tools such as the Fed's monthly...

Forex - GBP/USD hovers lower in choppy trading, U.S. data weigh

The pound weakened against the dollar in choppy trading on Thursday after better-than-expected regional factory data in the U.S. fanned already growing expectations that monetary stimulus programs will fade out soon and allow the greenback to strengthen over the long term. Monetary...

Gold plunges to near 3-year lows on surging Philly Fed index

Gold prices hit lows not seen since September of 2010 in U.S. trading on Thursday after a manufacturing gauge for the Philadelphia area of the U.S. beat expectations and strengthened the dollar, which tends to trade inversely with gold. On the Comex division of the New York...

Forex - EUR/USD drops as regional U.S. manufacturing gauge surges

The euro fell against the dollar on Thursday after a manufacturing barometer for the Philadelphia area of the U.S. grew at its fastest pace since April 2011 and cemented expectations that monetary stimulus programs may soon unwind. Federal Reserve Chairman Ben Bernanke has...

Natural gas futures tumble 2% after U.S. supply data

Natural gas futures extended losses on Thursday, falling to the lowest level of the session after a report from the U.S. Energy Information Administration showed that natural gas supplies rose more-than-expected last week. On the New York Mercantile Exchange, natural gas...

U.S. futures lower on Fed jitters, data ahead; Dow Jones down 0.70%

U.S. stock futures pointed to a lower open on Thursday, ahead of the release of U.S. data later in the day, as comments by Federal Reserve Chairman Ben Bernanke weighed heavily on risk sentiment.  Ahead of the open, the Dow Jones Industrial Average futures pointed to a...

Dollar extends gains as Fed signals end to easing

The dollar extended gains against the other major currencies on Thursday after the Federal Reserve said it could start scaling back its bond buying program by the end of the year. During European late morning trade, the dollar rallied against the yen, with USD/JPY surging...

Gold futures extend losses, down 6% to hit USD1,290 a troy ounce

Gold futures extended heavy losses to trade at the lowest level since September 2010 on Thursday, after the Federal Reserve said it could start scaling back its bond buying program by the end of the year. On the Comex division of the New York Mercantile Exchange, gold futures...

Forex Trading Signal for 20th June 2013

                                                                              ...