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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.

Friday, 21 June 2013

U.S stocks end up after volatile week; Dow gains 0.28%

U.S. stocks finished Friday mixed to higher after a volatile week marked by two sessions of heavy losses stemming from growing expectations for the Federal Reserve to begin scaling back stimulus programs in the coming months. Stimulus programs tend to push up stocks as a side...

Forex - Dollar gains as market preps for tapering of Fed stimulus

The dollar extended its broad advance against most major currencies on Friday amid widespread sentiments that the Federal Reserve will soon begin to scale back stimulus programs. Better-than-expected regional factory and housing data in the U.S. on Thursday came a day after...

Fed stand-off

GBP:  The data on government borrowing rarely upsets the pound unless wildly away from expectations.  Sterling still has some underlying support from the better tone to data on the economy. CAD:  Headline inflation is seen moving higher, from 0.4%...

EUR/USD June 21 – Struggling after QE Announcment by Fed

EUR/USD continues to point downward, as the pair tests the 1.32 line. The euro has dropped sharply since Wednesday, as the US Federal Reserve announced that it plans to scale down the current QE program sometime in 2013. There was plenty of...

Forex Analysis: GBP/USD Drops Sharply to Key Support on Dollar Strength

June 20, 2013 – GBP/USD (daily chart) has fallen further on marked dollar strength since the beginning of the week. This decline has brought price down to key support around 1.5400, a major price level that has served as both support and resistance many times in the past....

EUR/USD June 20 – Sharp Drops After Bernanke Says QE Tapering Likely

EUR/USD continues to drop in Thursday trading. The pair dropped over one cent on Wednesday, following remarks by Fed chief Bernard Bernanke that the Fed will likely scale down the current QE program sometime in 2013. The pair continues to...

European stocks remain higher in thin trade; Dax up 0.08%

European stocks remained higher in thin trade on Friday, after positive euro zone data and as market sentiment recovered after sharp losses were fuelled by Federal Reserve Chairman Ben Bernanke's comments on Wednesday. During European afternoon trade, the EURO STOXX 50...

U.S. futures higher on global rebound; Dow Jones up 0.61%

U.S. stock futures pointed to a higher open on Friday, as global markets rebounded after posting heavy losses on Thursday due to comments by Federal Reserve Chairman Ben Bernanke on Wednesday.  Ahead of the open, the Dow Jones Industrial Average futures pointed to a...

Dollar mixed vs. rivals in light trade

The U.S. dollar was mixed against the other major currencies in light trade on Friday, as Thursday's U.S. data painted a mixed picture of the strength of the economic recovery, while questions over the future of the Federal Reserve's stimulus program supported the greenback.  During...

Forex - GBP/USD edges lower despite positive U.K. data

The pound edged lower against the U.S. dollar on Friday, despite positive U.K. data, as the possibility of a near-term end to the U.S. Federal Reserve's stimulus program supported the greenback.  GBP/USD hit 1.5473 during European morning trade, the session low;...

European stocks higher despite Fed jitters; Dax up 0.14%

European stocks were higher in light trade on Friday, although concerns over the future of the U.S. stimulus program following comments by Federal Reserve Chairman Ben Bernanke persisted.  During European morning trade, the EURO STOXX 50 added 0.29%, France’s CAC 40 climbed...

Forex Trading Signal for 21st June 2013

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Crude oil futures rise in subdued trade

Crude oil futures were higher in subdued trade on Friday, as the release of mixed U.S. data on Thursday lessened the impact of Federal Reserve Chairman Ben Bernanke's comments on the future of the bank's stimulus program.  On the New York Mercantile Exchange, light sweet...