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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.

Monday, 5 August 2013

Dollar off lows vs. yen after ISM report

The dollar pulled away from session lows against the yen on Monday and hit session highs against the euro after data showed that activity in the U.S. services sector expanded at the fastest rate in five months in July. During U.S. morning trade, the dollar retreated from session...

Forex - GBP/USD remains moderately higher after upbeat ISM report

The pound remained moderately higher against the U.S. dollar on Monday, after the release of an upbeat U.S. service sector report, although strong U.K. data continued to support demand for sterling.  GBP/USD hit 1.5378 during U.S. morning trade, the pair's highest...

Dollar broadly lower after U.S. jobs data, pound gains

The dollar was broadly lower against the other major currencies on Monday as Friday’s weaker-than-forecast U.S. jobs data dampened expectations that the Federal Reserve will soon start to unwind its asset purchase program. During European morning trade, the dollar fell to session...

U.K. services PMI jumps to 60.2 in July, highest since December 2006

Service sector activity in the U.K. expanded at the fastest rate since December 2006 last month, fuelling optimism over the country’s economic outlook, industry data showed on Monday. In a report, market research group Markit said the seasonally adjusted Markit/CIPS Services...

European stocks higher after Spain, China PMIs; Dax up 0.25%

European stocks were higher on Monday, supported by positive service sector data out of Spain and China, while European Central Bank President Mario Draghi's comments from last week continued to support.  During European morning trade, the EURO STOXX 50 edged up 0.25%,...