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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.

Wednesday, 14 August 2013

U.S. stocks slump as pricing data sparks Fed uncertainty; Dow down 0.73%

U.S. stocks fell on Wednesday after wholesale pricing data missed expectations and added to uncertainty as to when the Federal Reserve will begin to scale back stimulus programs. At the close of U.S. trading, the Dow Jones Industrial Average finished down 0.73%, the S&P...

Forex - Dollar slumps on U.S. pricing data, euro zone growth rate

The dollar softened against most major currencies on Wednesday in a lackluster session that saw investors avoid the dollar after soft wholesale pricing data hit the wire and left investors guessing when the Federal Reserve will begin tapering stimulus programs later this year. Stimulus...

Forex - GBP/USD gains on soft U.S. pricing data, solid U.K. jobs report

The pound traded higher against the dollar on Wednesday after U.S. wholesale pricing data came in short of expectations while a U.K. jobs report met market consensus. In U.S. trading on Wednesday, GBP/USD was trading at 1.5512, up 0.41%, up from a session low of...

Dollar erases gains vs. euro, yen in quiet trade

The dollar gave up gains against the euro and the yen on Wednesday after data showed that U.S. producer price inflation slowed in July, raising doubts over when the Federal Reserve may start to phase out is asset purchase program.  During U.S. morning trade, the dollar...

Crude oil futures trim losses after bullish U.S. supply data

Crude oil futures trimmed losses on Wednesday to move off the lowest levels of the session after a report from the U.S. government showed that oil supplies fell more-than-expected last week. On the New York Mercantile Exchange, light sweet crude futures for delivery in September...

Forex - Euro little changed vs. dollar in subdued trade

The euro was little changed against the dollar on Wednesday after official data showed that U.S. producer price inflation slowed in July and a report earlier in the day showing that the euro zone economy returned to growth in the second quarter. EUR/USD hit 1.3239 during...

Forex - GBP/USD holds gains as BoE, U.K. data support

The pound held gains against the U.S. dollar on Wednesday, as the minutes of the Bank of England's latest policy meeting and positive U.K. unemployment data continued to support demand for the greenback.  GBP/USD hit 1.5538 during U.S. morning trade, the pair's...