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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.

Thursday, 22 August 2013

Dollar erases gains vs. euro, remains supported

The dollar erased gains against the euro on Thursday following better-than-forecast euro zone PMI data, but remained supported after July’s Federal Reserve minutes reinforced expectations that the bank is on track to start tapering this year. During U.S. morning trade, the...

Forex - Euro trims losses against dollar

The euro trimmed losses against the dollar on Thursday, as better-than-forecast euro zone data buoyed the single currency, but the dollar remained supported after July’s Federal Reserve minutes indicated that the bank is on track to start tapering this year. EUR/USD pulled...

Gold futures spike to session high after U.S. jobless claims data

Gold futures reversed earlier losses to hit the highest levels of the session on Thursday, after data showed that the number of people who filed for unemployment assistance in the U.S. rose more-than-expected last week. Prices came under pressure earlier in the day after...

Dollar off highs after rise in U.S. jobless claims

The dollar came off highs against the other major currencies on Thursday after data showing that U.S. initial jobless claims rose more-than-expected last week sparked profit taking following the dollar’s gains earlier in the session. During European afternoon trade, the dollar...

U.S. initial jobless claims rise by 13,000 to 336,000 last week

The number of people who filed for unemployment assistance in the U.S. rose more-than-expected last week, after hitting the lowest level since October 2007 in the preceding week, official data showed on Thursday.  In a report, the U.S. Department of Labor said the number...

Forex - GBP/USD at 1-week lows ahead of U.S. data

The pound fell to one-week lows against the stronger dollar on Thursday after the minutes from the Federal Reserve’s latest meeting indicated that the bank is on track to start scaling back stimulus later this year. GBP/USD hit 1.5562 during European afternoon trade,...

Forex - EUR/USD lower but euro zone data supports

The euro was lower against the broadly stronger dollar on Thursday, following the minutes of the Federal Reserve’s latest meeting, but the euro’s losses were held in check by better-than-expected euro zone PMI data. EUR/USD hit 1.3298 during European afternoon trade,...