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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, 18 September 2013

Forex - Dollar drops as Fed leaves stimulus program unchanged

The dollar plummeted against most major currencies on Wednesday after the Federal Reserve said it was making no changes to its USD85 billion monthly bond-buying program. Many investors were expecting the U.S. central bank to trim the amount of bonds it purchases a month at...

Forex - GBP/USD soars as Fed holds off on tapering stimulus

The pound shot up to eight-month highs against the dollar on Wednesday after the Federal Reserve left interest rates unchanged and surprised many by keeping its USD85 billion monthly bond-buying program in place as well. Many market watchers were expecting the Fed to announce...

Federal Reserve leaves rates unchanged, holds off on tapering stimulus

The Federal Reserve on Wednesday left its key benchmark lending target, the fed funds rate, unchanged at 0.25% and kept its USD85 billion monthly asset-purchasing program in place.  The Fed said the economy was showing signs of improvement though it still faced enough...

Dollar lower vs. yen ahead of Fed, BoE minutes lift pound

The dollar slipped lower against the yen on Wednesday ahead of the Federal Reserve’s much anticipated policy decision later in the day, while the pound was boosted higher following the release of the Bank of England’s September meeting minutes.During European late morning trade,...

GBP/USD hits fresh 8-month highs after BoE minutes, Fed ahead

The pound rose to fresh eight-month highs against the dollar on Wednesday after the latest Bank of England minutes showed that no policymakers believed more stimulus is necessary at present, while investors awaited the outcome of this week’s Federal Reserve meeting later in...

Silver futures trade at 5-week low amid Fed taper expectations

Silver futures fell to the lowest level in five-weeks on Wednesday, as investors looked ahead to the conclusion of the Federal Reserve’s policy meeting, with many traders expecting the central bank to start tapering the scale of its bond-buying program. On the Comex division...

European stocks steady in cautious trade ahead of Fed; Dax up 0.02%

European stocks were little changed on Wednesday, as investors eyed the Federal Reserve's highly anticipated monetary policy statement, expected later in the trading session.  During European morning trade, the EURO STOXX 50 eased up 0.02%, France’s CAC 40 inched...