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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, 30 January 2014

Dollar gains on robust U.S. growth data

The greenback firmed against most major currencies on Thursday after the U.S. reported its economy grew at a healthy pace in the fourth quarter of last year. In U.S. trading on Thursday,EUR/USD was down 0.85% at 1.3547. The dollar rallied after the Commerce Department...

Forex - Emerging market currency selloff deepens after Fed

The selloff in emerging market currencies showed no signs of easing on Thursday, after the Federal Reserve announced further cuts to stimulus, while a slowdown in Chinese factory activity also heightened risk aversion. Emerging economies such as Turkey and South Africa...

Taper 2: Fed announces $10 billion taper – USD advances

The FOMC announced a second taper of another $10 billion as expected, with $5 billion coming down from treasuries and $5 billion from MBS. Despite the weak Non-Farm Payrolls, the US economy seems to be on track, continuing its slow and steady recovery. The rout in emerging...

European stocks open lower after China data, Fed taper; Dax down 0.1%

European stock market were lower after the open on Thursday, after the Federal Reserve announced plans to further taper stimulus and following the release of disappointing Chinese manufacturing data. During European morning trade, the EURO STOXX 50 fell 0.25%, France’s CAC...

Forex Trading Signal for 30th January 2014

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