Archive for September, 2007
Friday, September 28th, 2007
Over the past month, the value of the US dollar has fallen significantly with the once mighty greenback dropping to a record low against the Euro and a 31 year low against the Canadian dollar. For currency traders, the dollar’s weakness has provided plenty of opportunities, but for the average ...
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Friday, September 21st, 2007
Fed Chairman’s Bernanke made a speech in front of the U.S Congress saying that the credit crisis has created a “significant market stress”, but reassured that regulators would take steps to curb fallout due to the mortgage crisis.
This happened after the US market continued to witness a further deterioration. The USD ...
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Monday, September 17th, 2007
One of the strongest signals generated by technical indicators is MACD divergence on a daily chart. MACD stands for Moving Average Convergence/Divergence and can be quite useful for giving hints of a possible market reversal.
We calculate this indicator by generating a 12 period Exponential Moving Average and a 26 period ...
Posted in Forex Education | 1 Comment »
Friday, September 7th, 2007
The forex market maybe open 24 hours a day like a Super Wal-Mart, but that doesn’t mean it’s always active the whole day. You can make money when the market moves up, and you can make money when the market moves down. However, when the market doesn’t move at all, ...
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Monday, September 3rd, 2007
The Euro Zone manufacturing Purchasing Managers' Index - PMI signaled moderation in the manufacturing sector in August, results of a survey showed Monday.
The latest report from the Royal Bank of Scotland and NTC Economics revealed that the Euro zone manufacturing PMI fell to 54.3 in August from the 54.9 ...
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