Trading the OTC (over the counter) currency markets offers an opportunity to hedge stock and bond investing, but really is more of a traded market following the ebbs and flows of global commerce than it is an investment arena to plan retirement from. Getting to know six major currency pairs…
Greenback Gains as Equities Consolidate
The dollar ended the week higher against most major currencies as risk aversion pressured risky assets. European Central Bank President Jean-Claude Trichet stated that the ECB will withdraw emergency cash gradually and tighten the standards under which it accepts newly issued asset-backed securities as collateral from banks for its refinancing…
Dovish MPC Minutes Adds to the Pressure on UK Yields
The pound has recorded a split performance this week. It fell against the low yielding currencies (Japanese yen, US dollar, euro and Swiss franc) and rose against the commodity currencies (Canadian, Australian and New Zealand dollars) and the Swedish krona. GBP/USD closed the week at $1.6519, pulling back from the…
How to Search for the Ideal Metatrader EA
With thousands of Metatrader EAs out there, it can be tough to cut through the noise and find one suitable for your trading style and risk tolerance. To help you in this search, I’ve compiled the statistics that many traders find to be very beneficial when analyzing any Metatrader EA.
International Financial Outlook September, 2009
Selling pressure on the dollar remained in August, as the US economic recovery lagged that of Germany and France, and even Japan. Sterling moved like the US dollar in the last month, with the pound sagging a little against the euro, but gaining versus the US currency. There are increasing…