Monthly archive December, 2012

Traders who are trading the news or fundamentals usually develop a strong sentiment towards a specific currency: they are either bullish on this currency or bearish on it – they want to go long on the currency or short. Yet as Read More →

Recent US indicators continue showing the same picture: the US economy continues to grow slowly – not an impressive recovery, but still growing. The housing sector seems to lead while manufacturing lags. However, one highly regarded research institute, ECRI, has called Read More →

Index Last High Low Daily Change (%) Daily Range (% of ATR) DJ-FXCM Dollar Index 9949.82 9955.2 9921.43 0.20 93.57% The Dow Jones-FXCM U.S. Dollar Index (Ticker: USDollar) remains 0.19 percent higher on the day after moving 93 percent of its average true range, and the greenback may continue to track higher Read More →

While at a party recently I had a conversation with a retired physician, who is also an astute and very successful long-term stock investor. This gentleman has been very successful with a buy-and-hold approach on individual stocks for many years, basing Read More →

Trading the News: Reserve Bank of New Zealand Interest Rate Decision What’s Expected: Time of release:12/05/2012 20:00 GMT, 15:00 EST Primary Pair Impact: NZDUSD Expected: 2.50% Previous: 2.50% DailyFX Forecast: 2.50% Why Is This Event Important: The Reserve Bank of New Zealand is widely expected to keep the Read More →