September 5, 2008 by Trader Rich
The September issue of Currency Trader Magazine was released today. Some of the highlights include:
A look at an advanced carry trade strategy involving the Swiss Franc.
The CFTC gains jurisdiction over retail forex fraud.
What will drive the forex market in Q4.
Yen crosses on the move.
U.S. dollar rockets higher, Euro tumbles.
China changes [...]
The big story of the last month in forex markets has been the possibility that the Fed could soon hike interest rates, which would upend some of most stable (and gainful) strategies currently being employed by traders. As a result, the markets will certainly scrutinize the statement that accompanies today’s conclusion of the monthly rate-setting [...]
Rudy Guede, one of the three people convicted of killing the British student Meredith Kercher, has had his 30-year prison sentence almost halved on appeal.
Guede, 23, from the Ivory Coast, will now serve 16 years for his role in the death after a decision handed down by an Italian court in Perugia, where the murder [...]
Serbia sought to consign its recent bloody past to history yesterday by becoming the latest former Yugoslav republic to apply for membership of the EU.
The President of the former Yugoslav republic, Boris Tadic, encouraged by closer contacts between Belgrade and Brussels in recent months, flew to Stockholm to present the formal application to Fredrik Reinfeldt, [...]
PHILADELPHIA – In the battle against black unemployment, places like the Opportunities Industrialization Center are ground zero.
Savory aromas wafted from a king-size kitchen one recent day as the instructor demonstrated a fish recipe to a dozen aspiring cooks. Nearby, a mock hotel room was waiting to be cleaned. Downstairs, electrical fixtures hung from an exposed [...]
September 3, 2008 by Trader Rich
I’ve read a lot about how automated forex trading systems just don’t work in the long run but I can’t conclude this from personal experience. I’ve never seriously traded forex using automation. The following is an email from a trader who can conclude this from his experience. I found it [...]
Daily Forex Market Commentary for November 10, 2006Forex Market Commentary by Cornelius Luca, Currencies Analyst, GFT
The dollar was hit on Thursday after some soft data on consumer sentiment, talk of China diversifying its reserves and concern that the political changes in the US may destabilize the economy. The dollar is on significant supports here, but [...]
GFT Daily Forex Market Commentary for November 29, 2006Forex Market Commentary by Cornelius Luca, Currencies Analyst, GFT
The dollar fell furthet on Tuesday and the weak US durable goods orders report didn’t help. Following a brief reprieve, the weakness should continue.
Euro/dollarEuro/dollar rallied further on Tuesday to a new high for the uptrend. The medium-term outlook clearly [...]
A team of British soldiers helped to castrate more than 5,000 sheep on the Falkland Islands after an appeal from local farmers.
The Highlanders, who are on a tour of duty on the islands, were called in after one farm worker was killed in a motorcycle crash and another was injured in a separate accident.
Corporal Scot [...]
WASHINGTON – The FBI is investigating a hacker attack on Citigroup Inc. that led to the theft of tens of millions of dollars, The Wall Street Journal reported Tuesday. The bank strenuously denied the report.
Citing anonymous government officials, the Journal reported that the hackers were connected to a Russian cyber gang. Two other computer systems, [...]