The Forex Crunch mobile app for Android has been upgraded with small features, in a long series of updates. If you have an Android operating system, you can download the new version here. And you’re welcome to rate and review it. The new version includes: Faster push notifications Easy access to relevant news stories in … “Forex Crunch Android App Updated”
Month: September 2013
MarketsPulse launches enhanced capabilities for binary options brokers
Binary options platform provider MarketsPulse has launched its new CRM version, that features enhanced capabilities for brokers. All the details are in the press release below: MarketsPulse CRM tailored for Binary Options now updates sales & retention teams in realtime on more actions traders make. Toronto – MarketsPulse (marketspulse.com), a global binary options platform provider, … “MarketsPulse launches enhanced capabilities for binary options brokers”
USD/JPY: Trading the US jobless claims Sep 2013
US Unemployment Claims, which is released weekly, is one of the most important economic indicators. It measures the number of people who filed for unemployment for the first time during the previous week. A reading which is higher than the market forecast is bullish for the Japanese yen. Here are all the details, and 5 possible outcomes … “USD/JPY: Trading the US jobless claims Sep 2013”
Carry Trade Forex Strategy
Trading strategies are very essential to having a successful trading practice. Traders try out various trading strategies throughout their trading sessions. The strategy that this article describes can be classified as an advanced trading strategy. Carry Trade Strategy is based on the interest rate differentials. The strategy is famous for its unique approach of targeting … “Carry Trade Forex Strategy”
Australian Dollar Firm After Policy Minutes
The Australian dollar remained firm after minutes of the last Reserve Bank of Australia policy meeting. The central bank said that it may cut interest rates further in the future, but is not going to do so immediately. The RBA was not particularly optimistic about the developments in the Australian economy, according to the minutes of the meeting that has occurred on September 3. The central bank said that it would prefer to see … “Australian Dollar Firm After Policy Minutes”
Poor Economic Data Makes Dollar Soft Ahead of Fed Meeting
The US dollar was soft as worse-than-expected macroeconomic data made Forex traders speculate that the Federal Reserve may avoid tampering of quantitative easing or at least do it at a smaller scale than was expected previously. The US Consumer Price Index rose 0.1 percent in August, missing the forecast of 0.2 percent. It was not a big difference, but together with the previous poor data it led to talks that … “Poor Economic Data Makes Dollar Soft Ahead of Fed Meeting”
Federal Reserve Tapering Decision Time
Global markets are poised for action, with Ben Bernanke’s Wednesday press conference fast approaching. The chairman of the Fed’s board of governors faces a difficult decision as he evaluates “tapering” 85 billion dollars of US quantitative easing. Guest post by Rebecca Ashley is a financial markets writer at IG. Analysts will be closely monitoring breaking news and … “Federal Reserve Tapering Decision Time”
NZD/USD: Trading the New Zealand GDP September 2013
New Zealand GDP, released each quarter, measures production and growth of the economy. Analysts consider GDP one the most important indicators of economic activity, and thus it is eagerly awaited by the markets. A reading which is higher than the market forecast is bullish for the New Zealand dollar. Here are all the details, and 5 possible … “NZD/USD: Trading the New Zealand GDP September 2013”
Canadian Dollar Gains with Help from Manufacturing Sales
The Canadian dollar posted gains today with help from manufacturing sales and doubts about quantitative easing from the Federal Reserve that improved the risk sentiment on the Forex market. Canadian manufacturing sales grew 1.7 percent in July, beating the market expectations of 0.6 percent by a wide margin. The June reading was revised positively from -0.5 percent to -0.1 percent. Worse-than-expected macroeconomic data from the United States made investors … “Canadian Dollar Gains with Help from Manufacturing Sales”
Turkish Lira Falls on Prospects for Interest Rate Cut
The Turkish lira dropped today after the nation’s central bank left interest rates unchanged, but suggested that it will perform additional monetary easing in the future. The Central Bank of the Republic of Turkey maintained its lending rate at 7.75 percent today. The bank was rather optimistic about developments in the economy: Recent data suggest that final domestic demand and exports continue to grow at a moderate pace. The current policy framework … “Turkish Lira Falls on Prospects for Interest Rate Cut”