Source: WSJ Turkish lira traded at a record low of 10.97 against the dollar after the country’s central bank trimmed the key rate from 16% to 15% USDTRY is up +4.67%. The fall in the lira happens amid rapid inflation that rose by almost 20% in October that is posing a challenge to growth. The move by the central bank reflects calls by President Recep Tayyip … [Read more...] about Turkey’s Lira Trades at a Record Low as Central Bank Cuts Rate to 15%
EA Super 8 Review
EA Super 8 is a Forex expert advisor that has a presentation written on MQL5. The system has mediocre success among the community. To decide if it fits our expectations, we have prepared a review for you. Detailed EA Super 8 review We have some details explained about how the system works on a terminal and what we should expect from it. We may note that Vitali … [Read more...] about EA Super 8 Review
U.S. Housing Starts Dropped 0.7% in October as Building Permits Increases
Source: U.S. Census Bureau U.S. homebuilding unexpectedly dropped in October as activity remains hampered by shortages of materials and scarce land and labor. DXY down -0.03%, EUR USD down -0.07% Housing starts dropped slightly by 0.7% to a seasonally adjusted annual pace of 1.520 million units in the previous month.Data for September was revised downwards to a pace of … [Read more...] about U.S. Housing Starts Dropped 0.7% in October as Building Permits Increases
EURUSD Under Pressure Near 1.1300 as GBPUSD Bottoms Out After UK CPI
US Dollar powers to 16-month highs.EURUSD slides to 16-month lows.GBPUSD bottoms out after UK CPI. The US dollar steadied at 16-month highs against the major currencies on Wednesday morning as retail data for October raised bets of the Federal Reserve hiking interest rates much earlier. The dollar index has already powered through the 96.04 level affirming the dollar … [Read more...] about EURUSD Under Pressure Near 1.1300 as GBPUSD Bottoms Out After UK CPI
NorthEastWay Review
NorthEastWay is a fully-automated Forex trading system that was launched on 13th July 2020. It trades in multiple currency pairs and has both MT4 and MT5 versions. There is no official website for this EA, so you need to purchase it via the MQL5 marketplace. Detailed Forex robot review While there is a lot of information on the MQL5 page about the setup and testing, the … [Read more...] about NorthEastWay Review
