The EURUSD is in a consolidation mode as investors reflect on the American consumer inflation data and the potential for Federal Reserve tapering in the coming meeting. The pair is trading at 1.1810, which is slightly below this week’s high of 1.1845. American inflation easing The biggest catalyst for the EURUSD this week was the American inflation numbers that were … [Read more...] about EURUSD Outlook Ahead of Eurozone Inflation Data
China’s New Home Prices Rose at the Slowest Rate in 8 Months on Tightening Measures
Source: Reuters. China’s new home prices increased at their slowest rate in months in August as authorities enhanced control in the property market and cooling measures were expected to limit growth in home prices. CSI 300 Index down -1.01%, CNY USD up +0.10% The average new home prices in 70 major cities increased by 0.2% last month after increasing 0.3% in July.New home … [Read more...] about China’s New Home Prices Rose at the Slowest Rate in 8 Months on Tightening Measures
Forex Pulse Detector Review
Forex Pulse Detector claims to provide fast profits and high trading activity. This FX robot exploits the market impulse by identifying market reversal through its various indicator sets. A low timeframe is used by this FX EA to enable frequent trades and quicker pip gain. As per the vendor, although the ATS works on two currency pairs now, it will support multiple pairs in the … [Read more...] about Forex Pulse Detector Review
The Risk of Ruin in Forex: How Not to Ruin Your Trading Account
What on earth is the risk of ruin in forex? This statistic is one of the most crucial to understand for any money management strategy. No one in their right mind would want to ruin their trading account through sudden margin calls. Yet, unbeknownst to most traders, this occurs a lot more frequently due to miscalculating certain statistics. What if you knew a … [Read more...] about The Risk of Ruin in Forex: How Not to Ruin Your Trading Account
Inflation Cools to Seven-Month Low 0.3% in August
Source: Bureau of Labor Statistics Inflation decelerated in August to carve a seven-month low, with core inflation posting its smallest climb since February. XLY is up 0.02%, while VCR is down 0.14%. The Consumer Price Index for All Urban Consumers (CPI-U) stood at 0.3% in August, the lowest since the 0.3% in January. This compares with 0.5% in July and 0.4% in August.The … [Read more...] about Inflation Cools to Seven-Month Low 0.3% in August
