The U.S. session, trader's daily 09:45 EDT question; "Oh dear, do we now want to take a U.S. based trade and run the risk of a price move stranding things with no momentum, as 80% of U.S. sessions do?"
The law of probability says that U.S. trade will...
Forex Trading: How a GDP Announcement Can Boost a Currency
The Australian GDP announcement for the second quarter of 2012 showed that the Australian economy grew much more than expected. The economy grew 1.3%, compared to official estimates of a 0.5% growth. After a month of pessimistic economic news for Australia...
The Pros and Cons of a Weak Euro
The lingering Eurozone crisis has brought with it a decline in the value of the euro vs. the U.S. dollar. With the economic situation in Europe still shaky, the European Central Bank (ECB) has initiated a strategy of quantitative easing to spur growth....
