Indicators play an important role in the trading methodologies of most traders, professional and retail alike. They do have a part to play in trading success, however many traders place too great an emphasis on the usage of indicators to give them some kind of “edge” over the market. Whilst the use of Indicators is [...]
German Business Confidence May Rise to Highest Since July 2008
December 24th, 2009
Comments: 0
German business confidence probably increased to the highest since July 2008 in December, a sign the economic recovery is on track. The Ifo institute in Munich will say its business climate index, based on a survey of 7,000 executives, rose to 94.5 from 93.9 in November, according to the median of 33 forecasts in a [...]
Swiss Franc Strengthens to 1.50 per Euro First Time Since March
December 23rd, 2009
Comments: 0
The Swiss franc strengthened beyond 1.50 per euro for the first time since March, when the nation’s central bank first sold the currency to weaken it. The franc climbed as much 0.7 percent to 1.4909 against the euro, before trading at 1.4972 as of 7:49 a.m. in Zurich. It appreciated as much as 0.6 percent [...]
China to stay a plodding “ox” in year of the tiger
December 22nd, 2009
Comments: 0
After blasting to recovery from the global financial crisis, China will enter next year wrestling with unwelcome expectations for it to shoulder a bigger role in insulating the world economy against more turmoil. China is set to overtake Japan as the world’s second-biggest economy in 2010, and calls are likely to grow for it to [...]
