Tag Archives: forex trend

What is Social Trading & How does it work | best social trading platforms

What is social trading and how does it work – best social trading platforms What is social trading and how does a social trading platform work? Social trading is a relatively recent concept in Forex. It was mainly adopted by stock traders and community traders. The main idea is to post and share trading ideas and potential trades… Read More »

Forex Copy Trading Software

Local Trade Copier Is A Special Mt4 Add-on Which Allows To Link Many Accounts On The Same Computer And Copy Trades Between Them Instantly And Simultaneously. Very Popular Among Forex Traders That Use Metatrader 4 Platform.One of the fastest and most popular trade copier software for MT4.

Make Trading Successful Now

An Entirely Automatic Trading System For The Metatrader Trading Terminal, Developed Especially For The Needs Of Ordinary Forex Traders, Yet Also Used Successfully By Many Professional Traders. It Is Perhaps The Best Trend Following And Long Term Profitable Trading System On The Market.Uniqie and Highly Profitable Trend Following Automated Trading Strategy.

Forex Copy Trading Software

Local Trade Copier Is A Special Mt4 Add-on Which Allows To Link Many Accounts On The Same Computer And Copy Trades Between Them Instantly And Simultaneously. Very Popular Among Forex Traders That Use Metatrader 4 Platform.One of the fastest and most popular trade copier software for MT4.

Treasuries Move To The Upside Following Mixed Data

Treasuries saw some strength during trading on Friday, extending the modest upward move seen in the previous session. Bond prices moved to the upside early in the session and remained firmly positive throughout the day. As a result, the yield on the benchmark ten-year note, which moves opposite of its price, fell by 2.9 basis points to 1.588 percent. The strength among treasuries came a Commerce Department report showed U.S. retail sales rose in line with estimates in January, but closely watched core retail sales came in unchanged. The Commerce Department said retail sales rose by 0.3 percent in January after edging up by a downwardly revised 0.2 percent in December. Economists had expected retail sales to climb by 0.3 percent, matching the increase originally reported for the previous month. However, the report said closely watched core retail sales, which exclude autos, gasoline, building materials and food services, were unchanged in January after rising by a downwardly revised 0.2 percent. Core retail sales were expected to rise by 0.3 percent compared to the 0.5 percent increase originally reported for the previous month. “After a rare contraction in the fourth quarter, the 3m/3m annualized growth rate of control group sales slipped…

Dollar Eases Off After In-line U.S. Retail Sales Data

The U.S. dollar pulled back against its most major rivals in early New York deals on Friday, following the release of the nation’s in line retail sales data for January. Data from the Commerce Department showed that retail sales rose in line with economist estimates in January. The Commerce Department said retail sales rose by 0.3 percent in January after edging up by a downwardly revised 0.2 percent in December. Economists had expected retail sales to climb by 0.3 percent, matching the increase originally reported for the previous month. Excluding sales by motor vehicles and parts dealers, retail sales still rose by 0.3 percent in January after climbing by 0.6 percent in December. Ex-auto sales were also expected to increase by 0.3 percent. Data from the Labor Department showed that U.S. import prices came in flat in the month of January, while export prices unexpectedly showed a notable rebound. The Labor Department said import prices were unchanged in January, while export prices climbed by 0.7 percent Economists had expected import prices to dip by 0.2 percent. The greenback fell to 1.0861 against the euro, from near a 3-year high of 1.0827 set at 7:00 pm ET. The greenback is…

U.S. Retail Sales Rise 0.3% In January, But Core Sales Unchanged

Retail sales in the U.S. increased in line with economist estimates in the month of January, according to a report released by the Commerce Department on Friday. The Commerce Department said retail sales rose by 0.3 percent in January after edging up by a downwardly revised 0.2 percent in December. Economists had expected retail sales to climb by 0.3 percent, matching the increase originally reported for the previous month. Excluding a modest rebound in sales by motor vehicles and parts dealers, retail sales still rose by 0.3 percent in January after climbing by 0.6 percent in December. Ex-auto sales were also expected to increase by 0.3 percent. Sales by miscellaneous store retailers and building materials, equipment and supplies dealers saw significant growth, while sales by clothing and accessories stores pulled back sharply. The report said closely watched core retail sales, which exclude autos, gasoline, building materials and food services, were unchanged in January after rising by a downwardly revised 0.2 percent. Core retail sales were expected to rise by 0.3 percent compared to the 0.5 percent increase originally reported for the previous month. “After a rare contraction in the fourth quarter, the 3m/3m annualized growth rate of control group sales…

Dollar Little Changed After U.S. Industrial Production

Fed’s Industrial Production for January has been released at 9:15 am ET Friday. The greenback changed little against its major rivals after the data. The greenback was trading at 1.0856 against the euro, 109.81 against the yen, 0.9808 against the franc and 1.3022 against the pound around 9:20 am ET. The material has been provided by InstaForex Company – www.instaforex.com…

Dollar Retreats Vs Most Majors Ahead Of U.S. Industrial Production

Fed’s Industrial Production for January will be released at 9:15 am ET Friday. The consensus is for a decline of 0.3 percent, unchanged from the prior year. Ahead of the data, the greenback traded mixed against its major rivals. While the greenback rose against the pound, it eased off from its early highs against the rest of major counterparts. The greenback was worth 1.0853 against the euro, 109.79 against the yen, 0.9808 against the franc and 1.3020 against the pound as of 9:10 am ET. The material has been provided by InstaForex Company – www.instaforex.com…