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  1. EUR/USD Risks Another Test of Key Support as U. of Michigan Improves

    by , 05-16-2014 at 11:34 AM
    - U. of Michigan Confidence to Improve for Second Consecutive Month.
    - Print of 84.5 Would Mark the Highest Reading Since July.

    Trading the News: U. of Michigan Confidence

    A second straight rise in the U. of Michigan Confidence survey may spur a further decline in the EUR/USD as the ongoing improvement in the world’s largest economy puts increased pressure on the Federal Reserve to normalize monetary policy sooner rather than later.

    What’s Expected: ...
  2. Data Structure in MetaTrader 4 Build 600 and Higher

    by , 05-16-2014 at 06:45 AM
    Data Structure in MetaTrader 4 Build 600 and Higher

    Introduction


    MetaTarder 4 build 600 features the new structure and location of the client terminal files. Now, MQL4 applications are placed in separate directories according to the program type (Expert Advisors, indicators or scripts). In most cases, the terminal data is now stored in a special data folder separated from the terminal installation location. In this article, we will describe in details how data is transferred, ...
  3. Chinese Virtual Coin Firms to Circumvent PBOC Onslaught by Going Offshore

    by , 05-13-2014 at 07:04 PM
    Chinese Virtual Coin Firms to Circumvent PBOC Onslaught by Going Offshore

    By Forexminute - Deepak Tiwari | Bitcoin | May 12, 2014 10:19PM BST



    Chinese bitcoin companies are planning on sidestepping the government crackdown on the virtual currency.

    The currently biggest exchange in China, Huobi, is thinking about moving operations international to protect ...
  4. Reserve Bank of India bought US $ 7.78 billion in spot forex market in March

    by , 05-13-2014 at 06:05 AM
    Reserve Bank of India bought US $ 7.78 billion in spot forex market in March

    The Reserve Bank of India was a net buyer of dollars worth US $ 7.78 billion in the spot forex market in March. As per the data of Monthly Bulletin for May 2014, the central bank purchased USD 8.75 billion in March while it sold US $ 970 million during the month.

    However, in February, RBI had sold a net US $ 530 million in the spot forex market. For the entire 2013-14, there were net buys of ...
  5. India gold culture defies curbs as steep tax tries to rein in demand

    by , 05-12-2014 at 11:59 AM
    MUMBAI, India (AP) - India's steep new tax on gold imports doesn't deter Mousumi Rao as she holds up a glittering $5,000 filigree necklace that could adorn her daughter on her wedding day.


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