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  1. Euro Rate Today: Forecasting a Lower EUR/USD Exchange Rate in 2014 Remains Intact at Bank of America

    by , 06-24-2014 at 03:35 PM
    Euro Rate Today: Forecasting a Lower EUR/USD Exchange Rate in 2014 Remains Intact at Bank of America

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    Currency analysts at Bank of America Merrill Lynch are standing by their 2014 forecast that sees a lower euro dollar exchange rate.

    The euro dollar rate has been heading lower since the ECB rate cut in early June, however following a less-than-hawkish FOMC minutes released mid-month dollar weakness has allowed the euro a recovery. ...
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  2. U.S. Stocks Are Little Changed Before Fed Policy Decision

    by , 06-18-2014 at 01:45 PM
    U.S. Stocks Are Little Changed Before Fed Policy Decision

    U.S. stocks were little changed, following a three-day gain for the Standard & Poor’s 500 Index, as investors awaited the latest monetary-policy decision from the Federal Reserve.

    The S&P 500 added less than 0.1 percent to 1,942.54 at 9:31 a.m. in New York.

    “I would be shocked or alarmed if we get any surprising news out of the decision today,” Randy Frederick, managing director of trading and derivatives ...
  3. Trading the News: Federal Open Market Committee Meeting and Federal Funds Rate

    by , 06-18-2014 at 12:42 PM
    - Federal Open Market Committee (FOMC) to Reduce QE by Another $10B.
    - Fed Chair Janet Yellen to Hold Press Conference at 18:30 GMT.

    Trading the News: Federal Open Market Committee Meeting and Federal Funds Rate

    Despite expectations for another $10B reduction in the Federal Open Market Committee’s (FOMC) asset-purchase program, the central bank’s updated forecasts (growth, inflation & interest rate) may have a greater impact in driving the U.S. dollar as ...
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  4. Modi's To-Do List: Priorities For A New India

    by , 05-28-2014 at 02:47 AM
    Tonight, Narendra Modi will be sworn in as India’s new Prime Minister. And there is no shortage of advice on what he should do once he takes power.

    Today, India’s daily newspapers and the world’s financial press have been publishing articles telling the new man in charge just what he needs to do to help India reach its potential, and there are some common themes. As context, it’s worth noting what the stock market tells us about expectations: Mumbai’s benchmark Sensex index rose 15% ...
  5. 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, ...
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