The euro moved higher on early Wednesday and reached 1.2390. The EUR/USD rose to near 1.2390 after the ECB President, Draghi, said the euro zone economic recovery was significant. He is confident the inflation could reach 2%. This is positive news for the euro and it did push the common…
Month: April 2018
The EUR/USD rose to 1.2360 after the Future Rate Hikes Comment
The euro moved sharply higher on Tuesday and reached 1.2360. The EUR/USD rose to near 1.2360 after the ECB member, Nowotny, told Reuters that the QE would end this year. The ECB will start the process of rate hikes. The traders liked the comment and pushed the euro higher. Yesterday,…
The EURUSD Moved Higher after Draghi’s Comment
The euro moved sharply higher on Monday after the ECB president’s encouraging words on inflation. The EUR/USD rose to near 1.2310 after the ECB President said he was confident that the inflation would rise to the target level. Last Friday, the U.S. Nonfarm Payrolls numbers were mixed. The actual Nonfarm…
New MT4 EA Experiment – Buy Bullish: Set up, Rules, and Results Week 36
1 trade has been closed since the last update. It was a loss. The total realized loss is $224. Last week, we ended at $1303 in profit minus interests and fees. After the loss this week, that brings our total net profit to $1079 minus interests and fees. The strategy can…
The EUR/USD Rose but the Gain Was Limited after the U.S. Job Report
The euro managed to gain some ground against the U.S. dollar after the somewhat weaker-than-expected U.S. job report. The EUR/USD rose to near 1.2280 after the U.S. job report today. Although the actual Nonfarm Payrolls increased fewer than expected, but the Average Hourly Earnings (MoM) came in better. The Average…