FOREIGN EXCHANGE NEWS September 14, 2010 fxcm enhances automated trading Automated trading has become increasingly popular among foreign exchange traders and online forex and CFD provider FXCM has this week launched Strategy Trader, a free, all-in-one automated forex trading solution that allows clients to code strategies, perform advanced back tests, run detailed optimisation analysis, and execute trades from a single platform. [...]
Rate rises and risk appetite to boost the krona September 14, 2010 A WESTERN central bank able to raise interest rates without sparking concerns of excess monetary tightening is still something of a rarity. But the Swedish Riksbank has been able to do just that. Earlier this month, it raised rates to 0.75 per cent and signalled that it intended to increase them to 1.75 per cent [...]
THE TIPSTER September 14, 2010 The greenback’s woes continue with the trade-weighted dollar index hitting a new five-week low. Dollar investors continue to be nervous about the ability of the world’s largest economy to avoid a double-dip recession given the latest slew of poor economic data. This suggests that further weakness in the greenback could well be ahead. Capital Spreads [...]
FOREX ANALYST PICKS September 14, 2010 FOREX STRATEGIST JOHN KICKLIGHTER My pick: Stay short cable from $1.55; long euro-dollar above $1.2925 Expertise: Combining fundamental and technical analysis Average time frame of trades: 1 day-1 week We have seen lots of volatility this past week; but a clear direction on underlying trends is still eluding us. Short-term setups are what I’m looking [...]
HP poaching row shows limits of employment law September 14, 2010 THE business world continues to monitor with interest what appears to be a growing rift between technology giants Oracle and Hewlett Packard (HP), competitors who have until recently enjoyed a relationship of cooperation and collaboration. The apparent animosity arises out of Oracle’s decision to appoint to its board former HP CEO, Mark Hurd, only a [...]
Tweeting about the boss can get you the sack September 14, 2010 WHEN England cricketer Kevin Pietersen vented his anger on Twitter at not being selected in the England cricket squad to face Pakistan recently, he became the latest person to fall foul of his employer via social networking. After issuing an apology saying that the message was sent by mistake, he was handed an undisclosed fine [...]
Mixed signals from Mazda’s crossover September 14, 2010 FROM the outset, Mazda makes a pretty bold claim: a crossover car with the practicality and space of an SUV combined with the sporty driving dynamics of a sports car. And not just any sports car, but an MX-5, one of the best sports cars ever and certainly one of the most fun to drive. [...]
CAR TALK September 14, 2010 LEXUS HATCHBACK GOES ZERO CARBON Emissions are now officially the new battleground. Lexus has announced that its new CT 200h compact hatchback will have emissions as low as 96g/km of CO2 – beating the magical sub-100g/km figure – thanks to its full hybrid powertrain. This means road tax will be zero when the car goes [...]
Rooney set for recall but Fergie stands by omission September 13, 2010 MANCHESTER Utd vs RANGERS Sky Sports 2, ko 7.45pm MANCHESTER United boss Sir Alex Ferguson insists he has no qualms about recalling Wayne Rooney for tonight’s highly-charged, all-British Champions League showdown with Rangers. And Ferguson maintains he was right to drop Rooney at the weekend amid speculation about his private life, despite throwing away a [...]
Harry fears England repeat September 13, 2010 WERDER BREMEN vs TOTTENHAM Sky Sports 4, ko 7.45pm HARRY REDKNAPP admits his Tottenham side could fall into the same trap as England in the World Cup if they don’t get their tactics right in Bremen tonight. The Spurs boss almost got his fingers burned when adopting a 4-4-2 formation against Young Boys in the [...]