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Yen Intervention Unlikely as Capex Soars, US Jobs Report on Tap
Japanese Yen intervention looks unlikely after capital spending soared in the second quarter. A quiet European session looks likely, with all eyes on the US jobs report as traders size up the prospects for the global recovery.
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Some of the most popular trading strategies in forex markets involve the use of Japanese Candlestick charts. Given a specific pattern in candlestick formations, traders look to buy and sell currencies in anticipation of reversal or continuations in price.
Read more...TradeStation Acquires Leading Portfolio Strategy Testing Technology
PLANTATION, Fla. -- TradeStation today announced its acquisition of the Portfolio Maestro "Portfolio Testing" software technology from Rina Technologies, LLC, an Ohio-based portfolio trading software company.
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