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  • Dollar edges up after worst run vs yen since 2010, healthcare vote eyed

    From reuters.com

    The dollar edged up against the yen on Friday, recovering from its worst run of daily losses versus the safe-haven currency since 2010, but gains were capped by worries that U.S. President Donald Trump was on course for defeat on a new healthcare bill. With a risk-averse mood having taken hold across markets this week on doubts over Trump's ability to deliver the fiscal and economic reforms that had driven bets on higher growth, inflation and interest rates, the greenback slipped 1.3 percent against the yen to four-month lows. And though the dollar edged up 0.2 percent to 111.19 yen on Friday, it has still fallen ... (full story)

So an open at 111.31 and a close at 111.28 this is edging up?
Quoting Noober
So an open at 111.31 and a close at 111.28 this is edging up?
Don't read too much into Financial news.. Most of the time you need to decode it. Most of the time the market read it in the opposite way..

One famouse example is when a company fires people.. In a lot of stocks when they announce large lay off the stock price surges... Even in a rational way this should be a bad thing
Buy at the Low, Sell at the High You make money by waiting not by trading.
time to buy I guess
In any news every trader interpret and decipher the information provided differently hence we will have unpredictable moves on charts.
Self discipline It is a practice
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  • Posted: Mar 24, 2017 6:50am
  • Submitted by:
     Newsstand
    Category: Fundamental Analysis
    Comments: 4  /  Views: 2,092