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Economic News

Scottish nationalist leader quits after losing vote

Posted by on Sep 19, 2014

Scottish nationalist Alex Salmond resigned as leader of his party and will quit as First Minister after losing an independence referendum.

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News Analysis

Precious Metals Liquidated To Make Room For Alibaba, Silver At Four-Year Lows

Posted by on Sep 19, 2014

Precious metals are under pressure once again this morning led by Silver which just hit its lowest since August 2010. It appears investors are liquidating precious metals to make...

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Fundamental Analysis

Weekly Focus: Chinese Economy on the Ropes

Posted by on Sep 19, 2014

The US is the preferred place of investment at the moment as the sole pillar of strength in a world of hot spots. European stocks should be back in favour as the economy recovers...

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Technical Analysis

FTSE: Will the Scottish No Vote be Enough for Index to Finally Crack 6900 Barrier?

Posted by on Sep 19, 2014

The FTSE started the day up around 0.7% after Scotland voted to stay in the UK. Unsurprisingly, shares in companies with direct exposure to Scotland jumped to the top of the leader...

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Recent Posts

VW to add China capacity amid growth expectations

VW to add China capacity amid growth expectations

Apr 20, 2014

Volkswagen will keep adding capacity in China as the German group is counting on double-digit growth in the biggest auto market.

Puerto Rico finance agent taps Cleary Gottlieb

Puerto Rico's finance arm has hired lawyers at Cleary Gottlieb, The Wall Street Journal reported Monday.

The courage to stay on a swing. Long USDCHF

The courage to stay on a swing.  Long USDCHF

Apr 7, 2014

4/1/2014 Update: That was a fun run but I had to exit this swing. It didn’t break like I had hoped. Now it’s time to sit back and wait for this move to finish then try again. You win some and you lose some! Hello again everyone! It’s been a while since I’ve written an article but I got inspired a bit tonight so I’m back with the goal of doing this...

Scouting out the next move for USD. Watching USDCAD.

Scouting out the next move for USD.  Watching USDCAD.

Jun 2, 2013

  It’s been 40 days since I posted my last blog entry.    Since then I have had two really nice swings.  The GBPUSD played out picture perfect for me and I took a nice profit.  I also got in on the majority of the AUDUSD short over the past month.  The US Dollar has had a great run but it’s at a level where I want to start preparing for the next move.  I...

UvaKail123’s first blog. Swinging, USDX and the GBPUSD.

UvaKail123’s first blog.  Swinging, USDX and the GBPUSD.

Apr 23, 2013

First of all I’d like to say it’s a pleasure to be blogging for IRCForex.com.  I have been a member of the IrcForex community for a several years now and it has without a doubt accelerated my learning curve as a trader.  If you are a trader looking for an active group of forex traders to bounce ideas off of and learn from please don’t hesitate to join us.  We...