Immigrant exodus leads to DIY cost hike
Immigrant exodus leads to DIY cost hike
The cost of home improvements has risen by about a fifth as eastern European tradesmen who have provided cheap labour return home, a new report shows.
Euro has potential to go higher
I do think that the eur has potential to go higher in todays forex market, and most indicators i see are telling me that.
The only question is timing. It may be the time - it certainly looks like it right now. it may be in some time in the very near future.
I certainly dont see any usd strength as of now, in any denominator. (more…)
NZD/USD will remain under the gun of sellers today
NZD/USD will remain under the gun of sellers today as yield interest in Kiwi fails to make comeback, looks unlikely in near term, says ANZ Bank; tips support at technical level of 0.7777 to be critical today.
Notes with Kiwi briefly breaching important support of 0.7806 overnight, pair now vulnerable.
Plus weak commodities and euro’s steep losses overnight also weighing. “If this combination continues - and the tenor of official NZ data turns out as lead indicators suggest - the bird (Kiwi) looks set to continue riding down the elevator.” (more…)
Forex PsYchology: Verry common situation for the traders?
Forex PsYchology: Verry common situation for the traders? (more…)
Becoming Independent Minded
Becoming Independent Minded
Independence is essential for trading success. Or at least that’s what authors of many books on trading psychology argue. Why must a trader be independent?
Joseph Schwab developed sophisticated arguments for teaching science as
“enquiry.”An independent mind is one that is grounded in ?enquiry?. Enquiry
demands the ability to develop significant questions and the ability to utilize
good judgment while separating the wheat from the chaff.
John Dewey, a great philosopher, psychologist, and pedagogy discu (more…)