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LATEST POSTS FROM IRENE REXLEE


How To Avoid Spam With Akismet
by Irene Rexlee
12 Nov 2008 at 1:05am
This Tutorial is Part of Atomic Blogging (A Step By Step Guide to Blogging) What you see above are the number of Spam messages I get so far on my blog! It’s HUGE! Arent they ignoring? To avoid and prevent all this spam you must use Akismet - A Free Plugin to avoid spam for your [...]

Australia Lowers Rate More Than Expected
by Irene Rexlee
4 Nov 2008 at 2:22am
Australia Cash Rate Actual 5.25%, Expected 5.50%, Previous 6.00% The Reserve Bank of Australia has cut 75 basis points from its cash rate effective 5 November. The bank cited the slowing global economy as the main instigator. Also, Governor Stevens stated that ‘Global equity prices have been volatile and fell further in [...

Asian Market Update @ 4 November 2008
by Irene Rexlee
4 Nov 2008 at 2:19am
Forex Market: The market went again for the dollar in the last day of trading. The old greenback posted strong gains compared to the European pairs, but against the Canadian Dollar the dollar did not change. In the Asian session, the momentum seen the last day of trading helped the market [...]

GfK German Consumer Climate
by Irene Rexlee
28 Oct 2008 at 2:03am
GfK German Consumer Climate Actual 1.9, Expected 1.5, Previous 1.8 The consumer climate in Germany for the month of November was released at 1.9, better than market expected, 1.5. The previous read, 1.8, for the month of September was left unrevised. German consumers face difficult times ahead, as the rising cost of [...]

The Yen, Nikkei, and G7
by Irene Rexlee
28 Oct 2008 at 2:02am
The yen has advanced to levels where Japanese companies may seriously consider relocating production abroad. The record dollar/yen low of 79.85 on April 19, 1995, gives a misleading sense of how close Japan’s currency is currently to unchartered waters. In 1995, which saw Japan’s economy slide into recession, the yen was ...

Trichet Says Rate Cut ?Possible?
by Irene Rexlee
28 Oct 2008 at 2:01am
European Central Bank President Jean-Claude Trichet said the bank may cut interest rates again at its next policy meeting on November 6 as the credit crisis leads to a possible deflation. “I consider it possible that the Governing Council would decrease interest rates once again at its next meeting,” Trichet said [...]

Asian Market Update @ 28 Oct 2008
by Irene Rexlee
28 Oct 2008 at 2:00am
Forex Market: The dollar strengthened in the Asian session, similar to the move done the day before. The major pairs are now trading near important swing points, and a breakout could bring a strong wave of orders into the market. The move might find a strong momentum in the European session, [...]

GBP/USD short @ 21 October 2008
by Irene Rexlee
21 Oct 2008 at 8:42pm
wow it’s been long time I didn’t post my forex trade @ my blog..^o^.. Yesterday I took a short of GBP/USD, enter this pair at the price of  1.7171 @ 05.35 GMT (1.35pm Singapore Time) Initial Target Profit @ 1.6928 which is 13 Oct LOW with a initial stop loss of 35pips @1.7206. However it [...]

Stocks Are Sold/Dollar Is Bought In The Last Hour Of Trading
by Irene Rexlee
21 Oct 2008 at 8:28pm
A weaker market at the open was followed by a round of buying after lunch but in the end, weaker profit reports from regional banks and chipmaker Texas Instruments took their toll on sentiment and the market sold off sharply in the last hour of trading. “One of the biggest myths I see [...]

Forex Review - October 9, 2008
by Irene Rexlee
9 Oct 2008 at 8:13pm
USD/JPY ~ High (101.47) Low (98.50) EUR/JPY ~ High (139.70) Low (133.56) EUR/USD ~ High (1.3784) Low (1.3556) AUD/USD ~ High (0.7131?Low (0.6650) USD/CHF ~ High (1.1341) Low (1.1228) USD/CAD ~ High (1.1552) Low (1.1185) GBP/USD ~ High (1.7395) Low (1.7012) Dow Jones Plummets Below 9000 and Japanese Yen Rallies; USDJPY Forecas...

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