Log in or register to download unlimited Forex robots!
Headlines in the yen driving seat for the Asia session
Forex news for Asia trading Wednesday 12 November 2014
Japan – Sankei reports that Abe is to dissolve parliament this month
Japan – Sankei reports that Abe is to postpone sales tax rise to April 2017
RBNZ Governor Wheeler: Housing market pressures have eased
Australia – Westpac November Consumer Confidence Index +1.9% m/m (prior +0.9%)
More from RBNZ Governor Wheeler: NZ dollar is still overvalued
Japan data – September Tertiary Industry index & October money stock
China Business Daily: China provinces may lower 2015 GDP targets vs, 2014
Australia data – Q3 wage growth and credit card spending
Reports of an earthquake in Tokyo
BOJ board member Miyao: Economy recovering moderately as a trend
BOJ adviser: Japan sales tax delay would hurt fiscal trust
Japan – Abe adviser says sales tax hike should be delayed by 18 months
Japan chief government spokesman, denies media reports on sales tax-hike delay
and more from Suga here Japan chief cabinet secretary Suga says he is not preparing for elections ‘at all’
Japan govmt sources: Japan to meet 15/16 deficit reduction target even if hike postponed
Japan – Honda: Yen stable at 115 would cause recovery of Japan firms
TD Securities says RBNZ will keep cash rate at 3.5% until Sep. 2015
Nishimura; Weak yen positive for Japan economy as a whole but ready to take steps to respond to negative effects
It was a yen day in Asia, with headlines pushing and pulling on the currency. It all started early with Sankei reports hitting the newswires that Abe would dissolve parliament this month and also that the next sales tax hike would be postponed until April of 2017 (see bullets, above). The was enough to stick a bid under USD/JPY and yen crosses, sending USD/JPY up to 116 again before it stabilised around 115.80. There were numerous comments and headlines crossing the wires, but the next big one came from Japan’s chief cabinet secretary Suga, who said he is not preparing for an election at all, and also denying reports on a delay to the sales tax hike (see bullets, above). The drove USD/JPY as low as 115.25 (briefly) before stabilising again then grinding it out back higher but falling short of 116.
Elsewhere on the currencies, AUD/USD was notably weaker than many others, but EUR/USD and cable were both down from late NY highs. NZD was a better performer than most.
Oil and gold were both mainly flat on the session, with barely a wiggle.
Why don't many people post their daily winning results?
MT4talk PRO members can Turn off MT4talk daily winning result post requirements for $49.99 / month. More info...
Latest profit posts from the Trade Executor EA users.
By using the MT4talk website, you automatically agree to the Forum Rules & Terms of Use, as well as the terms below.
Everything you see on the MT4talk website is created by its users, mainly the members of the MT4talk forum.
What is MT4talk?
MT4talk is an online Forex forum with over 5000 Forex robots and over 3000 Forex indicators uploaded by forum members in the last 10 years, available to download from forum posts. The Uploaded file does not come with support.
The website doesn't sell Forex robots and doesn't provide support for the ones you download. MT4talk offers a PRO membership, allowing you to download unlimited files from forum posts. Even though the site usually doesn't provide support for downloaded Forex robots, if you're new to Forex and need help, you can buy the MT4talk dedicated support membership from the MT4talk forum. The MT4talk Dedicated support subscription is only available for purchase for MT4talk PRO members.
The MT4talk Team also provides an Artificial Intelligence Forex robot called "MT4talk Forex AI Signal - Trade Executor EA" to PRO members. However, this Forex robot is only a bonus and is not included in the original PRO membership.
Updates for the Forex robots may be limited or nonexistent, depending on the creator. If you choose to download any Forex robot or setting file from the forum, you acknowledge that you are using it at your own risk. MT4talk PRO membership is a digital product. Therefore, after you complete the PRO membership purchase, there is no refund available!
We are conducting real-life tests on Forex robots to assess their performance. For certain robots, we may use a demo account to conduct tests, and for other Forex robots, we may use a real Forex account. It's essential to recognize that we are not financial advisors and cannot provide investment guidance. Our objective is to discover effective market analysis solutions through testing various strategies, which could be beneficial to our community.
CFTC RULE 4.41 – HYPOTHETICAL OR SIMULATED PERFORMANCE RESULTS HAVE CERTAIN LIMITATIONS. UNLIKE AN ACTUAL PERFORMANCE RECORD, SIMULATED RESULTS DO NOT REPRESENT ACTUAL TRADING. ALSO, SINCE THE TRADES HAVE NOT BEEN EXECUTED, THE RESULTS MAY HAVE UNDER-OR-OVER COMPENSATED FOR THE IMPACT, IF ANY, OF CERTAIN MARKET FACTORS, SUCH AS LACK OF LIQUIDITY. SIMULATED TRADING PROGRAMS, IN GENERAL, ARE ALSO SUBJECT TO THE FACT THAT THEY ARE DESIGNED WITH THE BENEFIT OF HINDSIGHT. NO REPRESENTATION IS BEING MADE THAT ANY ACCOUNT WILL OR IS LIKELY TO ACHIEVE PROFIT OR LOSSES SIMILAR TO THOSE SHOWN.
Disclaimer - No representation is being made that any Forex account will or is likely to achieve profits or losses similar to those shown on backtests in this forum. In fact, there are frequently sharp differences between hypothetical performance results and the actual results subsequently achieved by any particular trading program. Hypothetical trading does not involve financial risk, and no hypothetical trading record can completely account for the impact of financial risk in actual trading. All information on this forum is for educational purposes only and is not intended to provide financial advice. Any statements posted by forum members or the MT4talk EA Tester Team about profits or income expressed or implied, do not represent a guarantee. Your actual trading may result in losses as no trading system is guaranteed. You accept full responsibilities for your actions, trades, profit or loss, and agree to hold the MT4talk team and forum members of this information harmless in any and all ways.
Affiliates Disclaimer - The website may have links to partner websites, and if you sign up and trade through these links, we will receive a commission. Our affiliate partners are FXOpen, FBS, LQDFX, and MyForexVPS.
Copyright MT4talk.com Forum Rules - Privacy Policy.