"Rate differentials have reached critical levels. This is clearly supportive of the dollar. The dollar strength is expected to continue."
This is the latest situation which helps USD climbing to 9-month high as interest rate gap continues to widen. Fundamental news has been the real influential on traders for the last few trading days. I have to admit my mistake by deciding to go short on USD/CHF and was unable to reverse the position as quickly as I could, ignoring one buy alert, hence being stuck in the current awful situation. I am in the process of researching and developing a fully mechanical alert system that can automate the process of issuing my real-time trading alerts as fast as possible. I am logging this whole episode for my future reference.
This is the latest situation which helps USD climbing to 9-month high as interest rate gap continues to widen. Fundamental news has been the real influential on traders for the last few trading days. I have to admit my mistake by deciding to go short on USD/CHF and was unable to reverse the position as quickly as I could, ignoring one buy alert, hence being stuck in the current awful situation. I am in the process of researching and developing a fully mechanical alert system that can automate the process of issuing my real-time trading alerts as fast as possible. I am logging this whole episode for my future reference.
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