2014 IN REVIEW

Finally it's 2015! Below are my best reviews in 2014. Hope we get much better in 2015. Latvia, became the first nation who join EUROZONE in 2014. EBOLA outbreak begins in West Africa. image source: nbcnews.com Viktor Yanukovych, former Ukraine President, removed, amidst heavy riots protest. This protest lead to annexation of Crimea. Malaysia Airlines flight MH370 missed around the Gulf...

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RUPIAH AFTER ELECTION

July 22th has gone. The official anouncement said that Jokowi was elected President of my beloved country, Indonesia. As we know, the survey before showed that the society had high expectation for Jokowi to be President. And today, we'll just wait for Jokowi's inaugural speech. Economists forecasted that Rupiah would get stronger after the election. We still remember when Jokowi was nominated...

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CORRELATION BETWEEN INFLATION RATE AND UNEMPLOYMENT RATE

William Phillips (1958) stated that there is negative correlation between inflation rate and the rates of unemployment. It's such a trade-off, when the level of unemployment decreases, the inflation rate goes higher. I myself was curious to prove the truth of the statement. I took the Indonesia's unemployment rate and inflation rate data since 1998-2013 and the result says so.  Based on the...

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CORRELATION STUDY: NFP and EUR/USD

Howdy, traders..... In this post (and maybe later) I'd like to explain something statistical; correlation study. I myself choose the correlation between NFP data release and EUR/USD. Correlation measures the strength and direction of a linear relationship between two variables, in this case, NFP and EUR/USD. The result will be completed with a scatterplot/ scatter diagram. How do we interpret...

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GBP/USD HISTORICAL DATA

Alright guys, we're back! It's true when our teacher said "don't forget the history." Last month, we'd learned the EUR/USD historical data. Now, we go to GBP/USD. GBP/USD is widely known as one of the biggest currency pair in the world that it requires your complete attention. We know that currently GBP/USD is moving higher from day to day due to bad weather in USD. It's a good chance for you...

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LEARNING EUR/USD HISTORICAL DATA

Beware of the The FED Tapering, they said. Yes, in this beginning of 2014 our attention is distracted by this policy; no more "quantitative easing". We can say that this tapering is able to affect the investment climate including the forex  trading. To me, such policy will change the trendline when it has big impact. That's why we must keep in touch with latest news. I myself pay a great attention...

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