Cheaper energy keeps inflation in check

Ottawa — Inflation in Canada touched a 15-year low in April, and signs of falling prices poked through in several areas of the monthly consumer price report, but analysts say there is no danger of deflation grabbing hold of the Canadian psyche.
Consumer prices rose just 0.4 per cent in the 12 months leading up to April – the slowest pace of inflation since 1994. Excluding food, which rose 7.1 per cent on the year, the consumer price index fell 1.1 per cent.
Four provinces are now registering deflation: Alberta, where prices dropped 0.7 per cent from a year ago, as well as New Brunswick, Nova Scotia, and Prince Edward Island.
Falling prices were even more evident in the month-over-month measures of inflation. Consumer prices declined 0.1 per cent between March and April, not adjusted for seasonal factors.

Lloyds warns EU may insist on disposals

Lloyds Banking Group believes it might have to sell assets in order to win European Commission approval for aid from the UK government.
Investors looking to take part in a £4bn placing and open offer of Lloyds shares were on Wednesday given an outline of the concessions that might be offered to Brussels in a state aid approval request being drawn up by the Treasury with input from the bank.
Published: May 20 2009 12:18 Last updated: May 20 2009 14:09

Acxiom Corporation gets IT backbone from CA

The deal, valued at $35 million in products and services, includes more than 16 solutions based on CA’s enterprise IT management (EITM) vision, including application performance management, identity and access management, infrastructure management, mainframe management etc
Wednesday, May 20, 2009

What is MACD?

MACD or the Moving Average Convergence Divergence is the indicator which let you know whether the currency price is in a high or a low trend. MACD Oscillator has two lines which are the MACD line and the signal line. The MACD line points out the difference between two Exponential Moving Averages (EMA) whereas the Signal line is an EMA of the MACD line itself. With the intention of displaying the buy or sell alarm, the Signal line is marked at the top of the MACD. Generally, a 26 days and 12 days EMA are used for the MACD indicator if based on the closing date, whereas a 9 day EMA will be used, for the Signal line.There are two ways which are usually employed to understand the MACD. The first one is crossovers - if the MACD falls lower than the Signal line, it is an indication of upcoming low trend and recommends that may be it is a good time to place a short position trade. And if the MACD go beyond the signal line, it gives you an idea about an indication of upcoming up trend and recommends that may be it is a good time to place a long position trade.The other way is divergence - if the currency price reverses from the MACD, it shows that the trend is going to end. If there is a negative divergence it means that the currency price produces a new high which is higher than the previous high, but the MACD failed to get to the new high, then you should be cautious that the current up ward trend in prices movement may go to the reverse direction. For positive divergence, it happens if the currency price beat a new low which is lower than the previous low, and the MACD failed to get to the new low, you should be cautious that the current currency price downfall will get over and up ward trend will occur once more.Read more...

Forex Indicator-Trends

In Forex a trend means the movement of prices. Mounting peaks and troughs represent an uptrend; declining peaks and troughs represent a downtrend that determines the steepness of the current trend. The breaking of a trend line generally is a sign of a trend reversal. Horizontal peaks and troughs differentiate a trading range.When you use the Forex indicator trend, you will find it very simple and easy to work, made up of three trigger lines which tell you when to buy and when to sell. It alarms you the beginning of a trend, and will indicate when the trend is ending. It has proved to be extremely correct, particularly when linked to the best time frame, currency and time of day. Although it is accurate for just concerning any of these three variables, for most advantageous effectiveness it is best to follow the instructions of the trend provider closely. We can’t say that every trade is a winner, but traditionally losses have been much lesser than triumph. Past results are not routinely the signals of future results.
Edited By Janjua