
P1:a/b P2:c/d QC:e/f T1:g
c04 JWBK195-Saettele May 25, 2008 10:13 Printer: Yet to come
Using News Headlines to Generate Signals 67
Commentary: Just four days later, on November 23rd, the EURUSD
made a low that is still in place at .8372. The pair rallied to .9500 in just
over a month’s time.
72. Headline: At Last, the Euro Looks Ready to Climb, New York Times,
July 25, 1999
Commentary: It was not quite time for the EURUSD to rally. The
pair closed at 1.0645 on the 26th (the 25th was a Sunday) and steadily
declined until reaching its all-time low at .8227 in October 2000.
73. Headline: Canadian Dollar Appears Attractive Amid Uncertainties In
Other Countries, Wall Street Journal, March 22, 1993
Commentary: This headline appeared during a week that saw the
USDCAD make a multiyear low (Canadian dollar high).
WHERE TO LOOK
The easiest way to search for headlines is to go to finance.google.com. On
the right side of the web page, you will see prices for USD-Euro, USD-JPY,
and USD-GBP. Click on any rate. If you click on USD-Euro, you will come
to a page that features a chart along with U.S. dollar articles. On the right
side of the page, click on View all news for USDEUR. It does not matter
what the second currency is in the pair, the news headlines returned are
always for the first currency in the pair (in this case, USD for USDEUR).
The most read articles will appear first. Simply scan the headlines. You can ...