Forex Trading News – 6/10/09
Foreign exchange trading services provider, Alpari today launched its Indian operations by offering its forex trading platform for institutional and retail customers.
The NZD/JPY pulled back from the trend highs to test 60.12, the 5/29 low, for short-term support, and the high-yielding currency may continue to push higher over the near-term as investors speculate the Reserve Bank of New Zealand to put a floor on the interest rate.
&$ &$What hurdles on Hummer’s China road? – special&$ &$ China is loosening its grip on the use of foreign exchange to encourage domestic firms to make overseas investment, as the country sought to diversify the use of its huge forex reserves. The State Administration of Foreign Exchange (SAFE), the country’s forex regulator, said Tuesday in an online notice that it would allow all kin …
The US dollar retraced some of its recent gains while commodities and equities consolidated below their recent highs. Event risk on Wednesday could stoke volatility for the US dollar and New Zealand dollar.
Mark Galant Inducted into Hall of Fame at 2009 Digital Markets Awards Ceremony NEW YORK and LONDON, June 9 /PRNewswire/ — For the second consecutive year, Profit & Loss Magazine announced GAIN Capital’s FOREX.com as “Best Retail FX Platform” at the 2009 Digital Markets Awards Ceremony. Profit & Loss’ Digital Markets Awards recognize the efforts of the foreign exchange (forex) services industry …
FXstreet.com (Barcelona) – Crown Forex has announced its decision to file an appeal at the Swiss administrative court on Wednesday June 10, against FINMA, The Swiss Financial Market Supervisory Authority, decision to liquidate the company approved on February 23 2009.
Market Traders Institute Inc. the world’s oldest and most trusted forex educational institution has announced the re-launch of their popular website ForexTips.com (http://www.forextips.com). (PRWeb Jun 9, 2009) Read the full story at http://www.prweb.com/releases/forex-tips/forex-strategies/prweb2496944.htm
Market Traders Institute Inc. the world’s oldest and most trusted forex educational institution has announced the re-launch of their popular website ForexTips.com.
A strong reversal in the US Dollar has led several of our strategies to go long the US currency, and a continued dollar rally could allow for further gains in many of our favored forex trading signals . The nimble Momentum2 trading strategy latched on to clear shifts in forex sentiment and went short the British Pound and Euro against the US Dollar—clearly benefiting from Friday’s impressive …
A strong reversal in the US Dollar has led several of our strategies to go long the US currency, and a continued dollar rally could allow for further gains in many of our favored forex trading signals.
DailyFX Forex Market Update: Dollar Gives Back, Japanese Yen Crosses Push … Daily FX, NY The dollar remained weak in Asia though consolidated Tuesday’s losses against the EUR and GBP while losing further ground against AUD and NZD. Though USD/JPY extended losses in early Asian trading, dropping to 97.09 and triggering stops, … June 10th Daily Forex News Trading Signal Forex Factory Daily Forex Outlook – USD pressured by Surging Oil Easy-Forex Daily Forex Signal FXstreet.com The Foreign…
HedgeWeek SEC, CFTC Charge 2 Calif. Men, Companies In $80 Million Ponzi Scheme Wall Street Journal … filed a civil case in federal court in San Francisco, charging SNC Asset Management Inc. and SNC Investments Inc., both of Pleasanton, Calif., and Son, the chief executive, and Chung, chief financial officer, with allegedly running a forex scam. … SF: TWO BAY AREA MEN CHARGED WITH $80 MILLION PONZI SCHEME AIMED … CBS 5 Korean-American investors allegedly bilked of $80M in affinity fraud …
Colombia Central Bank Didn’t Intervene In Forex In May Wall Street Journal BOGOTA (Dow Jones)–The Colombian Central Bank didn’t intervene on the foreign exchange market in May, the monetary authority said in a statement Monday. In the first quarter of the year, the monetary authority sold a net $189 million. …
Dollar Continues Its Downward Path On Risk Tolerance Forexrazor, FL High-Risk Warning Forex , Futures, and Options trading has large potential rewards, but also large potential risks. The high degree of leverage can work against you as well as for you. You must be aware of the risks of investing in forex , futures, … Dollar Continues Its Downward Path On Risk Tolerance International Business Times all 82 news articles
Brazil offers to buy dollars in spot forex market Reuters SAO PAULO, June 9 (Reuters) – Brazil’s central bank offered to buy US dollars in the spot foreign exchange market on Tuesday, seeking to soak up a flood of greenbacks flowing into the country. Brazil’s currency, the real BRBY, was trading 1.6 percent …
FOREX -Dollar falls as economy hopes cool risk aversion Reuters By Harpreet Bhal LONDON, June 10 (Reuters) – The dollar declined across the board on Wednesday led by a retreat in risk aversion as stock prices in Europe and Asia were lifted by investor optimism about an improvement in the global economy. …
WORLD FOREX : Dollar Drops As Global Risk Sentiment Improves Wall Street Journal By Dan Molinski NEW YORK (Dow Jones)–The dollar fell sharply Tuesday as a pop in oil prices and stability in US stock markets boosted risk appetite and sent investors into currencies that pay higher yields than the greenback. Crude oil prices touched … FOREX -Dollar eases as risk sentiment improves Reuters WORLD FOREX : Dollar Down On More Cautious View Of Recovery Wall Street Journal WORLD FOREX : Dollar Drops As Global…
Financial Post FOREX -US dollar falls as investors pare bets for higher rates Reuters By Vivianne Rodrigues NEW YORK, June 9 (Reuters) – The US dollar fell broadly on Tuesday, ending a two-day winning streak, as investors questioned whether the economy had improved enough to justify talk of higher US interest rates by year end. … FOREX -Dollar pauses, investors reassess US rate view Reuters FOREX -Dollar steady, but off peaks before data, auctions Reuters FOREX -Dlr up on US yield rise, rate…
RTT News WORLD FOREX : Optimistic Investors Push Dollar Lower Wall Street Journal By Katie Martin Of DOW JONES NEWSWIRES LONDON (Dow Jones)–The dollar has dropped against most major currencies in European trading hours, as investors scaled back expectations for an interest rate rise in the US and resurgent risk appetite pushed the … WORLD FOREX : Dollar Eases Back; Sterling Recovers Ground Wall Street Journal WORLD FOREX : Dollar Stands Firm; Politics Pressure Pound Wall Street Journal all 68 news…
AFP WORLD FOREX : Dollar Up Slightly Vs Yen As Asia Shares Gain Wall Street Journal By Takashi Nakamichi TOKYO (Dow Jones)–The dollar regained some ground against the yen in Asia Wednesday, helped by Japanese investors’ bargain-hunting and an easing in risk aversion due to rising regional stocks. But traders expect the US currency … Forex Market Update: US Dollar Remains Under Pressure as Risk … Daily FX FOREX -Euro hurt by Ireland downgrade; dollar extends gains Reuters WORLD FOREX : Euro…
