Fibonacci Forex Trading Stock Trading News as of 7/10/08
Jul 10

Dollar ends firmer on trade data (Perth Now)

THE dollar closed firmer despite a fall in the nation’s trade balance for May as dealers held steady before an interest rate decision in Europe overnight.

How do I calculate forex pivot points? (Investopedia)

How do I calculate forex pivot points? Pivot points were originally developed by floor traders in the equity and commodity exchanges. They are calculated based on the high, low and closing prices of previous trading sessions, and are used by traders to predict support and resistance levels in the current or upcoming session.

Highlights 2-BOJ Nakamura: Overseas economies face strong risks (Reuters via Yahoo! Malaysia News)

(For more stories on the Japanese economy click [ID:nECONJP ])

Aussie’s streak ends (The Australian)

THE Australian dollar closed weaker yesterday for the first time in eight days as falling gold prices weighed down the commodities-driven unit.

Dollar ends weaker as gold falls (Daily Telegraph)

THE Australian dollar closed weaker today for the first time in eight days as falling gold prices weighed down the commodities-driven unit.

S. GURUMURTHY (The Hindu)

Even as crude oil prices have risen 40 per cent since January, the rupee has depreciated by almost 10 per cent against the dollar.

Is crude price logic not just crude logic? - Hindu Business Line

Hindu Business Line Is crude price logic not just crude logic? Hindu Business Line, India - Jun 23, 2008 Instead, even in April and May, the RBI kept buying dollars and increased its forex currency holdings from $299 billion at end-March 2008 to $305 billion at …

Dollar ends firmer on trade data - NEWS.com.au

Dollar ends firmer on trade data NEWS.com.au, Australia - Jul 3, 2008 Easy Forex currency dealer Anthony Botros said the Australian dollar traded in a tight range ahead of tonight’s events on either side of the Atlantic Ocean. …

Dollar firm awaiting Europe rate decision - The Australian

Dollar firm awaiting Europe rate decision The Australian, Australia - Jul 3, 2008 Easy Forex currency dealer Anthony Botros said the trade data was a bit poorer than the market’s forecasts of $950 million, but the subsequent sell-off was …

Dollar shows rare weakness - The Age

Dollar shows rare weakness The Age, Australia - Jun 24, 2008 “That’s what caused the Aussie to come to a bit of a sell-off last night,” Easy Forex currency dealer Anthony Botros said. “It just weighed heavily on it …

Dollar ends weaker as gold falls - Melbourne Herald Sun

Dollar ends weaker as gold falls Melbourne Herald Sun, Australia - Jun 24, 2008 “It just weighed heavily on it throughout the Asian session,” Easy Forex currency dealer Anthony Botros said. The Australian dollar hit its daily low five …

Rupee at 15-month low of 43.33/34 against USD - Sahara Samay

Rupee at 15-month low of 43.33/34 against USD Sahara Samay, India - Jul 1, 2008 Mumbai, July 1: After breaching the crucial 43-level yesterday, the Indian rupee lost another 31 paise today to close at 15-month low of 43.33/34 against …

Taiwan dlr flat on stocks, US strength, cash needs - Reuters India

Taiwan dlr flat on stocks, US strength, cash needs Reuters India, India - Jul 7, 2008 TAIPEI, July 7 (Reuters) - The Taiwan dollar closed flat on Monday as a boost in local stocks and exporter purchases of the local currency squared off …

Rupee up 14 paise at 43.12/13 against USD - Sahara Samay

Rupee up 14 paise at 43.12/13 against USD Sahara Samay, India - Jul 9, 2008 Mumbai, July 9: Aided by a downturn in crude prices, the Indian rupee today gained 14 paise at 43.12/13 against the greenback on expectations of fresh …

Regulatory steps and future of currency futures - Economic Times

Regulatory steps and future of currency futures Economic Times, India - Jun 10, 2008 Therefore, when forex currency swells, the RBI intervenes and ensures that the rupee does not appreciate too fast. This, in turn, could go against the ethos …

Central bank seeks ways to unlock ‘unofficial’ forex stock - Inquirer.net

Central bank seeks ways to unlock ‘unofficial’ forex stock Inquirer.net, Philippines - Jul 8, 2008 By Doris Dumlao The central bank, Bangko Sentral ng Pilipinas (BSP), is seeking ways to unlock its foreign exchange stock outside the official reserves …

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