Forex Trading News - 6/24/09
For today, in contracts.
(Recasts, updates prices, adds quote)
* Dollar, euro up vs Swiss franc
RIO DE JANEIRO (Dow Jones)–Brazil posted net foreign exchange inflows of $380 million in the June 1-19 period, the Brazilian Central Bank said Wednesday.
Forex markets traded in narrow ranges in the overnight session as traders saw past the immediate data docket, looking for tomorrow?s FOMC policy announcement to guide risk sentiment and set the directional bias for the US Dollar and major currencies.
US Dollar strength looks to be gaining momentum of major forex currencies as the greenback again becomes attractive as a safety play amid reversing stock and commodity markets.
CHICAGO—-W&A Publishing announces its latest book in the SFO Personal Investors Series to help unlock the secrets of trading. The new book, titled “SFO Personal Investor Series: Forex Trading” is available immediately.
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Agencies Mumbai, April 18: India’s forex reserves dipped by USD 2.183 billion to USD 252.977 billion for the week ended April 10, as against 255.160 billion in the previous week.
US Dollar strength looks to be gaining momentum of major forex currencies as the greenback again becomes attractive as a safety play amid reversing stock and commodity markets. Our short Euro, the British Pound and the Australian Dollar exposure yielded 250 pips from last week and we are eyeing opportunities to sell the Canadian and New Zealand dollars against the greenback.
PPA adjusts forex rate in Manila ports Business Mirror, Philippines THE Philippine Ports Authority (PPA) has allowed the adjustment of the peso-dollar exchange rate at the Manila International Container Terminal (MICT) and Manila South Harbor, the country’s two largest container terminals. In a memorandum circular, …
Sify Rupee steady at 48.55/56 against dollar Sify, India At the Interbank Foreign Exchange ( forex ) market, the domestic currency moved in a range of 48.38 and 48.58 during the day after resuming firm at 48.40/42 a dollar against its previous close of 48.56/57 a dollar. The rupee’s surge, however, … Rupee hits 1-month low on dollar gains Indian Express India’s Rupee Drops on Speculation Importers Selling Currency Bloomberg Rupee up tracking a rise in local equities Reuters India Economic…
WORLD FOREX : Dlr Rises Vs Yen, But FOMC Likely To Cap Gains Wall Street Journal By Andrew Monahan TOKYO (Dow Jones)–The dollar and euro gained slightly against the yen in Tokyo Wednesday as Japanese trust funds bought those units to purchase overseas assets. Anticipation of such investments, which the trust funds regularly make …
WORLD FOREX : FOMC Concerns Leave Dollar Falling Wall Street Journal By Nicholas Hastings Of DOW JONES NEWSWIRES LONDON (Dow Jones)–The dollar is under pressure against most other majors in Europe Wednesday as the market hunkers down for the results of the US Federal Open Market Committee meeting later in the day. …
Forex Hound Forex -Trends : EUR/USD Technical analysis Forex Hound, NY EURUSD ex-resistance line at 1.3997 was broken and positive trend has started, for now to break this trend, bears needs to push prices at least to the 1.3990 price level. At current situation bulls taking the lead and buying options can be considered. …
Forex Hound Forex - US Session: Dollar Resumes Downward Trend After Session of … Forex Hound, NY Although every investment involves some degree of risk, the risk of loss in trading off-exchange forex contracts can be substantial. Therefore if you are considering trading in this market, you should be aware of the risks associated with this product … US DOLLAR BULLISH AFTER THE FOMC MEETING ForexTV.com all 6 news articles
AFP FOREX -Dollar, yen climb as risk appetite retreats Reuters If there are fiscal problems in Germany, all the other states in the euro zone just crumble by the wayside,” said Boris Schlossberg, director of currency research at GFT Forex in New York. “That’s why the market is reacting so negatively. … Video: Currency Outlook - Dollar Declines Against the Euro - Bloomberg Bloomberg US dollar falls broadly as equities stabilize guardian.co.uk FOREX -Dollar advances after Fed; Swiss franc…
Will the US Dollar Rally Be Short-Lived? 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, …
SEC says 4 partners ran $11 million Ponzi scheme The Associated Press OMAHA, Neb. (AP) — The Securities and Exchange Commission says four business partners defrauded investors out of more than $11 million by promising significant returns on a fictitious no-risk investment. The SEC filed a federal lawsuit and obtained an … Ex-CEO, SEC Settle $25M Forex Ponzi Scheme Suit Securities Law 360 (subscription) all 92 news articles
RTT News WORLD FOREX :Swiss Franc Drops Vs Euro,Dlr On Likely SNB Move Wall Street Journal By Riva Froymovich Of DOW JONES NEWSWIRES NEW YORK (Dow Jones)–The Swiss franc dropped sharply Wednesday against the dollar and euro after what traders said was likely a currency-market intervention. The Swiss National Bank couldn’t be reached to … FOREX -Dollar jumps vs Swiss franc; FOMC statement looms Forex Pros = WORLD FOREX :Dollar Rallies On Less-Dovish FOMC, Likely SNB Move Zawya WORLD FOREX
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