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Category — Forex News

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…
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    June 10, 2009   No Comments

    Forex Trading News – 6/8/09

    FXstreet.com (Córdoba) – Dollar is falling across the board during the American session. Against the Swiss Franc has been moving to the downside after reaching an intra-day high 1.0982. USD/CHF tested levels below 1.0900 but failed to stay under that level.
  • The markets continue to work off two months of built up risk appetite; but is that the dollar’s only boon? – Are you a fundamental or technical trader? Get the outlook from both sides on DailyFX..
  • FXstreet.com (Córdoba) – GBP/USD reached the highest of the day at 1.6100. From there the pair rebounded to 1.6050. Currently is traded at 1.6060 which is 0.68% above today opening price.
  • 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.
  • Fxstreet.com (Barcelona) – The EUR/USD is continuing with its fast decline in the European session from 1.4000 in the Asian session to break 1.3930, falls below 1.3850 and reach 1.3800 as 1-week low. The pair is trading 1.10% below today’s opening price, falling towards levels close to 1.3800.
  • Political tensions in the U.K. weighed on the British pound during the previous week, and pushed the EUR/GBP higher to retrace the sell-off from the end of May, and the pair may continue to advance over the near-term as investors weigh the outlook for future policy.
  • Daily Forex News and Commentary Forex Hound, NY As forex specialist, ACM provides only currency and precious metals trading via highly professional forex trading software. All customers are aware that this information or any part thereof has been prepared without taking account of your objectives, … Forex ? USD Rallies Back on Stronger US data FXstreet.com The Foreign Exchange Market all 6 news articles
  • EURUSD Resistance Begins at 1.4000 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, …
  • Forex District Forex Market Update: EUR/USD Declines Ahead of Sentix Investor … Daily FX, NY EUR/USD came back under pressure to hit European lows of 1.3901. Selling was noted from European interbank names and model funds from 1.3960, while option related sellers also came back to the fore amid reports of more euro put interest. … EUR/USD Limit Sell at 1.4018 Forex District Chart of the Day EUR/USD – June 8, 2009 Forex District all 3 news articles
  • Hungary Ctrl Bank Allots CHF699M In One-Week Forex Swap Op Wall Street Journal The National Bank of Hungary said Monday it has allocated 699 million Swiss francs ($644.097 million) in a one-week euro/Swiss franc swap operation. Under the operation, which was set at -1.43swap points, banks provide euros to the central bank and …
  • HK forex reserves at $205.1 bln at end-May – HKMA Forbes, NY HONG KONG, June 8 (Reuters) – Hong Kong’s official foreign currency reserve assets stood at $205.1 billion at end-May, the Hong Kong Monetary Authority said on Monday, up 6.0 percent from $193.4 billion at the end of April. Hong Kong, whose currency is …
  • WORLD FOREX :D lr Falls Vs Euro,Yen As Asian Players Take Pfts Wall Street Journal By Andrew Monahan Of DOW JONES NEWSWIRES TOKYO (Dow Jones)–The dollar fell slightly against the yen and euro in Tokyo Monday as Asian players sold the US unit to take profits following its rise Friday in New York on a better-than-expected US jobs … US dollar eases against yen, euro in Asian trade eTaiwan News all 7 news articles
  • WORLD FOREX : Dollar Stands Firm; Politics Pressure Pound Wall Street Journal By Katie Martin LONDON (Dow Jones)–The dollar has built on recent gains in European trading hours Monday, although sterling’s post-election stumble has grabbed much of the market’s attention. The euro fell below $1.39 against the dollar for the first …
  • Brazil offers to buy dollars in spot forex market Reuters SAO PAULO, June 8 (Reuters) – Brazil’s central bank offered to buy US dollars in the spot foreign exchange market on Monday, seeking to soak up a flood of greenbacks flowing into the country. Brazil’s currency, the real BRBY, was trading 0.66 percent …
  • Washington Times FOREX -Dlr up on US yield rise, rate expectations Reuters By Tamawa Desai LONDON, June 8 (Reuters) – The dollar rose against a basket of currencies on Monday, extending sharp gains made late last week as US Treasury yields rose to seven-month highs after key jobs data, prompting demand for the US currency. … WORLD FOREX : Dollar Jumps As US Jobs Report Beats Forecasts Wall Street Journal Mortgage Rates, The Fed And Treasuries International Business Times FOREX -Dollar extends gains…
  • Forex District WORLD FOREX : Euro Down Vs Big Rivals As Risks Resurface Wall Street Journal By Riva Froymovich Of DOW JONES NEWSWIRES NEW YORK (Dow Jones)–The euro fell versus the dollar, yen and UK pound Monday as risk aversion resurfaced and traders took profits on its recent rally, particularly after Standard & Poor’s downgraded Ireland’s … FOREX -Euro hurt by Ireland downgrade; dollar extends gains Reuters Forex NY Update: Euro Falls Below $1.40 Forex District FOREX -Dollar posts…
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    June 8, 2009   No Comments

    Forex News as of 6/7/09

    Thane, Jun 07 (UNI) The city-based Thane Janata Sahakari Bank (TJSB) today announced that its gross profit stood at Rs 58.92 crore and the financial turnover of its forex business was Rs 419.09 crore for the current fiscal, as against Rs 330 crore for the previous fiscal.
  • June 7 (Reuters) – Israel’s foreign currency reserves rose by $2.47 billion to $47.55 billion in May, the Bank of Israel said on Sunday.
  • US Dollar: Bearish Sentiment Extreme Points to Further USD Gains Euro May Fall Further If Data Signals Need for Additional ECB Action Yen the Default Counter Currency as Fundamentals Fail British Pound at the Mercy of Risk Appetite as Fundamentals Crumble Swiss Franc Forecast Remains Bearish on SNB Intervention Risks Canadian Dollar May Weaken Further as Trade Conditions Deteriorate Australian …
  • After rising over $6 billion for the week ended May 22, country’s foreign exchange reserves rose by $1.67 billion to $262.3 billion, for the week ended May 29.
  • FX or Forex trading refers to trading on the Foreign Exchange Market. This is the market where foreign currency is traded. As cash has the most liquidity, this market is the most liquid of the financial markets in the world.
  • MUMBAI: India’s forex reserves rose by $1.667 billion to $262.306 billion, for the week ended May 29, as compared to $260.639 billion in the previous week.
  • Most Forex Brokers will support some level of leverage capacity, marketing the concept as a shortcut to big profits for traders with limited initial capital. Leverage can be an effective profit multiplier for Investtechfx traders; however some traders are using it without understanding the risk that goes with it. www.investtechfx.com
  • The forex market saw trading ranges narrow dramatically in the overnight session as traders looked ahead to the looming event risk of May’s US Non Farm Payrolls report to guide directional momentum. Switzerland’s Consumer Price Index and UK Producer Prices are on tap in European hours.
  • The forex markets remain volatile today, as the Canadian dollar and euro have shot higher while the British pound has been the weakest of the majors, following rate decisions from their respective central banks.
  • Forex options markets currently show traders are the most bearish the US Dollar in the past calendar year?bolstering the case for a noteworthy US dollar bottom. In fact, Euro/US Dollar risk reversals now show that traders are the most bullish the EUR/USD since early 2003.
  • RPT-FEATURE-Small investors flock to forex trading amid crisis Reuters And unlike stock traders who often face rules on short-selling — or betting that share prices will fall — forex investors are free to go long or short since currencies are traded in pairs. The investor is always buying one and selling another. …
  • JUNE 8 – PROSTICKS ICHIMOKU FOREX TECHNICAL REPORT FOR EUR, GBP … ForexTV.com, NY Friday’s low was right at our stop level at 1.3930 and our long position was stopped out for profit. Daily closed with upper extreme tail at 1.4220 , weekly bearish reversal capped by kumo upper band made us believe that market shall retrace deeper. …
  • Forex – Waiting on NFP Forex Hound, NY As forex specialist, ACM provides only currency and precious metals trading via highly professional forex trading software. All customers are aware that this information or any part thereof has been prepared without taking account of your objectives, …
  • Ideal World Forex Annouces New Joint Venture With CashBackFX.com TransWorldNews (press release), GA Ideal World Forex , a full service foreign exchange broker, announces the formation of a new partnership with www.CashBackFX.com. This business venture is a unique cooperation with an innovative new player in the Forex industry. …
  • Globe and Mail WORLD FOREX : Dollar Easing Back After Corrective Jump Wall Street Journal By Katie Martin Of DOW JONES NEWSWIRES LONDON (Dow Jones)–The dollar has once again weakened in European trading hours Thursday, after its overnight surge against a range of major currencies reminded markets that flogging the dollar is not a one-way … FOREX -Dollar rebounds, helped by Asia comment, weak data Reuters Forex trends: dollar shows mixed trading versus the rivals Ecommerce Journal FOREX -Dollar…
  • Bank changes tack on forex The Times, South Africa RESERVE Bank governor Tito Mboweni has revised his opposition to interventions by the central bank in the foreign exchange market and is now willing to “lean against the wind” to counter extreme fluctuations in the value of the rand. …
  • ABC News FOREX -Dollar down as Bernanke remarks weigh; c.banks eyed Reuters By Jamie McGeever LONDON, June 4 (Reuters) – The dollar weakened on Thursday as remarks by Federal Reserve Chairman Ben Bernanke on fiscal deficits the previous day encouraged dealers to push the currency back down toward the lowest levels of the year. … About this author: Seeking Alpha World Currency Watch Sovereign Society all 1,242 news articles
  • WORLD FOREX : Dollar Mixed Ahead Of Payrolls, Pound Suffers Wall Street Journal By Gary Stride Of DOW JONES NEWSWIRES LONDON (Dow Jones)–The dollar is mixed in light trade Friday with most players keeping to the sidelines ahead of the US non-farm payrolls report at 1230 GMT. However one place where the dollar is moving sharply … FOREX -Dollar on hold before payrolls; pound slides Reuters FOREX -Dollar dips on growing risk appetite, US jobs eyed Reuters FOREX -Dollar slips, eyes on payrolls; sterling…
  • Globe and Mail WORLD FOREX : Euro, Pound Extend Fall Vs Dlr After Jobs Data Wall Street Journal By Riva Froymovich Of DOW JONES NEWSWIRES NEW YORK (Dow Jones)–The euro and UK pound extended their fall to fresh one-week lows against the dollar Friday morning after positive US data supported the US currency. For the first time in many months, … Video: Trichet: Eurozone Deflation to Bottom Out During Summer EUX.TV FOREX -Euro rises on ECB rate view; US jobs data loom Reuters WORLD FOREX : Dollar On…
  • Washington Times WORLD FOREX : Dollar Jumps As US Jobs Report Beats Forecasts Wall Street Journal By Dan Molinski OF DOW JONES NEWSWIRES NEW YORK (Dow Jones)–The dollar rose sharply Friday as a better-than-forecast US jobs report spurred talk of eventual interest-rate hikes by the Federal Reserve. The Labor Department said nonfarm payrolls slid … Mortgage Rates, The Fed And Treasuries International Business Times all 145 news articles
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    June 7, 2009   No Comments

    Forex Trading News as of 8/7/08

    Forex Traders Signal US Dollar Rallies Daily FX, NY - 9 hours ago Find our more in the DailyFX Forex Forum EURUSD – Forex traders continue to buy the euro according to proprietary currency trading data, and we see the …
  • Sify RBI issues guidelines for trading in currency future Newstrack India, India - 14 hours ago RBI has also stated that there should be separate membership of recognised stock exchange for currency future trading from equity derivatives segment or the … RBI, Sebi clear decks for trading in currency futures Moneycontrol.com RBI, SEBI finalize guidelines for currency futures NDTV.com RBI, SEBI issues norms on currency futures India Infoline.com SINDH TODAY  - Calcutta Telegraph all 132 news…
  • Maktoob Euro Slumps to Five-Month Low on Reduced Bets for Higher Rates Bloomberg - 1 hour ago The euro fell to $1.5195, the lowest since March 5, before trading at $1.5216 at 12:37 pm in Tokyo, from $1.5325 late yesterday in New York. … FOREX -Dollar slips from 7-month high vs yen, ECB awaited Forbes Market Overview by Forex Yard Forex Hound * Dollar/yen hits 7-week high of Y108.48 on lower oil guardian.co.uk Bloomberg  - Bloomberg all 505 news articles
  • MCX plans currency exchange Times of India, India - 9 hours ago The presence of forex bourses could help bring down the cost of trading and also could bring in higher flexibility and greater choice for hedging forex …
  • Reuters PFX Forex Trading Outlook: 6 August 2008 Forex Factory - Aug 5, 2008 The USD/CAD actually moved up above a key resistance level—signaling that the sideway, range-bound channel the currency pair has been trading in is … Aussie stuck near 3-mth lows ahead of rate decision Reuters FX Hub Aussie falls further against dollar Commodity Online FOREX -Dollar dips on oil rise, central bank meetings eyed Hemscott FXstreet.com The Foreign Exchange Market  - Commodity Online all 238 news articles…
  • PFX Forex Trading Outlook: 7 August 2008 Forex Factory - Aug 6, 2008 Interest rates, interest rates, interest rates…they make the forex world go ’round. Tomorrow, we have the Bank of England (BOE) and the European Central …
  • Oil Trading Gets More Difficult For Banks TradeTNT.com, Switzerland - 18 hours ago This entry was posted on Thursday, August 7th, 2008 at 6:26 am and is filed under Forex News, Forex Trading . You can follow any responses to this entry …
  • PFX Forex Trading Outlook – August 8, 2008 Forex Factory - 6 hours ago One way or the other, prices will likely provide enough information in the next couple of trading sessions to forecast whether the USD is moving higher or …
  • Currency Trading Signals Point to Trends in Euro and other Major … Daily FX, NY - 14 hours ago Currency trading markets are primed for trend trading through the medium term, as the vast majority of forex pairs are in the midst of extended medium-term …
  • Currency Trading from Your Mobile Device Forex Hound, NY - 9 hours ago With DealBook Mobile, it is possible to engage in currency trading on the FX market from your mobile device. There are three options available for forex …
  • This site has good insight into what makes a good forex robot and has a free one which I have tested and actually works. The PDF is good and shows you how to apply the forex trading system in clear steps, even a novice can follow.
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  • The ADX indicator is a very strong indicator that is fairly reliable if you know how to use it correctly. What to learn how to trade forex with profit? Check out this forex video.
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  • So, at this time according to you what it would be profitable to buy and sell China currency in stocks market ?
  • LONDON (Thomson Financial) – The U.S. dollar was trading just off a seven-week high against the yen, supported by falling oil prices despite last night’s U.S. interest rate announcement that dampened expectations of borrowing costs rising any time soon.
  • Trading the Forex market has became very popular in the last few years. But how difficult is it to achieve success in the Forex trading arena? Or let me rephrase this question, how many traders achieve consistent profitable results trading the Forex market?
  • Offers free and premium currency charts, links, reviews, info, and tips for trading in the forex market.
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    August 8, 2008   No Comments

    Forex News as of 7/21/08

    FOREX: Ringgit Opens Little Change Against U.S Dollar (Bernama)

    KUALA LUMPUR, July 22 (Bernama) — The ringgit flat against the U.S dollar in the early trading today on lack of fresh buying, dealers said. At 9am, the local unit almost flat against the greenback at 3.2360/2385 compared with yesterday’s closing of 3.2360/2390.

    (AFX UK Focus) 2008-07-22 02:13 FOREX-Dollar steady but capped by financial concerns (Interactive Investor)

    TOKYO, July 22 (Reuters) – The dollar was steady on Tuesday but firmly capped as investors think the worst of the problems in the U.S. financial system are far from over, which effectively lends support to the euro.

    Canadian National profit nipped by forex, fuel costs (The Globe and Mail)

    VANCOUVER, British Columbia (Reuters) – Canadian National Railway posted an 11 percent drop in second-quarter earnings on Monday, nipped by a stronger Canadian dollar and higher fuel costs, but still beat expectations.

    Forex in 60 Seconds – USD/JPY Dives On AmEx Q2 Results, Canadian Retail Sales May Weigh On USD/CAD (Daily FX)

    · Are the commodity dollars bound to decline this week? Find out in Technical Strategist Jamie Saettele’s Top Currency Trading Ideas · Which economic indicators are likely to move the markets?

    Canadian National profit nipped by forex, fuel costs (Reuters via Yahoo! Canada News)

    Canadian National Railway posted an 11 percent drop in second-quarter earnings on Monday, saying the stronger Canadian dollar and higher fuel costs crimped its bottom line.

    FOREX-Dollar falls as worries about U.S. banks persist (Reuters via Yahoo! Singapore News)

    * Dollar falls on continued worries about U.S. financials

    FOREX-Dollar slips amid persistent US bank worries (Reuters via Yahoo! Singapore News)

    (Recasts; adds comments, updates prices)

    FOREX-Dlr on back foot near lows, financials in focus (Reuters via Yahoo! Malaysia News)

    * Euro up 0.2 percent at $1.5880

    5 Key Events for the Forex Market This Week 07.21.08 (Daily FX via Yahoo! Finance)

    Event risk for the forex markets will be scattered this week, as the Australian dollar faces inflation data, the British pound will grapple with central bank commentary and Q2 GDP, while the US dollar could weaken on the release of durable goods orders.

    Auto firms’ profit may be hurt by costs, forex losses (rediff.com)

    India’s four-wheeler sector may post a flat profit growth in the first quarter due to a rise in input costs. The cost of automobile steel, which constitutes about 40 per cent of the total raw materials, rose by more than 25 per cent during the three-month period. Prices of raw materials like aluminium, copper, rubber and fuel also appreciated significantly.

    Daily Forex Snapshot – ACM – Forex Hound

    Daily Forex Snapshot – ACM Forex Hound, NY - 19 hours ago Usd was stable in Asian session as the lack of new data and non-data events gave speculators nothing new to trade on. EurUsd stayed well within Fridays …

    Market Overview by Forex Yard – Forex Hound

    Market Overview by Forex Yard Forex Hound, NY - 19 hours ago When glancing back at a weekly chart several months from now, one will look at the change in the market last week and consider it a normal one. … Forex Traders Buy Dollar as Financial Market Confidence Returns International Business Times Daily Commentary by James Hyerczyk Forex Factory Market Overview by Forex Yard Forex Hound Forex Hound  - Forex Hound all 28 news articles

    Forex – Dollar firms on firm Bank of America results – Forbes

    Forex – Dollar firms on firm Bank of America results Forbes, NY - 14 hours ago LONDON (Thomson Financial) – The dollar stabilised against the euro as early US earnings reports came in on the strong side, giving stock market futures a …

    UPDATE 1-Canadian National profit nipped by forex, fuel costs – Reuters

    UPDATE 1-Canadian National profit nipped by forex , fuel costs Reuters - 6 hours ago VANCOUVER, British Columbia, July 21 (Reuters) – Canadian National Railway (CNR.TO: Quote, Profile, Research, Stock Buzz) posted an 11 percent drop in …

    FOREX-Dollar steady but capped by financial concerns – ????

    FOREX -Dollar steady but capped by financial concerns ????, Hong Kong - 2 hours ago In relation to the stock quote service (the “Quote Service”) information, the stock price, trade volume and turnover are provided by The Stock Exchange of …

    Forex – Dollar little changed vs. major currencies, Japan on holiday – Forbes

    FinFacts Ireland Forex – Dollar little changed vs. major currencies, Japan on holiday Forbes, NY - Jul 20, 2008 Friday’s gains on a hawkish turn in expectations about Federal Reserve monetary policy after a rally in the US financial sector and bullish comments by … Volatile Market Conditions: To Stay Profitable, Make Quick Trades Seeking Alpha FOREX -Dollar rises with stocks as oil price plunges Reuters India Mr. Bernanke: The New “Death Star” Sovereign Society Bloomberg  - Forbes…

    Forex – Dollar remains dogged by US banking concerns – Forbes

    Forex – Dollar remains dogged by US banking concerns Forbes, NY - 18 hours ago LONDON (Thomson Financial) – The dollar continued to be weighed down by worries about the health of the US financial sector ahead of earnings reports from …

    Virbac Q2 sales drop on forex impact; co maintains FY organic … – Forbes

    Virbac Q2 sales drop on forex impact; co maintains FY organic … Forbes, NY - 9 hours ago PARIS (Thomson Financial) – Animal medication specialist Virbac said its second-quarter sales fell as it was again affected by a strong euro, …

    FOREX-Dlr on back foot near lows, financials in focus – Reuters

    StarPhoenix FOREX -Dlr on back foot near lows, financials in focus Reuters - 16 hours ago By Naomi Tajitsu LONDON, July 21 (Reuters) – The dollar slipped on Monday, staying near a record low against the euro on concerns about the health of the US … FOREX -Dollar boosted by Citi results but sentiment shaky Reuters UK FOREX -Dlr steadies off record low, financials in focus Reuters FOREX -Dollar boosted by Citi results even as fears remain Reuters UK all 187 news articles

    FOREX-Dollar slips amid persistent US bank worries – Reuters UK

    FOREX -Dollar slips amid persistent US bank worries Reuters UK, UK - 11 hours ago By Wanfeng Zhou NEW YORK, July 21 (Reuters) – The dollar slipped on Monday, losing some of its recent momentum, after better-than-expected earnings from …

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    July 21, 2008   No Comments

    Forex Trading News as of 7/14/08

    (AFX UK Focus) 2008-07-15 01:57 Forex – Dollar mixed vs. major currencies ahead of inflation data (Interactive Investor)

    SYDNEY (Thomson Financial) – The U.S dollar was mixed against major currencies in midmorning trade in Sydney on Tuesday ahead of the release of producer price data which is expected to show that some inflationary pressures remain in the U.S. economy.

    Forex In 60 Seconds – Fear Of A Coming Financial Crisis Adds To Surprise Data For High Dollar Volatility (Daily FX)

    · Freddie Mac and Fannie Mae concerns still hanging over the US financial system and the greenback. · European central banks will find rate decisions even more difficult to decide with inflation data soaring and growth numbers plunging today.

    FOREX-Dollar up vs euro on Fannie, Freddie rescue plan (Reuters via Yahoo! Malaysia News)

    * Freddie Mac, Fannie Mae rescue lifts dollar vs euro

    Shekel gains despite higher c.bank forex purchases (Reuters via Yahoo! Philippines News)

    By Steven Scheer

    5 Key Events for the Forex Market This Week 07.14.08 (Daily FX via Yahoo! Finance)

    The US dollar, British pound, euro, and Canadian dollar ALL face significant event risk this week. However, volatility may be contained to two days, as the most important releases will hit the wires on Tuesday and Wednesday.

    China’s forex stockpile hits record $1.8 trillion (Market Watch)

    China’s foreign-exchange reserves climbed $126.6 billion in the April-to-June quarter, lifting total reserves to $1.81 trillion, according to data released by the People’s Bank of China Monday.

    China’s forex reserves climb past 1.8 trillion dollars: central bank (AFP via Yahoo! News)

    China said Monday its foreign exchange reserves had surpassed 1.8 trillion dollars but slower growth in June suggested the flow of potentially dangerous “hot money” into the country may be easing.

    Learn Forex Trading: Forex Trading Made Easy with eToro Trading Platform (PRWeb)

    eToro, a market leading forex website, has introduced a highly intuitive forex trading platform with a host of exciting tools that help traders gain the necessary skills for real time trading. ForexFace is a new forex trading education resource, with a wide range of articles and resources for novice and advanced traders alike. Together, eToro and ForexFace form a comprehensive solution that is …

    Learn Forex Trading: Forex Trading Made Easy with eToro Trading Platform (PRWeb via Yahoo! News)

    eToro, a market leading forex website, has introduced a highly intuitive forex trading platform with a host of exciting tools that help traders gain the necessary skills for real time trading.

    China’s forex reserves hit 1.8088 trillion dollars: central bank (AFP via Yahoo! News)

    China’s foreign exchange reserves, already the world’s largest, rose to 1.8088 trillion dollars at the end of June, the central bank said on Monday.

    China forex regulator responds to article denying ‘hot money’ problem – ????

    China forex regulator responds to article denying ‘hot money’ problem ????, Hong Kong - 13 hours ago BEIJING (MNI) – The Chinese foreign exchange regulator has taken the unusual step of responding to a domestic media report, taking issue with an article in …

    Shekel gains despite higher c.bank forex purchases – Reuters India

    Shekel gains despite higher c.bank forex purchases Reuters India, India - 11 hours ago By Steven Scheer JERUSALEM, July 14 (Reuters) – Israel’s shekel gained 1.5 percent against the dollar on Monday, after selling emerged in the dollar once …

    Forex – Dollar mixed vs. major currencies ahead of inflation data – Reuters FX Hub

    ABC News Forex – Dollar mixed vs. major currencies ahead of inflation data Reuters FX Hub, NY - 36 minutes ago But the market remains divided about the Federal Reserve’s resolve to fight inflationary pressures when the US economy is tethering on the edge of … Fed poised to curb shady home-lending practices BusinessWeek all 917 news articles

    Forex loss takes its toll on HCL Technologies – NDTV.com

    Forex loss takes its toll on HCL Technologies NDTV.com, India - 15 hours ago HCL Technologies slumped 7.82% to Rs 220.35 at 11:32 IST on BSE after the company said on Friday, 11 July 2008, it may incur forex losses between $65-75 …

    China’s forex reserves climb past 1.8 trillion dollars: central bank – AFP

    Turkish Press China’s forex reserves climb past 1.8 trillion dollars: central bank AFP - 13 hours ago China’s forex reserves, already the world’s largest, rose to 1.8088 trillion dollars at the end of June. The figure was up 35.7 percent from a year earlier … China’s forex stockpile hits record $1.8 trillion MarketWatch China’s forex reserve reaches $1.809 trln by June China Daily China’s forex reserve reaches $1.809 trillion by June Xinhua ChinaStakes.com  - GulfNews all…

    China sees slower growth in forex reserves – Financial Times

    China sees slower growth in forex reserves Financial Times, UK - 7 hours ago By Geoff Dyer in Beijing China’s foreign exchange reserves grew at their slowest pace in more than two years in June, prompting questions over whether the …

    EARNINGS PREVIEW: Europe Drug Cos’ 2Q Focus On Outlook, Forex – CNNMoney.com

    EARNINGS PREVIEW: Europe Drug Cos’ 2Q Focus On Outlook, Forex CNNMoney.com - 13 hours ago TAKING THE PULSE: Most major European drugmakers are expected to maintain or slightly raise their guidance for 2008 when they report second-quarter earnings …

    Forex – Dollar on back foot as relief from bailouts wear off – Forbes

    Investment Markets Forex – Dollar on back foot as relief from bailouts wear off Forbes, NY - 8 hours ago LONDON (Thomson Financial) – The dollar fell back once the initial relief wore off after the US government’s effective bail out of US mortgage giants Fannie … Video: Parties Unite To Save Homes CBS Forex Options: 3-Month Dollar/Yen Options Up Despite US Steps Smartmoney.com FOREX -Dollar extends drop after Paulson’s comments Reuters Elliott Wave  - Inquirer.net all 383 news articles…

    FOREX-Dollar up vs euro on Fannie, Freddie rescue plan – Reuters

    StarPhoenix FOREX -Dollar up vs euro on Fannie, Freddie rescue plan Reuters - 4 hours ago By Steven C. Johnson NEW YORK, July 14 (Reuters) – The dollar rose from a near record low against the euro on Monday after the United States announced an … FOREX -Dollar gains on US mortgage finance rescue plan Reuters FOREX -Dollar surrenders some gains as US stocks ease Reuters FOREX -Dlr steadies as stocks recover, concerns remain Reuters Reuters  - Reuters all 1,748 news articles

    FOREX-Dollar wins respite on US rescue plan – Reuters

    FOREX -Dollar wins respite on US rescue plan Reuters - 13 hours ago By Veronica Brown LONDON, July 14 (Reuters) – The dollar rowed back from a near-record low against the euro on Monday after the United States unveiled an … Video: Bank worries offset Fannie rescue ReutersVideo Fannie Mae, Freddie Mac Turmoil Stuns China’s Forex Reserves ChinaStakes.com Dollar firms against euro after US lifeline for Freddie, Fannie AFP Forbes  - Forbes all 6,748 news articles

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    July 14, 2008   No Comments

    Forex Currency Trading News as of 7/10/08

    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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    July 10, 2008   No Comments

    Foreign Exchange News as of 7/7/08

    Business & Finance (Times of Malta)

    Daily currency report – Commercial Foreign Exchange Travelex Malta, freephone: 800 733 22, www.travelex.com/mt/ Falling equity markets, record high oil prices and geopolitical tensions combined with high inflation and weak growth figures hurt sentiment…

    Seoul warns of currency intervention (Asia News Network)

    The South Korean Finance Ministry and the Bank of Korea said yesterday (July 7) they would intervene in the foreign exchange market to strengthen its currency and curb inflation if there was excessive movement in the won. Foreign reserves will also be used if necessary, they said.

    Foreign exchange reserves hit $36.7b (Manila Standard Today)

    Dollars, gold and other foreign currencies held by the central bank rose to a fresh record of $36.7 billion at the end of June on the back of a huge deposit of proceeds from the privatization of a power plant, the Bangko Sentral ng Pilipinas said yesterday.

    State Bank says successful in easing monetary fears (Vietnam Net)

    VietNamNet Bridge – Interest rates and foreign-currency exchange-rate concerns in the market have been eased thanks to a series of measures taken by the State Bank of Viet Nam to stabilise the country’s monetary market.

    S.Korea to keep taking steps in FX market – c.bank (Reuters via Yahoo! Philippines News)

    SEOUL, July 8 (Reuters) – South Korea will continue to take stern measures in the currency market until expectations for a fall in the won end, a foreign exchange official at the central bank said on Tuesday.

    [Read more →]

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    July 8, 2008   No Comments