Currency

Forex Trading News

  • Dollar wins back ground Wednesday, August 20, 2008 @ 7:37AMLONDON, Aug 20, 2008 (AFP) - The dollar rebounded against the euro and the yen on Wednesday, despite ongoing worries about the health of the US economy highlighted by analysts.
  • Kenya: Bank Chief Warns - Dirty Cash a Threat to Economy Wednesday, August 20, 2008 @ 5:37AMEastern and Southern African countries are vulnerable to money laundering because of their mainly cash-based economies, Central Bank of Kenya governor Prof Njuguna Ndung'u has said.
  • CMC Markets Opens in Dublin; Revolutionary Fixed Risk CFD Account to be Launched Wednesday, August 20, 2008 @ 5:07AM CMC Markets Plc ("CMC") the leading global provider of retail derivatives, is set to open an office in Dublin on Thursday February 28 th as the company continues to expand across the globe. (PRWeb Aug 20, 2008) Read the full story at http://www.prweb.com/releases/2008/08/prweb1221774.htm
  • Rand a tad firmer this morning Wednesday, August 20, 2008 @ 3:28AMThe rand is a tad firmer this morning. Forex dealers attributed this to the slightly weaker US dollar. Local financial markets face an uncertain outlook today mainly due to weaker commodity prices, the volatile exchange rate and a further tumble on Wall Street.
  • CMC Markets Opens in Dublin; Revolutionary Fixed Risk CFD Account to be Launched Wednesday, August 20, 2008 @ 3:01AM CMC Markets Plc ("CMC") the leading global provider of retail derivatives, is set to open an office in Dublin on Thursday February 28 th as the company continues to expand across the globe.
  • (AFX UK Focus) 2008-08-20 06:00 Thomson Financial Europe AM at a glance share guide: Stocks, oil mixed Wednesday, August 20, 2008 @ 1:03AMLONDON (Thomson Financial) - US SUMMARY: Stocks fall on inflation data, financial worries Index Change Percent change
  • RBI hops between spot, forward for a stable Re Tuesday, August 19, 2008 @ 7:02PMThe central bank is juggling between the spot and forward markets to prevent the rupee from slipping without drying up its supplies.
  • Trump in India: Late to the Party? Tuesday, August 19, 2008 @ 7:02PMTrump in India: Late to the Party?
  • Getting Smarter on School Loans Tuesday, August 19, 2008 @ 4:46PMAs private lenders bail, more students will turn to federal funds, which offer better rates and terms
  • Dollar posts slight gains, euro edges down on MICEX Tuesday, August 19, 2008 @ 3:06PMMOSCOW. Aug 19 (Interfax) - The U.S. dollar's exchange rate against the ruble grew slightly on the Moscow Interbank Currency Exchange (MICEX) on Tuesday, while the euro slid down on both the Russian market and the international Forex market.
  • FOREX-US dollar falls for 2nd straight day as stocks weigh Tuesday, August 19, 2008 @ 12:29PM* U.S. dollar reverses gains as stocks fall, oil rises
  • India Abortion Activists Target Google, Yahoo & Microsoft Tuesday, August 19, 2008 @ 12:22PMIndian activists are taking the search giants to court, alleging they accept ads for products allowing expectant parents to learn the sex of their child
  • Sony Ericsson's Answer to the iPhone? Tuesday, August 19, 2008 @ 12:22PMSony Ericsson's Xperia mobile phone won't be released for a couple of months, but it's getting a lot of buzz in the blogosphere
  • Doubly Bad Economic News Tuesday, August 19, 2008 @ 12:02PMJuly wholesale inflation surged, while new-home construction slowed to a pace not seen since the 1991 Gulf War
  • Analyst Actions: Lehman, Wellcare, Dick's Sporting Goods Tuesday, August 19, 2008 @ 11:46AM
  • A Double Dose of Bad Economic News Tuesday, August 19, 2008 @ 11:02AMJuly wholesale inflation surged, while new-home construction slowed to a pace not seen since the 1991 Gulf War
  • Wholesale Prices Surge Tuesday, August 19, 2008 @ 9:38AMA July spike makes the year's rise the fastest pace since 1981
  • Japanese Yen Forecast In the Wake of BoJ Meeting Tuesday, August 19, 2008 @ 9:22AMThe Japanese yen could be particularly vulnerable against the U.S. dollar on interest rate differentials. The Bank of Japan left its key interest rate unchanged and downgraded its view of the Japanese economy.
  • (AFX UK Focus) 2008-08-19 10:03 Hong Kong shares close lower on economic, earnings worries - UPDATE Tuesday, August 19, 2008 @ 5:35AMHONG KONG (Thomson Financial) - Hong Kong shares closed lower on Tuesday, extending their fall into a third day as investors continued to worry that slowing global economic growth may squeeze corporate earnings in the months ahead.
  • Forex Seasonality Update: We Forecast USDCAD Declines Monday, August 18, 2008 @ 4:37PMOur recent forex seasonality report made an argument for a substantial reversal in the Canadian dollar and Japanese Yen through the month of August, but we have yet to see any major moves in either the USDJPY or USDCAD. We forecasted that both the Canadian and Japanese Yen would appreciate through the past week of trade, and both forex pairs have gone almost nowhere through that stretch.
  • Forex Seasonality Update: We Forecast USDCAD Declines Monday, August 18, 2008 @ 4:14PM Our recent forex seasonality report made an argument for a substantial reversal in the Canadian dollar and Japanese Yen through the month of August, but we have yet to see any major moves in either the USDJPY or USDCAD.
  • FII absence may dampen rupee futures trading Monday, August 18, 2008 @ 4:03PMTrading in currency futures will be launched shortly, but market experts said it may get a subdued response as foreign institutional investors (FIIs) have not been permitted to participate.
  • Rush for dollars sends rupee to 17-month low Monday, August 18, 2008 @ 4:02PMThe spot rupee fell to a 17-month low of 43.70 against the dollar after opening weaker at 43.07, compared to the closing of 43.00 last week. According to dealers, there was acute shortage of dollars as the market remained shallow after a long weekend.
  • MONEY & BANKING Monday, August 18, 2008 @ 2:01PMFOREX: Rupee loses 60 paise Heavy dollar-buying by oil companies amid thin volumes. Mumbai, Aug. 18 The rupee lost nearly 60 paise against the greenback on Monday following heavy dollar-buying by oil companies and other corporates. Though volumes were low, spot prices ...
  • Banking and Financial Monday, August 18, 2008 @ 12:26PMWhy Do Foreign Issuers Deregister? In March 2007 the Securities and Exchange Commission adopted Rule 12h-6 under the Securities Exchange Act of 1934, revising the criteria for deregistration and termination of reporting obligations for foreign private issuers.
  • Forex Trading Signals Likely to Outperform On Strong US Dollar Moves Monday, August 18, 2008 @ 12:22PMForex trading conditions continue to point to breakouts in the US dollar and other major currencies, and we forecast that Breakout and Momentum trades will continue to outperform through the week ahead.
  • GFT Hires Currency Strategists Kathy Lien and Boris Schlossberg Monday, August 18, 2008 @ 12:22PM GFT, worldwide leaders in online trading, announced the addition of Kathy Lien and Boris Schlossberg to its currency research division.
  • FOREX-US dollar slips as commodities rise; Aussie, Kiwi up Monday, August 18, 2008 @ 12:01PM* U.S. dollar off six-month highs versus euro
  • MoneyShow.com Announces New Global Investing Section Monday, August 18, 2008 @ 9:52AM SARASOTA, Fla.----MoneyShow.com, the largest multimedia investment education destination for investors and traders, announced today the launch of a new Global Investing section designed to give investors more content and tools for investing in a global economy.
  • Taiwan dlr rises on central bank, exporters' buying Monday, August 18, 2008 @ 5:11AM(Updates to close)
  • FOREX-Dollar retreats as oil, commodities gain Monday, August 18, 2008 @ 4:47AM* Euro up 0.4 percent at $1.4750, off earlier 6-month low
  • (AFX UK Focus) 2008-08-18 07:09 FOREX-Dollar slips from 6-mth high vs euro as oil rebounds Monday, August 18, 2008 @ 2:34AMTOKYO, Aug 18 (Reuters) - The dollar hit a six-month high against the euro on Monday then slipped as oil and commodity prices bounced back, but losses were limited on mounting worries that the euro zone economy is stalling.
  • (AFX UK Focus) 2008-08-18 06:05 Thomson Financial Europe AM at a glance share guide: Shares, oil mixed Monday, August 18, 2008 @ 1:34AMLONDON (Thomson Financial) - US SUMMARY: Stocks mixed on credit concerns, falling oil prices
  • 5 Key Events for the Market This Week 08-18-08 Monday, August 18, 2008 @ 1:07AMForex trading should remain volatile this week as event risk looms for the US dollar, Euro, British pound, and Canadian dollar.
  • Muni Bonds: Time to Dive In? Monday, August 18, 2008 @ 12:34AMThese bonds have gotten cheaper compared with Treasuries—and the fatter yields present tempting opportunities for investors
  • (AFX UK Focus) 2008-08-18 04:41 FOREX-Dollar eases from 6-mth high vs euro as oil rebounds Monday, August 18, 2008 @ 12:04AMTOKYO, Aug 18 (Reuters) - The dollar hit a six-month high against the euro on Monday then slipped as oil prices rebounded, but worries about the euro zone economy stalling kept its losses limited.
  • Monday Sunday, August 17, 2008 @ 9:56PMKUALA LUMPUR, Aug 18 (Bernama) -- The ringgit opened higher against the U.S. dollar in early trading Monday on commercial demand for the local currency, dealers said.
  • 5 Key Events for the Market This Week 08-18-08 Sunday, August 17, 2008 @ 9:37PM Forex trading should remain volatile this week as event risk looms for the US dollar, Euro, British pound, and Canadian dollar. Given the sharp rally in the greenback over the course of last week, stronger-than-expected economic indicators for other regions could easily trigger reversals throughout the majors.
  • Markets closed on Monday Sunday, August 17, 2008 @ 9:21PMMANILA, Philippines -- Manila stock and forex markets will be closed on Monday for a special non-working holiday. Normal trading will resume on Tuesday, August 19.
  • (AFX UK Focus) 2008-08-18 01:42 FOREX-Dollar hits 6-mth high vs euro on growth worry, oil Sunday, August 17, 2008 @ 9:04PMTOKYO, Aug 18 (Reuters) - The dollar rose to a six-month high against the euro on Monday, extending its gains from last week as worries about the euro zone economy stalling and a drop in oil prices bolstered investor confidence in the U.S. currency.
  • External pressures on price front may ease Sunday, August 17, 2008 @ 5:56PMThe inflationary pressures due to external factors may tend to moderate henceforth. The challenge of soaring crude prices has become formidable. The assertion of worldwide inflationary pressures as a result has had a debilitating effect on many developing countries.
  • Great Offshore Reco price: Sunday, August 17, 2008 @ 4:32PMGreat Offshore (GOL) reported 39 per cent year-on-year (y-o-y) increase in standalone revenues at Rs 202.68 crore in Q1 FY09. However, the company had to book an exceptional forex loss (non-cash) of Rs 23.64 crore (gain of Rs 20.72 crore in corresponding quarter).
  • Hurdles to cross Sunday, August 17, 2008 @ 4:12PMThe going gets tough for banking, auto and realty sectors in the next six months. Invest, but with a long-term perspective. Inflation and interest rates, typically, go hand-in-hand, except for some short-term divergence.
  • External pressures on price front may ease Sunday, August 17, 2008 @ 3:42PMThe inflationary pressures due to external factors may tend to moderate henceforth.
  • NMCE to enter currency futures trading, to rope in PSBs as co-promoters Saturday, August 16, 2008 @ 5:13PMAfter MCX, NSE and BSE, it's now the turn of National Multi Commodity Exchange to enter into the currency futures derivatives trading.
  • ‘Other income’ growth shrinks Saturday, August 16, 2008 @ 2:48PMBesides the strong growth in sales, this quarter also saw a marked reduction in the growth of ‘other income’, lending greater credence to the quality of earnings. “Other income” grew only by 2 per cent in June 2008, after a whopping 48 per cent growth in the June 2007 quarter.
  • Trouble at the Office? Saturday, August 16, 2008 @ 12:23PMYou identified your problems at work. Together we found answers
  • ForexRebater.com Pays Out Forex Rebates for Every Trade Made with Any Forex Broker Saturday, August 16, 2008 @ 3:01AM Through partnership with foreign exchange brokers, ForexRebater.com offers Forex traders a cash refund on every trade made with any participating Forex broker whether it's a win, lose, or draw.
  • Advertisers Are Winning Olympic Gold Friday, August 15, 2008 @ 11:23PMWith viewership up, even among the coveted 18- to 34-year-olds, advertising during the Beijing Olympics may well pay off
  • Japanese Yen: Risks Remain High For Carry-Trade Selloffs Friday, August 15, 2008 @ 7:06PM The Japanese yen saw an exceptionally wild week of trading last week, rocketing more than 1 percent higher against most of the majors while tumbling almost 1.5 percent against the New Zealand dollar and Canadian dollar.