fx trading

Author: BKTraderFx
Keywords: Boris Schlossberg
Added: November 21, 2008

Random Feed wrote an interesting post today onHere’s a quick excerptAfter rising nearly 20% over the last three years, the RMB has virtually stopped.

After rising nearly 20% over the last three years, the RMB has virtually stopped appreciating against the US Dollar, perhaps as a result of the credit crisis. At the same time, the US exports sector- previously one of the few…

Forex reserves dip $5 bn as RBI sells dollarsEconomic Times, India - 1 hour agoIndia’s forex kitty has shrunk by $45 billion in seven weeks after September 12 — the period since the US investment bank Lehman Brothers filed for …

Movers: Citi, GM, GAP, Dell, Wal-Mart
BusinessWeek - 9 hours ago
Forex Club Try trading Forex today with a free 5000 demo account OR start trading live and get a $100 bonus. Try Currency Trading Learn to Trade FX with a …

Americans’ ’Hypocrisy’ in Auto Rescue Spurs Me-Too Trading Ire
Bloomberg - 6 hours ago
22 (Bloomberg) — A US-triggered spate of global carmaker-bailout proposals may spark trade disputes over whether the Americans are unfairly trying to …

Maktoob Business (press release)
Traders Renew Appetite for Risk as Obama Names Treasury Secretary
International Business Times, NY - 2 hours ago
DISCLAIMER: Forex (off-exchange foreign currency futures and options or FX) trading involves substantial risk of loss and is not suitable for every investor …
Dollar Falls Against Euro on Drop in …

Fear of the three D’s - deleveraging, deflation and Depression - has gripped markets this week, with myriad problems faced by the economy weighing heavily on investors. The non-event that was last weekend’s G20 meeting destroyed hope for coordinated economic rescue plans from the major industrial countries. Then early in…

Foreign currency deposits rise as forex rates fall
Malaysia Star, Malaysia - 8 hours ago
“The flip side is, of course, it also exposes depositors to currency depreciation,” he added. Lim said the liberalisation of foreign exchange administration …

US Session: Equities Finish Strong ahead of a Quiet Week Ahead
ACM - 10 hours ago
The dollar fell against the majors as financial markets rallied at the end of the day trading session. The EurUsd rose over 120 pips to high range of 1.25, …

Asian and US Stocks Rally, Helping Reverse Part of Yesterday’s Action in a Bid of Profit Taking
Friday, November 21st, 2008 Asian stocks rallied helping to increase risk aversion in the markets overnight. That was followed by a late rally in US stocks. After steep declines in carry trade pairs in the middle of the week, traders pared those losses with the Yen falling to higher yielders to end the week. News Provided by CMS

…

Best Syndication
Why Trading Forex Makes Sense In This Current Economic Climate
Best Syndication, CA - 9 hours ago
Of course forex trading is extremely risky in general but if you can spend time to develop your own profitable trading system then the earnings can be …

Reuters
FX OUTLOOK-US dollar to remain bid in holiday week
Reuters - 8 hours ago
"The yen and the dollar will remain the only two safe-haven currencies in this global recession," said Stephen Jen, global head of currency research at …
GLOBAL MARKETS-Oil, stocks rise after HP tempers recession fears guardian.co.uk…

Maktoob
Dollar Posts Weekly Gain as Stock Plunge Spurs Haven Demand
Bloomberg - 9 hours ago
“It’s all about risk in this emotional market,” said Jacob Oubina, a currency strategist at FOREX.com, a unit of online currency trading firm Gain Capital …
Traders Renew Appetite for Risk as Obama Names Treasury Secretary …

Weekly Foreign Exchange Insights With one notable exception, this past week in foreign exchange was pretty much a carbon copy of the prior week. The yen continued its advance against just about all other currencies including the dollar.