Forex: GBP/USD in session lows, eyes on BoE FXstreet.com (Barcelona) – The sterling has quickly left behind the 1.6000 mark as jitters surrounding the euro zone were growing exponentially after Greek officials couldn't deliver a solution to the political crisis in the country. Read more on NASDAQ Forex: USD/CHF unchanged after drop in Swiss ZEW FXstreet.com (Barcelona) – The cross has ignored the drop to -4.0 in the Swiss ZEW Survey – Expectations in May, and continues to trade in the proximities of 0.9440 as the greenback is notching higher on Wednesday. Greece remains stirring tremors in … Read more on…. Click Here to Read More
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Archive for the ‘Forex News’ Category
Lastest Currency Trading News
May 14th, 2012 
kk Forex: EUR/USD in holding pattern around 1.2900 FXstreet.com (San Francisco) – The EUR/USD is trading between 1.2880 and 1.2902 so far this Monday, last quoted at 1.2895 from 1.2921 late Friday with a bearish outlook in the 1 and 4 hours chart, says Valeria Bednarik, Chief Analyst at FXstreet.com: … Read more on FXstreet.com Asian Markets Mostly Trade Weak In the currency market, the US dollar traded slightly above 80 yen in early deals in Tokyo. The yen is currently trading at 79.98 to the dollar. Among other markets in the Asia-Pacific region, Shanghai, Indonesia, Malaysia, South Korea and Taiwan are … Read more on NASDAQ Rupee Rallies as RBI Acts to Boost Dollar…. Click Here to Read More
Atradius Publishes Ten-point Plan for Exporting to China
May 9th, 2012 kk Atradius Publishes Ten-point Plan for Exporting to China Importers must report payments to the Chinese State Administration of Foreign Exchange if the value of the goods and the amount paid differ by more than the equivalent of US$ 10000 for a single contract. Although it is the importer's responsibility to … Read more on MarketWatch (press release) CLS Bank's Currency Trade Settlements Fell 12% In April LONDON (Dow Jones)–Foreign exchange trades settled by CLS Bank plunged in April, both in value and number, the world's biggest currency settlement network said Tuesday, replicating the recent weak performance of some leading electronic trading … Read more on…. Click Here to Read More
Can FDI save Pakistan?
May 6th, 2012 kk Can FDI save Pakistan? Another negative effect of FDI concentration on the power sector was that as the remittances by IPPs began to increase, it severely constrained the balance of payments given that foreign exchange earnings through exports of goods and services remain … Read more on The Nation, Pakistan Still-Safe Yen Looks Set For Gains In a basket of the most widely-traded foreign exchange, only the yen and Brazilian real are lower against the dollar for 2012 so far, with the former much weaker–down more than 4% to the real's 1%. And, if we look at Japan, it's not hard to think of … Read more on Wall Street…. Click Here to Read More
FXCM Sponsored Its First University Currency Trading Contest This Semester
May 3rd, 2012 kk FXCM Sponsored Its First University Currency Trading Contest This Semester Participating students had the chance to learn more about the global forex trading market by trading with a practice FXCM forex trading account. "FXCM hopes all students had fun and learned a lot about the currency markets during the contest. Read more on MarketWatch (press release) Forex – Greenback broadly higher on safety flight By Forexpros | Forex News | May 03, 2012 05:53PM GMT | Add a Comment Forexpros – The US dollar traded higher against its major counterparts Thursday, as mixed US economic reports and sustained fears of the euro zone's financial crisis weighed on demand … Read more on…. Click Here to Read More
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Forex: USD/CAD could depreciate despite rate hike – Bloomberg
May 1st, 2012 kk Forex: USD/CAD could depreciate despite rate hike – Bloomberg FXstreet.com (Barcelona) – Bloomberg news reports that the loonie could depreciate despite the fact that the BoC is amongst the first to rise rates. The news agency argues that "while international investors typically favor currencies with high rates … Read more on NASDAQ Forex – Chart EUR/JPY Update: Weighing on the 200-day MA by FXMarketAlerts Team – FXMarketAlerts | View company's profile Consolidate above the 200-day MA at 105.45 but the downside still not firm and risk is seen for break to see further extension to 105.28 then 105.00 level. Below this is the mid-Apr spike … Read more on…. Click Here to Read More
Posted in Forex News Tags: Bloomberg, could, depreciate, Despite, Forex, hike, rate, USD/CAD No Comments » "Forex-Broker": Advice from Professional Trader to Beginners
April 28th, 2012 kk "Forex-Broker": Advice from Professional Trader to Beginners News of forex brokers. These days at Forex market, the most attractive market for those, who would like to make profit from selling currencies via Internet, one can find numerous brokers, who at some points are trying to attract traders by most … Read more on «Market Leader» – news and previews making you rich. EMERGING MARKETS-Mexican peso leads Latin American forex rally * Mexico's central bank holds rates, supports peso rally * Mexican peso strengthen as much as 1.9 percent * Chilean peso up on copper, weaker dollar abroad By Rachel Uranga and Alonso Soto MEXICO CITY/BRASILIA, April 27 (Reuters) -…. Click Here to Read More
Posted in Forex News Tags: "ForexBroker", advice, beginners, from, Professional, Trader No Comments »Lastest Forex News
April 23rd, 2012 kk Forex Flash: No further QE expected from FOMC meeting – Danske Bank FXstreet.com (Barcelona) – The FOMC meeting, to end on Wednesday, will be much eyed by investors, as new economic projections and Ben Bernanke's statements should influence the USD positioning, as well as the rest of the financial markets. Read more on NASDAQ Forex: EUR/CHF flat as risk aversion sharpens It is worth noting that last week the SNB Council has finally appointed T.Jordan as President of the Swiss central bank. EUR/CHF experienced some sort of bounce, although later on has proved to be the well know "dead cat bounce", as the pair retreated … Read more on NASDAQ Forex:…. Click Here to Read More
Don't Blame China's Currency for US Trade Deficit
April 20th, 2012 kk Don't Blame China's Currency for US Trade Deficit But to focus on China's currency is to miss the real story behind the country's trade surplus. From China's perspective, admonitions that the yuan is substantially undervalued seem illogical. China's current- account surplus has declined steadily from … Read more on Carnegie Endowment for International…. Click Here to Read More
ADS Securities announces Prime a ground-breaking new service for FX Traders
April 18th, 2012 kk ADS Securities announces Prime a ground-breaking new service for FX Traders ADS Securities (ADSS) announced the launch of Prime, an innovative and game-changing new service designed for professional and high-net worth FX, currency, and bullion traders. It will provide institutional standards of pricing, service and trading … Read more on AME Info Abel Noser Unveils TCA To Combat FX Trade Costs By Justin Grant As far as Abel Noser is concerned, the highly fragmented nature of FX liquidity has traditionally hurt the buy side's ability to achieve best execution in currency trading. In order to combat this, the firm announced the rollout of a … Read more on Advanced…. Click Here to Read More
Posted in Forex News Tags: announces, FX, groundbreaking, Prime, Securities, Service, Traders No Comments »IG report slams foreign exchange student programs
April 15th, 2012 kk IG report slams foreign exchange student programs CHARLOTTE, NC (AP) — State Department programs that bring foreign exchange students to the United States to work or attend school require urgent attention because students are being put at risk for abuse, according to a report from the federal … Read more on The Associated Press China stocks czar faces battle to win back investor trust All signs so far are that the bold steps from Guo, a former foreign exchange regulator who was most recently chairman of China's second-largest bank, will only gradually convince the country's investing masses to begin sticking with stocks for the long … Read more on Reuters FX…. Click Here to Read More
RBI may consider easing FX trading curbs: Deputy gov
April 13th, 2012 kk RBI may consider easing FX trading curbs: Deputy gov The central bank will consider such measures "within the overarching prerequisite of facilitating genuine hedging needs of the customers," HR Khan said in a speech at a foreign exchange dealers' conference in Zurich, which was put up on the RBI website … Read more on Reuters India China's foreign exchange China's foreign exchange reserves, No. 1 in the world, rose by $ 124 bil in Q1 to $ 3.31 tril, following a $ 20.6 billion decline in Q4. Read more on Investor’s Business…. Click Here to Read More
