Forex
Forex kitty Mumbai, Oct. 11: (The Telegraph)
The country’s foreign exchange reserves dipped $7.87 billion to $283.94 billion for the week ended October 3 from $291.81 billion in the previous week.
Categories: Forex
Forex Trading Weekly Forecast - 10.13.08 (Daily FX)
Regardless of the market you are following (Forex, stocks, commodities) or the specific assets you trade (whether the safe haven US dollar, low-yielding Japanese yen, recession-prone crude), risk and panic are the common threads for activity.
Categories: Forex
Forex Trading Weekly Forecast - 10.13.08 (Daily FX via Yahoo! Finance)
Regardless of the market you are following or the specific assets you trade , risk and panic are the common threads for activity. The world's economic super powers have already attempted to forcibly revive confidence in lending and investing; but to no avail.
Categories: Forex
Fear Keeps Forex Market Under Pressure, Risk Will Carry Into Next Week (Forex Video) (Daily FX via Yahoo! Finance)
Risk aversion spreads, leading to the worst market downturn in recent history. Will the carry continue to plunge and dollar sustain its rally next week? Fear will determine activity.
Categories: Forex
Euro/US Dollar Forecast to Decline According to Forex Trading Signals (Daily FX)
Indeed, increasingly bullish crowd sentiment on the Euro/US Dollar pair has led our Speculative Sentiment Index-based “Momentum2” trading strategy to sell into crowd buying—taking a contrarian position to increasingly bullish traders.
Categories: Forex
FOREX-Euro falls to 16-month low vs dollar at $1.3282 (Reuters via Yahoo! Singapore News)
(Updates with euro at 16-month low vs dollar)
Categories: Forex
Euro/US Dollar Forecast to Decline According to Forex Trading Signals (Daily FX)
Our proprietary forex trading signals have aggressively sold the Euro against the US Dollar, forecasting that we may see continued EURUSD declines through upcoming trading.
Categories: Forex
Euro/US Dollar Forecast to Decline According to Forex Trading Signals (Daily FX via Yahoo! Finance)
Our proprietary forex trading signals have aggressively sold the Euro against the US Dollar, forecasting that we may see continued EURUSD declines through upcoming trading. Indeed, increasingly bullish crowd sentiment on the Euro/US Dollar pair has led our Speculative Sentiment Index-based "Momentum2" trading strategy to sell into crowd buying?taking a contrarian position to increasingly ...
Categories: Forex
FOREX-U.S. dollar index hits 15-month high as G7 meets (Reuters via Yahoo! Philippines News)
* USD rises to 15-month high vs basket of currencies
Categories: Forex
Forex Indicator Forecasts Euro/US Dollar Advance Before Further Declines (Daily FX)
How to We Interpret the SSI? The FXCM SSI is based on proprietary customer flow information and is designed to recognize price trend breaks and reversals in the four most popularly traded currency pairs.
Categories: Forex
(AFX UK Focus) 2008-10-10 15:12 FOREX-Dollar briefly turns positive vs yen (Interactive Investor)
NEW YORK, Oct 10 (Reuters) - The dollar briefly rose against the yen on Friday, reversing earlier losses, as U.S. stocks cut losses following a more than 7 percent at the opening bell. The dollar rose to 99.65 yen, up from around 99 yen, before easing back to 99.35 yen. Earlier in the global session, it fell as low as 97.92 yen, according to Reuters data. "We're seeing U.S. stocks trimming their ...
Categories: Forex
(AFX UK Focus) 2008-10-10 15:12 FOREX-Dollar briefly turns positive vs yen (Interactive Investor)
NEW YORK, Oct 10 (Reuters) - The dollar briefly rose against the yen on Friday, reversing earlier losses, as U.S. stocks cut losses following a more than 7 percent at the opening bell. The dollar rose to 99.65 yen, up from around 99 yen, before easing back to 99.35 yen. Earlier in the global session, it fell as low as 97.92 yen, according to Reuters data. "We're seeing U.S. stocks trimming their ...
Categories: Forex
FOREX-U.S. dollar, yen extend gains against yen (Reuters via Yahoo! Malaysia News)
(Updates with latest market move)
Categories: Forex
FOREX-Risk aversion boosts yen; investors gripped by fear (Reuters via Yahoo! Philippines News)
* Risk aversion buoys Japanese yen as fear grips market
Categories: Forex
(AFX UK Focus) 2008-10-10 10:29 FOREX-Yen cuts fear-induced gains in volatile trade; G7 eyed (Interactive Investor)
LONDON, Oct 10 (Reuters) - The Japanese yen retreated from three-year highs against the euro but remained elevated in highly volatile trade on Friday, as unnerved investors unloaded risk on deep worries about the global financial system. Stock markets in Europe were down sharply -- but off earlier lows -- keeping the Japanese unit as the currency of choice. In overnight Asian trade, Japan's ...
Categories: Forex
FOREX-Yen cuts fear-induced gains in volatile trade; G7 eyed (Reuters via Yahoo! Singapore News)
* Yen gives up gains as extreme risk aversion pared back
Categories: Forex
FOREX-Yen bounces off 3-yr low vs euro in choppy trade (Reuters via Yahoo! Malaysia News)
LONDON, Oct 10 (Reuters) - The Japanese yen wiped out earlier gains against the euro on Friday in highly volatile trade, with traders citing profit-taking from a risk-aversion inspired run to three year highs.
Categories: Forex
10-10-2008: Forex market at crossroads (The Edge Daily)
PETALING JAYA: The coming two weeks are crucial for the global foreign exchange (forex) market as how the US dollar fares during this period will determine whether it can be sustained at a key level against other major currencies, a strategist said.
Categories: Forex
South Korea clamps down on forex speculation (Asia News Network)
South Korea President Lee Myung-bak yesterday warned against foreign exchange speculation that would aggravate the dollar shortage amid the deepening financial crisis.
Categories: Forex
(AFX UK Focus) 2008-10-10 03:16 FOREX-Yen soars as stocks plunge, crisis panic worsens (Interactive Investor)
TOKYO, Sept 10 (Reuters) - The safe-haven yen jumped on Friday, hitting a three-year high against the euro as the panic mode gripping investors deepened on fears that the global financial system is faltering.
Categories: Forex