Forex Carry Trade Bounce Leaves Bearish Outlook For US Dollar (Forex Capital Markets via Yahoo!7 Finance)
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Forex Carry Trade Bounce Leaves Bearish Outlook For US Dollar (Forex Capital Markets via Yahoo!7 Finance)
The US dollar dropped against all major currencies except the Japanese Yen, as an ease in risk aversion led the forex carry trade higher on the day. No news was bad news for the greenback, with forex traders leaving the safety of the world?s foremost reserve currency in favor of more speculative counterparts.The Euro rallied for the first day in three, adding as many as 80 points off its open to ...
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Forex Carry Trade Bounce Leaves Bearish Outlook For US Dollar (Daily FX via Yahoo! Finance)
The US dollar dropped against all major currencies except the Japanese Yen, as an ease in risk aversion led the forex carry trade higher on the day. No news was bad news for the greenback, with forex traders leaving the safety of the world?s foremost reserve currency in favor of more speculative counterparts.
Read full post here. Copyright (c) 2004 Yahoo! Inc. All rights reserved.
Kenya: Forex Bureau Licensing Resumes (AllAfrica.com)
The Central Bank of Kenya has lifted an earlier ban on licensing of new forex bureaux.
Read full post here. Copyright (c) 2004 Yahoo! Inc. All rights reserved.
Forex Carry Trade Bounce Leaves Bearish Outlook For US Dollar (Daily FX)
The US dollar dropped against all major currencies except the Japanese Yen, as an ease in risk aversion led the forex carry trade higher on the day.
Read full post here. Copyright (c) 2004 Yahoo! Inc. All rights reserved.
FOREX-Dollar weakens on US rate outlook (Reuters via Yahoo! Asia News)
(Updates prices, adds Paulson's comment and analyst quote, changes byline and dateline; previous LONDON) By Gertrude Chavez-Dreyfuss NEW YORK, Aug 21 (Reuters) - The dollar fell on Tuesday on persistent market jitters about global credit conditions and speculation the Federal Reserve could act again to help ease tightening U.S. liquidity.
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Liquidity comfortable, rupee opens higher (Business Standard India)
Forex: Re opens up Tracking the global markets that recovered following the decision of Federal Reserve to cut discount rates, the Indian equity market opened higher on Monday.
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US Dollar May Finally Break From Ranges On Friday's US Economic Data (Daily FX)
How Will The Markets React? The US economic calendar has been remarkably thin this week, leaving the fixed income, forex, and equity markets to trade off of news (or the lack of it) regarding the liquidity crunch.
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No Stopping Chinese Stocks (BusinessWeek)
The CSI 300 index blasted through 5000 on Aug. 22 in spite of an interest-rate hike and market swoons elsewhere
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US Dollar May Finally Break From Ranges On Friday's US Economic Data (Forex Capital Markets via Yahoo!7 Finance)
AUG 24 Durable Goods Orders (JUL) (08:30 EST; 12:30 GMT) New Home Sales (MoM) (JUL) (10:00 EST; 14:00 GMT) Expected: 1.0% Expected: -1.7% Previous: 1.3% Previous: -6.6%How Will The Markets React? The US economic calendar has been remarkably thin this week, leaving the fixed income, forex, and equity markets ...
Read full post here. Copyright (c) 2004 Yahoo! Inc. All rights reserved.
India Post to open forex counters (NDTV Profit)
Post offices in metros are set for a major change with the Government deciding to introduce new facilities like forex counters, cargo services, access to instant money order and other revenue generating services.
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Forex Carry Trade Bounce Leaves Bearish Outlook For US Dollar (Forex Capital Markets via Yahoo!7 Finance)
Another somewhat unique characteristic of the FOREX money market is the variance of its participants. Investors find a number of reasons for entering the market, some as longer term hedge investors, while others utilize massive credit lines to seek large short term gains. Interestingly, unlike blue-chip stocks, which are usually most attractive only to the long term investor, the combination of rather constant but small daily fluctuations in currency prices, create an environment which attracts investors with a broad range of strategies.
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Europe / Africa / Middle East 2007-08-22 18:05:01 - OANDA Daily