Trading In Forex

Enter the Yuan
The yuan cannot become a credible reserve until Beijing relinquishes its rigid control of the exchange rate and allows capital to flow freely in and out of the country. Yet in the short term, China can't afford for that to happen until it has …
Read more on Barron’s

Currency Wars
The currency wars are heating up. The US Senate has passed a bill to penalise countries that manipulate their exchange rates – a move aimed squarely at China. Central banks in the US, UK and Japan have printed record amounts of money, either explicitly …
Read more on Financial Times

Australia Prime Minister: Still Pursuing Market-Based FX Rates
HONOLULU (Dow Jones)–Australian Prime Minister Julia Gillard said Friday the country supports free trade but will continue to pursue market-based exchange rates in international summits. "Free trade is good for jobs…but we do need to see a match in …
Read more on Wall Street Journal (India)

Daily Forex Market Outlook
Despite this SNAFU, the markets are up-beat to start the day as anticipation of today's FOMC meeting may give markets hope that there is more free money on the horizon. It is unlikely to produce any change to policy, as the last change dubbed …
Read more on FXstreet.com

EMERGING MARKETS-LatAm FX gains as Italy crisis gets 'less bad'
"Basically things are a little less bad today than they were yesterday, and we should be thankful we are getting a bounce," said Benoit Anne, global head of emerging market currency strategy with French bank Societe Generale in London. …
Read more on Reuters

MONEY MARKETS-Foreign U.S. commercial paper supply falls
* Total foreign financial commercial paper supply falls * But foreign bank commercial paper supply rises in week * Euro zone banks seen leaning on ECB, forex market By Richard Leong NEW YORK, Nov 10 (Reuters) – US commercial paper supply from foreign …
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Currency control efforts worry Argentines
Meanwhile, Mrs. Fernandez is trying to keep foreign currencies in the local exchange market by requiring oil, gas and mining companies to cash in their export sales at home. The country's central bank estimates this will keep some $ 3 billion in US …
Read more on Washington Times

"Junk" beckons after S&P negative shift for Hungary
"This gives time for the market to prepare." S&P placed Hungary's 'BBB-/A-3' foreign and local currency sovereign credit ratings on CreditWatch with negative implications late on Friday after a similar move by Fitch earlier in the day. …
Read more on Reuters

Admiral Markets' Golden Section
This is when the forex market emerged. It is clear to any investor that gold investments are the most profitable and secure investments, especially for the long term. In response to its clients' requests Admiral Markets offered investors a new service …
Read more on «Market Leader» – news and previews making you rich.

Forex Brokers and Spreads: A Few Things to Know
by Sam Evans of Online Trading Academy Over the years, there has been plenty of debate about the positive and negative aspects of Forex trading. I personally have been involved in the currency markets since pretty much the very start of my trading …
Read more on Inside Futures

Greek-Vote on Euro Bailout Plan to Yield Gains in Forex Market
FX trading for retail foreign currency exchange traders using charts and historical data to forecast price direction sometimes feels disconnected from the markets, since their entire contact consists of numbers and charts with no physical, …
Read more on PR Web (press release)

Brazil Finance Ministry Denies Change To Recent Forex-Tax Measure
RIO DE JANEIRO (Dow Jones)–Brazil's Finance Ministry denied late Wednesday it is studying any change to new taxes announced July 27 on investments in foreign-exchange derivatives. No change is planned in either the content of the new foreign-exchange …
Read more on Wall Street Journal

Commodity Currencies Plunge into Important Support
He is the author of Sentiment in the Forex Market. Send requests to receive his reports via email to jsaettele@dailyfx.com. If you wish to receive Joel's reports in a more timely fashion, emailjskruger@fxcm.com and you will be added to the distribution …
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Franklin Global Capital Invests in Innovative FOREX Program
Franklin Global Capital (FGC), an innovative investment company, who develops quantitative based indicators and analytical tools designed for identifying potential market opportunities in the extremely volatile Forex market, launches website with new …
Read more on Online PR News (press release)

Currency exchange: taking a currency punt is possible
But in fact it's relatively strong on the back of the European Central Bank raising interest rates. "Currency speculation is both potentially very lucrative and very risky," says analyst Nick Ryder of Smart Currency Exchange. "The sheer volatility is …
Read more on Telegraph.co.uk

Monetary Policy Week In Review – 6 August 2011
Last month Brazil's central bank also announced measures to halt the rise of the surging Brazilian real-USD exchange rate. So is this an escalation of the so-called currency wars? The US has been criticized by some for using its quantitative easing …
Read more on Daily Markets

Australian Dollar Down Late As RBA Holds Interest Rates Steady
SYDNEY (Dow Jones)–The Australian dollar slid broadly Tuesday as the country's central bank kept interest rates steady and failed to meet market expectations that the bank would signal an increasing likelihood of rate hikes down the road. …
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ConocoPhillips Warns On Australia LNG Costs, Aussie Dollar Strength
By Stephen Bell Special to DOW JONES NEWSWIRES PERTH (Dow Jones)–Australia's burgeoning liquefied natural gas sector faces a "struggle" in the near term because of rising cost pressures and the impact of a strong Australian dollar, US energy group …
Read more on Wall Street Journal

The Center of Gravity Shifts Slowly
During that time, the US dollar rallied by 8.4% while foreign currencies sold off heavily, including a 9% dip in the Australian dollar and a 3% haircut for the vaunted Swiss franc. Gold rallied 7.4% during that period, but failed to beat the dollar's …
Read more on Business Insider

Forex – USD/CHF Trading in a Range with Bearish Bias
- After a zig zag, the market headed south. However, without breaking below our previous low at 0.7608, this can still be just bear trap for further consolidation, or even a reversal (more likely consolidation). – This scenario sets up range trading …
Read more on ForexTV.com

WORLD FOREX: US Currency Takes Brunt Of Debt Impasse Anxiety
By Andrew J. Johnson Of DOW JONES NEWSWIRES NEW YORK (Dow Jones)–A bitter stalemate over a deal to raise the US debt ceiling and the specter of a US credit downgrade drove an already-battered dollar down further against its major rivals Tuesday. …
Read more on Wall Street Journal

EURUSD: Investors were left with no choice but to seek alternatives
by Talking-Forex.com – Talking-Forex.com | View company's profile Despite press reports that the ECB may resume bond purchases, the pair finished the week lower as markets continued to fret over the stability of the peripheral Eurozone. …
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US Dollar Rally Hinges On FOMC, Euro Rebound To Be Short-Lived
By David Song, Currency Analyst The greenback extended the decline following the non-farm payrolls report, with the Dow Jones-FXCM US Dollar index slipping to a fresh daily low of 9541.69, and the reserve currency may face additional headwinds over the …
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A Game of Charades
If the value of the Dollar continues to erode, any nominal returns in US stocks will be eroded by returns measured in other currencies or other hard assets such as precious metals. In the early 70's it took over 4 Swiss Francs to buy 1 US Dollar. …
Read more on Business Insider

Australian Dollar Drops After Retail Sales Unexpectedly Declined in June
“It just adds to a long line of weaker-than-expected data from Australia,” Gareth Berry, a currency strategist at UBS AG in Singapore, said about the retail sales report. “Clearly it's not good news” for the Australian dollar, he said. …
Read more on Bloomberg

Japanese intervention sends Australian dollar lower
The Australian dollar slumped against the greenback to its lowest point in a fortnight, but rose against the yen. The dollar slipped from a high of $ US1.0779 early in the trading session to as low as $ US1.0657 last night and was facing increased …
Read more on The Australian

Australian travellers go bargain hunting as dollar soars
Australian travellers are flocking to Indonesia, the US and Thailand as the dollar soars. Illustration: John Shakespeare With the Australian dollar showing no sign of weakening, the nation's travellers have set their sight firmly on bars, …
Read more on Sydney Morning Herald