Downward revision in macro-economic targets: Forex reserves need … – Daily Times

February 28, 2009

Downward revision in macro-economic targets: Forex reserves need
Daily Times, Pakistan
By Sajid Chaudhry ISLAMABAD: Downward revisions in macro-economic targets would require the government to further increase the foreign exchange reserves agreed with International Monetary Fund. Reduction in discount rate by 200 basis points would be

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Mexico central bank confirms forex intervention – Reuters

February 27, 2009

Mexico central bank confirms forex intervention
Reuters
MEXICO CITY, Feb 27 (Reuters) – Mexico's central bank confirmed on Friday that it had sold dollars directly into the foreign exchange market to prop up the battered peso currency MEX01. The bank said in a joint statement with the finance ministry that

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Forex Volatility to Remain High Next Week on ECB, BOE, RBA, BOC … – Daily FX

February 27, 2009


AFP
Forex Volatility to Remain High Next Week on ECB, BOE, RBA, BOC
Daily FX, NY
The combination of four major rate decisions along with the release of US non-farm payrolls (NFPs) leaves the forex markets likely to remain highly volatile. The Reserve Bank of Australia is anticipated to cut rates in their sixth consecutive meeting
Euro slips versus dollar AFP
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FOREX-Dollar rises on safe-haven bid after US GDP slumps – Reuters

February 27, 2009

FOREX-Dollar rises on safe-haven bid after US GDP slumps
Reuters
By Vivianne Rodrigues NEW YORK, Feb 27 (Reuters) – The dollar climbed broadly on Friday as a sharp contraction in the US economy, the weakest US stock markets in 12 years, and a new rescue attempt for Citigroup fueled safe-haven buying of the greenback
FOREX-Dollar gets safe haven bid on back of US GDP data Reuters
FOREX-Dollar falls vs yen after US Q4 GDP report Reuters
FOREX-Dollar gains on safe-haven bid after grim GDP data Reuters
Reuters - Reuters
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Make profits in pre determined dates and prices when you trade … – Ecommerce Journal

February 27, 2009


Ecommerce Journal
Make profits in pre determined dates and prices when you trade
Ecommerce Journal, MA
In the forex market , there are two difference kinds of Forex trading which are forex spot trading and forex futures trading . The biggest difference between these two is that the forex spot trading is managed in over the counter or OTC.
LEARN TO TRADE FOREX World Currency Watch
Alpari (US) launches new research, information and trading services FXstreet.com The Foreign Exchange Market
all 3 news articles

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FOREX-Dollar gets safe haven bid on back of US GDP data – Reuters

February 27, 2009

FOREX-Dollar gets safe haven bid on back of US GDP data
Reuters
By Nick Olivari NEW YORK, Feb 27 (Reuters) – The dollar climbed broadly on Friday as poor US economic data, the weakest US stock markets in 12 years and another rescue attempt for Citigroup led to safe-haven buying of the greenback.

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FOREX-Dollar gets safe haven bid on US GDP data – Reuters

February 27, 2009

FOREX-Dollar gets safe haven bid on US GDP data
Reuters
By Nick Olivari NEW YORK, Feb 27 (Reuters) – The dollar rose broadly on Friday as poor US economic data, weak equity markets and global banking concerns prompted rising risk aversion which led to safe-haven buying of the US currency.

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US economy shrank at faster rate in fourth quarter – Reuters

February 27, 2009


WELT ONLINE
US economy shrank at faster rate in fourth quarter
Reuters
I think there's a few more bad quarters to come," said Boris Schlossberg, director of currency research at GFT Forex in New York. Prospects for the first quarter are equally bleak with data so far pointing to an acceleration in the economic downturn,
US economy plummets International Herald Tribune
* Fannie Mae draws on Treasury after $25.2 bln Q4 loss (For more guardian.co.uk
TOPWRAP 6-Banks cede control to govts; U Life Style Extra
Reuters India
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FOREX-Dollar trims losses vs yen after Feb Chicago PMI – Reuters

February 27, 2009

FOREX-Dollar trims losses vs yen after Feb Chicago PMI
Reuters
NEW YORK, Feb 27 (Reuters) – The dollar pared losses against the yen on Friday after a report showed business activity in the US Midwest in February contracted at a less severe rate as production inched up [nNAT004778]. The dollar was last at 97.63 yen

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FOREX-Dollar gets broad safe haven bid on US data – Reuters

February 27, 2009

FOREX-Dollar gets broad safe haven bid on US data
Reuters
By Nick Olivari NEW YORK, Feb 27 (Reuters) – The dollar rose broadly on Friday, as poor US economic data, weak equity markets and global banking concerns prompted rising risk aversion which led to safe haven buying of the US currency.
FOREX-Dollar gains on safe-haven bid after grim GDP data Reuters
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