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Forex News
Last update: 10 days, 9 hours ago
 
FOREX-Dollar climbs on Fed remarks, waning credit fears
6 May 08, 23:58 ET
By Eric Burroughs TOKYO, May 7 (Reuters) - The dollar edged up on Wednesday after a Federal Reserve official said that interest rates will eventually need ...
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Forex and Dow Jones recommended levels
6 May 08, 23:17 ET
Todays support: - 1.5477(main), where correction is possible. Break would give 1.5463, where correction also may be. Then follows 1.5432. ...
more

FOREX:Ringgit Opens Slightly Lower Against Greenback
6 May 08, 22:43 ET
KUALA LUMPUR, May 7 -- The ringgit opened slightly lower against the US dollar on lack of activities amid lethargic conditions in the morning, a dealer said ...
more

FOREX:Ringgit Opens Slightly Lower Against Greenback (Malaysian National News Agency
6 May 08, 22:41 ET
KUALA LUMPUR, May 7 -- The ringgit opened slightly lower against the U.S dollar on lack of activities amid lethargic conditions in the morning, a dealer said.
more

Forex - US dollar consolidates at lower levels after overnight ...
6 May 08, 22:32 ET
slight recovery against major currencies following an overnight sell-off on concerns it would take some time for the US housing market downturn to work its ...
more

Forex - US Dollar Advances Against Majors [EUR/USD]
6 May 08, 22:25 ET
5/6/2008 10:14:34 PM The US dollar strengthened against its major counterparts during early Asian deals on Wednesday. As of now, the dollar is worth 104.92 ...
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Forex reserves down US$187 million
6 May 08, 22:04 ET
Jakarta (ANTARA News) - Bank Indonesia (BI) said the amount of foreign exchange reserves up to the end of April this year reached US$58.8 billion, ...
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FOREX-Dollar edges up vs yen as global stocks gain
6 May 08, 20:59 ET
By Eric Burroughs TOKYO, May 7 (Reuters) - The dollar edged up against the yen on Wednesday as gains in global stocks prompted some investors to wade back ...
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Australian FOREX Daily Outlook 07/05/2008
6 May 08, 20:30 ET
OIL trades at a fresh record high boosting XAU
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Daily turnover of forex trade to cross $4trn
6 May 08, 18:02 ET
LONDON: While liquidity in most asset markets has dried up to some extent in the wake of the global credit crisis, currency market volume is flourishing and ...
more

Forex Radio - Ivey PMI Sparks Canadian Dollar Rally, Upcoming US Data Likely To Weaken Further
6 May 08, 17:34 ET
· Canadian Ivey PMI falls less than expected, helping the Canadian dollar surge against the greenback. · The Reserve Bank of Australia left rates steady yesterday at 7.25% - will they continue to do so this year?
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Investing in Gold for Forex Traders
6 May 08, 17:16 ET
This is the first in our series on trading gold. With more and more dealers offering spot gold, this is a good opportunity to discuss why it is an ...
more

Colombian Peso Weakens On Forex Swap News; Stocks Up
6 May 08, 16:38 ET
BOGOTA (Dow Jones)--Colombia's peso weakened Tuesday after the government said it plans to hedge all its dollar-denominated debt through the use of currency swaps to take advantage of the strong peso.
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FOREX-Dollar dips on Fannie results, outlook uncertain
6 May 08, 16:21 ET
NEW YORK, May 6 - The dollar edged lower against the euro and yen on Tuesday, its second straight daily decline, after a bigger-than-expected quarterly loss at Fannie Mae suggested more financial market turmoil ahead.
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CME Forex, Financial Estimated Futures Volumes-May 6
6 May 08, 16:08 ET
For today, in contracts.
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2nd UPDATE: Colombia To Hedge Dollar Debt With Forex Swaps
6 May 08, 15:39 ET
BOGOTA -(Dow Jones)- The Colombian government plans to take advantage of the strength of the local currency to hedge all its dollar-denominated debt through the use of currency swaps, government officials said Tuesday.
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Forex loss pulls down Belle profit
6 May 08, 15:09 ET
By Elizabeth Sanchez-Lacson Leisure homes developer Belle Corp. said its net income in the first quarter dropped to P37 million from P45 million in the same ...
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Market/ Commodities/ Forex Market sell-off ends DFM’s two day rally
6 May 08, 13:28 ET
The DFM’s two day winning streak came to an end on Tuesday as the index fell 0.39 per cent to close at 5824 points. Investors were excited as early morning ...
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Lottomatica Q1 EBITDA down as forex offsets strong Italy UPDATE
6 May 08, 13:14 ET
MILAN (Thomson Financial) - Lottomatica SpA said first-quarter EBITDA fell to 205 million euros from 212 million a year earlier as currency effects offset a ...
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Hoarding forex drags GDP down by 2%
6 May 08, 13:01 ET
New Delhi , May 6 The Economy is losing as much as 2% of the gross domestic product (GDP) by accumulating foreign exchange reserves instead of using them in ...
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Government to invest forex worth US$ 5 billion
6 May 08, 12:55 ET
By Khabrein.info Correspondent, New Delhi, May 6: The union government has decided to invest forex worth US$ 5 billion in wholly owned off-shore subsidiary ...
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Forex - Euro off day highs after weak data
6 May 08, 12:31 ET
- LONDON (Thomson Financial) - The euro was well off day highs after some weak data out of the euro zone highlighted once again that the area's economy is ...
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Lottomatica Q1 EBITDA lower as forex offsets strong Italy, below ...
6 May 08, 12:19 ET
MILAN (Thomson Financial) - Lottomatica SpA said first quarter EBITDA fell to 205 million euro from 212 million a year earlier as currency effects offset a ...
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FOREX-Dollar falls on Fannie results; risk appetite drop
6 May 08, 12:11 ET
NEW YORK, May 6 - The dollar extended declines against the euro and a basket of six major currencies for a second straight day on Tuesday after earnings results from Fannie Mae came in weaker than expected.
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Forex market daily turnover approaching $4 trillion
6 May 08, 12:10 ET
LONDON: While liquidity in most asset markets has dried up to some extent in the wake of the global credit crisis, currency market volume is flourishing and ...
more

Market/ Commodities/ Forex Oil crashes through $121 a barrel
6 May 08, 12:03 ET
Oil futures broke through $121 a barrel for the first time Tuesday. The spike was fuelled by worries about threats to supply and a weakening dollar. ...
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Closing Forex Rates -- UK
6 May 08, 12:02 ET
As an FXstreet.com Premium member , you will gain access to live streaming real-time news; 24 hours a day, seven days a week to more than 435,000 financial professionals in 66 countries.
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Forex - Dollar Down Sharply From Weekly High Versus Sterling [GPB/USD]
6 May 08, 11:03 ET
5/6/2008 10:16:48 AM The dollar fell sharply versus the sterling in Tuesday's mid-morning action after hitting a weekly high earlier in the session. ...
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Mid−Day Forex Technical Report − Dollar Lower after Fannie Mae ...
6 May 08, 10:59 ET
by ActionForex.com Team Dollar is broadly lower in early US session following the news that mortgage lender Fannie Mae, reported a larger- than-expected ...
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Forex Technical Analysis USD/JPY 104.59 - 6 May by iForex.bg
6 May 08, 10:50 ET
The Japanese Yen is moving in 104.60 - 105.60 range against the US Dollar on Friday, which are the first support and resistance respectively for today. ...
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GFT Reduces Forex Spreads
6 May 08, 10:50 ET
GFT, a worldwide leader in online forex trading, has announced that now offers even more highly competitive prices, with spreads as low as one-pip wide. ...
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FX Technical Analysis by Forex Ltd
6 May 08, 10:49 ET
The assumed test of the key support range has not been confirmed but taking into account the relative rise of bearish activity in a short-term future with ...
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Forex Point and Figure System Now Available to Forex Traders
6 May 08, 10:27 ET
The Forex Point and Figure System successfully launched in April to the delight of forex traders around the world. The system was designed and implemented ...
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Forex - Greenback Weakens Further Versus Most Majors [EUR/USD]
6 May 08, 10:18 ET
5/6/2008 10:14:48 AM The US dollar extended previous session's losses versus most of its major counterparts during early New York trading Tuesday. ...
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Dukascopy Daily Forex Overview
6 May 08, 10:15 ET
On Monday, the dollar lost its footing and declined against its major rivals after a steady climb a week earlier. The greenback lost some of its earlier ...
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Forex & Economic Commentary by Lloyds TSB
6 May 08, 10:14 ET
Interest rate decisions in the UK and the euro zone dominate the economic calendar this week. We expect the BoE and ECB to keep policy rates unchanged at ...
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EURUSD - Daily Forex Technicals by ForexHound.com May06
6 May 08, 09:43 ET
Trading foreign exchange on the margin carries a high level of risk, and may not be suitable for all investors. The high degree of leverage can work against ...
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Market/ Commodities/ Forex Abu Dhabi bourse is now the ADX
6 May 08, 09:40 ET
‘Abu Dhabi Securities Exchange’ to more effectively reflect the exchange’s current and future role in the capital market. The ADX has 64 listed companies ...
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ECB Gold Reserves Flat, Forex Down EUR0.1 Billion In Week To May 2
6 May 08, 09:39 ET
FRANKFURT -(Dow Jones)- The Eurosystem's reserves of gold and gold receivables remained unchanged at EUR209.643 billion in the week ended May 2, the European Central Bank said Tuesday.
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FOREX VIDEO REVIEW: London Session May 6, 2008
6 May 08, 09:35 ET
Today was a very active session with quite a few trade plans related to the USD taking place, in this video we focus on the GBP/USD setup. ...
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RBI to invest USD 5 bn forex reserves for funding infrastructure
6 May 08, 09:22 ET
The Reserve Bank of India in consultation with the Government of India has decided to invest up to USD 5 billion in the wholly owned off-shore subsidiary of ...
more

FOREX-Dollar slips on Fannie results; risk appetite drops
6 May 08, 09:09 ET
NEW YORK, May 6 (Reuters) - The dollar extended declines against the euro and a basket of six major currencies for a second day on Tuesday after earnings ...
more

Piaggio Q1 sales down 15 mln euros excluding forex, one-offs - UPDATE
6 May 08, 08:56 ET
MILAN (Thomson Financial) - Piaggio (other-otc: PIAGF.PK - news - people ) SpA chairman Roberto Colannino said first-quarter sales will fall 15 million ...
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Forex - FTN Financial Examines Recent Data []
6 May 08, 08:39 ET
5/6/2008 8:30:41 AM Chris Low from FTN Financial commented on data from earlier in the week. He noted that the Fed's senior loan officers' survey was ...
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Forex - Pound Slips To Multi-day Lows Against Majors As UK's ...
6 May 08, 08:35 ET
5/6/2008 7:16:00 AM In early European deals on Tuesday, the British pound dropped to multi-day lows against its major counterparts as UK's services sector ...
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Forex - Dollar firm against euro as markets reassess US/euro zone
6 May 08, 08:29 ET
LONDON (Thomson Financial) - The dollar remained firm against the euro, trading in narrow ranges, with investors turning more positive on the United ...
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Forex Market Commentary
6 May 08, 08:16 ET
by Jason Alan Jankovsky • None in the US, very light start to the week; housing data Wednesday likely to carry more weight. A very quiet two-way session ...
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Forex - Dollar firm against euro as markets reassess US/euro zone ...
6 May 08, 08:10 ET
- LONDON (Thomson Financial) - The dollar remained firm against the euro, trading in narrow ranges, with investors turning more positive on the United ...
more

FOREX: Ringgit Closes Slightly Firmer Against US Dollar (Malaysian National News Agency
6 May 08, 07:55 ET
KUALA LUMPUR, May 6 (Bernama) -- The ringgit closed firmer against the US dollar Tuesday, supported by encouraging commodity prices, dealers said. At 5.00pm, the ringgit was quoted at 3.1500/1530 against the greenback, up from Monday's closing of 3.1550/1590.
more

FOREX: Ringgit Closes Slightly Firmer Against US Dollar
6 May 08, 07:54 ET
KUALA LUMPUR, May 6 (Bernama) -- The ringgit closed firmer against the US dollar Tuesday, supported by encouraging commodity prices, dealers said. ...
more

Integration Concluded for PFSoft's ProTrader Trading Platform with ...
6 May 08, 07:36 ET
LONDON, May 6 /PRNewswire/ -- PFSoft completes full STP integration of ProTrader trading platform with three major Forex electronic networks: Integral, ...
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Integration Concluded for PFSoft's ProTrader Trading Platform with Major Forex Aggregators and ECNs: Integral, Hotspot ...
6 May 08, 07:30 ET
PFSoft completes full STP integration of ProTrader trading platform with three major Forex electronic networks: Integral, Hotspot FX and Currenex.
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PROPOSAL FOR DIVERTING EXCESS FOREX RESERVE
6 May 08, 07:24 ET
The foreign exchange reserves of the country (including Gold, Special Drawing Rights and Reserve Tranche Position in the IMF) stood at US $ 309.16 billion ...
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Piaggio Q1 sales down 15 mln euros excluding forex, one-offs
6 May 08, 07:15 ET
MILAN (Thomson Financial) - Piaggio SpA chairman Roberto Colannino said first-quarter sales will fall 15 million euros from a year earlier, excluding the ...
more

FOREX-Dollar stumbles as risk appetite falters
6 May 08, 06:59 ET
By Veronica Brown LONDON, May 6 (Reuters) - The dollar gave up tentative gains on Tuesday versus the euro, pressured by waning risk appetite as European ...
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India's GDP Growth To Boost Up On Forex Reserves
6 May 08, 06:35 ET
(RTTNews) - Tuesday, India is capable of raising the gross domestic product growth by 2% by investing the country's huge forex reserves in more profitable assets than investing in low yielding US Treasuries, reported an independent organization.
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Forex - Slovak crown pushes to new record ahead of euro verdict
6 May 08, 05:37 ET
- PRAGUE (Thomson Financial) - The Slovak crown pushed to a new record in morning trade, boosted by tomorrow's expected green light from the European ...
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Market Overview by Forex Yard
6 May 08, 05:17 ET
Yesterday, The USD briefly extended its decline vs. the EUR for the first time in three days after Oil prices hit a record high at more than $120 a barrel. ...
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Forex - US dollar remains firm against euro
6 May 08, 05:15 ET
LONDON (Thomson Financial) - The US dollar was firmer against the euro, helped by Monday's stronger-than-expected US ISM data, but it continued to trade ...
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Forex - US dollar remains firm against euro; focus on ECB, UK rate ...
6 May 08, 05:05 ET
- LONDON (Thomson Financial) - The US dollar was firmer against the euro, helped by Monday's stronger-than-expected US ISM data, but it continued to trade ...
more

Indonesia forex reserves down slightly in April
6 May 08, 05:02 ET
JAKARTA, May 6 - Indonesia's international reserves declined to $58.8 billion at the end of April from $58.99 billion a month before, central bank data showed on Tuesday.
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Forex - Pound falls sharply on weak UK services PMI data
6 May 08, 04:44 ET
- LONDON (Thomson Financial) - The pound fell sharply after news of a unexpectedly sharp drop in UK services sector activity during April. ...
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FOREX-Dollar inches up on ISM, high oil cap gains
6 May 08, 04:33 ET
By Naomi Tajitsu LONDON, May 6 (Reuters) - The dollar inched up on Tuesday after surprise growth in the US service sector, but gains were minimal as ...
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Forex Update and USD Trading Analysis
6 May 08, 04:28 ET
• None in the US, very light start to the week; housing data Wednesday likely to carry more weight. A very quiet two-way session left the USD slightly lower ...
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GBP US Dollar Daily Forex Analysis - Limited Upside expected
6 May 08, 04:28 ET
Rate drops under the 1.9700 handle to start, look for a test of the 1.9600 area within 24 hours. Close under the 1.9700 handle again needed to wash out the ...
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Market/ Commodities/ Forex DME to begin trading Brent and Oman futures
6 May 08, 04:12 ET
Trading to begin on 2 June. Brent crude oil financial contract will be cash-settled against ICE Brent crude futures contracts. ...
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Intra−day forex market trend
6 May 08, 03:57 ET
by Dr.S.Sivaraman This session trend: other majors are expected to make quick firming up moves before next drop. Previous session moves and indications: ...
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Daily Forex Technical Report − Focus in CAD and European Crosses ...
6 May 08, 03:57 ET
by ActionForex.com Team The greenback continues to consolidate today as on the one hand, markets are still digesting last week's sharp gain. ...
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Forex - Euro Down Against Majors [EUR/USD]
6 May 08, 03:57 ET
5/6/2008 3:44:44 AM The euro weakened against its most major counterparts during early deals on Tuesday. Against the British pound, the euro started ticking ...
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ADB: Coordinate region’s policies, forex rates
6 May 08, 03:52 ET
The Asian Development Bank has called on countries in the region to coordinate exchange rates and macroeconomic policies while deepening regional ...
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DAILY FOREX AND DOW JONES RECOMMENDED LEVELS
6 May 08, 03:42 ET
Today’s support: - 1.5510 and 1.5477(main), where correction is possible. Break would give 1.5463, where correction also may be. Then follows 1.5432. ...
more

Daily Forex Overview
6 May 08, 03:35 ET
by Raivis Zile On Monday, the dollar lost its footing and declined against its major rivals after a steady climb a week earlier. The greenback lost some of ...
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Despite gold output drop and forex losses, Goldcorp reports 84 ...
6 May 08, 03:27 ET
Quebec’s Éléonore project may become a meaningful gold mine for Goldcorp, and could be the foundation of a new mine district in an underexplored area. ...
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Crown Forex - Dollar Falls Back
6 May 08, 03:23 ET
The dollar fell against major currencies yesterday even after the US ISM services came better than analysts' expectations, yet the sub indices weren't that ...
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UPDATE 1-Malaysia keeps ban on forex traders borrowing ringgit
6 May 08, 03:15 ET
KUALA LUMPUR, May 6 (Reuters) - Malaysia will retain a ban on currency traders borrowing the ringgit for trading, Second Finance Minister Nor Mohamed Yakcop ...
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RPT-FOREX-Dollar slips as focus shifts to yields, Aussie retreat
6 May 08, 02:49 ET
The US dollar was broadly weaker on Tuesday as doubts resurfaced about the health of the US economy while record oil prices lifted commodity currencies such ...
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Forex Market Update
6 May 08, 02:16 ET
By John Hardy USD lower again as crude oil posts new record highs. USDJPY can't hold above 105.00 - time for a new sell-off? Extra attention on today's ...
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Forex Market Outlook on Majors
6 May 08, 02:14 ET
by AceTrader Team www.AceTraderFX.com 24-Hr Real-time Signals Consistent Performance Intra-day, Daily, Weekly. with Email Alerts Function Try 1-week for $25 ...
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Malaysia keeps ban on forex traders borrowing ringgit
6 May 08, 02:14 ET
KUALA LUMPUR, May 6 - Malaysia will retain a ban on currency traders borrowing the ringgit for trading, Second Finance Minister Nor Mohamed Yakcop told parliament on Tuesday.
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FOREX-Dollar slips as focus shifts to yields, Aussie retreats
6 May 08, 02:08 ET
SINGAPORE, May 6 (Reuters) - The US dollar was broadly weaker on Tuesday as doubts resurfaced about the health of the US economy while record oil prices ...
more

(AFX UK Focus) 2008-05-06 06:39 Forex - Dollar trades in narrow range in Asia ahead of ECB, BOE meetings
6 May 08, 02:02 ET
HONG KONG (Thomson Financial) - The U.S. dollar traded in narrow ranges against the yen and the euro in afternoon trade in Asia on Tuesday, with investors sidelined ahead of the European Central Bank (ECB) and Bank of England meetings on Thursday.
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Forex - Dollar trades in narrow range in Asia
6 May 08, 01:45 ET
HONG KONG (Thomson Financial) - The US dollar traded in narrow ranges against the yen and the euro in afternoon trade in Asia on Tuesday, with investors ...
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Forex - Dollar trades in narrow range in Asia ahead of ECB, BOE ...
6 May 08, 01:27 ET
- HONG KONG (Thomson Financial) - The US dollar traded in narrow ranges against the yen and the euro in afternoon trade in Asia on Tuesday, with investors ...
more

FOREX:Ringgit Opens Higher Against US Dollar
6 May 08, 00:07 ET
KUALA LUMPUR, May 6 (Bernama) -- The ringgit opened higher against the US dollar today on lack of interest for the greenback in tandem with its weakness in ...
more

OUTLOOK Adecco Q1 net down on forex, weakness in France and U.S.
6 May 08, 00:01 ET
ZURICH (Thomson Financial) - Adecco SA. is expected to report slightly lower first quarter net profit of 127 million euros on Tuesday, down from 133 million the year before, mainly due to a negative forex impact.
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