FOREX-Yen gains on econ geopolitical fears repatriation

The News Review:

- FOREX-Yen gains on econ geopolitical fears repatriation
- FOREX-US dollar up vs euro on risk aversion; falls vs yen
- Market Overview by Forex Yard
- Forex Trading Robots – How Profitable Are They?
- FOREX-Euro falls; EU stimulus package raises concerns
- PFGBEST.com and Integral Partner on Technologies to Give Forex …

FOREX-Yen gains on econ geopolitical fears repatriation
Reutersnbsp;
Thanksgiving holiday
* Dollar dips vs euro; U. balance sheet concerns weigh
(Recasts changes byline adds quotes previous TOKYO)

By Jessica Mortimer
LONDON Nov 27 (Reuters) – The yen gained against the dollarand euro on Thursday as market worries about the cost of fiscalstimulus packages and how far they could succeed in fending offa global recession kept the low-yielding currency supported. The dollar dipped broadly as worries over the weak U. economy and the impact of these measures on the nation’s balancesheet weighed though currencies were confined to tight rangesand liquidity was lighter than usual due to the U.

FOREX-US dollar up vs euro on risk aversion; falls vs yen
Reutersnbsp;
“The durables is not a pleasant number. It’s horrid acrossthe board. The euro also dropped against the yen after EuropeanCommission chief Jose Manuel Barroso proposed an EU-wide fiscalstimulus package worth 200 billion euros to revive economiesacross the region [ID:nLQ148816]. Analysts said that the plan marked a step in the rightdirection but uncertainty about its efficacy and generalconcerns about a deep slowdown in the global economy werekeeping investors in the mood to sell risky assets.

Market Overview by Forex Yard
Forex Houndnbsp;NYnbsp;
consumers cut spending during October at the steepest rate in more than 7 years. This was a 4th straight monthly fall in spending and underlined how a credit crunch falling home prices and steady job losses were sapping consumers’ will and ability to spend. Looking ahead the Forex market is set to be relatively quiet as Americans celebrate Thanksgiving holidays. Nevertheless with energy prices and the U. stock market driving much of the financial speculation worldwide analysts predict the Dollar to contribute to at least some of today’s market volatility. * EUR
EUR’s Strength Likely to be Determined by Upcoming Economic Developments in Germany
The EUR experienced a bearish trading session yesterday losing ground against most of its currency crosses.

Forex Trading Robots – How Profitable Are They?
American Chroniclenbsp;CAnbsp;
It#039;s easy to see why because most of them promise healthy profits and can be easily integrated into Metatrader4 but how profitable are they in reality?
Well it should be pointed out that nearly all forex trading robots will have compelling sales pages and impressive looking performance records but you have to be careful about building your hopes up too much about any particular program. A lot of them give back-tested data which although may seem impressive also means that in some cases they may not actually have traded their robot with real money. That#039;s not to say all of these trading robot programs are a scam however. Some of these robots have indicated that they are profitable when back-tested over several years but also turn out to be profitable when used now trading a live account.

FOREX-Euro falls; EU stimulus package raises concerns
Reutersnbsp;
Risk aversion kept hold in financial markets on fears aboutthe looming global recession. This pushed European shares. 2 percent and boosted the low-yielding yenwhile further dollar repatriation flows and deleveragingsupported the U.
Related from Mortgagerefinancemonster: Fannie and Freddie Will be Important in Economic Recovery …

PFGBEST.com and Integral Partner on Technologies to Give Forex …
MarketWatchnbsp;
com MetaTrader4 (MT4) retail trading platform. This
platform is bridged to Integral’s FX Grid(R) global Multi-sided Trading
Facility (MTF). The solution is designed to help retail brokerage firms
and Introducing Brokers (IBs) gain access to forex market liquidity and
then to stream the aggregated prices to their respective clients. com MT4 platform has been used by several hundred retail
forex brokers and dealers and to meet strong market demand was recently
made more broadly available to PFGBEST. com brokers and clients.

Add A Comment

© 2005-2009 Forex News