The News Review:
- Citic Pacific Raises Loss on Forex Bet
- FOREX-Dollar little changed; ECB BOE rate meetings ahead
- UB Tradegate Launches New Multi-asset Trading Platform from PFSoft
- How To Get The Most Out Of Forex Trading Systems
- Forex Market Update: Swiss Franc Crosses Pare Gains Driven by …
- Market Overview by Forex Yard
- S.Korea to intervene marginally in forex market
Citic Pacific Raises Loss on Forex Bet
Wall Street Journal
–>Citic Pacific Raises Loss on Forex Bet ArticleCommentsmore in Asia » HONG KONG — Citic Pacific Ltd. disclosed larger losses than estimated from its foreign-exchange contracts due to the weakness of the Australian dollar. Citic Pacific said its realized and potential losses from unauthorized foreign-exchange contracts had risen to a total of 18. 6 billion Hong Kong dollars (US$2. 4 billion) as of Nov.
FOREX-Dollar little changed; ECB BOE rate meetings ahead
Reuters
The news boosted expectations that the Bank ofEngland may slash rates by at least a full percentage pointfrom 3. 0 percent on Thursday to shore up the domestic economy. “The British pound has been very weak reflecting themarket’s expectation for a larger rate cut” said Kathy Liendirector of currency research at GFT Forex in New York.
UB Tradegate Launches New Multi-asset Trading Platform from PFSoft
MarketWatch
The trading platform allows tradersto trade Stocks CFDs Futures Options and Forex. The service is primarilyaimed at Scandinavian clients. “We’re very pleased to be able to offer Scandinavian traders a gateway tothe world’s financial markets. The ongoing support of PFSoft has beeninstrumental in getting up and running and we look forward to working withPFSoft to further enhance what we think is the most innovative and versatiletrading platform in Scandinavia” comments Mika Liebkind CEO of UB Tradegate. “We’re very happy to now be able to offer a true multi-asset platform toour clients” says Denis Borisovsky CEO of PFSoft Ltd.
How To Get The Most Out Of Forex Trading Systems
American Chronicle CA
Now obviously not all of these are going to be great products but that doesn't necessarily matter as I'm about to explain. I think people's expectations of these products are simply too high and unrealistic. They see an impressive-looking sales page with what looks to be a great performance record and expect to see the same results themselves when they buy this product. Unfortunately most are ultimately left disappointed and will either leave the product to gather dust or ask for a refund.
Forex Market Update: Swiss Franc Crosses Pare Gains Driven by …
Daily FX NY
5 Fueling Bets For Bold Rate Cuts Written by DailyFX Research The Swiss franc firmed up in to the European session with gains coming against the euro and sterling ahead of today’s key rate decisions from the BoE and the ECB. EUR-CHF traded back in to 1. 5300 versus an Asian peak of 1. 5381 and GBP-CHF reverted to the 1. 7750 area against an Asian high of 1.
Related from Cannabisfanclub: Swiss Voters Send Mixed Messages On Heroin Marijuana
Market Overview by Forex Yard
Forex Hound NY
75% and to try and elevate the economy by every means possible. The immediate reaction for such announcements is usually a large depreciation in the local currency meaning a drop for the EUR but the overall impact may in fact strengthen the European currencies in the long run. Traders should focus their attention on trading at 12:45 GMT as this is expected to be the highlight of the week for forex traders. * JPYBullish Breach Expected for the JPYThe JPY continued its volatile behavior yesterday as it mainly fluctuated against the major currencies. Currently it seems that the JPY is well valued as no significant breach has been made for quite some time. However the series of worldwide interest rates cut expected today and throughout the following week may put an end to the delicate balance of the JPY. As known the Bank of Japan is the only central bank in the western world that avoided cutting interest rates in December.
S.Korea to intervene marginally in forex market
Forbes NY
‘South Korea does not have enough capacity for massive forex intervention. We will carry out smoothing operations in forex markets when necessary’ Bahk Byoung-won senior presidential secretary told reporters.