The News Review:

- FOREX-Dlr yen stung bailout hopes cool risk aversion
- HK forex reserves at $165.9 bln at end-Nov – HKMA
- Forex and Dow Jones recommended levels
- FOREX-US dollar falls vs euro after ECB cut jobs data loom
- iFinix/ProActive Futures Enters Joint Venture
- Pivot Names Forex Veteran CEO Upgrades Collaboration Platform
- Autopilot – new opportunities of Forex trading

FOREX-Dlr yen stung bailout hopes cool risk aversion
Reuters 
DXY to 1-wk low * Hope of bailout for U. carmakers boosts sentiment * European stocks up 5 pct as risk aversion decreases (Changes byline adds comment updates throughout) By Naomi Tajitsu LONDON Dec 8 (Reuters) – The dollar fell sharply againstthe euro and a basket of currencies on Monday as talk of animminent bailout deal for stricken U. automakers boostedequities and helped to quell extreme levels of risk aversion. European shares rose 5 percent while thelow-yielding Japanese and U.

HK forex reserves at $165.9 bln at end-Nov – HKMA
Forbes NY 
9 billion at end-November the Hong Kong Monetary Authority said on Monday up 7. 2 percent from $154. 8 billion at the end of October. Hong Kong whose currency is linked to the U.

Forex and Dow Jones recommended levels
International Business Times NY 
2642(main) where correction is possible. Break would give 1. 2603 where correction also may be.

FOREX-US dollar falls vs euro after ECB cut jobs data loom
Reuters 
nonfarm payrolls report Friday * For up-to-the-minute market news click on FXNEWS (Recasts updates prices adds quotes changes byline) By Wanfeng Zhou NEW YORK Dec 4 (Reuters) – The U. dollar fell againstthe euro on Thursday as some investors lauded the EuropeanCentral Bank’s bolder-than-expected interest rate cut as aproactive step to stave off a deep recession in the 15-nationregion. The ECB seen by market participants as being behind thecurve in lowering borrowing costs to boost growth made itsbiggest ever cut lowering benchmark interest rate by 75 basispoints to 2.

iFinix/ProActive Futures Enters Joint Venture
MarketWatch 
8 2008 GARDEN CITY NY Dec 08 2008 (MARKET WIRE via COMTEX) –iFinix Corp (PINKSHEETS: INIX) a provider of real-time financialinformation and services to active traders and to the securitiesindustry is pleased to announce that through its wholly ownedsubsidiary ProActive Futures the company has entered into a JointVenture agreement with Island Forex Trading. Island Forex Trading a Commodities Trading Advisor specializes intrading the fast-growing online foreign currency market. Islandprovides free in-depth training to all of its traders on a dailybasis and will offer the same service to proactive traders as well. To date Proactive has focused its efforts primarily on theCommodities and Futures markets. With Island’s infrastructure andtrading technology in place ProActive will now be able to moveaggressively into the burgeoning Forex trading market which accountsfor over 3 trillion dollars in daily volume compared to NYSE volumeof 2 billion dollars. Nicholas Piazza Island Forex President stated “I’m excited aboutmoving forward with ProActive.
Related from Careersemploymentmonster: Monster Worldwide and News Limited Announce Australian Joint Venture

Pivot Names Forex Veteran CEO Upgrades Collaboration Platform
Securities Industry News (subscription) NY 
The upgrade to Pivot 360 a centralized platform for inter-enterprise communications has “laid the tracks for some really interesting and exciting developments in the product just in terms of our ability to service additional asset classes and also provide additional functionality to existing customers” said Eley. In 2002 Eley was named president and CEO of Hotspot FX a position he held until April 2006 when the forex marketplace was sold to Knight Capital Group. Eley who was previously CFO of onExchange a futures industry technology provider acquired by Clearing Corp. in 2004 stayed on at Knight for about four months. Eley found Pivot attractive because “in the last 10 or 12 years I’ve gotten very interested in issues in and around market efficiency and market structure and the efficiency of market participants. ” Pivot’s “unique” IM offering addresses those needs he said adding that the company’s investors approached him several months ago.

Autopilot – new opportunities of Forex trading
Ecommerce Journal MA 
Eventually the situation changed and Forex platform became very popular with the broad masses. Today Forex offers its Autopilot application that can help even those people with limited or negligible idea of Forex trading to earn on the market. Forex Autopilot enables unaware players to make money on trading currency. Moreover it can observe the market condition 365x7x24 which is naturally impossible for a player.