FREX-Dollar up vs euro on ECB view; risk aversion lifts yen

The News Review:

- FREX-Dollar up vs euro on ECB view; risk aversion lifts yen
- FREX-Yen dollar gain as global economic worries mount
- Forex trading: Is it real or fake?
- The emerging forex indicators
- China’s forex reserves still growing
- FREX-US dollar rebounds as jobs data not bad as feared
- FREX-US dollar drops vs yen as Wal-Mart jobless weigh

FREX-Dollar up vs euro on ECB view; risk aversion lifts yen
Reuters 
Johnson NEW YRK Jan 12 (Reuters) – The dollar hit a one-monthpeak against the euro on Monday as investors braced for theEuropean Central Bank to cut interest rates this week andStandard & Poor’s announced a ratings warning for Spain. The yen was stronger hitting a three-week high against thedollar and a one-month peak against the euro as fear of aworsening global slump led investors to shun risk in favor ofthe low-risk and low-yield returns of yen-denominated assets. Investor risk appetite already dulled by declines in worldequity markets took another dive after S&P’s outlook revisionon Spain which boosted worries about the euro zone outlook. The news from S&P “is making people a bit nervous in termsof the sovereign risk in Europe” said Ken Landon globalforeign exchange strategist at JPMorgan Chase in New York.

FREX-Yen dollar gain as global economic worries mount
Reuters 
9 pct * High-yielding Aussie tumbles over 2 pct vs dollar yen (Releads changes byline) By Tamawa Desai LNDN Jan 12 (Reuters) – The euro fell on Monday hittinga 1-month low against a broadly firmer yen as investors shunnedriskier assets while it was also pressured on expectations thateuro zone interest rates will be cut further later in the week. European shares retreated nearly 1 percent on the dayfollowing a rout in Asian shares after Friday’s U. payrolldata showed the world’s largest economy lost more than onemillion jobs in the final two months of the year.

Forex trading: Is it real or fake?
The Punch Nigeria 
My dear forex trading is definitely not fake. Some of us are doing quite well and living as if we do not work. Secondly in forex you can start with as little as a dollar depending on the broker. There are plenty of opportunities to make profit in forex but there are also many more opportunities to loose money.

The emerging forex indicators
Business Standard India 
And as always the queries poured in from multiple regions. We have had queries from India and a few from Europe. It all seems to have a kind of inflexion psychology linked more to an emerging forex collapse. ne member said “If the currency crashes foreigners will desert the country complicating matters.

China’s forex reserves still growing
The Australian Australia 
module-subheader –>Article from:. The comments from People’s Bank of China governor Zhou Xiaochuan made on the sidelines of meetings at the Bank for International Settlements come after reports that.
Related from Cghyjx: China’s strategic commodity purchases

FREX-US dollar rebounds as jobs data not bad as feared
Reuters 
pct * Euro pressured by mixed euro zone economic data (Recasts adds comments U. data updates prices changesbyline dateline; previous LNDN) By Gertrude Chavez-Dreyfuss NEW YRK Jan 9 (Reuters) – The dollar rallied across theboard on Friday in volatile trading with investors relieved bydata showing U. job losses in December were not as dismal asmany had feared. Traders had positioned themselves for a gruesome non-farmpayrolls number following a U.

FREX-US dollar drops vs yen as Wal-Mart jobless weigh
Reuters 
weekly jobless claims Wal-Mart sales hurt dollar * Dollar falls vs yen as risk aversion returns * Stg bounces as BoE delivers 50 bps rate cut as expected (Recasts adds quotes updates prices; changes bylinedateline previous LNDN) By Gertrude Chavez-Dreyfuss NEW YRK Jan 8 (Reuters) – The U. dollar tumbled againstthe yen on Thursday as falling stocks worldwide and weak salesat U. retailer Wal-Mart tempered the market’s appetite forrisk and reignited worries about the global economic outlook.

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