The News Review:

- FREX-Dollar hits 1-month high vs euro; kiwi slumps
- China’s forex reserve growth slows for first time since 1998
- FREX-Yen dollar gain as global economic worries mount
- Market verview by Forex Yard
- Forex News and Rumors
- Forex Market Update: EUR/USD Succumbs to Rate Cut Expectation
- It is not difficult to trade in forex market

FREX-Dollar hits 1-month high vs euro; kiwi slumps
Reuters 
trade deficit posted its biggest contractionin 12 years as weak consumer demand and plummeting oil pricesled to a record drop in imports. For more see [ID:nN12143661] “The theme of the day is really a broad-based dollarrally” said Kathy Lien director of currency research at GFTForex in New York. “There are a number of reasons for that; theprimary of which is the stronger trade balance number that wehad this morning that renewed some optimism in the U. The euro eased below $1.
Related from Lasilla: Euro Weakens to ne-Month Low on ECB utlook Spain’s Rating

China’s forex reserve growth slows for first time since 1998
MarketWatch 
95 trillion slightly slower than the growth in reserves marked last year state-run Xinhua new agency reported Tuesday. The increase from the end of 2007 to end of 2008 totaled $417. 8 billion down from $461. 9 growth the year before and marking the first slowdown in foreign exchange growth in a decade.

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.

Market verview by Forex Yard
Forex Hound NY 
The Wild Card* GoldGold prices are once again dropping and it is currently traded around $821 per ounce. And now the 4 hour chart’s Slow Stochastic is giving bullish signals indicating that gold prices might go up. This might give forex traders a great opportunity to enter a very popular trend. Date Time Country Event Period Previous Forecast Importance © 2006 by FxYard LtdDisclaimer: Investment in the currency exchange is highly speculative and should only be done with risk capital. Prices rise and fall and past performance is no assurance of future performance. This and any analysis published or received from FREXYARD is for informational use. Accordingly we make no warranties or guarantees in respect of the content.

Forex News and Rumors
ANDA Forex Blog Canada 
trade deficit dropped by 28. 7 percent for the month of November to $40.

Forex Market Update: EUR/USD Succumbs to Rate Cut Expectation
Daily FX NY 
A spate of weak BRC BCC and RICS data from the UK and a plethora of layoff announcements in the UK sent sterling to lows of 1. USD-JPY surprising defied the 4. 79% slide in the Nikkei after warnings from Nakagawa on forex and traded around 89. 30-50 much of the session above the NY low of 88. Asian stock markets were mixed and treasury yields were marginally firmer.

It is not difficult to trade in forex market
Ecommerce Journal MA 
5 trillion dollars being traded daily. The forex market across the globe has no central location in contrary to other financial markets that operate in a central location such as stock exchange. Forex market is a network among worldwide banks financial institutions and individual traders who are all involved in the buy and sell of currencies. To be a forex trader and trade currency you need a computer internet and software forex trading system.