The News Review:

- FREX-Euro pound pressured on econ bank worries
- FREX-Yen dips; euro pound rise vs dlr as risk aversion ebbs
- Market verview by Forex Yard
- FREX-Yen boosted as Asian shares shunned
- Forex Market Update: Pound Bounces After Barclays Share Price Rises
- Students’ exodus costs India forex outflow of $10 bn: Assocham
- Engaging a good forex broker is important for your forex trading …

FREX-Euro pound pressured on econ bank worries
Reuters 
5 pct vs dlr (Adds quote updates prices changes dateline prvs TKY) By Tamawa Desai LNDN Jan 26 (Reuters) – The euro and sterling remainedunder pressure on Monday as concerns about the global economyand banking sector problems prompted investors to seek dollarsand yen as they were perceived as safer assets. The euro fell back near six-week lows against the dollar onongoing concerns about the banking system and sterling hoverednear 23-year lows as a Bank of England policymaker said interestrates should fall toward zero. But losses were trimmed as European share prices reversedearly losses to trade 0.

FREX-Yen dips; euro pound rise vs dlr as risk aversion ebbs
Reuters 
1 pct * European stocks rise as Barclays ING drive rally in banks * Global growth banking sector concerns remain (Adds quote updates prices changes byline) By Jessica Mortimer LNDN Jan 26 (Reuters) – The yen dipped on Monday whilethe euro and sterling edged higher against the dollar as a rallyin bank shares bolstered European equities helping to take theedge off investors’ heightened aversion towards riskier assets. Equity market gains weighed on the Japanese yen — perceivedas a safe haven currency — although concerns over the globaldownturn and the outlook for the troubled banking sectorlingered.

Market verview by Forex Yard
Forex Hound NY 
housing sector will be released Monday and Thursday. We also have the Advanced GDP report for the 4th quarter of 2008 coming out this Friday. Forex traders should mark these events in their calendars as they will no doubt generate exceedingly high volatility in the market especially surrounding USD pairs and crosses. * EURCredit Downgrades of Smaller Euro-Zone Economies May Weaken EURThe EUR has been experiencing some interesting price swings these past few trading days. With sharp fluctuations against the USD JPY and GBP the 16-nation currency is poised for an important news week. Ending last week against the USD at 1. 2970 the pair currently sits around the 1.

FREX-Yen boosted as Asian shares shunned
Reuters 
Trade was subdued given few major economic events ahead ofthe weekend and the Chinese New Year holidays next week thoughthat exaggerated moves in the market traders said. The Japanese currency hovered near a 13-½ year high againstthe dollar and stayed in sight of a seven-year peak against theeuro hit earlier this week due to global banking woes. Gains in the yen picked up after Tokyo’s Nikkei share average. N225 extended losses dropping 3.

Forex Market Update: Pound Bounces After Barclays Share Price Rises
Daily FX NY 
3 bln in two weeks time. The news came via an open letter from Marcus Agius and John Varley and led to share price rises of 25% which lifted Cable out of 1. 3550 and back above 1. 3700 while EUR-GBP traded down to 0.
Related from Inkfeenz: SECC and Glasgow City Marketing Bureau to target US and European …

Students’ exodus costs India forex outflow of $10 bn: Assocham
Economic Times India 
The report by theAssociated Chambers of Commerce and Industry (Assocham) said despite subsidisedengineering and management education about 500000 students choose to go abroadevery year. This amount is sufficient to open as many as 20engineering and management institutes of repute in the country to prevent braindrain it added. “The primary reason why large number of Indianstudents are forced to opt for foreign universities is that Indian institutionshave high capacity constraints. This trend can be reversed by opening a seriesof quality institutions with public private partnership by completelyderegulating higher education” Assocham president Sajjan Jindal said in thereport.

Engaging a good forex broker is important for your forex trading …
Ecommerce Journal MA 
To be forex brokers the person or company needs licenses. Forex brokers are required to register with the Futures Commission Merchant (FCM) and are regulated by the Commodity Futures Trading Commission (CFTC). Forex brokers make money when there is the difference between the price at which a currency is bought and sold by the forex traders in the forex market. That difference is often called as the spread or the pip.