The News Review:

- FREX-Dollar tumbles amid heightened uncertainty
- FREX-Dollar yen rise on falling stocks economic woes
- FREX-Dollar firmer euro pares losses but vulnerable
- FREX-Dollar dips but supported by safe-haven appeal
- Market verview by Forex Yard
- Dukascopy Morning Forex verview
- Media Alert: Forex Expert Available to Discuss Myths and Facts …

FREX-Dollar tumbles amid heightened uncertainty
Reuters -
bank nationalization grow * Euro zone worries may renew pressure on euro (Recasts; updates prices adds comment changes byline) By Steven C. Johnson NEW YRK Feb 20 (Reuters) – The dollar fell across theboard on Friday as investors sought to lock in the currency’ssteep gains ahead of the weekend amid growing uncertainty aboutthe prospect of U. bank nationalization. The euro surged above $1. 28 rebounding from an earlierdecline below $1.

FREX-Dollar yen rise on falling stocks economic woes
Reuters -
5 percent * Recession fears banking and E. Europe woes continue * Euro zone PMI data eyed at 0858 GMT (Adds quotes changes byline dateline; previous TKY) By Jessica Mortimer LNDN Feb 20 (Reuters) – The dollar and the yen rose onFriday as growing global economic woes falling share pricesand worries about trouble in eastern Europe encouraged investorsto flee to safer assets. The euro gave back much of the previous day’s gains againstthe dollar as nervousness about damage to the European bankingindustry from struggling economies on the euro zone’s peripheryand in eastern Europe pushed European stocks down 2. Investors eyed key purchasing managers’ surveys on the eurozone manufacturing and services sector at 0858 GMT which arelikely to give further evidence of deteriorating activity.
Related from Champcarnews: Sector Snap: Auto stocks rise

FREX-Dollar firmer euro pares losses but vulnerable
Reuters -
2624 after low of $1. Europe woes hamper euro (Releads adds quotes updates prices changes byline) By Tamawa Desai LNDN Feb 20 ( Reuters) – The dollar was broadly firmer onFriday as concerns lingered about ailing banks and a globalrecession while the euro was lower but pared losses on hopesfor a solution to alleviate the euro zone’s problems. Germany’s foreign minister said on Friday a process hadbegun to consider how financially strong euro zone nations couldhelp weaker members of the currency union though it was tooearly to say what measures might be taken.

FREX-Dollar dips but supported by safe-haven appeal
Reuters -
10percent on Thursday as expected but extended the deadline forits buying of commercial paper to help corporate funding as itbattles the credit crunch with the economy in its deepest slumpin more than the three decades. [ID:nTKU003268] With little room to cut overnight rates after bringing themdown to near zero late last year the BJ is focusing on ways toimprove funding conditions for financial institutions andcompanies in an economy hit hard by the global slump. “There is an emerging view that the yen may not be soappropriate to buy unlike before at times of risk aversion”said Minoru Shioiri chief manager of forex trading at MitsubishiUFJ Securities. Political uncertainty in Japan was adding to gloom about theeconomy in contrast with the U. and European governments’swift moves to combat the global recession traders said.

Market verview by Forex Yard
Forex Hound NY -
In the last few days of trading the Dollar has made some big gains against the JPY. This is mainly due to the fact that investors and forex traders are of the view that the Dollar will be the number 1 safe-haven currency during the current global recession. The JPY dived against the Dollar by 60 pips to close at 94. The Yen lost over 100 pips vs. the EUR marking its second straight loss against the European currency.

Dukascopy Morning Forex verview
Forex Hound NY -
2760 on stimulus hopes but faded to 1. 2670 on a lack of specifics from Merkel and ECB comments (Bini Smaghi) that the zone shouldn’t use currency weakness to gain economic advantage. The British pound rose from 1.

Media Alert: Forex Expert Available to Discuss Myths and Facts …
MSNBC -
“The good news about forex trading is that good opportunities are availablein today’s faltering and ailing economy. The bad news is thatmisconceptions about forex abound” says Wayne McDonell ChiefCurrency Coach of FX Bootcamp (.