The News Review:

- FREX-Euro rises vs dollar as market cheers Citi report
- Is Forex Trading A Zero-Sum Game?
- Market verview by Forex Yard
- Forex Market Update: EUR AUD and GBP Extend Gains on Citigroup Report
- Forex shocks turning treasurers plan sponsors into hedge hogs
- Asean+3 to form forex pool
- FREX-Dollar tumbles amid heightened uncertainty

FREX-Euro rises vs dollar as market cheers Citi report
Reuters -
3 pct as Citi move seen positive * Euro hits 12-day high vs dlr of $1. 2991 1-mth high vs yen (Updates prices changes byline dateline; previous TKY) By Jessica Mortimer LNDN Feb 23 (Reuters) – The euro rose close to a two-weekhigh against a broadly lower dollar on Monday on reports theU. government is to take a large stake in struggling lenderCitigroup (.

Is Forex Trading A Zero-Sum Game?
The ptions Insider -
Could you please explain this what does it mean?AnswerThank you for your question. There is a misconception among some traders that every trade must have a winner and a loser. There is a great deal of misinformation out there and there have even been books published recently that incorrectly state that Forex trading is a zero-sum game. In order to clear up the confusion created by these inaccuracies let’s first understand the meaning of that phrase. Suppose you place a friendly bet with an acquaintance on the outcome of a football match. Each of you puts up an equal amount of money let’s say $100 and at the end of the game one of you will walk away with $200 and the other will be $100 poorer. That is a zero-sum game in its purist sense; unless the game ends in a tie there will be one winner and one loser end of story.

Market verview by Forex Yard
Forex Hound NY -
The Slow Stochastic on the hourly chart also points towards a current bullish momentum. In addition there is a very distinct bullish channel forming on the daily chart which strongly supports this bullish notion. This might be a great opportunity for forex traders to join a very promising bullish 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 Market Update: EUR AUD and GBP Extend Gains on Citigroup Report
Daily FX NY -
government was mulling taking up to a 40% stake in Citigroup. The late sell-off in the USD Friday was tied to only one very large USD-CHF selling order that then reverberated through the rest of the currency pairs. Stops above Friday’s highs for currencies such as GBP AUD and EUR helped extend the gains in those currencies and undermine the USD further.

Forex shocks turning treasurers plan sponsors into hedge hogs
FinancialWeek (subscription) NY -
“What we have been seeing more recently is people asking about hedging” said Diane Miller principal at Mercer LLC’s London office. “We’re getting quite a lot of queries. ” Consultants said they have recommended currency hedging for years but today’s environment has heightened investors’ concerns about their foreign exchange exposure. For the year ended Dec.

Asean+3 to form forex pool
Business Mirror Philippines -
4pt; mso-para-margin:0in; mso-para-margin-bottom:. 0001pt; mso-pagination:widow-orphan; font-size:10. 0pt; font-family:”Times New Roman”; mso-ansi-language:#0400; mso-fareast-language:#0400; mso-bidi-language:#0400;} ECNMIC-policy reforms stimulus packages and schemes to shield the most vulnerable sectors from the global economic crisis will dominate discussions of the Leaders Meeting for the 14th Association of Southeast Asian Nations (Asean) Summit in Hua Hin Thailand from February 27 to March 1.             A high-level meeting of the Asean+3?China Japan South Korea?held over the weekend focused on measures to be adopted by the region to grapple with the deepening economic crisis.             More discussions and an outcome document on the regional response are expected to be finalized at the Asean Summit. Key documents to be signed and adopted include the Declaration on the Roadmap for an Asean Community (2009-2015) that seeks to establish a single-market economy for Asean.             Leaders are also expected to adopt the Asean Political-Security Community and Asean Sociocultural Community Blueprints and Joint Declaration on the Attainment of the Millennium Development Goals in Asean.
Related from Abnthailandhotels: The 29th ASEAN Tourism Forum opens amid global economic woes

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.