The News Review:

- FREX-Dollar steadies after rally US bank aid supports
- Market verview by Forex Yard
- Forex Trading Market Conditions Point to Range Trading Strategies
- Daily Forex Snapshots US Session: Financial Markets Remain …

FREX-Dollar steadies after rally US bank aid supports
Reuters -
banks’ capital needsand determine whether a bigger buffer is warranted. [ID:nN23331722] “Players in the forex market believe the U. government istaking very aggressive steps to tackle bank problems” saidHideki Amikura deputy general manager of forex trading at NomuraTrust and Banking. “That is helping the dollar. The dollar also received a boost on Monday after the WallStreet Journal reported the government could take a stake of upto 40 percent in Citigroup by converting preferred stock intocommon shares.

Market verview by Forex Yard
Forex Hound NY -
The Wild Card* ilThe price of this commodity appears to be floating in the over-sold territory on the hourly chart’s RSI signaling an upward correction may take place later today. There appears to be a bullish cross forming on the 4-hour chart’s Slow Stochastic as well which supports this notion. Forex traders should wait for a leveling off in the price of this commodity then anticipate the upward correction to earn large profits during this imminent price movement. 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 Trading Market Conditions Point to Range Trading Strategies
Daily FX NY -
Early-week breakouts in key currencies made our range trading strategies initially unprofitable but a quick reversal of fortunes had range strategies as relative outperformers on the week’s close. Continued declines in forex options market volatility expectations support outlook for our range trading strategies but we remind traders that markets remain especially unpredictable as of late. ur confidence in our range trading bias remains low and we advise traders to keep a close watch on potential market deterioration.
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Daily Forex Snapshots US Session: Financial Markets Remain …
ACM -
No major data releases scheduled during the US session. The Fed?s Fisher and Lockhart will speak at separate events today. Risk Disclaimer: Although every investment involves some degree of risk the risk of loss in trading off?exchange forex contracts can be substantial. Therefore if you are considering trading in this market you should be aware of the risks associated with this product so you can make an informed decision prior to investing. The material presented here is not to be construed as trading advice or strategy. ACMNY makes a strong effort to use reliable expansive information but we make no representation that it is accurate or complete. In addition we have no obligation to notify you when opinions or data in this material change.