The News Review:

- FREX-Yen falls broadly after more weak Japanese data
- Market verview by Forex Yard
- FREX-Dollar steadies after rally US bank aid supports
- FREX-Dollar hits 3-month high vs retreating yen
- FREX: Ringgit Firmer Against Dollar In Early Session
- GVI Forex Month Ahead Forex Forecasts
- FREX-Dollar tumbles amid heightened uncertainty

FREX-Yen falls broadly after more weak Japanese data
Reuters -
The dollar fell against the euro however as equity marketsgained after Federal Reserve chairman Ben Bernanke signalledthat nationalisation of big U. banks was not on the cardswith European equities up 1. 4 percent in early trade.
Related from Abnphukethotel: Japanese tourist falls to death from Phuket hotel

Market verview by Forex Yard
Forex Hound NY -
The recent bearish cross on the 4-hour chart’s Slow Stochastic supports this notion. With a bearish cross beginning to form on the daily chart’s Slow Stochastic forex traders may be confident with the idea that a downward correction is imminent and capture profits by entering short positions now and riding out the impending 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.

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.

FREX-Dollar hits 3-month high vs retreating yen
Reuters -
utside of strength versus the yen the dollar fell againsta basket of six major currency rivals as U. stock futurespointed to a higher Wall Street open — having hit a 12-yearclosing low on Monday. World stocks as measured by MSCI’s world equity index hittheir lowest in almost six years.

FREX: Ringgit Firmer Against Dollar In Early Session
Bernama Malaysia -
“The decision to reduce the PR is a good move as it helps to spur buying on the ringgit” a dealer said. Moving forward forex players would adopt a wait-and-see attitute ahead of the gross domestic product (GDP) data expected to be released by BNM this week. In early trading today the ringgit however traded mostly lower against other major currencies. Against the Singapore dollar it declined at 2.

GVI Forex Month Ahead Forex Forecasts
Forex Hound NY -
•Fiscal year end repatriation (March 31) should favor JPY. However talk of pan-Asian agreement to weaken JPY. Dissention within policy board over recent policy stance.

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.