FREX-US dollar slides as rising stocks dim safety luster

The News Review:

- FREX-US dollar slides as rising stocks dim safety luster
- FREX-Dollar retreats sterling on defensive vs euro
- FREX-Dollar gains broadly as stocks fall on banking woes
- CRRECTED – CRRECTED-FREX-Dollar dips as risk aversion eases …
- Euro Breakout Favored as Long as Price is above 1.2616
- Why Use a Trailing Stop in Forex
- Philippine c.bank’s forex swaps at $2.55 bln at end-Jan

FREX-US dollar slides as rising stocks dim safety luster
Reuters
European shares rose. FTEU3 with banks leading the wayas U. stocks edged up although gains were pared as hopesfaded for new details on a government plan to shore up thebanking system.

FREX-Dollar retreats sterling on defensive vs euro
Reuters
DXY as investors look to U. shares * Sterling extends loss vs euro; outlook wobbly * Bini Smaghi comments sap some euro strength * Yen erases earlier losses to rise vs dollar (Changes dateline byline adds quotes updates prices) By Veronica Brown LNDN March 10 (Reuters) – The dollar fell against abasket of currencies on Tuesday retracing much of the previousday’s sharp gains as investors focused on gains for stocks thathave tended to undermine flows into the U. Some easing of wariness towards risk allowed the euro atechnical bounce against the dollar while sterling lengthenedlosses versus the common currency on continued worries aboutBritain’s banking sector. The yen erased losses and rose versus the dollar thoughdoubts about the Japanese currency’s status as a safe port inthe global economic storm ensured it kept an overall defensivetone traders said.

FREX-Dollar gains broadly as stocks fall on banking woes
Reuters
equity index futures are driving forex priceaction again” said Adam Cole global head of forex strategy atRBC Capital Markets in London. “The dollar is stronger across the board but withparticularly marked gains against an independently weak pound. By 1208 GMT the dollar index rose 0.

CRRECTED – CRRECTED-FREX-Dollar dips as risk aversion eases …
Reuters
notlosses) * Dollar dips vs yen and euro as risk aversion eases * Friday’s U. jobs data not as bad as some had feared * Dollar index off last week’s three-year peak * Japan record current account deficit in Jan weighs on yen By Masayuki Kitano TKY March 9 (Reuters) – The dollar dipped against the euroon Monday as investors trimmed safe-haven buying of the dollarafter last week’s U. payrolls data showed that job losses wereless severe than many had feared. The yen trimmed its gains versus the dollar and dippedagainst the euro weighed down by data showing that Japan posteda record current account deficit of 172.
Related from Softwaremonster: CRRECTED – -FFICIAL-Intuit Block retail software sales drop

Euro Breakout Favored as Long as Price is above 1.2616
Daily FX
This is where the ending diagonal which are usually fully retraced began. ”Jamie Saettele publishes Daily Technicals every weekday morning (930 am EST) CT analysis (published Monday mornings) technical analysis of currency crosses throughout the week (EUR on Tuesday JPY on Wednesday GBP on Thursday AUD on Friday) and the DFX Trend Index every day after the NY close. He is also the author of Sentiment in the Forex Market. Please send comments about this report to jsaettele@dailyfx.

Why Use a Trailing Stop in Forex
Sovereign Society
worldcurrencywatch. com Let me go on record right now as saying a trailing stop is one of the most MISUSED orders out there in Forex. At first glance it appears that if you put in an order.

Philippine c.bank’s forex swaps at $2.55 bln at end-Jan
Reuters India
bank’s forex swaps at $2. 55 bln at end-Jan| Reuters.

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