The News Review:
- WRLD FREX: Dollar Eases Back; Sterling Recovers Ground
- Forex Daily Analysis
- Forex Market Update: Euro Under Pressure as IMF Calls For Further …
- Gbp/Usd Wave II) at 1.6330
- China Encourages Use of Forex Reserves for verseas Investment to …
- GAIN Capital’s FREX.com Named Best Retail FX Platform by Profit …
WRLD FREX: Dollar Eases Back; Sterling Recovers Ground
Wall Street Journal
–>WRLD FREX: Dollar Eases Back; Sterling Recovers Ground ArticleCommentsmore in. Since employment data surprised markets last Friday with a stronger-than-expected reading the dollar has moved higher reflecting expectations that U. interest rates could start climbing this year. But as economists start to question that view on rates particularly with the risk of shocks from this weekend’s G8 meeting the dollar is settling into a slightly weaker range.
Forex Daily Analysis
Forex Hound
com Email:. com’>support@finotec. comThe Dollar may rise against the Euro as investors look for reassurance says UBSRecent comments from Japanese Indian and South Korean officials suggest that demand for Treasuries will remain strong UBS said The dollar may rise to $1. 30 per euro in the next three months as the U. economy shows signs of a recovery and concerns ease that overseas investors will reduce holdings of Treasuries according to UBS AG. Recent comments from Japanese Indian and South Korean officials suggest that demand for Treasuries will remain strong UBS said in a report yesterday.
Forex Market Update: Euro Under Pressure as IMF Calls For Further …
Daily FX
09 Written by DailyFX Research Despite the retreat in the dollar on Monday in NY the dollar again re-asserted itself in Asian trading on Tuesday led by fresh EUR losses in a delayed reaction to comments Monday from the IMF that the eurozone recovery is uncertain that the ECB should ease further and that Europe should launch a cleanup of its banking system. News that bama administration was going to call for tougher European bank stress tests also added to the pressure on the EUR.
Gbp/Usd Wave II) at 1.6330
Forexrazor
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China Encourages Use of Forex Reserves for verseas Investment to …
ChinaStakes.com
Before releasing the new policy SAFE conducted pressure tests on the possible influence and fund outflow due to the policy. The result showed the upper limit the overseas fund remittance to be about $30 billion. As this is a tiny drop in the ocean that is China’s total forex reserve its effect on China’s balance of international payment and the overall risk will be negligible. Special accounts will be set up for the capital outflow and inflow under this policy and these funds can only be transferred to other accounts with banks’ approval. Tags? overseas investment forex reserves.
Related from Investingmonster: China Plans Environmental Rules for Companies Investing verseas
GAIN Capital’s FREX.com Named Best Retail FX Platform by Profit …
PR Newswire (press release)
com as “Best Retail FX Platform” at the 2009 Digital Markets Awards Ceremony. Profit & Loss’ Digital Markets Awards recognize the efforts of the foreign exchange (forex) services industry in providing the tools and functionality that make trading forex more efficient. Winners are selected by professionals in the industry. “Being voted as the best by customers and peers is a great honor and validates our belief that GAIN offers a market leading FX platform” said Glenn Stevens CE GAIN Capital. “Winning the 2009 Profit & Loss Reader’s Choice Award for the second consecutive year is testament to GAIN’s clear leadership in the retail forex market. ” In addition GAIN Capital’s Chairman and Founder Mark Galant was inducted into the Profit & Loss Hall of Fame for his significant contributions to the growth and success of the forex industry.