- WRLD FREX: Euro Tests Recent Highs Vs Dlr In Thin Market
- Chile Central Bank Gov:Flexible Forex Rate Means More Volatility
- Daily Forex Technicals

WRLD FREX: Euro Tests Recent Highs Vs Dlr In Thin Market
Wall Street Journal
–>WRLD FREX: Euro Tests Recent Highs Vs Dlr In Thin Market ArticleComments NEW YRK (Dow Jones)–The euro is bouncing back against the dollar Monday morning after an overnight sell-off as traders test recent highs in thin market conditions. The common currency rose as high as $1. 4367 recently still shy of last week’s highest levels but up more than a full U. cent from the euro’s intraday low $1.
Related from Auctionsmonster: WRLD FREX: Dollar Shaken In Knee-Jerk Response To Tsy Auction

Chile Central Bank Gov:Flexible Forex Rate Means More Volatility
Wall Street Journal
–>Chile Central Bank Gov:Flexible Forex Rate Means More Volatility ArticleComments BUENS AIRES (Dow Jones)–Floating exchange rate policies often lead to more exchange rate volatility which can be reduced with credible central bank policies but which sometimes require intervention Chile’s top monetary official said Monday. “The great problem which exists with a flexible exchange rate is that there is much more exchange rate volatility” Chile’s Central Bank Governor Jose De Gregorio told a conference at the Argentine central bank. Chile’s experience however shows that since a.

Daily Forex Technicals
Forex Hound
As forex specialist ACM provides only currency and precious metals trading via highly professional forex trading software. This information is not intended as personalized investment advice and does not constitute a recommendation. It is not an offer or solicitation of any offer to purchase or sell any financial instrument. The analysis is based on the information which ACM finds reliable and accurate but ACM does not assume any responsibility for any material nor for the transactions made on the basis of the information or the estimates of the analysis.

- FREX VIEW: Canadian Dollar Could Be Headed For Brief Retreat
- Trade Desk Thoughts: Low Momentum Forex Volatility
- WRLD FREX: Dollar Yen Slip But Strong Data Unconvincing
- Forex as an investment of the future
- FREX-Euro hits 2 1/2-mth high vs sterling after Ifo
- LFB Forex Signal Service Expanded

FREX VIEW: Canadian Dollar Could Be Headed For Brief Retreat
Wall Street Journal
–>FREX VIEW: Canadian Dollar Could Be Headed For Brief Retreat ArticleComments TRNT (Dow Jones)–Wobbly commodities doubts about the global recovery and a possible rebound by the U. dollar are threatening to curtail the Canadian dollar’s strength. The currency rallied hard in the middle of the month but has retreated in volatile trading this week as some key supports notably crude oil futures have come under pressure. n Thursday morning the U.

Trade Desk Thoughts: Low Momentum Forex Volatility
ForexTV.com
com The Forex Trader PortalTrade Desk Thoughts: Low Momentum Forex VolatilityThe two European releases is note are out of the way and have lead to Gbp finding buyers off better than expected GDP and Eur traders looking for a reason to get involved it would seem. The pattern of thin trade and very light volume is still in play and as such the Chicago futures market reversal between 06:00 – 07:00 EDT will be interesting to monitor. Global markets are trying to hold in the green and that is holding the Usd at low levels. With major pairs all at overbought conditions against the Usd we may more easily see some dollar buying that some would think. The Usd drivers are showing a strong equity trend and momentum but weaker commodity plays.
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WRLD FREX: Dollar Yen Slip But Strong Data Unconvincing
Wall Street Journal
–>WRLD FREX: Dollar Yen Slip But Strong Data Unconvincing ArticleComments By Nicholas Hastings f DW JNES NEWSWIRES LNDN (Dow Jones)–ptimism about the global recovery helped to push the dollar and the yen lower as the euro rallied in Europe Wednesday. However market moves were limited with some analysts saying that investors are remaining on the sidelines until after the latest U. employment report is released the Friday after next. “Investors may wait for the new U.

Forex as an investment of the future
Inside Futures
History of ForexHow many people know why Forex exists at all? They know about the "Nixon Shock". According to the Wikipedia entry:By the early 1970s as the costs of the.

FREX-Euro hits 2 1/2-mth high vs sterling after Ifo
Reuters
The Munich-based Ifo think tank’s business climate indexrose to 90. 5 from an upwardly revised 87. 4 in July beating an88. 9 median forecast in a Reuters poll [ID:nLQ735962].

LFB Forex Signal Service Expanded
PR.com (press release)
com) is pleased to announce an additional service offering. TheLFB has expanded its signal service and has now made available its trade signals via email for its members. "We are excited to add this new feature for our members. TheLFB recognizes everyone is extremely busy and we want to be able to provide a conveniently structured offering that compliments the signal service" said Tiffany Schwein Global perations Director. "Members who have participating mobile carriers can also set it up to receive signals directly to their PDA so they can trade on the go.

- FREX-Dollar gains as risk trade takes a breather
- FREX-Euro hits 2 1/2-mth high vs sterling after Ifo
- GAIN Capital’s FREX.com Expands Product ffering with Addition of …
- Daily Forex Analysis – August 27 2009
- Daily Forex utlook – China Curbing ver Investment

FREX-Dollar gains as risk trade takes a breather
Reuters
new home sales durable goods orders rose in July * China plans to curb investment hit global growth hopes * German Ifo sentiment poll hits highest in nearly 1 year (Updates prices) By Steven C. Johnson NEW YRK Aug 26 (Reuters) – The dollar rose on Wednesdayas news China would restrict redundant investment underscoredconcern about a global recovery and tempered the positiveimpact of data showing a jump in new U. Reports China intends to curb excessive investment in arange of industries “hurts the strong global growth outlook andis one of the things moving the dollar today” said ChuckButler president of Everbank World Markets in St.

FREX-Euro hits 2 1/2-mth high vs sterling after Ifo
Reuters
The Munich-based Ifo think tank’s business climate indexrose to 90. 5 from an upwardly revised 87. 4 in July beating an88. 9 median forecast in a Reuters poll [ID:nLQ735962].
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GAIN Capital’s FREX.com Expands Product ffering with Addition of …
PR Newswire (press release)
com UK division has added Brent crude oil to its award-winning FREXTrader platform enabling clients to trade oil alongside global currencies and spot metals. “Economic fundamentals have become a significant driver of oil prices. This factor and the inverse relationship between oil and the U.

Daily Forex Analysis – August 27 2009
International Business Times
EURUSD has formed a short term cycle top at 1. 4375 on 4-hour chart. Deeper decline to test 1. 4200 support is possible later today a break down below this level will suggest that the uptrend from 1. 4045 has completed at 1.

Daily Forex utlook – China Curbing ver Investment
Easy-Forex
Dollar Trading (USD) strong US data failed to inspire fresh stock gains. News of China curbing investment sent commodities and risk currencies lower. New Homes sales rose 9% as expected and Durable Goods rose 4.

- WRLD FREX: Dollar Hits August High Vs Euro Low Vs Yen
- FREX-Euro hits two-week low on risk aversion stocks drop
- Daily Forex Analysis

WRLD FREX: Dollar Hits August High Vs Euro Low Vs Yen
Wall Street Journal
–>WRLD FREX: Dollar Hits August High Vs Euro Low Vs Yen ArticleCommentsmore in. The appetite for risk retreated after disappointing U. data releases last week and another U.

FREX-Euro hits two-week low on risk aversion stocks drop
Reuters
recovery prompted investors to cut exposure to risk. The yen rallied across the board as investors bought it asa safe haven while a slide in oil prices hit currencies suchas the Australian dollar which retreated from recent 10-monthhighs against the greenback. A multimonth equity rally started to sputter late last weekafter data showed U.
Related from Investingmonster: Harry Domash nline Investing: Measure the risk even in a strong …

Daily Forex Analysis
Forex Hound
As forex specialist ACM provides only currency and precious metals trading via highly professional forex trading software. This information is not intended as personalized investment advice and does not constitute a recommendation. It is not an offer or solicitation of any offer to purchase or sell any financial instrument. The analysis is based on the information which ACM finds reliable and accurate but ACM does not assume any responsibility for any material nor for the transactions made on the basis of the information or the estimates of the analysis.

- WRLD FREX: Dollar Hurt Vs Yen By Disappointing Data
- WRLD FREX: Euro Extends Decline Drops Below $1.4200
- WRLD FREX: Yen Dollar Both Gain n Renewed Risk Aversion
- WRLD FREX: Chinese Share Fall Helps Dlr Yen Higher
- FREX-Euro rises as France Germany exit recession
- Brazil not setting forex target for soaring currency: official
- WRLD FREX: Risk Aversion Helps Dollar Yen Higher

WRLD FREX: Dollar Hurt Vs Yen By Disappointing Data
Wall Street Journal
–>WRLD FREX: Dollar Hurt Vs Yen By Disappointing Data ArticleCommentsmore in. Investors are paring back bets on a U.

WRLD FREX: Euro Extends Decline Drops Below $1.4200
Wall Street Journal
4200 ArticleCommentsmore in. 4200″ published at 2;00 p.

WRLD FREX: Yen Dollar Both Gain n Renewed Risk Aversion
Wall Street Journal
–>WRLD FREX: Yen Dollar Both Gain n Renewed Risk Aversion ArticleCommentsmore in. Sustained selling in stocks and commodities pushed the euro and other risk-sensitive currencies substantially lower Friday’s afternoon after choppier and somewhat less directional dealings earlier. The losses in stocks and commodities and underlying risk aversion in markets added to the selling pressures stemming from disappointing U. economic data earlier in the session.
Related from Yolog: FREX-US dollar yen rise as risk aversion hurt stock markets

WRLD FREX: Chinese Share Fall Helps Dlr Yen Higher
Wall Street Journal
–>WRLD FREX: Chinese Share Fall Helps Dlr Yen Higher ArticleCommentsmore in. Although European stocks have opened higher the performance of Chinese equities is still seen the dominant influence on sentiment. “Chinese equities may now be leading and thus we are wary of risk appetite waning and coming to the rescue of the dollar before long” said the currency research team at the Royal Bank of Scotland. This was quite a turnaround from Thursday when strong gross domestic product data from euro-zone countries.

FREX-Euro rises as France Germany exit recession
Reuters
retail sales and jobless claims data disappoint * Euro zone economy shrinks just 0. 1 pct in 2nd quarter (Updates prices) By Steven C. Johnson NEW YRK Aug 13 (Reuters) – The euro.

Brazil not setting forex target for soaring currency: official
AFP
“The central bank doesn’t have forex targets. what we have is a policy of (foreign currency) reserve accumulation to improve the country’s resistance to the crisis” the head of the institution Henrique Meirelles told reporters in Sao Paulo. The real has gained 26 percent against the dollar so far this year recovering almost all the ground lost when the global financial crisis hit in September last year… what we have is a policy of (foreign currency) reserve accumulation to improve the country’s resistance to the crisis” the head of the institution Henrique Meirelles told reporters in Sao Paulo. The real has gained 26 percent against the dollar so far this year recovering almost all the ground lost when the global financial crisis hit in September last year. Although the dollar initially strengthened during the crisis because of its safe-haven status it has since weakened considerably as investors looked to higher-risk emerging markets such as Brazil which promise better returns. n Friday the real was trading at 1.

WRLD FREX: Risk Aversion Helps Dollar Yen Higher
Wall Street Journal
–>WRLD FREX: Risk Aversion Helps Dollar Yen Higher ArticleCommentsmore in. economy is pushing the dollar and the yen higher in Europe Wednesday. The rise in risk aversion which is driving global equities lower is also helping to undermine the euro and the pound.

- WRLD FREX:Dollar Down Vs EuroDespite Brief FMC Bounce
- WRLD FREX: Risk Aversion Helps Dollar Yen Higher
- WRLD FREX: Dlr Euro Dn Vs Yen n Weak Chinese Stocks

WRLD FREX:Dollar Down Vs EuroDespite Brief FMC Bounce
Wall Street Journal
–>WRLD FREX:Dollar Down Vs EuroDespite Brief FMC Bounce ArticleCommentsmore in. Stronger stocks encourage risk appetite and usually lead to dollar sales against the Canadian New Zealand and Australian dollars as well as the euro. But currencies were contained within narrow trading ranges Wednesday ahead of the FMC policy statement and returned to those same levels soon after. The Fed offered some positive news for the dollar but little surprises:.

WRLD FREX: Risk Aversion Helps Dollar Yen Higher
Wall Street Journal
–>WRLD FREX: Risk Aversion Helps Dollar Yen Higher ArticleCommentsmore in. economy is pushing the dollar and the yen higher in Europe Wednesday. The rise in risk aversion which is driving global equities lower is also helping to undermine the euro and the pound.
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WRLD FREX: Dlr Euro Dn Vs Yen n Weak Chinese Stocks
Wall Street Journal
–>WRLD FREX: Dlr Euro Dn Vs Yen n Weak Chinese Stocks ArticleCommentsmore in. The two currencies may fall further if European and U. stock prices fall later in the global day but their fall is likely to be limited ahead of a two-day Federal pen Market Committee meeting. The Shanghai Composite Index the main Chinese benchmark on shares fell 0.

- FREX-Dollar steady vs euro ahead of US jobs data
- WRLD FREX: Dollar Remains Higher As Risk Appetites Sag
- WRLD FREX: Dollar Falls To New 2009 Low Versus Euro
- Daily Forex Technicals
- South Africa: Central Bank Whips on Forex Bureaus

FREX-Dollar steady vs euro ahead of US jobs data
Reuters
DXY dollar flat vs euro * Higher risk FX fall as investors trim long positions * All eyes on U. payrolls at 1230 GMT * Canadian dollar falls after Canadian jobs data (Adds quotes updates prices; changes byline) By Jessica Mortimer LNDN Aug 7 (Reuters) – The dollar was steady against theeuro and a basket of currencies on Friday as market playersawaited key U. employment data for a gauge of the extent towhich the world’s largest economy is recovering. The data is due at 1230 GMT with a Reuters surveyforecasting it will show 320000 workers lost their jobs inJuly the least for any month since September when employers cut321000 jobs.

WRLD FREX: Dollar Remains Higher As Risk Appetites Sag
Wall Street Journal
–>WRLD FREX: Dollar Remains Higher As Risk Appetites Sag ArticleCommentsmore in. pound with risk appetites sagging following statements earlier in the day from the European Central Bank and the Bank of England and ahead of Friday’s U. non-farm employment report for July.

WRLD FREX: Dollar Falls To New 2009 Low Versus Euro
Wall Street Journal
dollar fell to a new low for 2009 against the euro as stock markets trimmed their losses in afternoon trading Wednesday. The dollar’s losses against the common currency were relatively modest Wednesday as foreign exchange markets consolidated ahead of some key events later in the week but they were enough to push the euro slightly higher than the 2009 low recorded after a major rally Monday. The euro reached $1. 4448 in afternoon trading its highest.

Daily Forex Technicals
Forex Hound
25 last month the BoE is expected to leave the number unchanged should the loonie rapidly rise in value and threaten to prolong the economy?s contraction. Following yesterday?s comments by Flaherty and unchanged WTI crude the loonie was trading 76pips lower. 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.

South Africa: Central Bank Whips on Forex Bureaus
AllAfrica.com
RBM secretary who is also the bank’s legal counsellor Samuel Malitoni said the bureaus that have been closed have not met the criteria for a licence and it is highly unlikely that they will be allowed. GA_googleFillSlot( “AllAfrica_Story_InsetA” );”This is a follow up on forex bureau regulations of 2007 which some of the bureaus challenged and lost and we will conduct this across the country” he said. President of Forex Bureau Association of Malawi Nazir Nathvani has however pledged that the bureaus will endeavour to respect RBM exchange controls. This is the second move the central bank has taken to control foreign exchange; recently it ordered all bureaus to have seed capital of US$100000 or risk closure. GA_googleFillSlot( “AllAfrica_Story_BannerSubbody” );Be the first to.
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- FREX-Dollar rises amid risk aversion before US jobs report
- FREX-Risk aversion lifts dollar pound falls after BoE
- WRLD FREX:Euro Dn n China Shr Drop;Yet Trend Still Upward
- WRLD FREX: Dollar Falls To New 2009 Low Versus Euro
- WRLD FREX:Yen Up Slightly As Weak Stks Boost Risk Aversion
- FREX-Dollar near 9-month low vs sterling Aussie jumps
- WRLD FREX: Euro Hits 2009 High Despite Cautious Tone

FREX-Dollar rises amid risk aversion before US jobs report
Reuters
weekly jobless claims fall more than expected (Adds comments details. Updates prices) By Vivianne Rodrigues NEW YRK Aug 6 (Reuters) – The dollar rose versus the euroon Thursday on a renewed bout of risk aversion ahead of a keygovernment report on the U. labor markets due on Friday. Data showing a sharp drop in U.

FREX-Risk aversion lifts dollar pound falls after BoE
Reuters
weekly jobless claims than expected * Risk-taking fades as markets await nonfarm payrolls (Recasts; updates prices adds comment changes byline) By Steven C. Johnson NEW YRK Aug 6 (Reuters) – Sterling plunged on Thursdayafter Britain’s central bank said it would pump more money intoa still fragile banking system while the dollar gained on theeuro ahead of a much anticipated U. The Bank of England did not change interest rates butsurprised markets by raising the size of a bond purchasingprogram designed to boost lending and support the economy. That knocked sterling off a 10-month peak above $1.

WRLD FREX:Euro Dn n China Shr Drop;Yet Trend Still Upward
Wall Street Journal
–>WRLD FREX:Euro Dn n China Shr Drop;Yet Trend Still Upward ArticleCommentsmore in. The Shanghai Composite Index China’s benchmark on share markets fell more than 3% at one point during Thursday’s session. That prompted currency players to sell the euro which tends to weaken when.

WRLD FREX: Dollar Falls To New 2009 Low Versus Euro
Wall Street Journal
dollar fell to a new low for 2009 against the euro as stock markets trimmed their losses in afternoon trading Wednesday. The dollar’s losses against the common currency were relatively modest Wednesday as foreign exchange markets consolidated ahead of some key events later in the week but they were enough to push the euro slightly higher than the 2009 low recorded after a major rally Monday. The euro reached $1. 4448 in afternoon trading its highest.
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WRLD FREX:Yen Up Slightly As Weak Stks Boost Risk Aversion
Wall Street Journal
–>WRLD FREX:Yen Up Slightly As Weak Stks Boost Risk Aversion ArticleCommentsmore in. But some traders noted that whether the yen’s rise has staying power is uncertain. With sentiment toward the world economy improving the currency could fall back if key economic data due later in the global day paint a rosy picture for the U.

FREX-Dollar near 9-month low vs sterling Aussie jumps
Reuters
[ID:nSYD536208] In contrast the New Zealand dollar fell after data showedthe country’s jobless rate climbed more than expected to 6. 0percent for the second quarter a nine-year high backing viewsits central bank will keep interest rates at a record low wellinto 2010. [ID:nWEL524980] “The market cannot find a factor which could break theuptrend in the Aussie” said Hideki Amikura deputy generalmanager of the forex section at Nomura Trust Bank. “But that said tomorrow’s U. jobs report is expected toshow weak numbers which may be the potential catalyst to dampeneconomic recovery hopes and reverse recent gains in assetsincluding stocks and yen crosses” Amikura added. The Australian dollar jumped as high as $0.

WRLD FREX: Euro Hits 2009 High Despite Cautious Tone
Wall Street Journal
–>WRLD FREX: Euro Hits 2009 High Despite Cautious Tone ArticleCommentsmore in. The euro’s gains were relatively modest Wednesday as foreign exchange markets continued to consolidate ahead of several key events later in the week including U. July jobs data Friday. But they were enough to push it slightly higher than the 2009 high recorded after a major rally Monday.

- WRLD FREX: Recovery Hopes Leave Dlr Mixed Yen Lower
- FREX-Dollar falls broadly; riskier currencies jump
- Daily Forex Analysis – August 3
- FREX-US dollar slides to 2009 low as risk appetite rises

WRLD FREX: Recovery Hopes Leave Dlr Mixed Yen Lower
Wall Street Journal
–>WRLD FREX: Recovery Hopes Leave Dlr Mixed Yen Lower ArticleCommentsmore in. manufacturers later in the day will lift market sentiment is helping the dollar higher in places and the yen lower in Europe Monday. The euro’s performance is also mixed as the latest retail sales data from Germany disappointed expectations. As currency trading gets under way in August for the first time there remains little clear direction in the market with risk appetite waxing and waning according to economic data.

FREX-Dollar falls broadly; riskier currencies jump
Reuters
4271 * European equities rise 1. 2 pct oil prices above $70 * Stg Kiwi Aussie at or close to multi-mth highs * Below-forecast Barclays results weigh a little on euro By Jessica Mortimer LNDN Aug 3 (Reuters) – The dollar fell broadly on Mondayas stronger equities and oil prices continued to buoy sentimentwith perceived higher risk currencies such as sterling and theAustralian dollar rising sharply. These currencies hit multi-month highs as European sharesrose 1. 2 percent FTEU3 and oil prices were above $70 perbarrel CLc1 keeping investor sentiment towards riskier assetsbuoyant. ptimism has been building in the market following abetter-than-expected U.

Daily Forex Analysis – August 3
Forexrazor
AUDUSD breaks above 0. 8337previous high resistance suggesting that the uptrend from 0. Further rally is now in favor and next target is at 0. Near term support is at 0.

FREX-US dollar slides to 2009 low as risk appetite rises
Reuters
0 percent in Q2 * Business activity in the U. Midwest improves (Updates prices adds sterling) By Gertrude Chavez-Dreyfuss NEW YRK July 31 (Reuters) – The U. dollar fell to itslowest for the year on Friday as higher oil prices steadystockmarkets and data showing an unexpectedly smallcontraction in the U. economy boosted risk appetite andcurbed safe-haven demand for the greenback.
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- FREX-US dollar slides to 2009 low as risk appetite rises
- Nigeria’s Starcomms Q2 losses treble on forex
- WRLD FREX: Dollar Yen Hit By Global ptimism; Eye US GDP
- EMERGING MARKETS-Stocks at 10 month high Latam forex up vs USD
- ANALYSIS-Israel rates could rise before forex purchases end
- Expedia 2Q Earnings Plunge 57% Amid Forex Losses; Shrs Gain

FREX-US dollar slides to 2009 low as risk appetite rises
Reuters
0 percent in Q2 * Business activity in the U. Midwest improves (Updates prices adds sterling) By Gertrude Chavez-Dreyfuss NEW YRK July 31 (Reuters) – The U. dollar fell to itslowest for the year on Friday as higher oil prices steadystockmarkets and data showing an unexpectedly smallcontraction in the U. economy boosted risk appetite andcurbed safe-haven demand for the greenback.

Nigeria’s Starcomms Q2 losses treble on forex
Reuters
01 billion loss a year earlieralthough revenue grew 7 percent to 16. “We actually not only haven’t returned to profitabilitywe’ve shown the bottom line (loss) is clearly due to forex lossfrom naira depreciation” Chief Executive Maher Qubain told CNBCAfrica TV saying data subscribers grew almost 60 percent. The company has exposure to dollar-denominated borrowingwhich it uses to finance hardware imports. Qubain said forexexposure would remain a risk but said it was one that could bemanaged. “Currently we are in the process of converting some of ourdollar denominated borrowings to naira in order to minimise theimpact of the forex losses” he said. Qubain said Starcomms’ dollar-denominated debt stood at $160million with a 3-5 year maturity.

WRLD FREX: Dollar Yen Hit By Global ptimism; Eye US GDP
Wall Street Journal
–>WRLD FREX: Dollar Yen Hit By Global ptimism; Eye US GDP ArticleCommentsmore in. Sentiment was also helped by the success of the last of this week’s Treasury auctions Thursday. However analysts said that investors are unlikely to take large positions ahead of U. second-quarter gross domestic data due later in the day.

EMERGING MARKETS-Stocks at 10 month high Latam forex up vs USD
Reuters
dollar after GDP data * Credit spreads widen as U. Treasury market rallies * Credit Suisse cuts Russian stocks to underweight By Daniel Bases NEW YRK July 31 (Reuters) – Emerging market stocks rosein quiet end-of-month trade on Friday as investors took toheart a report showing U. economic activity contracted lessthan expected in the second quarter. Latin American currencies rose against the U.

ANALYSIS-Israel rates could rise before forex purchases end
Forbes
The shekel reached 4. 25 per dollar in late April to completea 25 percent slide from its July 2008 peak. Since then theshekel has recouped 12 percent to 3. 80 and signs the forexpurchases might end would send the shekel soaring. DLLAR WULD DIVE Fischer surprised many market players when he said the Bankof Israel would end its programme of buying government bondswhile still buying foreign exchange. Since the forex programmebegan the market figured it would end first and the shekel haspartly gained on that view. A chief dealer at a large Israeli bank said that the markethas adjusted to life with the daily central bank buying and whenit stops — or as soon as an announcement it will stop comes –the dollar will dive.

Expedia 2Q Earnings Plunge 57% Amid Forex Losses; Shrs Gain
Wall Street Journal
–>Expedia 2Q Earnings Plunge 57% Amid Forex Losses; Shrs Gain ArticleCommentsmore in. (EXPE) earnings fell 57% hurt by foreign-currency losses while lower prices for airline tickets and hotel rooms helped spur demand growth. The results beat Wall Street expectations sending shares up 12. 66 in recent trading. The stock has more than doubled this year up about 37% in the past month.
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