The News Review:
- FREX-Yen slips as Japan machinery orders log record drop
- Market verview by Forex Yard
- Your forex trading strategy is not complete without analysis
- FREX-Yen inches up stock plunge spurs risk aversion
- Forex Market Update: EUR/USD Consolidates Ahead of ECB Rate Decision
- FREX-Euro down on Greece downgrade risk appetite fades
- LEAD: Police raid investment management firm Allied over forex …
FREX-Yen slips as Japan machinery orders log record drop
Reuters
T] Japanese core private-sector machinery orders a key gauge ofcorporate capital spending fell a record 16. 2 percent inNovember from the previous month government data showed onThursday. [ID:nT238921] “The yen was forced down slightly on the poor machineryorders but the yen’s downside is likely to be limited as themarket focus is on stocks” said Masafumi Yamamoto head of forexstrategy Japan at Royal Bank of Scotland. “The trend points towards the yen firming while stocksdecline” Yamamoto said.
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Market verview by Forex Yard
Forex Hound NY
The Wild Card* ilIt appears a bullish cross has clearly formed on both the hourly chart’s and daily chart’s Slow Stochastic indicating an imminent upward correction to this commodity’s price in the near future. The weekly chart’s Momentum oscillator also indicates that the pair has lost some of its downward momentum. It may be possible for forex traders to benefit from the imminent upward correction by going long with tight stops today. 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.
Your forex trading strategy is not complete without analysis
Ecommerce Journal MA
However there are some steps you can apply to develop your investment in forex trading that will give you profit and avoid you from losing your capital. The first step is to learn how to use technical analysis. Technical analysis or statistical analysis can?t be separated from the forex market. Technical analysis for the forex trading will help the traders to monitor the price changes and also it has other useful indicators and one good example of technical analysis is trend following which is a type of analysis that can assist the investor to make a profitable forex trading decisions.
FREX-Yen inches up stock plunge spurs risk aversion
Reuters
2 percent in November from theprevious month. [ID:nT164777] The yen crawled back however as Tokyo’s Nikkei averageplunged 4 percent after a steep fall on Wall Street the previousday [. T] “The yen was forced down slightly on the poor machineryorders but its downside is likely to be limited as the marketfocus is on stocks” said Masafumi Yamamoto head of forexstrategy Japan at Royal Bank of Scotland. “The trend points towards the yen firming while stocksdecline” Yamamoto said. The dollar slipped 0. 1 percent from late U.
Forex Market Update: EUR/USD Consolidates Ahead of ECB Rate Decision
Daily FX NY
00% Written by DailyFX Research The dollar remained firm in Asia but consolidated with no new direction emerging ahead of the ECB decision later in the day. 3220 in Asia after bouncing off a low of 1.
FREX-Euro down on Greece downgrade risk appetite fades
Reuters
retail sales plunge dampening risk appetite * ECB meets on Thursday expected to cut rates by 50 bps * Russia weakens ruble to six-year low vs dollar (Recasts updates prices adds comment changes byline) By Steven C. Johnson NEW YRK Jan 14 (Reuters) - The euro fell against thedollar and yen on Wednesday after a downgrade to Greece’s debtrating heightened fears about the euro-zone economy and a sharpslide in U. retail sales suggested a deepening global slump. 7 percent plunge in sales at U.
LEAD: Police raid investment management firm Allied over forex …
TMCnet
ZZZ END -> [January 14 2009] LEAD: Police raid investment management firm Allied over forex margin trading+ (Japan Economic Newswire Via Acquire Media NewsEdge) SAKA Jan. 15_(Kyodo) _ (EDS: UPDATING)Police searched places related to Allied LLC an saka-based asset management firm Thursday on suspicion of violating the financial instrument transaction law in connection with foreign exchange margin trading. The action by the saka and Kochi prefectural police comes in response to a large number of complaints to police and consumer centers by investors who incurred losses in foreign exchange margin trading brokered by the company according to sources familiar with the matter.