The News Review:
- 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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