The News Review:
- 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].
Related from Liabilitymanagementsystems: Regulators weigh in on Sterling Banks’ operations
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.