Wall Street Journal A Lull, Then Trading StormWall Street JournalBy TOM LAURICELLA and STEPHEN BERNARD Trading desks were buzzing Friday after an unusual currency trade unsettled markets moments before the release of the monthly employment report. Reflecting the degree to which global financial markets have become … {fcurrency trading} – Forex News
No Comments »
Filed under: CFD
CRIENGLISH.com Yuan Completes Weekly Advance on US-China Talks, Trade SurplusBusinessWeekUS Treasury Secretary Timothy F. Geithner reiterated that further appreciation in the currency is important to aid a reshaping of the world's second-biggest economy. Commerce Minister Chen Deming estimated the trade surplus topped billion in April.China Yuan Down Late On Central Parity; Rangebound Trade SeenWall Street [...]
No Comments »
Filed under: CFD
CBS News US presses China over currency in economy talksCBS News(AP) BEIJING – US Treasury Secretary Timothy Geithner urged Beijing to let China's tightly controlled currency rise in value amid strains over trade and industrial policy at a high-level economic dialogue Thursday. Beijing has allowed the yuan to rise …US Presses China on Value of [...]
No Comments »
Filed under: CFD
In quiet markets, FX traders hunt new opportunitiesReuters"It will have a detrimental effect on FX trading revenues in most major banks, no doubt about that." Investment banks tend to lump currency trading in with bond and commodities trading, without breaking out income for the various businesses.and more » {fcurrency trading} – Forex News
No Comments »
Filed under: CFD
BBC News NYSE Euronext net hit by currency moves, chargesMarketWatchBy Noemie Bisserbe PARIS (MarketWatch) — Exchange operator NYSE Euronext (NYSE:NYX) said Monday that tough economic conditions will keep the company under pressure near-term as it reported a 44% net profit decline in the first quarter, hit by currency …NYSE Euronext Profit Hit By Trading Slump, [...]
No Comments »
Filed under: CFD
A Basic Guide to FX Trading With City Index AustraliaMarketWatch (press release)You are unlikely to be 'stuck' in a trade. The forex market has no restrictions for directional trading. You can profit by taking a 'long' position, (buying the currency pair at one price and selling it later at a higher price), or a 'short' [...]
No Comments »
Filed under: CFD
Lawmakers urge administration to press China on adopting economic reformsThe Hill (blog)On Thursday, Geithner made another plea to China to let its currency rise, saying that while the Obama administration welcomes recent changes to China's exchange rate system "the Chinese renminbi needs to appreciate further against the dollar.US lawmaker urges investment treaty pact with ChinaReutersAfter [...]
No Comments »
Filed under: CFD
CNBC.com Your Currency Trade on Rising Gold PricesCNBC.comThat would be a few years out – but in the meantime, Rebecca Patterson, chief markets strategist for JP Morgan Asset Management, Institutional, is ready with a currency trade. First, though, currency plays on gold aren't straightforward.and more » {fcurrency trading} – Forex News Incoming search terms:cnbc dinar 2012
No Comments »
Filed under: CFD
BigPond News FX Math: Trading The Weekly Jobless Claims NumbersWall Street Journal (blog)By Stephen L. Bernard and Vincent Cignarella An unlikely trade using a currency from the other end of the world is proving to be the safest bet ahead of weekly US jobless data. The Australian dollar stands out as the one near guarantee [...]
No Comments »
Filed under: CFD
BBC News Yuan exceeds previous band for first time since wideningReutersThe currency fell to a low of 6.3124, down 0.54 percent from the fixing. The trading band was widened to 1.0 percent from 0.5 percent on April 16 but the currency waited two weeks to break through the previous limit. Spot yuan opened at 6.3055 [...]
No Comments »
Filed under: CFD
