Posted on May 13th, 2012 by admin
New York Post Jamie Dimon's SNAFU: JPMorgan's Other Derivatives' LossesHuffington Post (blog)In an August 2010 commentary about JPMorgan's losses in coal trades I wrote: "The commodities division isn't the only area in which JPMorgan is vulnerable. Credit derivatives, interest rate derivatives, and currency trading are vulnerable to leveraged …The Weekly Gold Digger!Inside FuturesJPMorgan's B trading [...]
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Posted on May 12th, 2012 by admin
Nanaimo Daily News Canada Dollar Beats Most Peers Amid Job Gains, Rate BetsBusinessWeekThe currency has traded within a three-cent range versus the greenback since the end of January, sliding to C.0063 on May 9 and strengthening to 98 cents on April 27. It will trade at 98 cents at year-end, according to the median forecast [...]
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Posted on May 12th, 2012 by admin
JPMorgan, BofA Among Banks Forming Currency Trading GroupBloombergBloomberg LP, the parent company of Bloomberg News, offers electronic currency trading. To contact the reporter on this story: Catarina Saraiva in New York at asaraiva5@bloomberg.net To contact the editor responsible for this story: Dave Liedtka at …and more » {fcurrency trading} – Forex News
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Posted on May 11th, 2012 by admin
Business Today India's Rupee Halts Five-Week Decline on Central Bank MeasuresBusinessWeekThe rupee's one-month implied volatility, a measure of exchange-rate swings used to price options, fell four basis points, or 0.04 percentage point, to 11.66 percent. Six-month onshore currency forwards were trading at 55.08 a dollar, compared with …India sets forex rules to curb decline in [...]
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Posted on May 11th, 2012 by admin
Business Today India's Rupee Halts Five-Week Decline on Central Bank MeasuresBusinessWeekThe rupee's one-month implied volatility, a measure of exchange-rate swings used to price options, fell four basis points, or 0.04 percentage point, to 11.66 percent. Six-month onshore currency forwards were trading at 55.08 a dollar, compared with …India sets forex rules to curb decline in [...]
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Posted on May 10th, 2012 by admin
Business Today India Attempts To Curb Rupee's TumbleWall Street JournalThe move marks a stepped-up effort to put a floor under the rupee after a series of interventions by the Reserve Bank of India in the foreign exchange market in recent days failed to stem the currency's losses. The announcement boosted the beleaguered …Rupee Rallies as [...]
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Posted on May 10th, 2012 by admin
Asia Currency Options Least Bearish in Year on Yuan RiskBloombergTraders pay 350 basis points extra for the right to sell Brazil's real, the biggest premium among developing nations. The more positive outlook for emerging Asia, whose 10 biggest economies hold half of the world's trillion in currency reserves, …and more » {fcurrency trading} – Forex News
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Posted on May 9th, 2012 by admin
How to Trade the News When Trading ForexMarketWatch (press release)Budget spending or cuts by governments and the interest rate decisions by central banks are one of the major factors that can influence currency movements. Countries with high interest rates usually have relatively strong currencies because traders and …and more » {fcurrency trading} – Forex News
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Posted on May 8th, 2012 by admin
CLS Bank's Currency Trade Settlements Fell 12% In AprilWall Street JournalLONDON (Dow Jones)–Foreign exchange trades settled by CLS Bank plunged in April, both in value and number, the world's biggest currency settlement network said Tuesday, replicating the recent weak performance of some leading electronic trading …and more » {fcurrency trading} – Forex News
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Posted on May 8th, 2012 by admin
Wall Street Journal Unusual Pairings Emerge in Currency MarketWall Street JournalBy PRABHA NATARAJAN And ERIN MCCARTHY A small but increasing number of investors are trading emerging-market currencies against each other, rather than against the dollar, say analysts and traders. Unusual "crosses," such as the South African rand …and more » {fcurrency trading} – Forex News Incoming [...]
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