Global forex market resillient
February 16, 2009
SYDNEY, Feb 16 (Reuters) - Turnover in global foreign exchange remains resilient with the market staying liquid in all but the most intense days of the financial crisis, an official at the Reserve Bank of Australia (RBA) said on Monday. Chris Ryan, head of the central bank’s international department, estimated that total turnover in the forex market had dipped by 5 percent in the six months to …
Forex Sentiment: Further Euro/US Dollar Losses Likely (Daily FX via Yahoo! Finance)
February 13, 2009
EURUSD - Euro Forecast Remains Bearish on Extreme Positioning USDJPY - Forex Traders Remain Heavily Long the USD/JPY - Losses Likely GBPUSD - British Pound Forecast Turns Bearish Following Sentiment Shift USDCHF - Forex Sentiment Flips on the USD/CHF USDCAD - Canadian Dollar Forecast Unclear Against US Dollar
Short-Term Forex Technical Outlook: NZD/JPY (Daily FX via Yahoo! Finance)
February 13, 2009
The New Zealand dollar bounced back this week to reach a high of 49.9150 against the Japanese yen after falling to an eight-year low in the previous week, but as risk trends continue to dictate price action in the foreign exchange market, the commodity bloc is likely to remain on the defensive against the low-yielding currency.
Forex exchange trading boost banks’ profits (The Star)
February 13, 2009
PETALING JAYA: Foreign exchange (forex) trading and operations have surfaced as a more substantial source of earnings for banks following volatile currency movements.
The Market Is Prepared, But Will The BoE And ECB Still Force Breakouts? (Forex Video) (Daily FX)
February 4, 2009
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