Apprentice Forex

FED OUTLOOK Payrolls report eases pressure on policymakers to add stimulus. - St. Louis Post-Dispatch

Sat, 04 Sep 2010 04:59:00 +0000

payrolls report reduces pressure on Federal Reserve policymakers to add monetary stimulus … The 67,000 increase in private payrolls in August reported by the Labor Department lowers the odds the nation will slide …

Original Post By Google News Click Here For The Entire Article

Dollars dominate forex assets - English Eastday

Sat, 04 Sep 2010 01:39:00 +0000

The breakdown was reported yesterday by China Securities Journal, citing reserve … yesterday that developing countries are facing risks of depreciation on their foreign reserves. Hu Xiaolian, deputy governor of the …

Original Post By Google News Click Here For The Entire Article

Forex: USD/JPY posts lowest weekly close in 15 years - FXStreet.com

Fri, 03 Sep 2010 20:17:00 +0000

USD/JPY was rejected twice, once on Monday and again on Friday, from levels on top of 85.00. The Yen opened the week, on a weak note following an emergency meeting of the Bank of Japan, that announced more liquidity …

Original Post By Google News Click Here For The Entire Article

How Japan and Switzerland Could Reshape the Currency Markets - The Business Insider

Fri, 03 Sep 2010 20:02:00 +0000

Things are even worse compared to the European Union’s euro ( EUR … combined size of both countries’ reserves would overshadow the size of UK reserves when the sterling came under attack in 1992. As speculators …

Original Post By Google News Click Here For The Entire Article

Questions Linger Regarding New Forex Rules - Forbes (blog)

Fri, 03 Sep 2010 19:55:00 +0000

Many questions remain regarding trading offshore to evade leverage and other constraints posed by the new CFTC rules. Today we try to answer a few more questions along these lines. The answers are still …

Original Post By Google News Click Here For The Entire Article

Dollar Slides After Jobs Report Tops Forecast - ABC News

Fri, 03 Sep 2010 19:41:00 +0000

the euro rose to $1.2882 from $1.2812. The British pound rose to $1.5449 from $1.5389 … currency gained versus the Swiss franc and Japanese yen, two currencies that traders have favored more than the dollar …

Original Post By Google News Click Here For The Entire Article

FOREX-Dollar falls vs euro, higher-yielding currencies - Reuters

Fri, 03 Sep 2010 18:29:00 +0000

NEW YORK, Sept 3 (Reuters) - The U … the Labor Department said, well below expectations for a decline of 100,000. And private employment, considered a better gauge of labor market health, increased more than had …

Original Post By Google News Click Here For The Entire Article

Brazil seeks curbs to forex gain on Petrobras - Inside Fidelity

Fri, 03 Sep 2010 17:18:00 +0000

SAO PAULO, Sept 3 (Reuters) - Brazil’s government will “act strongly” to prevent the national currency from appreciating too much because of a flood of U.S. dollars into the country from the massive offering of state …

Original Post By Google News Click Here For The Entire Article

UPDATE 1-Brazil seeks curbs to forex gain on Petrobras - Reuters

Fri, 03 Sep 2010 17:03:00 +0000

Original Post By Google News Click Here For The Entire Article

Sterling loses ground against euro on disappointing econ data - Reuters UK

Fri, 03 Sep 2010 15:16:00 +0000

… UK and the euro zone and the froth is coming off sterling. I think the euro can push on towards 84.00 pence,” said Gavin Friend, currency strategist at nabCapital. Friend said robust euro zone PMI … 5440 GBP …

Original Post By Google News Click Here For The Entire Article