Forex also referred to as the Foreign Exchange Market is basically a place where foreign currencies are being traded. Forex trading is popular with most of the investors because it offers a 24 hour trading facility and is a worldwide money market. As the credit crunch has been threatening the financial well being of most [...]
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Factbox: Nominal or "real" yuan forex rate to buy locomotive? – Reuters
February 4th, 2011 
forex (Reuters) – One of the new arguments the Treasury is using to justify its decision against branding China a currency manipulator is the rapidly rising “real bilateral exchange rate.” The nominal exchange rate is about 6.6 yuan to the dollar, close to i…
Forex – GBP/USD down at the end of U.S. session – The Business Insider
February 4th, 2011 forex Forex Pros – The British Pound was lower against the U.S. Dollar on Friday after the release of U.S. data on Nonfarm Payrolls. GBP/USD was trading at 1.6109, down 0.17% at time of writing. The pair was likely to find support at 1.5822, Monday’s low, …
Treasury: can’t say China a forex manipulator – Reuters
February 4th, 2011 forex WASHINGTON (Reuters) – China’s yuan currency remains “substantially undervalued” and should be permitted to appreciate more rapidly but there isn’t enough evidence to conclude that Beijing deliberately manipulates its value, the Treasury department sai…
WORLD FOREX: Dollar Jumps After Muddy US Jobs Data – Wall Street Journal
February 4th, 2011 forex NEW YORK (Dow Jones)–The dollar advanced broadly Friday, as initial disappointment with a seemingly weak U.S. employment report gave way to guarded optimism that sluggish labor markets could be poised to rebound. The Labor Department reported that the…
Emerging Markets Spend Big on Forex Intervention Amid Dubious Success – Wall Street Journal
February 4th, 2011 forex Emerging-market countries have been undertaking costly interventions to hold down the value of their currencies, but how effective these efforts have been in containing investment inflows is debatable. Countries from Brazil to South Korea have raised t…
Forex – NZD/USD down during the U.S. session
February 4th, 2011 forex Forex Pros – The New Zealand Dollar was lower against the U.S. Dollar on Friday after the release…
FX-PQ Forex Quebec: Best Forex Broker Middle East | World Finance …
February 4th, 2011 forex FX-PQ Forex Quebec or every person having a link with FX-PQ Forex Quebec will accept no responsibility for any losses related to the speculation or any damage related to the confidence on the information contained on this site, …
Forex – GBP/JPY down during the European session
February 4th, 2011 forex Forex Pros – The British Pound was lower against the Japanese Yen on Friday. GBP/JPY was trading…
Forex – USD/JPY up on economic data
February 4th, 2011 forex Forex Pros – The U.S. Dollar was higher against the Japanese Yen on Friday after the release of U…
