Archive for July, 2007
Sunday, July 29th, 2007
Why has the Dollar Strengthened as the Stock Market Falls?
Reports of more subprime related losses have sent the markets tumbling once again. The stock market is down another 100 points, putting this week’s losses in the Dow close to 500 points. Carry trades and other high yielding currencies ...
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Sunday, July 29th, 2007
SYDNEY (Thomson Financial) - The US dollar was lower against the yen and euro early in Asian trading hours Monday as currency markets remained focussed on developments in equity markets around the world.
Trading this week is expected to reflect whether the slide in share prices on Wall Street gathers momentum, ...
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Sunday, July 29th, 2007
Friday, July 27, 2007 6:22:35 PM - The Japanese yen saw strength against the other majors on Friday in New York. The currency continued to rise against the euro and sterling and remained near a three-month high against the dollar. Trading took place as investors mulled data showing that Japanese ...
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Thursday, July 26th, 2007
LONDON (Thomson Financial) - The dollar hit a two and a half month low against the yen on expectations of a disappointing opening on Wall Street amid ongoing concerns about the health of the US economy.
The Dow Jones index of leading shares is expected to open some 120 points lower. ...
Posted in Forex News | 1 Comment »
Thursday, July 26th, 2007
Let's take a look at the three most popular types of forex charts:
Line chart
Bar chart
Candlestick chart
Line Charts
A simple line chart draws a line from one closing price to the next closing price. When strung together with a line, we can see the general price movement of a currency pair ...
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Tuesday, July 24th, 2007
The dollar edged higher against the euro on Monday, recovering from a record low as dealers awaited economic data later in the week to see if U.S. credit market turmoil has spread to other sectors. Short-term investors closed their bets against the Dollar after the euro failed to sustain gains ...
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Tuesday, July 17th, 2007
While horror stories about high-yield bonds may be in the headlines these days, you should not get rid of these funds quite yet. The worries about hedge fund meltdowns and too many of them in existence as well as the history of tight spreads is not going to take down ...
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Monday, July 16th, 2007
TOKYO, July 17 (Reuters) - The dollar hung near a record low against the euro on Tuesday and hovered near its weakest level in more than 20 years versus sterling and the New Zealand dollar as concerns about problems in the U.S. subprime market kept the U.S. currency under selling ...
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Monday, July 16th, 2007
4. Stick to the strategy - When you make money on a well thought-out strategic trade, don't go and lose half of it next time on a fancy; stick to your strategy and invest profits on the next trade that matches your long-term goals.
5. Trade ...
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Friday, July 13th, 2007
12 July 2007
Almost an hour into today's special dollar trading session for tomorrow deals, the high and low on deals stood at 25.53 RUR/USD and 25.52 RUR/USD. Therefore, the spread on dollar deals has been narrow at RUR0.01. Meanwhile, commercial bank activity has been slack. As of 10:30 a.m., the ...
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