Archive for the ‘Forex News’ Category
Wednesday, November 26th, 2008
Warren Buffett has already told the world what he's doing in this frightful market. The Oracle of Omaha proudly proclaimed that he's "been buying American stocks" with his personal funds.
But it should also be noted that Buffett has been putting his investors' money on the line as well. After sitting ...
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Thursday, November 13th, 2008
With the current world turmoil on equity, commodity, forex (foreign exchange) and structured instruments where most of the products that introduced to investors fail, Islamic Finance looks promising where these products are based on Islamic study and practices in most of the Muslim world.
There are many opportunities for Islamic ...
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Monday, November 10th, 2008
WASHINGTON – President-elect Obama plans to use his executive powers to make an immediate impact when he takes office, perhaps reversing Bush administration policies on stem cell research and domestic drilling for oil and natural gas.
John Podesta, Obama's transition chief, said Sunday Obama is reviewing President Bush's executive orders on ...
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Tuesday, November 4th, 2008
November 4, 2008 - 2:38PM
UPDATE The Reserve Bank of Australia has cut its key interest rate more than expected as it attempts to prevent Australia's economy stalling.
The central bank lopped three-quarters of a percentage point - or 75 basis points - off its cash rate, reducing it to 5.25%, ...
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Monday, November 3rd, 2008
The Reserve Bank of Australia rate decision will set the stage this week as Governor Glenn Stevens is anticipated to lower the benchmark interest rate by 50bp to 5.50% ahead of the ECB and BoE policy meeting on Thursday. The central bank is expected to ease policy for the third ...
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Tuesday, June 24th, 2008
Oil futures were trading higher early Tuesday at the New York Mercantile Exchange, assisted by U.S. dollar weakness and concerns that a Nigerian labor dispute could hinder global crude supplies.
However, West Texas crude for August delivery recently retraced the bulk of its gains and was ahead by 17 cents at ...
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Tuesday, June 24th, 2008
US consumer confidence, as measured by the Conference Board, fell to a fresh 16-year low of 50.4 in June from 58.1. The news was much worse than expected, as the index was forecasted to slump to 56.0. A breakdown of the report shows sentiment on the present situation, future, and ...
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Thursday, June 12th, 2008
Rising oil prices mixed with fading growth prospects pressed on the US dollar, and led the currency to weaken against all of its major counterparts. In the fray, the commodity currencies picked up minor gains against the greenback though oil prices rose above $136/bbl. The low ...
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Tuesday, June 10th, 2008
Forex options are a great way to invest in the forex. This introduction will give you the basic information you need to start understanding forex options and how they can be a great tool for risk control and speculation.
About trading forex options
Forex options are available from certain forex ...
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Thursday, June 5th, 2008
As anti-dollar sentiment reached its peak mid-March, the Swiss Franc overcame parity with the US dollar to reach a historic low at 0.9644. The franc derived additional strength from its status as a safe-haven currency, gaining additional momentum as the dollar sell-off intermingled with intense bouts of ...
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