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forex trading News Archive

29-Dec-2006

 

  • Forex - US dollar firmer in Sydney afternoon trade on strong data (The Forex Market)

    SYDNEY (XFN-ASIA) - The US dollar was trading slightly higher against major currencies supported by the release of data overnight which shows the economy is in better shape than previously thought, dealers said.


  • FOREX-Euro hits fresh high vs yen, dollar down (The Forex Market)

    NEW YORK, Dec 29 (Reuters) - The euro rose to fresh highs against the yen for a second day on Friday, supported by expectations the European Central Bank will keep raising rates, while the dollar weakened in holiday-thinned trading.


  • FOREX-Dollar retreats in holiday thinned-trading (Reuters via Yahoo! Asia News)

    NEW YORK, Dec 27 (Reuters) - The dollar weakened on Wednesday in light post-Christmas trading as a weak housing industry data added to the perception of a U.S. economic slowdown.


  • FOREX-Euro at record high vs yen, ending yr up 11pct vs dlr (Reuters via Yahoo! Asia News)

    LONDON, Dec 29 (Reuters) - The euro stayed on firm ground against the dollar and hit a record peak against the yen for a second day on Friday, the last trading day 2006, supported by expectations the European Central Bank will keep raising rates.


  • China to Set Quota for Forex (AP via Yahoo! Finance)

    China will make it easier for individuals to make foreign-exchange transactions next year, setting a yearly quota instead of limits for each transaction, the central bank said Friday.


  • FOREX-Euro rises, set to end 2006 on firm footing (Reuters via Yahoo! Asia News)

    LONDON, Dec 29 (Reuters) - The euro firmed against the dollar and the yen on Friday -- the last trading day of the year -- supported by wide spread expectations that the European Central Bank will carry on raising interest rates in 2007.


  • FOREX-Euro climbs to record high vs yen, dollar weakens (Reuters via Yahoo! Asia News)

    NEW YORK, Dec 29 (Reuters) - The euro hit record highs against the yen for a second day on Friday, supported by expectations the European Central Bank will keep raising interest rates, while the dollar weakened in holiday-thinned trading.


  • Forex - Euro well bid against the dollar in quiet trading (The Forex Market)

    LONDON (AFX) - The euro was well supported against the dollar in thin trading, with data later this week expected to keep it buoyant. The euro, which yesterday dipped to 1.310 against the dollar, was back up around 1.314.


  • (AFX UK Focus) 2006-12-27 10:33 GMT: Forex - Euro well bid against the dollar in quiet trading (Interactive Investor)

    LONDON (AFX) - The euro was well supported against the dollar in thin trading, with data later this week expected to keep it buoyant.


  • Trading Through A Market Maker Vs. An ECN (Investopedia)

    The foreign exchange market (forex or FX) is an unregulated global market in which trading does not occur on an exchange and does not have a physical address of doing business.


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