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forex trading News Archive05-Jan-2007
Currency Trading Ranges Look to Expand in Opening Months of 2007 (Daily FX via Yahoo! Finance)
Average Trading Ranges Continue to Shrink Through Past Three Years Over the past few years, the global markets have seen a long-term contraction of price volatility as several key structural factors have changed the dynamics of the way certain markets are traded.
FOREX-Jobs data extends dollar rally to third day (Reuters via Yahoo! Asia News)
NEW YORK, Jan 5 (Reuters) - The dollar rallied for a third day on Friday after a surprisingly strong report on U.S. jobs growth in December led investors to scale back expectations for a Federal Reserve interest rates cut in the next six months.
Dollar trapped in lower 119 yen level in lackluster Tokyo trading (Kyodo via Yahoo! Asia News)
_ The U.S. dollar was trapped in the lower 119 yen level Thursday in lackluster Tokyo trading, while the euro maintained its strength against the Japanese currency after briefly rising into the 158 yen level for the first time in New York on Wednesday.
Currency Trading Ranges Look to Expand in Opening Months of 2007 (Daily FX)
Over the past few years, the global markets have seen a long-term contraction of price volatility as several key structural factors have changed the dynamics of the way certain markets are traded.
Forex - Dollar higher across the board on economic data, trading flows (The Forex Market)
LONDON (AFX) - The dollar gained against major currencies on both trading flows and economic data, rising to three-week highs against the euro and to the highest level against the yen since Oct 25.
FOREX-Dollar surges after Dec payrolls beat forecasts (Reuters via Yahoo! Asia News)
NEW YORK, Jan 5 (Reuters) - The dollar rallied on Friday after data showed surprisingly strong growth in U.S. jobs in December, further dampening expectations that the Federal Reserve would cut interest rates in coming months.
FOREX-Yen soars on Japan rate outlook (Reuters via Yahoo! Asia News)
TOKYO, Jan 5 (Reuters) - The yen surged higher across the board on Friday, pulling further away from 2-1/2-month lows against the dollar on talk that the Bank of Japan could bump up interest rates as early as this month.
FOREX-Dollar hits six-week highs vs euro, sterling (Reuters via Yahoo! Asia News)
NEW YORK, Jan 5 (Reuters) - The dollar extended gains on Friday, hitting a six-week high against the euro after U.S. data showed job creation in December was more robust than expected, curtailing the chances of an early-2007 rate cut.
MONEY & BANKING (The Hindu)
Rupee gains marginally The rupee gained by about eight paise towards the end of trading on Thursday on dollar selling by exporters. The currency had opened lower at 44.42 on an overnight dollar rally and dollar buying by oil companies, said a forex dealer. However, ...
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