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Friday, October 16, 2009

Pound Extends Gains on Renewed Optimism

Pound Extends Gains on Renewed Optimism
October 16th, 2009

The pound had the best performance this week in months after speculations suggest that the national central bank will stop its current asset-purchase program used to stimulate the economy to escape from recession.

Pound Extends Gains on Renewed Optimism

Pound Extends Gains on Renewed Optimism
October 16th, 2009

The pound had the best performance this week in months after speculations suggest that the national central bank will stop its current asset-purchase program used to stimulate the economy to escape from recession.

Dollar Rebounds on Undervaluing Speculations

Dollar Rebounds on Undervaluing Speculations
October 17th, 2009

The U.S. dollar had a weak performance this week reaching record lows versus the euro and the Australian dollar but managed to pare some of its losses as traders could think the current devaluation may be too severe and that it would not reflect economic fundamentals in the U.S.

Weekly Forex News

Weekly Forex News

Using the videos created by FXDD, we will try to provide you with weekly videos of future events as well as provide you with the daily events when necessary. This will give you, the trader more information to help you. Each video will represent a week or day depending on which is available. At least this way you can come back to one spot for all your Forex video needs. Continue to Weekly Forex News.

Forex Rebates

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Forex Brokers

Forex Brokers

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The eFOREX Advantage

The eFOREX Advantage

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Thursday, September 24, 2009

Forex TV's Equities & Commodities - Sept 24

09/24/09 06:00 PM -
Forex TV - Stocks slumped for the second straight session on a drop in existing home sales and commodity prices. Lind Waldock's Friedman provides his commodities recap.

Record High for Brazilian Currency as Stocks Climb2

September 23rd, 2009
The Brazilian currency was one of those which benefited today from a growing optimism in stocks and commodities markets, attracting traders to emergent markets and setting the highest rate for the Brazilian currency versus the greenback since the global slump started last year.

Record High for Brazilian Currency as Stocks Climb

September 23rd, 2009
The Brazilian currency was one of those which benefited today from a growing optimism in stocks and commodities markets, attracting traders to emergent markets and setting the highest rate for the Brazilian currency versus the greenback since the global slump started last year.

Rand Pare Losses on Rates Speculations

September 23rd, 2009
The South African rand erased losses from the beginning of the way today on speculations that interest rates in country will not be cut, raising attractiveness for the high-yield profile of the South African currency.

Pound Rebounds on BOE Plans

September 23rd, 2009
The British currency managed to revert a downtrend versus the dollar, euro, and several other main traded currencies after the Bank of England signaled it will not continue its asset purchase program, one of the greatest responsible for the pound losses this year.

Risk Appetite Continues to Punish Greenback

September 23rd, 2009
The dollar proved itself unable to resist a new wave of risk appetite this week that set the greenback to the lowest levels in 2009 versus several currencies in virtually all economic regions in the world, as traders are confident to take risks and purchase higher-yielding options.

Canadian Dollar Declines on National Bank Statement

September 23rd, 2009
Canada has been one of the fastest economies to recover from the recession that impacted the world last year, but the Bank of Canada is stressing on the fact that strong currency may delay the economic rebound in the country, affecting traders’ sentiment towards the loonie.

Dollar Rebounds as Pessimism Surges

September 24th, 2009
The dollar changed its losing trend after the brought pessimism regarding the economic recovery in North America back to trading markets, attracting investors once again to the relative safety of the greenback.

Yen Climbs as Capital Returns to Japan

September 24th, 2009
After three days without financial activities in Japan due to a national holiday, speculations suggested that Japanese capital invest abroad was repatriated today before the end of the fiscal year’s first half in Asia’s wealthiest nation, improving the yen’s sentiment in foreign-exchange markets.

Australian Dollar Climbs on Banks’ Resilience

September 24th, 2009
The Australian dollar climbed today versus most of the 16 main traded currencies as the national central bank affirmed that the largest financial institutions in the country showed themselves resilient from the crisis and are helping the country to recover from the worst recession in decades.

Stocks Force Brazilian Real Down

September 24th, 2009
Global stocks declined today on speculations that interest hikes around the world will be delayed, decreasing attractiveness for higher-yielding emergent market currencies like the Brazilian real, which declined from its strongest level in 2009.

Faltering Oil Affects Canadian Dollar Performance

September 25th, 2009
The Canadian dollar along as other high-yielding currencies, witnessed a fall today in trading markets as the crude oil price, one of the main nation’s exports, declined sharply, affecting the loonie’s performance in foreign-exchanges markets towards the end of this Thursday.