ForexTradingAdvice

The risk appetite/risk aversion theme is still the main drivers in the forex markets. Dollar extends yesterday’s rally as US stocks open lower for another day and breaches 7800 level briefly in early trading. Investors are taking profits on concerns of poor first quarter earnings reports from banks. IMF said…

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New Zealand Herald

FOREX-Dollar, yen gain as recent optimism fades Reuters By Jessica Mortimer LONDON, April 7 (Reuters) – The dollar and the yen gained on Tuesday as concerns about the banking sector and jitters before the corporate earnings season dampened recent optimism, sparking demand for perceived safe haven currencies … FOREX-Yen, dollar rise in twitchy market, RBA cuts rates Reuters all 66 news articles

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GM Daewoo posts massive 2008 loss on forex bets Reuters SEOUL, April 7 (Reuters) – GM Daewoo Auto & Technology, the South Korean unit of General Motors Corp (GM.N), swung to a huge net loss in 2008, as massive foreign exchange bets to hedge overseas sales turned sour on a weaker won and declining exports, …

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New Zealand Herald

FOREX-Yen, dollar rise in twitchy market, RBA cuts rates Reuters By Kaori Kaneko TOKYO, April 7 (Reuters) – The yen and the dollar rose on Tuesday as renewed nervousness about banks' health stalled a rally in riskier assets, but the Australian dollar climbed after its central bank opted for a modest rate cut. … FOREX-Dollar, yen gain as recent optimism fades Reuters all 55 news articles

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AFP

WORLD FOREX: Yen Up Vs Dollar, Euro Amid Fragile Asian Shares Wall Street Journal By Takashi Nakamichi OF DOW JONES NEWSWIRES TOKYO (Dow Jones)–The yen regained some ground against the dollar and the euro in Asia Tuesday on demand from Japanese exporters as well as speculators' buying of safe-haven currencies driven by fragile … FOREX-Yen, dollar rise in twitchy market, RBA cuts rates Reuters WORLD FOREX: Dollar Claws Back From Lows Vs Euro, Pound Wall Street Journal WORLD FOREX: Euro Sinks Lower As Stocks Retreat Wall Street Journal Reuters - Reuters all 112 news articles

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The Market Oracle

Forex Market Update: EUR and GBP Retreat as Yen Crosses Ease on … Daily FX, NY The dollar was holding a firmer tone in Asia, though gains were very moderate, with the overhang of the DJIA pullback on Monday and some underlying weakness in Asian stocks prompting some additional profit-taking in JPY crosses, which pushed EUR, GBP, … Forex Trading − USD−Confidence Weakens after Poor Economic Data … FXstreet.com The Foreign Exchange Market Technical Comments by RCPL Forex Forex Hound Forex Market Update: USD-JPY nears 101.00 as Stock Markets Broadly … Daily FX FXstreet.com The Foreign Exchange Market - FXstreet.com The Foreign Exchange Market all 55 news articles

Original post by http://www.forex-registry.com/forex-articles and software by Elliott Back

The RBA announced to cut interest rate by 25 bps to 3% today, the lowest level in 49 years. The decision was against market expectation that the central bank will keep things on hold in April. Main reasons for the reductions were further deterioration in global and domestic economic outlooks,…

Original post by http://www.forex-registry.com/forex-articles and software by Elliott Back

Euro continues its downtrend and breaks the previous support downwards. A move back lower could set up a test of 1.3234. The following analysis is for information only; Finotec is not responsible for any decisions or misinterpretations based on the given text.

Original post by http://www.forex-registry.com/forex-articles and software by Elliott Back

FOREX-Yen, dollar rise as jitters revive, RBA in focus Reuters * BOJ meets, seen assessing conditions but no major action TOKYO, April 7 (Reuters) – The yen and the dollar climbed on Tuesday, benefiting from defensive position-taking as a flush of optimism which powered a recent rally in stocks and higher-risk …

Original post by http://www.forex-registry.com/forex-articles and software by Elliott Back

The Australian dollar shrugs off unexpected rate cut from RBA today and recovers from intraday low of 0.7048 again dollar. While markets expected it to be on hold in generally, the Reserve Bank of Australia lowered cash rate by 25bps to 3.0% today. The total accumulative policy easing is now…

Original post by http://www.forex-registry.com/forex-articles and software by Elliott Back