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Posts Tagged ‘Currency’

FOREX-Dollar slips vs yen, rises vs euro on durables data

July 28th, 2010
* Dollar falls versus yen after durable goods report * Euro trades above $1.3000 but again fails to hold gains By Nick Olivari NEW YORK, July 28 - The U.S. dollar rallied against the euro but slid against the yen on Wednesday as weaker-than-expected U.S. durable goods orders added to fears about economic recovery in the world's largest economy. Also driving risk aversion was a Federal Reserve ...

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Forex: EUR/JPY rebounds from fall to 113.90

July 28th, 2010
FXstreet.com (Barcelona) - The Hegemonic currency gave ground against the Japanese Yen mid-morning in Europe, pulling-back down below 114.00 from an 11-week peak at 114.69. However, the pair just regained 114.00 area, sitting at 114.10 now, a 0.11% lower than previous close.

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How do you lose money in the Forex market?

July 27th, 2010
How do you lose money in the Forex market? All trades made in the forex market are made in pairs . In other words, one currency is always quoted against another currency, for example the U.S. Dollar against the Japanese yen or the U.S. Dollar against the euro . When a trader buys the dollar against the yen, he or she is hoping or speculating that the dollar will increase in value, while the Yen ...

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FOREX: Ringgit Closes Higher Vis-A-Vis US Dollar

July 26th, 2010
KUALA LUMPUR, July 26 (Bernama) -- The ringgit was traded higher against the US dollar Monday as the result of the European banks stress test provided a positive impetus to the currency, said dealers.

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Forex: EUR/GBP breaks below 0.8350

July 26th, 2010
FXstreet.com (Barcelona) - The Hegemonic currency surrendered early gains in Asia, retreating gradually from an intra-day high at 0.8379. The downswing that was developed upon the touch of today's peak landed at 0.8345 minutes ago, posting a new intra-day low.

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