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HONG KONG, Jan 7 (Reuters) - Hong Kong's official foreign currency reserve assets stood at $182.5 billion at end-December, the Hong Kong Monetary Authority said on Wednesday, up 10 percent from $165.9 billion at the end of November. Hong Kong, whose ...
Read moreLONDON, Jan 7 (Reuters) - Credit analysts and traders differed on Wednesday over whether LyondellBasell's filing for bankruptcy protection constitutes a credit event that triggers payment under European credit default swap (CDS) contracts. The U.S ...
Read moreThe USD started the day on a strong note rising to early highs against most pairs in New York but has since falling back to make lows in some cases. Traders note that today's US data was as expected and showed no real surprises suggesting that today ...
Read moreRate is two-way and firmer due to cross-spreaders liquidating EURO-Sterling; repatriation also lending to the firm tone. Rate is likely to have a knee-jerk reaction to more rate cuts due later in the week but with a new 2008 low late in the month ...
Read moreEURUSD – Euro Forecast Bearish on Forex Crowd US Dollar Selling USDJPY – Forex Traders Remain Marginally Net Long the US Dollar vs Japanese Yen USDCHF – Forex Sentiment Gives Little US Dollar/Swiss Franc Bias GBPUSD – British Pound Outlook ...
Read moreA couple weeks ago I wrote a piece that compared the Spot Forex market to the Forex Futures. It recently dawned on me that the piece was really written to an audience that already has some knowledge of Forex. Today, let's discuss the basics of this ...
Read moreJan 05 - Dollar Swept Up With Rebound In Risk Sentiment, Data Picks Up Tuesday (Forex Video) Jan 05 - Forex Trading Signals Well-Positioned for Gains in the New Year Jan 05 - Forex Trading Weekly Forecast - 01.05.09 Jan 05 - Euro Zone Investor ...
Read moreEvery year, FOREXYARD analysts come together and discuss the most intriguing events and currencies that made this year special for forex traders. In 2008, it was a tight race between the EUR/USD and the EUR/GBP as both pairs made significant price ...
Read moreTOKYO, Jan 5 (Reuters) - The dollar held firm near a three-week high against the yen on Monday as risk appetite grew after Tokyo shares followed Wall Street higher on hopes for a recovery in the U.S. economy later in the year. The Nikkei share ...
Read moreThere were those who thought it would never happen, those who thought it would be a disaster and those who thought it would blow Europe asunder... And, of course, there were those who hoped (or feared?) it would MAKE a European nation and pave the ...
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