Forex Trading System News
- HDFC Bank Q1 net up 34% Tuesday, July 19, 2011 @ 4:41PMHDFC Bank earned a net profit of Rs 1,085 crore, an increase of 33.7%, over the corresponding quarter ended June 30 in line with market estimates.
http://timesofindia.indiatimes.com/business/india-business/HDFC-Bank-Q1-net-up-34/articleshow/9290231.cms
- European shares attempt rebound, euro rallies Tuesday, July 19, 2011 @ 6:00AMEuropean stock markets rose on Tuesday as investors snapped up bargain shares, but dealers remained on edge over the eurozone debt crisis which has pushed Italian and Spanish bond yields up to danger levels....
http://uk.finance.yahoo.com/news/European-shares-attempt-afp-3432664865.html?x=0
- Nigeria: Expectations From President's Economic Team Monday, July 18, 2011 @ 7:45AMAs President Goodluck Jonathan unveils his cabinet, all eyes are on his economic team which is expected not only to reinvigorate the economy but also to institute fiscal reform measures in the management of the country's resources, reports Festus Akanbi
http://allafrica.com/stories/201107181294.html
- U.S. stock futures lower as debt fears weigh; Dow sheds 0.7% Monday, July 18, 2011 @ 7:44AMForexpros – U.S. stock futures pointed to a broadly lower open on Monday, as a lack of progress over raising the U.S. debt ceiling and simmering concerns over the euro zone’s sovereign debt crisis weighed on market sentiment.
http://www.businessinsider.com/us-stock-futures-lower-as-debt-fears-weigh-dow-sheds-07-2011-7
- Nigeria: Fear of Forex Arbitrage Unsettles Market Monday, July 18, 2011 @ 6:03AMFinancial experts have raised the alarm over the growing disparity between the official and parallel market rates, warning that unless the CBN is seeing the closing the gap between the rates, Nigeria would once again witness the era of foreign exchange arbitrage, better known as round tripping in the domestic economy.
http://allafrica.com/stories/201107181023.html
- City Index Goes Live with Algorithmics’ Algo Risk Service Monday, July 18, 2011 @ 1:07AMAlgorithmics, the leading provider of risk solutions, today announced that City Index, a global leader in spread betting, contracts for difference (CFDs) and margined foreign exchange, has gone live with Algorithmics’ Algo Risk Service for intra-day risk exposure tracking. (PRWeb July 17, 2011) Read the full story at http://www.prweb.com/releases/2011/7/prweb8647001.htm
http://www.prweb.com/releases/2011/7/prweb8647001.htm
- FOREX-Dollar steadies as impact from S&P warning short-lived Friday, July 15, 2011 @ 12:41AM* S&P warns one-in-two chance it could cut U.S. ratings ifno deal * Dollar limits falls, market focus shifts to EU bank stresstests * Dlr/yen finds support below 79; importers, retailinvestors buy TOKYO, ...
http://uk.finance.yahoo.com/news/FOREX-Dollar-steadies-impact-targetukfocus-3440860618.html?x=0
- FOREX-U.S. dollar rises as Bernanke backs off from easing Thursday, July 14, 2011 @ 3:17PM* Dollar gets respite, Bernanke says not time to ease yet * Fear of U.S. downgrade, default to limit dollar gains * Euro zone debt concerns continue to weigh on euro (Updates prices, adds comment, details) ...
http://uk.finance.yahoo.com/news/FOREX-U-S-dollar-rises-targetukfocus-3040977993.html?x=0
- FOREX-Dollar gains as Bernanke says not yet ready to ease Thursday, July 14, 2011 @ 1:31PM* Dollar gets respite, Bernanke backs off easing talk * Fear of U.S. downgrade, default to limit dollar gains * Euro zone debt concerns continue to weigh on euro * Yen soars on risk aversion, Japan ups ...
http://uk.finance.yahoo.com/news/FOREX-Dollar-gains-Bernanke-targetukfocus-3635670327.html?x=0
- Eurozone drama: act fast, speak with one voice, analysts say Thursday, July 14, 2011 @ 8:51AM(PARIS ) - Pressure is rising on EU and eurozone leaders to speak with one voice, put differences aside and get ahead of the markets in solving the spreading debt crisis.
http://www.eubusiness.com/news-eu/eurozone-economy.bb0
- Forex: Euro Eyes 1.3500, Further British Pound Weakness Ahead Tuesday, July 12, 2011 @ 8:18AMThe Euro bounced back from a four-month low of 1.3836 during the overnight trade, but the single-currency is likely to face additional headwinds over the near-term as the EU struggles to contain the sovereign debt crisis.
http://www.dailyfx.com/forex/fundamental/daily_briefing/session_briefing/us_open/2011/07/12/Forex_Euro_Eyes_1.3500_Further_British_Pound_Weakness_Ahead.html
- Eurozone debt dominates markets, stocks struggle Tuesday, July 12, 2011 @ 2:26AMThe fast-moving eurozone debt drama hit global markets for a second day on Tuesday, with the euro down, rates in high risk bonds up and stocks struggling to claw back losses.European stocks rallied slightly ...
http://au.finance.yahoo.com/news/Eurozone-debt-dominates-afp-4096985052.html?x=0
- Forex - EUR/USD tumbles to 7-week low amid contagion fears Monday, July 11, 2011 @ 9:26AMForexpros - The euro tumbled to a seven-week low against the U.S. dollar on Monday, as fears over the health of Italy's banking system saw Italian bond yields jump to a euro-lifetime high.
http://community.nasdaq.com/News/2011-07/forex-eurusd-tumbles-to-7week-low-amid-contagion-fears.aspx?storyid=84730
- Instant view: China raises interest rates for 3rd time in 2011 Wednesday, July 6, 2011 @ 9:34AMBEIJING (Reuters) - China's central bank increased interest rates for the third time this year on Wednesday, making clear that taming inflation is a top priority even when as the economy slows gently.
http://news.yahoo.com/instant-view-china-raises-interest-rates-3rd-time-110144671.html
- Euro Weighed Down by Risk Negative Headlines and Softer Tuesday Data Tuesday, July 5, 2011 @ 6:03AMThe thin holiday trade is now behind us with the markets transitioning back into normal trading conditions. So far, the initial reaction in early Tuesday trade has been a risk off reaction, with currencies coming back under pressure and giving up a good deal of gains seen since Friday.
http://www.dailyfx.com/forex/technical/article/morning_slices/2011/07/05/Euro_Weighed_Down_by_Risk_Negative_Headlines_and_Softer_Tuesday_Data.html
- Euro drops against dollar as risk-appetite wanes Tuesday, July 5, 2011 @ 6:02AMThe euro dropped against the dollar on Tuesday as risk appetite eased amid renewed concerns surrounding the Greek debt crisis and the possibility that China will raise its key interest rate, analysts said....
http://uk.finance.yahoo.com/news/Euro-drops-against-dollar-afp-3521546181.html?x=0
- Currencies Reverse Course on Confluence of Risk Negative Developments Tuesday, July 5, 2011 @ 12:14AMMarkets have been hit hard by a number of risk negative headlines in early Tuesday trade which have weighed heavily on risk correlated currencies thus far…
http://biz.yahoo.com/fxcm/110705/835988458.html?.v=1
- Nigeria: Naira Appreciates High, Gains N4.45 in One Week Monday, July 4, 2011 @ 5:01AMThe Naira appreciated remarkably to its highest value this year on Friday following recent policies put in place by the Central Bank of Nigeria (CBN) to encourage foreign direct investment in the country.
http://allafrica.com/stories/201107040819.html
- Forex: Euro Holds Ground As Greece Passes Budget Cuts Wednesday, June 29, 2011 @ 8:15AMThe Euro extended the advance from earlier this week and the relief rally in the EUR/USD may gather pace during the North American trade as Greece passes the additional austerity measures to address the debt crisis.
http://biz.yahoo.com/fxcm/110629/193528999.html?.v=1
- FOREX: Dollar Takes Another Temporary Hit as S&P Rallies Monday, June 27, 2011 @ 11:03PMLooking at the dollar’s day-to-day performance is liable to make one motion sick.
http://www.dailyfx.com/forex/fundamental/daily_briefing/session_briefing/daily_fundamentals/2011/06/28/dailyfundamentals_06282011.html
- FOREX-Euro rallies vs dollar, yen on Greece vote hopes Monday, June 27, 2011 @ 3:39PM* Euro gains though Greece remains a key focus * Dollar up vs yen and Swiss franc (Updates prices) NEW YORK, June 27 (Reuters) - The euro rose on Monday asinvestors bet Greece's parliament will approve ...
http://uk.finance.yahoo.com/news/FOREX-Euro-rallies-vs-dollar-targetukfocus-2520361530.html?x=0
- FOREX-Euro rises vs dollar on Greece vote hopes Monday, June 27, 2011 @ 1:30PM* Euro gains though Greece remains a key focus * Dollar up vs most majors other than euro (Updates prices, adds quote, details; changes byline) NEW YORK, June 27 (Reuters) - The euro rose on Monday asinvestors ...
http://uk.finance.yahoo.com/news/FOREX-Euro-rises-vs-dollar-targetukfocus-2978593515.html?x=0
- FOREX-Euro gains vs dollar as Greek vote nears Monday, June 27, 2011 @ 11:17AM* Euro gains though Greece remains a key focus * Dollar up vs most majors other than euro (Updates prices, adds quote, adds details, changesdateline, previous LONDON) NEW YORK, June 27 (Reuters) - The ...
http://uk.finance.yahoo.com/news/FOREX-Euro-gains-vs-dollar-targetukfocus-561658839.html?x=0
- Forex Strategy Outlook: Euro, US Dollar Likely to See Major Volatility Monday, June 27, 2011 @ 11:13AMForex options markets have priced in substantial euro and US Dollar volatility in the days ahead, pointing to major Euro/US Dollar breakouts and favoring volatility-friendly strategies.
http://biz.yahoo.com/fxcm/110627/2012179226.html?.v=1
- Beaten Down Buck Is A Buy Monday, June 27, 2011 @ 11:04AMU.S. and global stock markets are in corrections, producing losses for investors, and they do not lo
http://blogs.forbes.com/greatspeculations/2011/06/27/beaten-down-buck-is-a-buy/
- East Africa: After CBK's Shocker, East Africa Waits for Action On Rogue Banks Monday, June 27, 2011 @ 10:37AMThe financial markets in East Africa are waiting with bated breath to see what punitive action the Central Bank of Kenya intends to take on four large commercial banks that the Governor of the Central Bank, Njuguna Ndung'u, blames for exerting speculative pressures on the exchange rate.
http://allafrica.com/stories/201106272079.html
- Nigeria: CBN Moves to Halt Speculative Forex Trading Monday, June 27, 2011 @ 8:09AMDisturbed by the persistent high demand of dollars at the forex market, the Central Bank of Nigeria (CBN) has taken measures to put an end to speculative trading in the market. The move, according to a letter posted on the apex bank's website on Friday, sought to limit the amount of the greenback available to dealers and Bureau De Change (BDC) Operators.
http://allafrica.com/stories/201106271547.html
- IG Markets Launch Pro Cycling Index Monday, June 27, 2011 @ 5:53AMLONDON, June 27, 2011 /PRNewswire/ IG Markets, a leading CFD trading [http://www.igmarkets.co.uk ] and forex [http://www.igmarkets.co.uk/cfd/forex.html ] company and sponsor of Team Sky, is proud to announce the launch of the IG Markets Pro …
http://www.wallstreet-online.de/nachricht/3184759-ig-markets-launch-pro-cycling-index
- The Beaten Down US Dollar Is A Buy! Friday, June 24, 2011 @ 4:29PMWhere are investors to turn for profits? U.S. and global stock markets are in corrections, producing losses for investors, and they do not look like their declines have ended yet.
http://www.businessinsider.com/the-beaten-down-us-dollar-is-a-buy-2011-6
- West Texas Intermediate at Inflection Point Thursday, June 23, 2011 @ 1:33PMThe following commentary comes from an independent investor or market observer as part of TheStreet's guest contributor program, which is separate from the company's news coverage. NEW YORK (TheLFB-Forex) -- Crude oil markets are very oversold across all time-frames, and hitting main support areas from December 2010 and January 2011that will be hard to initially break. West Texas Intermediate ...
http://www.thestreet.com/story/11163820/1/west-texas-intermediate-at-inflection-point.html?cm_ven=RSSFeed
- Gold and Silver Report - "Fedsday Cometh! Plus, More Sci-Fi! " Wednesday, June 22, 2011 @ 3:44PMThe largely sideways action continued to be manifest in the precious metals markets for a third session, ahead of the Fed's policy statement and Bernanke press conference due later today.
http://community.nasdaq.com/News/2011-06/gold-and-silver-report-fedsday-cometh-plus-more-scifi.aspx?storyid=82067
- Greek bail-out talks: as it happened Monday, June 20, 2011 @ 12:55PMFull coverage of the second day of euro crisis meeting talks in Luxembourg.
http://uk.finance.yahoo.com/news/Greek-bail-talks-happened-tele-859094734.html?x=0
- There is a lot of satisfaction in contributing to public policy Monday, June 20, 2011 @ 11:51AMMs Shyamala Gopinath retired on Monday as Deputy Governor of the Reserve Bank of India after nearly a four-decade stint with the central bank.
http://www.thehindubusinessline.com/industry-and-economy/banking/article2120966.ece?homepage=true
- GE-13: July 10 nomindation day poser and 60 ways to hurt Malaysia Monday, June 20, 2011 @ 11:02AMSelena Tay One of the teachings in Sun Tzu’s Art Of War says that what cannot be won by confrontation must be won by stealth. This is very true. And there are many in the Pakatan Rakyat camp who say this typifies their BN rivals. Those who know they may not win the general election [...]
http://hornbillunleashed.wordpress.com/2011/06/21/19663/
- Forex Strategy Outlook: Volatility Favors Breakout Trading in Japanese Yen Monday, June 20, 2011 @ 10:18AMForex traders have priced in sharp US Dollar and euro moves in the week ahead, making Breakout and Trend FX trading strategies attractive through upcoming price action.
http://www.dailyfx.com/forex/fundamental/article/weekly_strategy_outlook/2011/06/20/forex_strategy_outlook_us_dollar_volatility.html
- Range-Bound Stocks Find Support Monday, June 20, 2011 @ 8:34AMThe following commentary comes from an independent investor or market observer as part of TheStreet's guest contributor program, which is separate from the company's news coverage. NEW YORK (TheLFB-Forex) -- A near-term trading signal was generated on S&P 500 futures Friday, with a break higher from 1275 that targets 1285 and 1290. June has created four trade signals, two long and two short ...
http://www.thestreet.com/story/11158140/1/range-bound-stocks-find-support.html?cm_ven=RSSFeed
- Asian markets cautiously optimistic over Greece Monday, June 20, 2011 @ 2:43AMHONG KONG: Asian markets on Monday were cautiously optimistic after news from Europe that there could be light at the end of the tunnel for Greece's crippling debt crisis.
http://www.brecorder.com/markets/equity/17469-asian-markets-cautiously-optimistic-over-greece.html
- GE-13: July 10 nomination day poser and 60 ways to hurt Malaysia Monday, June 20, 2011 @ 1:12AMOne of the teachings in Sun Tzu's Art Of War says that what cannot be won by confrontation must be won by stealth. This is very true. And there are many in the Pakatan Rakyat camp who say this typifies their BN rivals. Those who know they may not win the general election by fair means may opt to win by foul means. And giiven the rash and irrational way in which BN boss, UMNO, and its cohorts ...
http://www.malaysia-chronicle.com/index.php?option=com_k2&view=item&id=14420:ge-13-july-10-nomindation-day-poser-and-60-ways-to-hurt-malaysia&Itemid=2
- Leverate Announces Turnkey Private Label Solution for Asian Forex Brokers Sunday, June 19, 2011 @ 8:07PMLIMASSOL, Cyprus, June 20, 2011 /PRNewswire/ Leverate (http://www.leverate.com) is proud to announce the launch of new Private Label brokerages in Singapore, India, Hong Kong, South Korea and Australia. Leverate offers the most …
http://www.wallstreet-online.de/nachricht/3180750-leverate-announces-turnkey-private-label-solution-for-asian-forex-brokers
- Guest Commentary: Forex Trading Hours – When to Avoid Trading Friday, June 17, 2011 @ 10:43AMGuest Commentary: Forex Trading Hours – When to Avoid Trading
http://www.menafn.com/qn_news_story_s.asp?StoryId=1093422157
- European stocks haunted by spectre of Greek default Thursday, June 16, 2011 @ 9:40AMA couple sits next to Syntagma Square in Athens during a demonstration near the parliament on June 15, 2011. European equities sank Thursday, mirroring sharp losses elsewhere, as worries intensified over ...
http://uk.finance.yahoo.com/news/European-stocks-haunted-afp-154999465.html?x=0
- PRIME appoints new editor-in-chief, changes domain name Thursday, June 16, 2011 @ 8:51AMBusiness news agency PRIME, 65% controlled by RIA Novosti, announces the appointment of a new editor-in-chief and the change of its domain name to 1prime.ru. These decisions were made following the re-naming of the agency, previously PRIME-TASS, in early June and its re-launch as PRIME.
http://rss.feedsportal.com/c/860/f/517308/s/15efdf79/l/0Len0Brian0Bru0Cagency0Inews0C20A110A6160C16465530A20Bhtml/story01.htm
- PMX Gold Releases Update Regarding Gold ATM/Gold Banking Network Development Wednesday, June 15, 2011 @ 8:00AMPMX Gold, LLC , a wholly-owned subsidiary of PMX Communities, Inc. , released an update today regarding their development of the world's first Gold ATM. The PMX Gold ATM Terminal is designed to integrate seamlessly with the International Banking System and conduct both conventional ATM transactions and a wide array of Gold Banking functions, including the ability to both dispense and accept for ...
http://biz.yahoo.com/prnews/110615/fl20156.html?.v=1
- smartTrade Technologies named "Best Multi Asset Trading Platform" Wednesday, June 15, 2011 @ 7:47AMTOKYO & NEW YORK & LONDON & PARIS & AIX EN PROVENCE, France--(BUSINESS WIRE)--smartTrade Technologies named "Best Multi Asset Trading Platform"; Profit & Loss Magazine announced smartTradeBest Multi Asset Trading Platform at the annual Digital Markets Awards
http://www.businesswire.com/news/home/20110615005955/en/smartTrade-Technologies-named-Multi-Asset-Trading-Platform
- Police probe alleged fraud by Easy Forex Tuesday, June 14, 2011 @ 10:43AMThe core of the complaint filed with the police is a NIS 500 million suit by five Easy Forex customers last year.
http://www.globes.co.il/serveen/globes/docview.asp?did=1000654409
- U.S. Dollar Rebound To Gather Pace, British Pound At Risk Monday, June 13, 2011 @ 2:18PMThe Dow Jones-FXCM U.S. dollar index pared the advanced from the previous week, but the rebound from 9452.35 should gather pace as there appears to be a major shift in risk-taking behavior.
http://www.dailyfx.com/forex/fundamental/us_dollar_index/daily_dollar/2011/06/13/U.S._Dollar_Rebound_To_Gather_Pace_British_Pound_At_Risk.html
- Forex: Euro Under Pressure As ECB Delays Exit Strategy Further, Rebound In Risk To Be Short-Lived Thursday, June 9, 2011 @ 8:18AMThe EUR/USD tumbled to a low of 1.4515 even as the European Central Bank pledged to toughen its stance against inflation, and the single-currency may face additional headwinds over the near-term as the Governing Council looks to delay its exit strategy further.
http://www.dailyfx.com/forex/fundamental/daily_briefing/session_briefing/us_open/2011/06/09/06-09-11.html
- U.S. Hurtles Toward System Failure Wednesday, June 8, 2011 @ 11:06PMThe combination of $trillion bond fraud, dependence on inflating home equity for economic development, oversized cars, oil dependence, constant market intervention, insolvent banks, insolvent homes, outsourced industry, endless war, budget deadlock amidst runaway deficits, raided US gold treasury, mammoth future benefit obligations, and handing over the keys at USDept Treasury to Goldman Sachs ...
http://news.goldseek.com/GoldenJackass/1307649600.php
- Guest Commentary: 5 Tips for Avoiding Forex Euphoria Wednesday, June 8, 2011 @ 4:48PMIn forex trading, also winning can be dangerous. Some traders get euphoric, make bad trades and eventually kill their forex account. This can happen to anyone. Here are 5 tips for overcoming it.
http://www.dailyfx.com/forex/fundamental/article/guest_commentary/2011/06/08/Guest_Commentary_5_Tips_for_Avoiding_Forex_Euphoria.html
- Gallant Capital Markets Becomes the First Forex Firm Licensed and Regulated by the BVI FSC Monday, June 6, 2011 @ 11:08PMTORTOLA, British Virgin Islands, June 7, 2011 /PRNewswire/ Gallant Capital Markets (Gallant) announced today that the British Virgin Islands Financial Services Commission (BVIFSC) approved its application for an investment business license. …
http://www.wallstreet-online.de/nachricht/3172775-gallant-capital-markets-becomes-the-first-forex-firm-licensed-and-regulated-by-the-bvi-fsc
