Archive for the Forex News Category
Yen Outperforms Majors
By Forex District – The Dollar and the Yen advanced against higher yielding currencies as concerns mount over the quickness of the global economic recovery. Even as Government stimulus packages and enormous liquidity measures by Central Banks have been implemented, the economic slump is not expected to be followed by a sharp and sustained rebound [...]
U.S. Dollar: the Good, the Bad and the Ugly
By Merk Investments -
Russian President Medvedev suggests the dollar is on its way out; Russian Finance minister Kudrin says there is no substitute for the dollar. The Chinese see a need to diversify out of the dollar; the Japanese say their trust in the dollar is unshakable. Let’s look at this puzzle and make some [...]
This Morning in Forex
By ForexDistrict -
After a strong performance in late Europe, the Dollar has weakened overnight. EURUSD rose to a high of 1.3940 so far after closing the day at 1.3860 in New York. Cable, which was temporarily trading well underneath of the psychological 1.60 level in Europe recovered to as high as 1.6125.
The biggest mover yesterday [...]
Chart Of The Day – July 8th
By FX Solutions -7/08/2009 – GBP/USD – Price action on GBP/USD, a daily chart of which is shown, has continued its substantial bearish bias since the pair broke down below a key uptrend support line extending from a late April low. Currently the bearishness is showing little sign of abating, and clear support targets to [...]
Hedging in Depth
By FXSTREET -
NFA Rule: 2-43(b)
Rule 2-43(b) effectively eliminates the ability of traders to hedge open positions. In this article we will explore the function and purpose of hedging, the details and rationale behind the NFA’s decision and address some additional impacts of the decision.
Hedging – A brief overview:
The purpose of hedging typically is to shift [...]
Comments To the NFA
July 06, 2009
Via E-Mail (secretary@cftc.gov)
Mr. David A. Stawick
Secretary of the Commission
Commodity Futures Trading Commission
Three Lafayette Centre
1155 21st Street, N.W.
Washington, D.C. 20581
Re: RIN 3038-AC66; Revised Adjusted Net Capital Requirements for Futures Commission Merchants and Introducing Brokers, 74 Fed. Reg. 21290 (May 7, 2009)
Dear Mr. Stawick:
National Futures Association welcomes this opportunity [...]
MetaTrader 5 – Depth of Market (DOM)
By MetaTrader Australia -
This week I will try to give some insight into what these features really are and how they might impact your trading.
Up first, the new Depth of Market (DOM) feature. What DOM affords a stock trader is a view of current market activity for a particul
ar stock. Market depth information is generally [...]
Interest Rate Differentials Turns Against Dollar
By Ninja Forex – For those of you that make a living (i.e. trade forex) from interest rate differentials, consider that the US Treasury yield curve is now steeper than at any point in recent memory. Short-term rates are still close to zero, while long-term rates just passed 4% and are still rising. The theoretical [...]
Will the ECB Wave its Magic Wand?
By Baby Pips - Another interest rate decision tomorrow – what will Jean-Claude Trichet and the ECB pull out from the monetary policy hat this time?
The European Central Bank (ECB) is accountable for the monetary policy of the 16 member countries of the Euro zone. The bank has control of the region’s money supply and [...]
US Dollar Sharply Higher as Consumer Confidence Retreats
By Forex District – The Dollar rose sharply across the board after a report by The Conference Board showed consumer sentiment retreat in June. Data was unexpectedly weaker than estimates catching market participants by surprise. U.S. stocks turned lower after the news, damping demand for higher yielding assets.
U.S. consumer confidence fell to 49.3 in June, [...]
