Weak dollar strengthens India’s Forex reserves

Weak dollar strengthens India's Forex reserves

Mumbai: Weakness in the US dollar slightly buoyed India's foreign exchange (Forex) reserves during the week ended January 22, experts said on Saturday. However, the Forex coffers would have been heavier had it not been for the central bank's efforts to … Continue reading at indileak.com

USDCHF Looks To Push Higher Towards 1.0327 Resistance Zone

Become the Next Million Dollar Trader with AXITRADER'S Live Trading Competition AxiTrader's Million Dollar Trader competition will see forex traders from around the world compete over a three-month period, where the eligible winner receives an … Continue reading at countingpips.com

Volatility spike in the Forex market

The EUR/USD is building a contracting triangle chart pattern. Price bounced yet again at the top of the triangle. It could find support again near the bottom of the triangle or at the Fibonacci levels. The EUR/USD has made a bearish turn at the resistance … Continue reading at fxstreet.com

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Forex – EUR/USD lower after mixed E.Z. reports

Investing.com – Investing.com – The euro was lower against the U.S. dollar on Friday, after the release of mixed economic reports from the euro zone, while the greenback regained some strength ahead of a fourth-quarter U.S. growth report due later in the day. Continue reading at moneycontrol.com

FOREX-Dollar rises on in-line U.S. GDP data, BoJ move

NEW YORK, Jan 29 The dollar rose sharply on Friday, hitting a six-week high versus the yen, after the Bank of Japan took one of its main interest rates into negative territory and U.S. gross domestic product data largely matched economists’ expectations. Continue reading at reuters.com

IndiasForex Trading Strategies: Beginner’s Guide to Forex with 10 Money Making Strategies
10 Money Making Forex Strategies

The Foreign Exchange provides an exciting opportunity for investors to make money. There is an …

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Forex – USD/JPY rallies over 1% after BoJ policy decision

The banks are yet to say whether it will have any impact on lending rates for corporate and individual borrowers. The Bank of Japan’s announcement also follows closely watched statements from other major central banks amid the recent market turmoil. Continue reading at solonews.net

Forex technical analysis: USDJPY looks to test the highs for the day

The USDJPY is moving higher, despite the weaker US GDP. Of course the Japan easing overnight has that pair (and the JPY in general) moving higher. Technically, the spike high (within the first few minutes of the easing announcement), took the price … Continue reading at nasdaq.com

Latest gold and forex rates in UAE

Emirates 24|7 brings you the daily Dubai gold rate (22k, 24k, 21k and 18k), as well as currency exchange rates, including the Indian rupee, Pakistani rupee, Philippine peso, Sri Lankan rupee, sterling pound, euro and may more against the UAE dirham (US … Continue reading at emirates247.com

USGFX awarded “Best Forex Broker in Australia 2015”

USGFX, an Australian FX and CFD broker, has been awarded the prestigious “Best Forex Broker, Australia 2015” award by Forex Awards. Sydney, NSW, Australia, January 30, 2016 /PressReleasePoint/ – Forex Awards is a Hong Kong based international institution … Continue reading at pressreleasepoint.com

* Nigeria might be backed into a corner and compelled to devalue the Naira, as the currency remains weak against the US dollar and other major world currencies. With a consistently dwindling supply of foreign exchange reserves – which are now at their lowest since October 2012 – experts say the Central Bank of Nigeria has no low-hanging fruit left in its efforts to defend the naira and maintain price stability.

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