«Japan sees G7 “understanding” on forex action»

By Tetsushi Kajimoto

MARSEILLE, France | Sat Sep 10, 2011 3:51am EDT

MARSEILLE, France (Reuters) – The yen took a back seat at the Group of Seven finance ministers’ meeting, which grappled with Europe’s debt crisis and global economic slowdown, but Japan said it met little resistance to further intervention.

The G7 economic powers gave a muted reaction to Japan’s call to endorse its right to unilateral action against speculators pushing up its currency, but Japanese officials and some analysts said the subdued response suggests the G7 could let Japan intervene in the market again if needed.

“We intervened in August and I told the (G7) that we will continue

September 9 2011 / No comment / Read More »

Euro slides from 6 1/2-month high

The European common currency stopped its rally for three consecutive weeks against the dollar after touching 6

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Forex Learning

Papandreou says to save Greece, stay in euro

By Harry Papachristou

THESSALONIKI, Greece | Sun Sep 11, 2011 1:07am EDT

THESSALONIKI, Greece (Reuters) – Greek Prime Minister George Papandreou said on Saturday

Sep 10, 2011 / Read More »

Spread Forex

S&P futures add to gains after data

NEW YORK | Wed Sep 28, 2011 9:13am EDT

NEW YORK (Reuters) – Stock index futures pointed to a slightly higher open on

Sep 27, 2011 / Read More »

Learn Forex

Red Lobster parent Darden profit drops

Wed Sep 28, 2011 7:28am EDT

(Reuters) – Darden Restaurants Inc (DRI.N) posted a 6 percent drop in quarterly earnings, partly hurt by the hurricane Irene, but reaffirmed its full-year earnings outlook.

Sep 27, 2011 / Read More »

Basics Currency Trading

US stocks up in premarket trade

Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider …

Sep 27, 2011 / Read More »
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