«Risk appetite fades over speculation of weaker housing market in US»

Market Brief

The JPY advanced against all 16 major counterparts before reports this week forecast to show US existing home sales fell and Japan’s export growth slowed in July. Australia’s currency weakened after the election failed to deliver a majority government for the first time in 70 years. The EURUSD traded near a five-week low ahead of European data that may show growth in the EU’s services and manufacturing industries fell to 56.3 (prev. 56.7). The EURJPY dropped to 108.50, USDJPY fell to 85.36 and EURUSD traded at 1.2711 after it reached 1.2664 on Friday, the lowest since July 13, AUDUSD slipped 0.3% to 0.8911 and AUDJPY dropped 0.6% to 76.08. Sales of US existing homes probably dropped 12.9% to

August 22 2010 / No comment / Read More »

Daily Forex Overview

Previous session overview

The yen rose against the dollar in Asia Monday as Japan’s prime minister and top central banker

August 22 2010 / No comment / Read More »

The expansion of Taiwan’s growth during the second quarter of the year based on exports

The Taiwan’s economy has witnessed unexpected high growth levels during the second quarter of this year, after Taiwan’s

August 22 2010 / No comment / Read More »

Forex Learning

“Shock and awe” package lifts euro markets

BRUSSELS (Reuters) – A $1 trillion global emergency package to stabilize the euro unleashed a spectacular rally in European stocks and bonds on Monday but analysts said EU leaders had only bought

May 9, 2010 / Read More »

Spread Forex

BYD warns of slower H2, says dealer pullouts overstated

By Alison Leung and Fang Yan

HONG KONG/BEIJING | Mon Aug 23, 2010 4:45am EDT

HONG KONG/BEIJING (Reuters) – China’s BYD Co Ltd (

Aug 23, 2010 / Read More »

Learn Forex

BYD warns of slower H2, says dealer pullouts overstated

By Alison Leung and Fang Yan

HONG KONG/BEIJING | Mon Aug 23, 2010 4:45am EDT

HONG KONG/BEIJING (Reuters) – China’s BYD Co Ltd (

Aug 23, 2010 / Read More »

Basics Currency Trading

Thanks to all who attended the SF MoneyShow

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 …

Aug 22, 2010 / Read More »
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