FOREX-Euro hits 6-week High as China Data lifts Risk Appetite

http://newsdoors.blogspot.com/2012/12/forex-euro-hits-6-week-high-as-china.html FOREX-Euro hits 6-week High as China Data lifts Risk Appetite The euro hit a six-week high against the dollar on Monday as upbeat data on the Chinese economy boosted risk sentiment,...

Gold may Glitter as Dollar looks to Recoup

http://newsdoors.blogspot.com/2012/12/gold-may-glitter-as-dollar-looks-to.html Gold may gain in the domestic market on Monday with the yellow metal having lost too much in too little time last week. Also, the dollar gained in early Asian currency market against a basket...

Yen Weakness Continues to Dominate Forex Market Sentiment

http://newsdoors.blogspot.com/2012/12/yen-weakness-continues-to-dominate.html Yen Weakness Continues to Dominate Forex Market Sentiment The dollar to yen currency rate (USD/JPY) rallied close to the highest point seen since around April during trading late last week....

Forex - USD/CHF Weekly Outlook: December 3 - 7

http://newsdoors.blogspot.com/2012/12/forex-usdchf-weekly-outlook-december-3-7.html Forex - USD/CHF weekly outlook: December 3 - 7 The U.S. dollar ended the week little changed close to six-week lows against the Swiss franc on Friday, as hopes for an agreement to avoid...

Forex - Weekly Outlook: December 3 - 7

http://newsdoors.blogspot.com/2012/12/forex-weekly-outlook-december-3-7.html Forex - Weekly outlook: December 3 - 7 The euro ended the week close to a five-week high against the dollar and a seven-month high against the broadly weaker yen as hopes for an agreement to...

Forex Reserves Exceed US$ 5 Billion

http://newsdoors.blogspot.com/2012/12/forex-reserves-exceed-us-5-billion.html Forex Reserves Exceed US$ 5 Billion Despite the widening of the trade gap by almost 41 percent, with increased outflow of foreign currency in the form of trade payments, Nepal´s foreign...

FX Technical Outlook: Yen and Dollar Weakness Set to Continue

FX Technical Outlook: Yen and Dollar Weakness Set to Continue Read Full Article at: http://newsdoors.blogspot.com/2012/11/fx-technical-outlook-yen-and-dollar.html  Last week, we recognized that the US dollar was overstretched and anticipated some...

New trends: Using social media to predict FOREX or stock signals?

The Internet Time Machine project has recently seen a new evolution, harnessing its powers of insight into social signals not only for the power of online marketing, but now applying it to the foreign exchange market. The closest thing you can get to "insider trading," this...

Buy US Dollars - Even the strongest rally doesn’t move in a strai

Buy US Dollars - Even the strongest rally doesn’t move in a straight line Foreign Exchange Outlook : We get some US data today, including the ISM service sector index for Dec (probably a decline to 36.5), existing home contracts, factory orders, and the minutes of the...

Wells Fargo completes Wachovia purchase

Wells Fargo has completed the $12.7 billion purchase of Wachovia Corp. Wells Fargo expects the merger to result in at least $5 billion of annual cost savings, and to boost earnings per share by 20 percent or more in 2011 and higher amounts thereafter. Source: Wells Fargo -...

NAB Okays probe against 3 forex companies

" Updated at: 1430 PST, Thursday, November 13, 2008 ISLAMABAD: National Accountability Bureau (NAB) has given a go ahead to an inquiry into the allegations regarding illegal business and money laundering against three forex companies.The Securities and...

Pakistan to seek Interpol help in forex scam as arrested man admits involvement

As the arrested director of a forex company has confessed to his involvement in illegal transfer of foreign exchange abroad, the Pakistani authorities have decided to seek Interpol help for arresting the other persons involved in the forex scam."LAHORE: Director General FIA...

Security fears over Pakistan bankruptcy threat

Pakistan has witnessed rapid economic growth during Musharraf  regime. After seizing power in the coup in 1999 he appointed former Citibank executive Shaukat Aziz as the prime minister to oversee the fledging country's finances. But it...

Forex Signal Provider? Which one?

  So you decided to make a full time living from the foreign exchange market? Or you are going to supplement your income from here? You have set up yourself with a proper broker available. I believe you have spent hundreds of hours in front of the PC trying to put...