Reserve Bank of India is the central bank of India which performs the role of maintaining orderly conditions in the forex market by intervention through …

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Reserve Bank of India is the central bank of India which performs the role of maintaining orderly conditions in the forex market by intervention through …

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The oversold dollar recovered across the board on Tuesday despite weak secondary US housing data. This means some profit taking hit and should continue to ht the carry trades and the standard yen crosses. The US non-manufacturing ISM is

Original post by info@gftforex.com (Global Forex Trading)

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The oversold dollar recovered across the board on Tuesday despite weak secondary US housing data. This means some profit taking hit and should continue to ht the carry trades and the standard yen crosses. The US non-manufacturing ISM is

Original post by info@gftforex.com (Global Forex Trading)

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Latest Reply to Kimbar and Forex Trading by BaliLife on Wed, 03 Oct 2007 05:43:46 +0200.

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Daily Bullish:, Yesterday’s pullback broke below the ideal 1.4174-96 support but held in the next at 1.4138. I suspect this may well have formed a low but we have to be aware of deeper supports at 1.4108 and maximum 1.4078.

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Also, this article indicates that Switzerland’s share of the forex market has doubled. When exactly does this critical mass occur? Has Switzerland reached it, is it close to reaching it, or will this growth slow, reverse, etc.

Original post by Steve Verdon

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The EUR/USD had already reached the S3 pivot point before the start of today’s New York session. US pending home sales news, released at mid-session, failed to have much effect on the pair, which went flat into London close.

Original post by FX Bootcamp

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Hindu Business Line: Importers betting on rupee gaining more . . . along with the importers, corporates with external commercial borrowings have also begun reversing their hedges on debt service payments.

Original post by Kaushik

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Forex Signal GBP/JPY : BUY STOP 1 @ 236.97 SL:236.22 TP: 237.27 BUY STOP 2 @ 236.97 SL:236.22 TP: 237.57 SELL STOP 1 @ 234.89 SL:235.64 TP: 234.59 SELL STOP 2 @ 234.89 SL:235.64 TP: 234.29 Result : active.

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