A Forex ECN does not operate a dealing desk, but instead provides a marketplace where multiple market makers, banks and traders can enter competing bids and offers into the platform either inside or outside the spread, resulting in …

Original post by Mohit Kumar

“The housing decline is still unfolding and I view it as the most significant current risk to our economy”

Finance officials from the world’s top economic powers pledged Friday to do all they can to limit damage to the global economy from a jarring credit crisis as Wall Street took another plunge.

‘We remained committed to doing our part in sustaining strong global growth,’ the finance officials said in a joint statement. While saying the functioning of global financial markets was improving somewhat, they warned that ‘uneven conditions are likely to persist for some time and will require close monitoring.’ Read more

Original post by The Associated Press

From MarketWatch: As expected, the communiqué handed down by the finance ministers and central bankers of the Group of Seven industrialized nations Friday night made no specific mention of the declining US dollar or the weak Japanese …

Original post by climateer

The Foreign Exchange market, also referred to as the “Forex” or “FX” market, is the largest financial market in the world, with a daily average turnover of approximately US$1.5 trillion. In comparison, the daily volume of the New York …

Original post by gadis asia

Forex. 0.

Original post by Forex

objective of the state monopoly was threefold: to maintain food security, gain foreign exchange. earnings and achieve the “Burmanization” of marketing channels, which were once dominated by. other ethnic groups. …

Original post by unknown

Treasury prices rose for a fifth consecutive session Friday, extending an unusually durable rally based on multiple signs that troubles are not over for the housing sector and capital markets.

Recent soft housing data and bank earnings reports pointing to further credit market weakness have prompted investors to shun risk and opt for government-backed Treasurys. At the same time, skyrocketing oil prices, which have dented the stock market, have intensified interest in Treasurys.

The rally also has benefited from renewed demand from foreign central banks, reversing a trend seen all four weeks of August when these institutions were net sellers of U.S. assets, according to Tony Crescenzi, chief fixed income analyst at Miller Tabak. Read more

Original post by The Associated Press

Therefore China’s authorities decided to reform the foreign exchange regime in a controlled manner on its own initiative and in a gradual fashion.”Wu said these actions are “not a manipulation of the exchange rate,” but “shows the …

Original post by Editor

· US Dollar tumbles on falling bond yields, G7 expectations. · Canadian dollar sets 31-year highs, will the rallies keep on coming? To discuss these or any other FX topics with the DailyFX analysts, check out the Forum …

Original post by forexblog@fxcm.com (Forex Trading Blog)

WASHINGTON (MarketWatch) — Financial officials from the Group of Seven industrialized nations at Friday’s meeting said China must pick up the pace of the yuan’s appreciation, according to a draft statement obtained by Dow Jones …

Original post by unknown