“That set the tone early on in London. From then on equities have had a negative tone in Europe and the US”

The Australian dollar has opened more than one US cent weaker today, starting the day below $US0.8900 for the second time this week, as more bad news emerged about troubled mortgage lenders. via The Age

Original post by The Age

RMB should be converted back into foreign currency with the personal valid “foreign exchange certificate” before leaving China. Unused foreign exchange and RMB traveler’s cheques can be taken out of the country. Each …

Original post by learnchinesekelly

In recent years, the foreign exchange market favors more and more people as it becomes a favorite for international investors, and this is strongly related to the properties of the forex market. The main characteristics of the foreign …

Original post by Admin

GBP/USD Still with in a channel and has a small support at 2.0420-2.0440 because of a 52 day MA. Click on picture to inlarge.

Original post by Edwin FX

GBP/USD Still with in a channel and has a small support at 2.0420-2.0440 because of a 52 day MA. Click on picture to inlarge.

Original post by Edwin FX

EUR/USD is still in a upward channel in 4 hour charts.

Original post by Edwin FX

For the information of those who do not know it yet, Forex (FOReign EXchange market) is an international exchange market, where money is sold and bought freely. Speculations on the Forex exchange market give the biggest profit of all …

Original post by unknown

Finance capital also forced the elimination of capital controls, the result being the rapid globalization of speculative capital to take advantage of differentials in interest and foreign exchange rates in different capital markets. …

Original post by Gaime

USD/JPY Driftis high in Tokyo markets from a low of 110.20 to 110.60. There are some resistance at 110.95-111.00. Seems like there are some profit taking in the GBP/JPY which is also driving the usd/jpy higher.

Original post by Edwin FX

Then a second mechanism would be direct intervention in the foreign exchange market. That’s something that other countries do rather regularly, but the US has not done on a consistent basis for a long time, and the Bush administration …

Original post by Gaime