[置顶] Forex Currency: Ringgit rebounds higher than US dollar

Forex Currency: Japan Hopes Stress Test to RelieveDoubts

Forex

Forex Currency---- Japanese Financial Minister expressed hope that the result of European bank stress test would help to relieve forex investors’ doubts against European debt crisis.Some forex analysts hold that the  test is too lenient.----Forex Currency

Forex Currency: Another Wave of Hedge Tumbles Stocks

Forex

Forex Currency---- Recent performance of European banking system once again brought back forex investors’concern that European debt crisis might be aggravated. US forex market is also implicated. Major stocks fell in the Asia-Pacific forex market ended earlier, with slightly smaller decline. MSCI Asia-Pacific index fell 1.6% at Monday Tokyo close.----Forex Currency

Forex Currency: Hedging Demand Becomes Exuberant

Forex

Forex Currency---- Forex strategists of Brown Brothers Harriman in New York said that investors were ever more worried about the stagnation of global economic recovery and about the vulnerability of banking system, which lead them to seek a safe haven. Euro/Yen forex rate had hit the low since over 8 years ago.----Forex News

 Forex 

Forex Currency-- Forex market is worried that a large flow of hot money in and out of Hong Kong may have impact on the local economy. Eddie Yue pointed out that financing activities may attract capital to Hong Kong, but will not pose long-lasting impact on the forex rate of Hong Kong dollars.----Forex Currency

Forex Currency: RMB Currency Reform will not Change

Forex

Forex Currency---- On the RMB forex rate issue, Qin Gang stated that the previous three G20 Summits did not include a country’s currency forex problem into discussion. Chinese party insist to take initiative, controllable and gradual steps to promote the reform of RMB forex rate formation mechanism. ----Forex News

IKON Forex:BNP: Euro/USD Would Fall Below Parity Next Year

Forex

Forex Ikon---- Forex strategists stated  that  Euro/ USD would remain weak in a further period. Forex price will fall further in middle and long terms. ----Forex News

Forex Currency: G20 Will not Agree On RMB Exchange Rate

Forex Currency----Forex analyst predicts that before the G20 summit, RMB forex rate problem is destined to arouse not a small wave. China will not change its forex policy simply because of some country’s address.----Forex Currency: IKON

Forex Currency: Spell of World Cup to Forex Market

Forex Currency---- “Spell of World Cup” , which means the decline in forex market during the World Cup Month, is attracting the attention of forex brokers and investors.-----ForeX: IKON

Forex Currency----Forex brokers indicate that fresh markets who take the lead in rate raising share strong momentum of regional economic recovery. These countries will expand their export to Europe and America, so as to help Europe and America to get rid of debt crisis as soon as possible. ----Forex: IKON

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Forex: USD Receives Slight Call-Back

Forex Currency---- Bernanke states that forex inflation is now under control. There are diversifications concerning the future direction of USD interest rate in forex market.----Forex Observation