forex

Forex Account – In the noon session in the New York forex market on Thursday, the forex rate of EUR/USD made a cross trade at around 1.3090, and the forex rate of GBP/USD was stabled at around 1.5620; and USD/JPY got a rebound to 86.90 in the forex market

 forex

Forex Account – Early in the Asia forex market on Thursday July 29, the forex rate of AUD/USD continued to get a weak adjustment after Tokyo decided its forex interest rate in the forex market. So far, the forex price of AUD/USD was at the level of 0.8920. Nikkei index was opened low at the beginning of the forex market, and the three major stock indexes in US also mildly closed low.

forex

Forex Account – A forex analyst Issei Suzuki in the Japanese branch of Citibank said the forex rate of USD/JPY might surge up due to the risk preference emotions of the forex brokers in the forex market recently.

forex

Forex Account – The forex analyst group in Faros Tradings pointed out that USD was just at the beginning of its slumping trend in the forex market, and the surging trend of the forex rate of EUR/USD might be over the common expectation of the forex market.

forex

Forex Account –Yamamoto said the forex rate of USD/JPY would probably go to 89.00 in short-term in the forex market.the forex brokers may cut down more of their yen long positions in the future in the forex market.

forex

Forex Account– Early in the Asia forex market on Friday July 23, the forex rates of NZD against all other major currencies except AUD all got a rebound.  The forex price of the hedging currencies such as USD and JPY ect went back to the level of last Friday July 16 in the forex market.

forex

Forex Account –Chinese government decided to further push the reform of the mechanism for setting the RMB exchange rate and enhance the flexibility of the RMB forex rate in the forex market. The central parity rate of RMB/USD was increased by up to 22 percent compared with that of five years before in the forex market.

forex

Forex Account – The forex rate of USD against new Taiwan currency slightly went down, forex dealer in a local bank in Taiwan predicted the forex rate of USD against new Taiwan currency would be maintained at a narrow range of 32.070 to 32.150 in the forex market, and the direction of the forex trading would be determined by the real capital flow in the forex market.

forex

Forex Account – the weak released US housing data brought the panic emotions of the forex brokers towards the global economy growth increased in the forex market and swept away all the advantages of the mergers and acquisitions of International Powers in the forex market.

forex

Forex Account –the Australian election which will be held on August 21 would bring great impact to the forex market, because an agreement had been reached on the most concerned “resource super-profits tax” for the forex brokers in the forex market...