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Beside the rally in oil prices, experts also attributed the build-up in the forex reserves to the moderate demand for forex at the CBN’s official forex market –the Wholesale Dutch Auction System (WDAS ... to the ministry of trade and investment ...

How to Sustain Nigeria’s Forex Reserve Accretion

After starting at DailyFX.com, David authors the daily briefings for the U.S. Open as well as the Trading the News report. Do you think that a potential Greek default will cause Portugal, at present rated junk by all three of the major rating ...

'It seems the central bank will preserve its zero interest rate policy throughout 2012' - David Song, DailyFX

Failure to avoid a disorderly default could raise the possibility of contagion among euro zone nations, hit global economic growth and hurt Europe's banking system ... that's why we're in a relatively tight trading range," said Dean Popplewell ...

Euro drops as Greek debt stalemate fans fears

The standout though was the Indonesian rupiah which firmed against the dollar after the country regained its investment grade credit rating from -Moody's ... according to trading system EBS. The dollar was at Y76.830 against the yen, compared ...

WORLD FOREX: Euro Firms On Reports Of Beefed-Up IMF Resources

One Euro summit later, in tandem with month-end requirements, and we have a trading environment wishing to finally throw ... The country's yields have ballooned since credit rating agency's lowered their ratings to below sub-investment grade earlier ...

EUR Short Covering Just Started?

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Trading currencies in the Forex market and existence ... times before theBretton Woods system (XIX – early XX centuries). The matter is that the world economy was not very mobile at those times, especially in comparison to today.

The Bretton Woods System

China’s trade surplus has continued to shrink as a housing bubble ... As the euro-area faces an increased threat of a credit-rating downgrade, we expect the heightening risk for contagion to drag on the Euro, and the exchange rate should continue to ...

Forex: Top Trade Opportunities of 2012

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