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After a decade of sustained and rapid growth, the retail foreign exchange (Forex) market is seemingly entering the phase of consolidation. Japan, which used to have the top place globally with estimated USD 65B per day turnover is estimated to ...
Read moreEUR/USD Orders BNPP on EUR/CHF Forex: EUR/USD plunges on Juncker statements Polish zloty close to fair-value says Danske Bank after its significant and rapid strengthening in January. "The zloty appreciation has certainly materialized at a faster pace than ...
Read moreThe currency will not revisit the record lows it hit in mid-December, the poll showed. But the rapid slowdown in the economy and persistently high inflation make India a relatively less attractive investment destination, even in a year when ...
Read moreInterestingly enough, the decline was completely retraced two days later when the Bank of Japan intervened to curb the yen’s rapid appreciation. An hourly chart shows the index continuing to trade within the confines of a descending channel ...
Read moreAnd that's what happened. Mr Muriuki denied all accusations. He said Ms Mugadi's dismissal had nothing to do with the forex debacle because it happened in June last year before the rapid drop in the value of the shilling. He added that Ms Mugandi was not ...
Read moreMoving onto fiscal policy challenges, Bernanke warned against overly rapid deficit cutting ... Written by Tzu-Wen Chen DailyFX Research DailyFX provides forex news on the economic reports and political events that influence the currency market.
Read moreKRW is far cheaper relative to, say, AUD primarily due to rapid won depreciation in Q3 2011, reflecting fears of the European crisis and China's slowdown. This presents a pricing mismatch we can exploit. -Ahead of the Japanese fiscal year, there is ...
Read moreGermany and France pressed for a rapid deal between Greece and its private creditors ... is going to get done and relieve some uncertainty," said Boris Schlossberg, head of research at GFT Forex in Jersey City, N.J. "That's triggered a huge amount of ...
Read moreThe euro's drop against the yen prompted Japanese Finance Minister Jun Azumi to say he was worried about the euro's fall, adding currency moves had been "a little rapid". But analysts at Citi played down the possibility of yen-selling ...
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