Tag Archives: Yen

Pound Trades Near Two-Week Low; King Says U.K. Faces Challenges – Bloomberg.com

(CFD.net.au – Contract for Difference, Share, Forex, ETFs, Commodities Traders) – Sterling fell earlier against the dollar as the MSCI World Index lost 0.6 percent, fueling demand for the U.S. currency as a refuge. U.K. consumer spending is “now markedly … Continue reading

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Fed Officials Said Low Rates May Fuel Speculation (Update1) – Bloomberg.com

(CFD.net.au – Contract for Difference, Share, Forex, ETFs, Commodities Traders) – “Members noted the possibility that some negative side effects might result from the maintenance of very low short-term interest rates for an extended period,” minutes of the Nov. 3-4 … Continue reading

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Is the weak dollar the chicken or egg of the market rally? – Nov. 10, 2009

(CFD.net.au – Contract for Difference, Share, Forex, ETFs, Commodities Traders) – There is no denying that the dollar has lost a fair amount of ground over the past few months while at the same time, stocks, oil and gold have … Continue reading

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Profiting From Interventions In Forex Markets

(CFD.net.au – Contract for Difference, Share, Forex, ETFs, Commodities Traders) – Bought $100,000 and sold 10,740,000 yen (100,000*107.40) Ten minutes later, the USD/JPY increases to 108.80 Sell $100,000 to buy 10,880,000 yen to realize a gain of 140,000 yen In … Continue reading

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