By Masayuki Kitano TOKYO, Aug 27 (Reuters) - The dollar edged lower against the yen on Friday, inching back towards a 15-year low hit earlier this week, ...See all stories on this topic ยป
FOREX-Dollar dips vs yen; Bernanke speech in focus
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Bank of Ghana Keeps Lending Rate at 12.50%
The Bank of Ghana kept its key lending rate steady at 12.50%. Bank of Ghana Governor, Kwesi Amissah-Arthur, said:...
Volatility-neutral trading system
After inspecting the simulated track of the best selected algorithmic traders (see EUR/USD, USD/JPY, GBP/USD, USD/CHF, USD/CAD, AUD/USD, it becomes clear that a volatility-neutral approach is needed. The optimized robots trade only during the peak of financial panic so there is a risk that if such...
Risk sentiment helped by reports 10 US banks to repay TARP
Reports that the US Treasury is preparing to announce today that it will let 10 US banks buy back government shares is helping boost risk appetite, which is benefitting likes of euro, sterling, aussie and canadian...
FOREX VIDEO | NEW YORK SESSION REVIEW | June 30, 2009
The final trading day of Q2 and H1, plus a dose of sour US news, brought volatility to the currency market during today’s New York session. The US dollar rebound at the open of the session fueled moves on the major currency pairs, including a 60-pip short trade on the EUR/USD currency pair....
IMF bonds: Less than meets the eye
The latest hysteria to hit the FX market is the fear that emerging powers like China, Russia and Brazil will pull funds out of US reserves and pump them into newly issued IMF debt. There are a couple of problems with this notion. For one, the bonds are not meant to be marketable. This will be a buy...