By Katie Martin Of DOW JONES NEWSWIRES LONDON (Dow Jones)--Trading in currencies has surged by one-fifth over the past three years to hit an average of $4 ...See all stories on this topic »
BIS: Daily Forex Flows Hit $4 Trillion A Day In April
Source: www.google.com
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Cable sees nice rebound; M&A;impact?
Cable is back above the 1.6000 level, a somewhat surprising result given the political turmoil in the UK in recent days. Perhaps the potential inflow back to the UK of the proceeds of Barclays Sale of its BGI unit are beginning to have an impact. Upwards of GBP 6 bln could be headed back across the...
Even in the random walk, locations of daily high and low are non-uniformly distributed in time
I have been looking at the temporal distributions of daily highs and lows in forex since for some time now (see the EUR/USD report, the first one on the subject). Later I began complementing the data with a similar distribution of variance and 1-hour lag autocorrelation (here is the distribution...
USDCHF’s uptrend extended to 1.0794
USDCHF’s uptrend extended to as high as 1.0794 level and reached the upper border of the rising price channel on 4-hour chart....
Majors steady in early interbank trade
All of the majors are at their NY closing levels from Friday. The market will try to digest the volatile moves from Friday night before settling on its next move. I expect Asia to trade most of the majors in 100 pip ranges. It’s a relatively quiet day on the economic data...
Forex and Financial Market Update 15 June 2009
Those three factors about sum it up to explain why the EUR/USD, GBP/USD, EUR/JPY, and GBP/JPY came under pressure, each losing several hundred pips to the ... See all stories on this...