SAO PAULO, May 28 (Reuters) - Brazil's central bank offered to buy US dollars in the spot foreign exchange market on Thursday, seeking to soak up a flood of ...
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Brazil offers to buy dollars in spot forex market
Source: www.reuters.com
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Dukascopy Morning Forex Overview - Aug 27 09
Previous session overview The euro and dollar fell against the yen in Asia Thursday as weak regional share markets prompted players to sell those currencies for the safe-haven yen. In early afternoon trading, Japan’s benchmark Nikkei 225 Stock Average was down 1.82%, while China’s...
FX market in choppy consolidation
The USD is maintaining its gains from Friday night and it seems to have the momentum on its side at the moment. We may have to wait for Europe to come in before we see any major moves as Asia is doing it’s usual consolidation. The most likely big move would be if USD/JPY can break...
Banco de Mexico Holds Interest Rate Target at 4.50%
The Banco de Mexico held its overnight interest rate target steady at 4.50%. The Bank said [Google Translated]: ”From...
Usd/Jpy approaches trendline resistance at 98.25/30
The sharp turnaround in the Dollar’s fortunes has dismayed many a trader, but there now seems to be a real US is the first to come out of recession trade developing. Usd/Jpy has continued to firm taking out offers at 98.00 before reaching 98.20. Further gains will be tough as Jamie pointed...
Forex Market update for June 4th 2009 and Non-Farm payroll review ...
Forex Market update for June 4th 2009 and Non-Farm payroll review. Written June 4, 2009 at 5:23 PM EST by Shawn Powell ... Get your daily dose of forex news and commentary in the comfort of your own inbox... Just fill out this form: ... Forex News and Commentary by FXDD -...