The RBI had tried hard to intervene by selling dollars in the forex market but that did not help. Finally, it decided to cut off the speculation supply line. The central bank decided to withdraw the facility of cancelling and rebooking forward ...See all stories on this topic »Forbes India
Forex and the RBI: For a Few Dollars More
Source: www.google.com
Read more...
Toyota to Invest in Canadian Plant
Toyota (NYSE:TM) announced it will invest in a Canadian factory in Woodstock, Ontario for $80 million to manufacture more RAV-4...
Japan: The Backdoor to Emerging Markets
Japan: The Backdoor to Emerging Markets by Steve McDonald, Investment U Contributing Editor Friday, November 4, 2011 Who would turn down a chance...
No challenge to Brown: Labour Parliamentary group
Reuters quotes the head of the Labour Party parliamentary group as saying there will be no challenge to PM Brown. There was an outside chance that bankbenchers would push for his ouster, as Gerry has been writing, but it looks as though he has survived that process. Cable continues to consolidate...
Temporal distribution of CHF/JPY low and high during a day
CHF/JPY resembles AUD/JPY in that its temporal distributions for high and low are heavily dominated by the early hours of the day (Central European time), reflecting morning activity in...
FOREX VIDEO - European Outlook November 24th 2009
Hi everyone, today I touch on a variety of trading related subjects related to all things Forex. I specifically talk about the VIX, Dollar index, Equity markets and a few of our favorite currency pairs. Yesterday’s retracements have put us at some interesting technical areas for the Pound Yen,...