BOGOTA (Dow Jones)--The central bank announced late Friday that it will start buying at least $20 million a day in the foreign exchange market next week, a move designed to boost its international reserves that could also curb the peso's surge since ...See all stories on this topic »
Colombia's Central Bank To Buy $20M Daily In Forex Market
Source: www.google.com
Read more...
IG Group FY Pretax Profit Seen +29% After 4Q Revenue Gains
After taking steps to improve its competitive position in the quarter its forex performance was strong and activity in indices was similar to previous ... See all stories on this...
Investing in Greek and Japanese Multinational Companies
Economic conditions in Greece and Japan have scared away many investors, leading to some promising contrarian value plays. You’d think that I...
Bigger players sniffing around USD/JPY
I had heard of some large bids at 97.25 in USD/JPY and that was the overnight low, seemingly confirming the chatter. The market is currently trading 97.33/35 and there is only a total of about 100 mio on the bid down to 97.21 and that is with Tokyo up and running. Maybe the rumoured bids...
I’m reducing my long USD/CHF position
I have been in the money on this trade for a total of about 11 minutes and that is starting to grate. EUR/CHF is grinding lower and everyone I know is either long or square EUR/CHF, which is a bit of a worry. With cable and AUD/USD showing no signs of backing off, I’m reducing this position...
German credit crunch deepening
This is the headline on another AEP article and thanks to Saferanger for the lead. Ambrose is as always very bearish on Europe but if the facts stack up, tough credit conditions will not ease the recovery prospects for the vital manufacturing sector. Perhaps some of them are profitable...