Rumors from Iran Central bank said that the management had decided to diminish EURO reserves to 20-25 percent from 50 percent and then convert the euro currency into the Dollars and Gold. It is also heard in the market that the sales of the first stage is begin and its ...
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Written by admin on March 6th, 2011
Written by admin on March 6th, 2011
In US session as the risk appetite is lifted up by the strong economic data of US that makes the USD to get reversed earlier in the Forex online trading market. It is seen in the market that the manufacturing index of ISM is dropped to 59.7 point from the ...
Written by admin on March 6th, 2011
Yesterday was the day of goodness for the Canadian Dollar since morning because after the release of GDP growth rate report in the market a drastic change is seen in the Canadian Dollar index chart that is it seems to be rises up after the past day lows of the ...
Written by admin on March 6th, 2011
After getting a support from China, Euro zone countries debt and State Administration of Forex online market acknowledges by China that- "Euro zone is one of the major market for investments among all the nations". This cause the risk sentiments to get a strong recovery in the week. There was ...
Written by admin on March 6th, 2011
Yesterday the rise is seen in the Asian market by the Strong impact of Japan and New Zealand currency. Although the market seems to be in slow pace in the opening Forex online session but it surged as the time goes on and reach to high in the late Forex ...
Written by admin on March 6th, 2011
Concerns of Spain BBVA leads to EURO recovery only for a short span of time and again euro resumes its weakness in Yesterday's trading. The bruits about the Spain's second largest bank spreads in the market that the bank is unable to renew short-term funding of $1 billion. This leads ...
Written by admin on March 6th, 2011
In late US session it was seen that the stocks rebounds benefits the Dollar to hit a high of 87.46. In may month there was a rise of 63.3 percent is seen in the Conference board consumer confidence data. It was highest since March and now reached above the expectations ...
Written by admin on March 6th, 2011
Yesterday a low was seen in the EURO currency due to the news that Bank of Spain is now lead by the government reconstruction funds. This makes the euro to tumble down after hitting the high of $ 1.25. Since we have seen some earlier gain in the euro ...
Written by admin on March 6th, 2011
In the past week there were two major developments are seen that is with the risk intervention in the Forex market the selling of EURO rebounds. After the German announcement of Stabilisation fund it was seen in the market that euro currency falls continuous and reaches below the 2008 low ...
Written by admin on March 6th, 2011
Forex online market has shown a moderate growth with low inflation rate in this whole week. Yes, we have seen some growth in the market but it is not at all as anticipated by the government. There was a gain noticed in the private sector jobs but this will impacts ...