South Korea Planning Currency Intervention
South Korean authorities have indicated they will intervene if the volatility in the foreign exchange (Forex) market continues. The government and the Bank of Korea have concerns regarding the rapid declining value of the won and plan to keep a close eye on the Forex market.
Read more »Expedia Currency
The main Expedia website has prices stated in USD. If you scroll to the very bottom on the website you can see the international sites Expedia has, these are currently;
- Australia
- Canada
- China
- Denmark
- France
- Germany
- Italy
- Japan
- Netherlands
- New Zealand
- Norway
- Spain
- Sweden
- United Kingdom
Forex Trading Tip
If you are looking for a Forex trading tip take a look at our Forex Training articles.
Our articles have been written to help both new and experienced Forex traders avoid the common pitfalls of Forex trading and provide education on a range of Forex topics. If you are a beginner it is even more [...]
Strategy Runner Teams Up With Forex Capital Markets
Strategy Runner recently announced its integration with popular Forex broker Forex Capital Markets (FXCM) No Dealing Desk trading platform.
Strategy Runner allows clients to automate trading strategies that have been created on TradeStation, MetaTrader 4, Excel or using programming languages such as C++, Java and VB. The integration will give Forex Capital Markets clients a [...]
Australian Dollar Soars
The U.S. dollar (USD) gained some ground against the other major currencies on Monday after falling last week due to poor economic data. The Australian dollar (AUD) however has risen to a three-month high due to its increasing yield attractiveness and market expectations that the Reserve Bank of Australia is set to raise rates as [...]
Read more »Buffet Profits With Canadian Currency
Wealthy investor Warren Buffet recently reported a staggering several hundred million dollar profit earnt by holding Canadian currency.
Buffet explained that he believed the Canadian currency would continue to strengthen and said he wished he’d held onto it for longer.
Mexican Currency Falls On U.S News
The Mexican currency (peso) dropped on concerns that demand for Mexican exports will drop, the fall in the peso came after Federal Reserve Chairman Ben Bernanke announced a deteriorating U.S. economy.
The fall in the Mexican currency wiped out early gains that were fueled by the expectation that the Mexican central bank will maintain its benchmark [...]
Swedish Krona Soars
The Riksbank recently raised interest rates to 4%, against expectations, sending the Swedish krona soaring higher.
The Swedish central bank explained that it has raised the interest rate by 25 basis points to combat rising inflation, adding that there were risks linked to slower economic activity and financial market turbulence.
The bank has kept its options open, [...]
Avalon Partner With Forex Capital Markets
Avalon Capital Holdings have announced that the Avalon FX Pro 4.1 trading terminal will be connected to Forex Capital Markets.
Clients are currently able to open a live trading account with Forex Capital Markets using the Avalon FX Pro 4.1 Forex trading platform.
Avalon Capital Holdings subsidiary, Traders Development will generate income from the connection to Forex [...]
Mexican Currency To Rise In 2008
The Mexican currency (peso) saw gains today after the Federal Reserve cut the U.S. interest rate by 50 basis points. The move by the Fed has made yields in emerging market assets more attractive.
The Fed has lowered the benchmark interest rate to 3% in an attempt to prevent the U.S. economy from falling into a [...]
Chinese Currency Forecast To Rise 9% In 2008
The movement in the Chinese currency (the yuan) in January 2008 is equivalent to about a 16% rise on a yearly basis, analysts have already begun to forecast that the Chinese currency could rise up to 9% by the end of the year.
Economic growth in China for 2007 is expected to be reported around the [...]
Forex Investors price in 50 basis point cut
Gold has slipped a little lower as market players anticipate the Fed’s upcoming interest rate decision. Yesterday’s rally above $930 USD has no doubt caused some profit taking, with other investors positioning themselves in case the anticipated 50 basis point cut from the Fed does not eventuate. Investors remain uncertain as to how much assistance [...]
Read more »The Mexican Currency Rally
Mexican Currency rallied today after the Federal Reserve cut U.S. interest rates. Investors were lured by Mexico’s fixed income market yielding 7.5% after the Fed dropped the U.S. rate to 3.5%. With the spread between the yields of the Mexican Currency and U.S. dollar widening Mexican assets are beginning to look a lot more attractive.
This [...]
CMS Forex Targets Forex Traders In Commercial
CMS Forex was founded in 1999 and is a retail Forex broker based in New York. CMS Forex has established a place in the Forex trading community with a commitment to state of the art technology, fair dealing and excellent customer service. In 2006 CMS Forex was recognized by Inc 500 magazine as being one [...]
Read more »Chart Driven Forex Investors Push Euro Up
The Euro has been pushed upwards by chart driven Forex investors following the upward trend and also by Forex investors re-evaluating their interest rate expectations for the region and buying more Euro’s to invest in European assets.
In other news the Bank of England’s (BoE) inflation report contributed to pressure on the GBP as the Forex [...]
