SearchTags: chinese yuanEarly Morning Forex Comment24th March 2006 The US Dollar traded sideways in a quiet Asian trading session, with most currency traders willing to sit on the sidelines. The Federal Reserve FOMC meeting next Tuesday and Wednesday, and the end of the Japanese fiscal year are the main points of focus… more » Categories: Forex News Early Morning Forex Comment23rd March 2006 The US Dollar has inched firmer overnight with some small interest from forex traders particularly against the Euro currency. Very little in the way of economic data to get the markets excited. US Home sales are unlikely to trigger major activity in fx m… more » Categories: Forex News Early Morning Forex Comment21st March 2006 The overnight speech by Ben Bernanke, Chairman of the Federal Reserve was deemed to be ’balanced’ and gave nothing too much away. The mere fact that it was not bearish for the US Dollar was taken as a good sign by thin Asian Forex markets. It is a Japane… more » Categories: Forex News Financial Market Indicator Snapshot20th March 2006 Data taken at 11:15 GMT Monday 20th March 2006
Spot Gold554.500.50Brent Crude Oil63.01-0.25 NYMEX Crude Oil (nearest future)62.46-0.31 FTSE 1006026.00+26.60 Euro Stoxx 503853.18+20.75 Dow Jones11279.65+26.41 Nikkei DJ16,624.80+285.07 CRB Commodity… more » Early Morning Forex Comment02nd March 2006 Currency markets had a subdued session in Asia with the focus very much on the Chinese Yuan. The Chinese currency unit closed at its highest level since 21st July 2005. The Yuan closed at 8.0369 to the US Dollar. A ’ high-ranking ’ official hinted that… more » Categories: Forex News |
|
||||
