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We maintain that the EURUSD is headed to a new high in order to complete large wave III within the 5 wave advance from 1. Bigger picture, a 5 wave advance from 1. A triangle is nearing completion as wave B within an A-B-C pattern (which may be wave A of the next larger degree). The long term count calls for this C wave to eventually end below . Wave C is considered underway as long as price is above . read more
[Tags]wave, 1, , advance, c, currency, forex news[/Tags]
DHAKA, June 29 (Reuters) – Bangladesh’s central bank wants to increase the target for the country’s foreign exchange reserves by 20 percent to $6 billion to reflect the rising cost of imports, Bangladesh Bank officials said on Sunday. The International Monetary Fund and economists consider foreign exchange reserves equivalent to three months of imports to be the minimum desirable to face up to emergencies. The central bank raised the reserves target to $5. Officials said rising remittances from Bangladeshis working abroad and higher exports had helped keep the reserves at these levels. Thomson Reuters is the world’s largest international multimedia news agency, providing investing news, world news, business news, technology news, headline news, small business news, news alerts, personal finance, stock market, and mutual funds information available on Reuters. Thomson Reuters journalists are subject to an Editorial Handbook which requires fair presentation and disclosure of relevant interests. read more
[Tags]news, reserves, reuters, bank, exchange, foreign, forex news[/Tags]
Thomson Reuters is the world’s largest international multimedia news agency, providing investing news, world news, business news, technology news, headline news, small business news, news alerts, personal finance, stock market, and mutual funds information available on Reuters. Thomson Reuters journalists are subject to an Editorial Handbook which requires fair presentation and disclosure of relevant interests. NYSE and AMEX quotes delayed by at least 20 minutes. Nasdaq delayed by at least 15 minutes. read more
[Tags]news, reuters, business, delayed, minutes, thomson, forex news[/Tags]
Thomson Reuters is the world’s largest international multimedia news agency, providing investing news, world news, business news, technology news, headline news, small business news, news alerts, personal finance, stock market, and mutual funds information available on Reuters. Thomson Reuters journalists are subject to an Editorial Handbook which requires fair presentation and disclosure of relevant interests. NYSE and AMEX quotes delayed by at least 20 minutes. Nasdaq delayed by at least 15 minutes. For a complete list of exchanges and delays, please click here . read more
[Tags]news, reuters, business, delayed, minutes, thomson, forex news[/Tags]
Thomson Reuters is the world’s largest international multimedia news agency, providing investing news, world news, business news, technology news, headline news, small business news, news alerts, personal finance, stock market, and mutual funds information available on Reuters. Thomson Reuters journalists are subject to an Editorial Handbook which requires fair presentation and disclosure of relevant interests. NYSE and AMEX quotes delayed by at least 20 minutes. Nasdaq delayed by at least 15 minutes. For a complete list of exchanges and delays, please click here . read more
[Tags]news, reuters, business, delayed, minutes, thomson, forex news[/Tags]
Home » Finance » Currency Trading » Forex Trading – What is it? There is an existing practice in place, however, that allows for international agencies to track forex currency trading amounts in order to squash potential exploiters. A number of companies have come out with forex trading software to help both the retail trader and the larger corporations track their trading. With systems in place like forex platform trading, a trader can boost and enhance ttheirforex strategy trading by quite a lot and have access from almost anywhere at any time. read more
[Tags]trading, forex, currency, track, trade, , forex articles[/Tags]
BEIJING, June 24 (Xinhua) — China’s top foreign exchange regulator Hu Xiaolian has pledged more efforts to boost supervision of capital flows to safeguard the nation’s financial security. Hu, also a deputy central bank governor, said the country was faced with a bigger challenge of guarding against the impact of the short-term global speculative funds. More efforts should be made to prevent capital flows in the disguise of trade and to boost management on short-term overseas loans. Hu made the remarks during recent research and investigation tours to Dalian, Suzhou, and Wuhan. The turbulence on the global financial market, the rate changes of the major currencies, and the price ups and downs of the energy and grain could had a huge impact on the capital flows, Hu said. Zuo Xiaolei, chief economist with Galaxy Securities, on Sunday warned against large-scale capital flight in case the dollar rebounded against other currencies. read more
[Tags]capital, hu, flows, boost, currencies, efforts, forex news[/Tags]
Peiris was speaking at a workshop held at Reef Garden Hotel, Polhena, Matara for officials of the People’s Bank branches in the Galle, Matara and Hambantota districts on the Apara Loan Scheme launched by the Sri Lanka Export Credit Insurance Corporation (SLECIC). He said that up to now the country had been striving to export as many goods as possible in order to earn valuable foreign exchange but today the service sector throught the export of skills and labour have become a predominant foreign exchange earner. The Apara Loan Scheme had been initiated through the Sri Lanka Export Credit Insurance Corporation consequent to such thinking and five financial institutions including the People’s Bank had become partners in this programme at ground level thus becoming stakeholders of a great national endeavour. Dayananda, Assistant General Manager, People’s Bank, Dilruk Ranasinghe, General Manager, SLECIC, Nandani Edirimanne, Coordinating Officer, Apara Scheme and Sugath Kadugammulla, Chief Manager, Foreign Branch, Asha Piyatilleka, Creative Manager, A. read more
[Tags]peiris, export, scheme, manager, people, apara, forex news[/Tags]
The eToro platform focuses on practice and education, as well as providing all the essential trading tools, with the eToro forex trading community constituting an essential part of the educational process. Through eToro’s private and public chats, traders can share forex tips, news and strategies, meaning that the community plays a crucial role in encouraging and facilitating a trader’s development. With the release of the new version of the eToro platform, community has taken an even more central place in the forex trading experience. Traders who introduce a friend to the eToro community will receive an unprecedented $50 bonus, while the referred trader will receive the exact same amount. read more
[Tags]etoro, community, trading, forex, etoros, platform, forex news[/Tags]
Prasada Rao, announcing the arrest of gang members here on Friday, said efforts were on to trace the links that enabled them to smuggle counterfeit currency into Andhra Pradesh. The arrested persons are Mohammed Shoukat Ali, Arun Kumar Saha and his brother Naba Kumar Saha, all from Malda district in West Bengal, K. Nutfal used to deliver fake currency bundles from a secluded place which is 15 km away from across the border in West Bengal. Then Arun and Naba collected the bundles and handed them over to Ali, who would later give them to Rao and Reddy for circulating in Andhra Pradesh. read more
[Tags]currency, arun, fake, rao, ali, naba, forex news[/Tags]
