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Japanese Yen: Currency Intervention Grows Ahead of BoJ Rate Decision
Japanese Yen : Currency Intervention Grows Ahead of BoJ Rate Decision Fundamental Forecast for Japanese Yen: Neutral Japanese Yen Channel is Key Yen Intervention Unlikely as Capex Soars The Japanese yen continued its northern journey against the U.S. dollar this past week despite Japans government issuing its latest fiscal stimulus package in conjunction with the central banks effort of monetary ...
Read more...Currency Trading Reaches $4 Trillion a Day, BIS Says
Foreign-exchange trading rose to $4 trillion a day on average even as growth in the market slowed in the three years through April, a Bank for International Settlements survey showed.
Read more...Financial crisis boosts London's dominance in global currency trading
The City increased currency trading during the worst financial crisis om 60 years, turning over $1.85 trillion a day to take 37pc of world trade.
Read more...China's yuan strengthens 30 basis points against USD
The central parity rate of the yuan, China's currency Renminbi (RMB), strengthened 30 basis points to 6.7973 per U.S. dollar Friday from 6.8003 per U.S. dollar Thursday, according to the data released by the China Foreign Exchange Trading System.
Read more...Forex Strategy Corner: Bollinger Bands Techniques for Trading
Bollinger Bands have long been one of the most popular technical indicators across financial markets, and many forex traders use them regularly in their day-to-day trading. The key question to ask of any forex analysis technique is nonetheless clear: how effective is the Bollinger Bands indicator as a forex strategy?
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