Tag: forex
How Forex Differs from Other Markets
There are some major differences between the way the forex operates and other markets such as the U.S. stock market operate. Fewer Rules This means investors...
Trading in the Foreign Exchange Market
The market is open 24 hours a day, five days a week across major financial centers across the globe. This means that you can...
What Is Foreign Exchange (Forex)?
Foreign Exchange (forex or FX) is the trading of one currency for another. For example, one can swap the U.S. dollar for the euro....
Turkish lira slips again; Nebati says rates to stay put
ISTANBUL, June 6 (Reuters) - Turkey's lira slid to beyond 16.55 against the dollar on Monday, bringing its losses to more than 20% this...
Foreigners pull out of Asian equities for fifth straight month in May
June 2 (Reuters) - Asian equities continued to witness foreign outflows for a fifth consecutive month in May, hit by concerns over monetary tightening...
Emerging market FX rallies seen short-lived due to high inflation: Reuters poll
By Vuyani Ndaba and Vivek Mishra JOHANNESBURG/BENGALURU (Reuters) - Battered emerging market currencies will struggle to hold on to recent gains towards year-end as U.S....
Dollar to clear recent weak period unscathed – FX analysts
By Hari Kishan BENGALURU (Reuters) - The U.S. dollar is set to clear its recent weak period unscathed and remain dominant because the number of...
Speculators cut net long bets on U.S. dollar -CFTC, Reuters
By Saqib Iqbal Ahmed NEW YORK (Reuters) -Speculators' net long bets on the U.S. dollar fell to a five-week low, according to calculations by Reuters...
Turkey Takes Aim at Lira Short Selling by Focusing on Niche Debt
(Bloomberg) -- Turkey is planning to restrict purchases by domestic investors of new lira bonds sold by multinational lenders, the latest effort to curb short...
Dollar falls as investors reach for riskier currencies
By Saqib Iqbal Ahmed NEW YORK (Reuters) -The U.S. dollar fell across the board on Thursday, ceding ground gained in recent sessions as firmer risk...
Rouble eases towards 62 vs dollar, Severstal shares fall after sanctions
The Russian rouble eased towards 62 against the dollar on Thursday, stabilising in a relatively narrow range after sharp and uncontrolled moves last week...
Canadian dollar to strengthen as BoC moves ‘aggressively’ on rate hikes – Reuters poll
By Fergal Smith TORONTO (Reuters) - The Canadian dollar will gain ground over the coming year as high commodity prices bolster Canada's economic outlook and...