Archive for August, 2011

FXstreet.com (Barcelona) – It looks like America finally will not default on its obligations as US politicians have a framework agreed. According to latest reports, they have a compromise in the works, but they need to be patient. … See all stories on this topic »

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Forex: US politicians have reached agreement; Risk on in the FX market

Financial markets are being torn between two opposing forces: on one side, contagion risk is spreading across peripheral European countries, with Italy in the spotlight now. On the other hand, the US debt-ceiling deadline is approaching, with no clear … See all stories on this topic »

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US debt crisis continues; forex markets mixed

By Babajide Komolafe On March 26th 2006, the Central Bank of Nigeria (CBN) introduced a policy titled, “Further Measures To Liberalise the Foreign Exchange Market”. The aim of the policy was to address the widening gap between the official exchange … See all stories on this topic »

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Limit on Forex Sale to BDCs: Another policy misadventure

Such forex can be released by authorized dealer banks on a simple application-cum-declaration form A-2 prescribed for the purpose under FEMA guidelines. Listed hereunder are the latest norms and guidelines announced by RBI for such transactions: You … See all stories on this topic »

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Posted On Monday, August 01, 2011 at 02:39:21 AM

Forex: US Debt Deal Looms Near

FXstreet.com (California) – The White House and congressional leaders are closing in on a deal to avert US default, looking to find common ground on a deal to raise the US federal borrowing limit by Aug 2. “Lawmakers still face a Tuesday deadline set a … See all stories on this topic »

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Forex: US Debt Deal Looms Near

We can expect to see trailing stop-loss orders above these levels,” comments Sean Lee at Forex Live. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of The NASDAQ OMX Group, Inc. See all stories on this topic »

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Forex: USD/JPY showing strength in early Asia

FXstreet.com (Barcelona) – Despite some progress has been made between democrats and republicans to agree on a deal to raise the US federal borrowing limit, reports are suggesting that chances are slim that a US senate vote on the latest debt agreement … See all stories on this topic »

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Forex: Market pricing in debt deal, concerns remain

South Korean CPI +4.7% YoY

Stay out of forex until debt ceiling issues is clear. Sean Lee: Chris, any possibility of Fed QE3 is highly unlikely it would seem. Both Bullard and Lockhart said that now is not the time and Fed's preferred measure… Twitter-fxi: Reid gives his … See all stories on this topic »

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South Korean CPI +4.7% YoY

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