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UPDATE: CFTC’s New Task Force Targets ‘Forex Fraudsters’ (Nasdaq)

11th August 2008

UPDATE: CFTC’s New Task Force Targets ‘Forex Fraudsters’ (Nasdaq)

NEW YORK (Dow Jones) — The Commodity Futures Trading Commission has set up a task force to investigate and file charges related to fraud found in the off- exchange retail foreign-exchange markets, the federal agency announced Monday.

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11th August 2008

Forex Traders Forecast Euro Losses (Daily FX via Yahoo! Finance)

EUR/USD Ratio: 1.99 Signal: Bearish

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11th August 2008

Forex in 60 Seconds - Inflation Still A Hitch To RBA And BoE’s Plans To Cut (Daily FX)

· UK producer price growth accelerates to a record high . Will this finally encourage a BoE hike? · Event risk looks to pick up for the pound from here. Will trade data be market moving for the US and Canada?

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11th August 2008

FOREX-Dollar extends rally vs euro on growth outlook (Reuters via Yahoo! Philippines News)

(Adds comments, updates prices, changes byline)

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11th August 2008

RM82 Mln Forex Loss In Sotelgui Investment Will Not Impact Cash Flow, Says TM (Bernama)

KUALA LUMPUR, Aug 11 (Bernama) — Telekom Malaysia Bhd’s (TM) RM82 million foreign exchange loss arising from the translation of net investment in Guinea’s telecommunications services provider, Societe des Telecommunications de Guinee S.A. (Sotelgui), will not impact the cash flow of TM Group.

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11th August 2008

Trade Forex with New DailyFX+ Currency Trading Signals (Daily FX via Yahoo! Finance)

Forex trading signals on DailyFX+ have been expanded to our newest offering: interactive system trading alerts that update on a dynamic basis. Our exciting new product is exclusively available to FXCM clients and increases the value-added of our enhanced DailyFX+ website.

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11th August 2008

Vietnam Money-Cenbank expects forex surplus in 2008 (Reuters via Yahoo! Malaysia News)

(Adds details)

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11th August 2008

5 Key Events for the Forex Market This Week 08-11-08 (Daily FX)

Forex traders will see a bevy of key economic data released this week, including US and UK consumer prices, US retail sales, and the Bank of England’s Quarterly Inflation report.

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11th August 2008

5 Key Events for the Forex Market This Week 08-11-08 (Daily FX via Yahoo! Finance)

Forex traders will see a bevy of key economic data released this week, including US and UK consumer prices, US retail sales, and the Bank of England?s Quarterly Inflation report. However, the most market-moving release could be Euro-zone Q2 GDP, as ECB President Trichet?s dovish commentary last week signaled concern for expansion in the region.

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11th August 2008

CFTC’s new task force targets ‘forex fraudsters’ (Market Watch)

The Commodity Futures Trading Commission sets up a task force to investigate and file charges related to fraud found in the off-exchange retail foreign-exchange markets.

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