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US Dollar Forecast to Advance versus Euro, British Pound according to Forex Trading Signals (Daily FX via Yahoo! Finance)

30th September 2008

US Dollar Forecast to Advance versus Euro, British Pound according to Forex Trading Signals (Daily FX via Yahoo! Finance)

Our Forex Trading signals forecast that the US dollar will rally against the Euro, British Pound, and the Swiss Franc through short-term currency trading. Indeed, the trading signals sold the EURUSD at 1.4319 and 1.4331?a prescient move given the subsequent tumble to the downside.

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30th September 2008

Forex reserves swell by just $2.2 bn in Q1 (The Economic Times)

Foreign reserves grew at a snail’s pace during the quarter ended June ‘08 as only $2.2 bn was added to the country’s forex kitty.

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30th September 2008

Forex - Australian Dollar Opens Down - Oct 1, 2008 (Yahoo! Asia News)

SYDNEY, Oct 1 Asia Pulse - The Australian dollar has opened weaker, dropping below US$0.7900 overnight due to a stronger US dollar and concerns that the financial crisis engulfing the US was spreading to Europe.

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30th September 2008

Forex Technicals: The Day Ahead, October 1 (Daily FX)

While multiple counts are still valid in the EURUSD, the GBPUSD count has cleared up. There are good opportunties in this pair to start October. There remain a number of possibilities. While not clearly an impulse, the decline from near 1.49 is deep and accelerating.

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30th September 2008

Forex Technicals: The Day Ahead, October 1 (Daily FX via Yahoo! Finance)

While multiple counts are still valid in the EURUSD, the GBPUSD count has cleared up. There are good opportunties in this pair to start October.

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30th September 2008

(AFX UK Focus) 2008-09-30 15:57 FOREX-Euro falls 2 pct vs dollar; rescue bill expected (Interactive Investor)

NEW YORK, Sept 30 (Reuters) - The euro fell 2 percent against the dollar on Tuesday as investors expressed optimism that U.S. lawmakers will reach a deal on a $700 billion financial rescue plan rejected on Monday. In morning trading, the euro dipped as low as $1.4119, down just over 2 percent from the prior New York close.

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30th September 2008

FOREX-Dollar gains 3 pct vs Swiss franc (Reuters via Yahoo! Singapore News)

NEW YORK, Sept 30 (Reuters) - The U.S. dollar gained 3 percent against the Swiss franc on Tuesday as investors expressed optimism that U.S. lawmakers will reach a deal on the $700 billion financial rescue plan rejected on Monday.

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30th September 2008

FOREX-Dollar gains 2 pct vs yen; rescue bill expected (Reuters via Yahoo! Singapore News)

NEW YORK, Sept 30 (Reuters) - The U.S. dollar gained 2 percent against the yen on Tuesday as investors expressed optimism that U.S. lawmakers will reach a deal on a $700 billion financial rescue plan rejected on Monday.

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30th September 2008

ECB Gold Reserves -14 Million Forex +EUR19.5 Billion In Week To Sep 26 (Nasdaq)

FRANKFURT -(Dow Jones)- The Eurosystem’s reserves of gold and gold receivables decreased EUR14 million to EUR208.111 billion in the week ended Sept. 26, the European Central Bank said Tuesday.

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30th September 2008

FOREX: Ringgit Higher Against US Dollar At Close (Bernama)

KUALA LUMPUR, Sept 30 (Bernama) — The ringgit rebounded to close higher against the US dollar Tuesday as the greenback lost its attraction in global markets, dealers said.

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