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Dollar Forecast Dependent on Testimony from Fed?s Bernanke Euro Traders Growing Critical Of Growth And Interest Rates Japanese Yen Locked to Global Risk Sentiment as Markets Digest G7 British Pound May Not Be The Only Currency Responding To 3Q GDP Swiss Franc to Hold Ground as Financial Uncertainties Linger Canadian Dollar Could Slump on Bank of Canada Rate Cut, Easing CPI Australian Dollar …

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Mumbai, Oct. 17 The country’s foreign exchange reserves fell by around $10 billion, probably the biggest fall in a single week. According to figures released by the RBI on Friday, forex reserves fell by $9.937 billion to touch $274.004 billion for the week ended October 10.

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Islamabad, Oct 17 : Pakistan Finance Ministry has said that it is left with only 2.48 billion dollars of net forex reserves, which, according to it, were barely enough to cater to the needs of one-and-a-half month of imports.

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Our proprietary forex trading signals have just recently bought the British Pound against the US dollar—forecasting that the GBPUSD will rally through near-term trade.

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Our proprietary forex trading signals have just recently bought the British Pound against the US dollar?forecasting that the GBPUSD will rally through near-term trade. Indeed, the “Breakout2″ trading system bought the GBPUSD at 1.7348 at 20:08 GMT.

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DailyFX+ System Trading Signals – Breakout trades have predictably performed well through recent forex trade through tremendous currency volatility, and forecasts for similarly sharp price moves in the week ahead leaves our bias towards these volatility-oriented trades.

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The ongoing financial market crisis has made for tremendously volatile conditions in global forex markets, and our volatility-oriented forex trading signals have outperformed through record price movements.

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USDCHF – Our forex trading indicator currently forecasts that the USDCHF may rally through the near term. The ratio of long to short positions in the USDCHF stands at -1.40 as nearly 58% of traders are short. Yesterday, the ratio was at -1.59 as 61% of open positions were short.

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EURUSD – Our Forex positioning indicator forecasts that the Euro/US dollar may gain through near-term trade. The ratio of long to short positions in the EURUSD stands at -1.01 as nearly trader positioning is effectively neutral.

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NEW DELHI: NIIT Technologies has suffered a forex loss of Rs 8.5 crore during the July-September quarter, which pulled down its operating margin to 18 per cent from 19 per cent in the same quarter a year ago.

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