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Our forex trading signals have had fairly mixed results as of late, as unpredictable market conditions hurt the viability of key trading strategies. Early-week breakouts in key currencies made our range trading strategies initially unprofitable, but a quick reversal of fortunes had range strategies as relative outperformers on the week’s close.

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Our forex trading signals have had fairly mixed results as of late, as unpredictable market conditions hurt the viability of key trading strategies.

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Affirming it status as the leading online foreign currency trading firm, Advanced Currency Markets (ACM) was named the Best Forex Broker in the Middle East at the recently concluded Banker Middle East awards held at the Emirates Towers in Dubai.

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* Dlr falls, euro up on report of US govt taking Citi stake

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By Charlotte Cooper

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Asian finance officials agreed in principle on Sunday to expand a currency swap agreement to help bolster their currencies in the global economic crisis.

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Asian finance officials agreed in principle on Sunday to expand a currency swap agreement as a way of bolstering their currencies at a time when some are coming under pressure because of the global economic crisis.

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The dollar extended the losses that emerged late Friday in NY, with USD weakness in Asia fueled by the WSH report that the U.S. government was mulling taking up to a 40% stake in Citigroup.

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FXstreet.com (Barcelona) – The Dollar advanced on a strong pace against most currencies last week, the Yen was one of the losers, since Feb 12, USD/JPY has appreciated from 89.82 to a maximum level of 94.47 last Friday, for the first time in some months the Yen did not benefit from a climate of widespread risk aversion.

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All major markets including the Bombay Stock Exchange (BSE), the National Stock Exchange (NSE), FOREX, Money, Bullion and Oilseeds remained closed today on account of “Mahashivratri”.

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