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Investing: Stocks & Currencies

06.21.08: Commodity Forex Online Trading - forex trading at its best

by Jacob Eskena
Boasting sales of around two thousand million dollars daily, the Commodity Forex Online Trading market is the single and biggest financial trading instution worldwide. Also known as Forex, the Commodity Forex Online is referred to as FX, Spot FX or even Spot.
Ever wondered how big the Commodity Forex Online Trading market is, be [...]

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06.22.08: Stocks drop as credit woes continue

By MADLEN READ
NEW YORK (AP) — Stocks tumbled Friday on escalating worries about the financial sector and rebounding oil prices. The Dow Jones industrial average sank more than 120 points.
Merrill Lynch — which slashed earnings estimates for regional banks Friday — was the target of market rumors that it may issue its own [...]

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06.21.08 Canada’s Dollar Poised for Biggest Gain in a Month on Rate

By Haris Anwar
June 20 (Bloomberg) — Canada’s dollar is poised for the biggest weekly gain in more than a month amid speculation that accelerating inflation will prevent the central bank from cutting borrowing costs this year.
Bank of Canada Governor Mark Carney said last night in Calgary policy makers won’t be “complacent,” even if it [...]

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06.21.08: China yuan hits new high against US dollar

By ELAINE KURTENBACH
SHANGHAI, China (AP) — The Chinese yuan gained against the U.S. dollar on Wednesday, hitting a fresh high as American and Chinese officials resumed talks centering on trade and other strategic issues.
Washington wants Beijing to loosen controls on currency trading and allow the yuan’s rate to set by market forces. U.S. [...]

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06.20.08:Dollar May Fall Versus Euro on Bets Fed to Delay Rate Increase

By Ye Xie
June 20 (Bloomberg) — The dollar may decline against the euro on speculation the Federal Reserve will delay increasing borrowing costs as the U.S. economy shows few signs of recovery.
The greenback has traded in a range of $1.53 to $1.56 per euro after last week’s 2.5 percent gain, the biggest since 2005. [...]

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