Posts Tagged ‘Investors’

Euro rose against dollar with euro debt crisis and pressure on ECB

Posted by Tushar Mathur on November 20th, 2011

On Friday the euro has rosin against the dollar however few days back it was 5 week low against both the dollar and yen. However, the traders were not aware of its rise anyway. The fear of euro was intensifying before a week and it is not anymore. The investors who had their bet on this single currency “euro” have been unwounded and they have their profits in hands.

The thirst to sell the upticks has been increased with the debt crisis in the euro zone. Pressure is been resting upon the ECB (European Central Bank).

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Swiss franc hovers low against dollar

Posted by Tushar Mathur on November 14th, 2011

On Friday forex trade the Swiss franc lowered against dollar. However it has previously moved inch by inch down and finally reached this stage. It had hovered about one month low against the greenback dollar. Nevertheless the intensive worry is that the Europe future is more attracted towards the dollar and it tends to make this dollar more attractive in the market.

To limit on the Swiss franc’s appreciation the SNB (Swiss National Bank) set a cap for the Swiss franc against the euro on the month of September. However the hovering movement and ups and downs of the franc and dollar was closely noticed and they were highly compared with that of the euro vs dollar.

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Euro: Gains are volatile and increasingly vulnerable

Posted by Tushar Mathur on October 22nd, 2011

Euro on Friday seems to poses some gains and however they clung towards that gain and that seems to be volatile with overnight trade. They also seem to be increasingly vulnerable and the European leaders remained about the weekend submission about the regions debt crisis which would be their major part.

After its low on the early of the October month, which is their nine month low it seems to regain from that and last at $1.3786. There seems to have a better yields and safer zones for traders and other European countries because of German bonds.

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Broadly stable against euro and dollar: Swiss franc

Posted by Tushar Mathur on August 29th, 2011

On Friday investors of Swiss franc were much awaiting on the key note that was given by US Federal Reserve and the chairman was Mr. Ben Bernanke on the third round of quantitative easing. However the stability of the Swiss franc against euro and dollar was declared on Thursday themselves.

At New York close the Swiss franc value against euro was 0.1% lower than the normal. The Swiss franc was traded for about 1.1482 per euro on Thursday at 06:52 in the Greenwich Mean Time (GMT). Tight ranges at the local demand at the market have however reflected in trading forex market range, traders said.

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Kenya shilling edged up and peak tourism season

Posted by Tushar Mathur on August 2nd, 2011

On the Monday forex trade the Kenya shilling firmed high against dollar. The cause for this high is that the dollars has been reduced among the traders. The currency would get their support from the tourist as the tourism season has been started and it would extend for a month, so that the Kenya shilling will be steady high for at least four weeks.

On the close of Friday trade the Kenya was at 91.10 to 91.20 however at the opening and close of the Monday forex it was at 90.90 to 91.10. The statement about the firmer Kenya against dollar was produced by the commercial banks.

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Yuan is marginally lower against dollar

Posted by Tushar Mathur on July 3rd, 2011

The People’s Bank of China has fixed the record high midpoint value for Yuan despite of this still the Yuan is slightly and marginally low against dollar at the close of the trade on Friday. However from the point of view of the investors and dealers feel that the Yuan will rise sometime in the upcoming months. In the year 2001 Yuan has received great sort of appreciation and dealers awaits the same in 2011.

Falling of global commodity prices are very great tread to china in lowering their currency value. Adjustment or alternative would help Yuan to rise.

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Aussie dollar now at relief rally

Posted by Tushar Mathur on June 2nd, 2011

Aussie, the Australian dollar is now at the stress free rally on the trade on Wednesday. The kiwi is also relaxed as they have seen their heights in recent days and developed a little from their lows. Aussie is now much scared to trade or has any contracts as they showed up their economy status. They showed that their GDP (Gross Domestic Product) is 1.2% in the mid of the march.

Before three weak when we look at the values of the Australian dollar it was at $1.0757 which is considered to be the peak value and that was set as reference on Tuesday whereas on Wednesday it was at $1.0751.

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Impact on inflation fight has higher the Yuan rate against dollar

Posted by Tushar Mathur on April 8th, 2011

Yuan value has been marked at the record high against the dollar range at the trade on Thursday. It was marked to be fourth day for recording the higher values by the people’s bank of China. According to the view of traders and investors they expect the high range Yuan value could help them in fighting their economy against inflation.

China government on Wednesday announced that it would raise the price of diesel and other gasoline for about 5% to 5.5% so as to face the inflation threats. They announced this decision by looking into the trading value on Wednesday and this raise will be effective from Friday.

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Kenya shilling is barely steady against dollar

Posted by Tushar Mathur on March 21st, 2011

Shilling rate on the close on Friday was at 84.55/65. At the opening of today’s trade (Monday), the commercial bank estimated its value to be at 84.50/60. Investors had a deep breath and a close look to see whether the shilling is moving to have a sharp strengthening period over the dollar.

Many of the major currencies are already little higher than the dollar value. On March 15 as estimated report says the shilling reached to its all time low value of 86.70/80 per dollar. Central bank has therefore planned to have regular report on the activities of the shilling.

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Swiss National Bank interest rate decision moved Swiss franc higher

Posted by Tushar Mathur on March 20th, 2011

The value of Swiss franc has reached high due to the rate interest decision made by Swiss National bank. Due to the crisis that took place in Japan, both investors and traders were must worried about the trade market. And so considering this factor the rate interest decision was made by the SNB.

National bank announced that they will be discussing about its rate interest and growth inflation rate at countries. They strongly said that it would be helpful for the growth of the country and its economy. According to the view of 37 economists they feel that the SNB should retain their LIBOR unchanged for the same percent (0.25%) as the inflation is too low.

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Drop against euro and dollar: Swiss franc

Posted by Tushar Mathur on March 8th, 2011

On the Tuesday trade, they estimated that the Swiss franc has been dropped against the value of both euro and dollar. Muammar Gaddafi, Libyan leader reported that the investors and traders have now got a no belief idea at the values and so they are trying to be away from investing in Swiss.

Brent crude prices have been slipped on the Monday trade from $115 and so European was at the stage facing the loss. However, on Tuesday they regained from their losses, leader added to his report. As the point of economist the factors that decide the forex markets are many and the major role is given for politics.

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Belle Corporation To Head Back North

Posted by Tushar Mathur on February 9th, 2011

In the Philippine, Stock Exchange BEL or Willy Ocier-led Belle Corporation was one of the top stories among the domestic stock market last year. Belle Corporation was actually a sleeper during the first half of last year (2010). It was only trading around a PHP of 1.80 in the month of July before it moved to north. From the month of August to the December of 2010, it had a rise from PHP 1.85 to PHP 4.60.It didn’t stop there as Belle Corporation  continued to move higher in the first month of 2011 and on 19th of the same month, it reached a high PHP of 6.49.

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Be Aware of Market Mechanics in Forex Trading

Posted by Diya Sen on January 10th, 2011

Making money and getting rich as fast as possible is the new age mantra. So is the need to be successful in Foreign Exchange trade. But before that one needs to know and be aware of the certain things. It is true that unlike other forms of financial trading, trading in foreign exchange entails, great liquidity, a non step market functioning, speedier functions amongst others. With its speed being the main essence, investors feel that forex provides a great opportunity. However, to be successful, one needs o be aware of the following?

Knowledge of the market: It does not help to simply jump into the market and start trading.

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Australian Dollar Pare Losses on Inflation

Posted by admin on January 26th, 2010

The Australian dollar managed to gain versus lower-yielding currencies before a report to be released this week in the country is likely to show an advance in inflation in the last year’s last quarter, helping speculations that a series of interest rates in the country will restart. The Aussie rebounded after losing versus most of lower-yielding currencies last week as risk aversion remained predominant in majority of trading hours. Investors in the South Pacific region are waiting an inflation report to be released on Jan 27th expecting positive numbers as forecasts suggest an advance for the country’s prices in the last quarter of 2009, which would provide grounds for a new series of interest rate hikes by Australian policy makers.

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Dollar Benifits From Chinese Lending Requirements

Posted by admin on January 21st, 2010

The dollar gained today versus most of the 16 main traded currencies as China tightened its lending restrictions, raising risk aversion in foreign-exchange markets affecting high-yielding currencies the most, as investors search for safer bets. The U.S. currency continue yesterday’s advance as risk aversion coming from Asia is still playing a major role in market sentiment this week, and the safety provided by assets in the country became one of the best options for these turbulent trading sessions. The euro was one of the biggest losers versus the dollar touching the lowest rate in 2010 today after International Monetary Fund officials affirmed that Greece’s situation is serious, once again making the Southern European nation to affect the outlook for the bloc’s single currency.

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