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LATEST NEWS AND UPDATES
Last Update: 3:26pm
Russia c.bank says scraps forex recommendation (Reuters via Yahoo! Singapore News)
MOSCOW, July 2 (Reuters) - Russia's central bank said on Thursday it was scrapping its recommendation for commercial banks not to increase net foreign currency assets from the third quarter due to the stabilisation of the forex market....
Forex Seasonality: Canadian Dollar and Japanese Yen May Decline in July (Daily FX via Yahoo! Finance)
Forex trading market seasonality is an effect widely studied as a primary mover of major currency pairs, as long-term studies suggest that certain seasonal patterns may be able to predict forex price moves....
Forexpros Now Offering Technical Indicators and Buy/Sell Signals for Forex Traders (PRWeb via Yahoo! News)
Forexpros, the leading financial website for the Foreign Exchange (Forex) market, announces the release of its in-depth technical indicators data....
Forex Options Weekly Forecast (Daily FX)
Forex options markets show that professional traders remain remarkably indecisive, and the lack of clear-cut sentiment on the US Dollar makes it difficult to set short-term expectations with any sense of certainty. More medium-term to longer-term options broadly favor US Dollar weakness....
Forex Range Trading Continues For Now (Daily FX via Yahoo! Finance)
Unfortunately, overnight trading provided no clarification in terms of direction for the US dollar. The EURUSD remains in a tight range although a drop below 1.4000 would give scope to an eventual test and break of 1.3750....
QUOTES AND MARKET OVERVIEW
DOW 15.12 -0.86
ORCL 21.04 -0.70
MSFT 23.37 -0.67
INTC 16.72 -0.32
YHOO 14.99 -0.42
GOOG 408.49 -10.50