What The RBI Hopes To Achieve By Extending Forex Trading Hours


An internal working group of the Reserve Bank of India has proposed longer trading hours for the foreign exchange markets, as a way to counter the growing influence of offshore markets.The draft re ...

FOREX-Rate cut bets keeps dollar on track for biggest weekly drop in three weeks


The single currency was flat at $1.1258, below an intraday high of $1.1275 in early London trading. Story continues Market attention ... testimony was overdone," said Masafumi Yamamoto, chief forex ...

RBI wants to extend forex trading timings to bring more global players


The Reserve Bank of India (RBI) is proposing to increase timings for forex trade to bring in more overseas participants. If timings are extended, Indian trade markets will be able to sync better with ...

Non-Farm Payrolls trading: Seven top tips every forex trader needs to know


The US Non-Farm Payrolls is the No. 1 event on the forex calendar. The volatile nature of the reaction requires a special response. Here is what you need to know before jumping on a trade on the first ...

FOREX-Dollar dips to one-week low; U.S. inflation rise has little impact


The Fed chief was giving a second day of testimony to members of Congress on Thursday. In mid-morning trading, the dollar index slipped 0.1% to 97.039, after earlier falling to a one-week low. The ...

Forex Daily Recap – Sharp Pullbacks Pushed USD/CNY pair Below 50% Fib Level


This GDP data seemed to help the pair keep the uptrend intact. The Greenback showcased an overall weak performance on Wednesday's trading session. The downtrend in the US Dollar Index got triggered in ...

FOREX-Dollar falls to five-day lows after Powell's comments


which rose 0.2% in early London trading. Latest positioning data showed that hedge funds had built up a large short position in the Australian dollar in recent weeks because of the trade tensions ...

POSCO Launches an Innovative Trading Platform for Crypto and Forex and a New Trading Education Academy Courses for Aspiring Financial Traders


Tokyo, Japan – July 2, 2019 – POSCO Network, built by a combination of deep-rooted industry and technology experts is pleased to announce the launch of its next-generation trading platform for passive ...

Forex Today: USD struggling to recover, trade tensions intensify, and oil surges


All risks, losses and costs associated with investing, including total loss of principal, are your responsibility. EUR/USD is trading above 1.1250, up on the day. Upbeat US inflation limited the ...

FOREX-Dollar slips to 1-week low, little impact from U.S. inflation rise


July's U.S. rate cut view still intact - analysts * Graphic: World FX rates in 2019 http://tmsnrt.rs/2egbfVh (Adds comment, updates prices) By Gertrude Chavez-Dreyfuss NEW YORK, July 11 (Reuters) - ...

FOREX-Dollar at five-day lows before U.S. inflation data


Uncertainty prompted some investors to unwind short positions against some heavily shorted currencies, such as the Australian dollar, which rose 0.2% in early London trading. Latest positioning data ...

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