Stiff Upper Lips and Large Rate Cuts
The positive reaction by the U.K. pound in relation to the euro, after both central banks reduced interest rates overnight, suggests a different outlook among foreign exchange investors. Among the major forex markets ... more,” says Ulrich Leuchtmann, head of forex research at Commerzbank in Frankfurt, Germany [more...]
Date: 2008-11-06 15:51:31
Blog posts
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Videos
(33)
Red Hat Shares Rise as Q3 Profit Beats
Linux software vendor Red Hat (RHT) is jumping after hours following better-than-expected profits ... estimate of $166.4 million, however net income per share, excluding the cost of options, was 24 ... reduction to operating expenses thanks to foreign exchange rate changes, which offset the forex [more...]
Date: 2008-12-22 12:28:00
Forex theory and practice
In class last week we discussed exchange rate determination, prefaced by the recent relationship between pound sterling and the Euro ... has fallen is the looming recession and historically low interest rates. Although I think that exchange ... about the euro area’s prospects led foreign-exchange dealers to factor in an early cut in European interest [more...]
Date: 2009-01-11 17:30:42
Red Hat Soars on Upbeat Q4 Forecast; Forex Prominent
On a conference call with analysts last night following a better-than-expected Q3 report, Linux operating system vendor Red Hat (RHT) ... exchange rates, noting that the company lost about $7 million last quarter because of the rise ... baked in analysts’ models given what it called “significant” foreign exchange rate fluctuations [more...]
Date: 2008-12-23 15:35:13
Daily Forex Overview
Previous session overview On Wednesday, the dollar declined versus the euro after the Federal Open Market Committee voted to keep interest rates unchanged and the foreign exchange market concluded that it gave no signal of a near-term rate hike. After a two-day policy meeting in New York, U.S. Federal Reserve Chairman Ben Bernanke largely [more...]
Date: 2008-06-26 07:55:00
Accenture FY Q1 Tops Ests; But Cuts Guidance On Forex
Accenture (ACN) this afternoon posted revenue for its fiscal first quarter ended November 30 of $6.02 billion, ahead of the Street at $5 ... foreign-exchange rates would have a negative impact of 8%-10% versus the year ago quarter ... its forward guidance to reflect a revised outlook for exchange rates. For FY Q2, the company sees [more...]
Date: 2008-12-18 12:57:00
Make Billions In The Forex Market By Trading Intelligently
by Rod Soto Foreign exchange market involves transactions of currencies of different countries ... of one countries currency in exchange for paying a quantity of another countries currency or between two ... . Every small and big factor from nook and corner of the world effects currency exchange rates which [more...]
Date: 2009-01-08 12:37:54
Is Forex too Risky to Invest In?
by Alan Ruffalo Have you ever thought about exchanging foreign currency to make a profit ... % automated. Tell me it is not a great feeling to deposit some money in an account and have software ... it where there is actually money to be made, in currency exchange rates. Can you find a stock trading [more...]
Date: 2009-01-08 01:25:54
The Complete Guide to Currency Trading & Investing: How to Earn High Rates of Return Safely and Take Control of Your Investments
Click to LOOK INSIDE ! Click to LOOK INSIDE ! ... currency for another country's currency. The foreign exchange (Currency or Forex or FX) market [more...]
Date: 2008-12-29 17:10:01
Free Daily Forex Advice Brings You the Forex Intro
The foreign exchange market, also known as forex, is a financial area where people are making huge amounts of money everyday ... . Forex trading is always conducted in pairs so , for example, if the EUR/USD rate was 1.3873 ... it is very fast moving and uncontrollable. Many people will look to buy into forex managed accounts [more...]
Date: 2008-12-20 03:45:00
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