Loyalmart

forex

Your free resource guide for forex. Get free news on forex daily.

What is hedging as it relates to forex trading? (Investopedia)What is hedging as it relates to forex trading? When a currency trader enters into a trade with the intent of protecting an existing or anticipated position from an unwanted move in the foreign currency exchange rates , they can be said to have entered into a forex hedge . By utilizing a forex hedge properly, a trader that is long a foreign currency pair, can protect themselves from downside ...

What is an overnight position in the forex market? (Investopedia)What is an overnight position in the forex market? Overnight positions represent all open long and short positions that a forex trader possesses as of 5:00pm EST, which is consider the end of the forex trading day.

RBI buying more bonds with forex reserves (The Economic Times)The Reserve Bank of India has increased the ratio of its rising foreign exchange reserves invested in foreign bonds but has cut deposits held with foreign banks, it said in its half-yearly report.

Auto firms` profit may be hurt by costs, forex losses (Business Standard India)India's four-wheeler sector may post a flat profit growth in the first quarter due to a rise in input costs. The cost of automobile steel, which constitutes about 40 per cent of the total raw materials, rose by more than 25 per cent during the three-month period.

Excellence getting out of hedge fund, forex business (Haaretz Daily)The Tel Aviv-based brokerage Excellence has closed down its forex operations and hedge fund, GEAM. The forex services had been supplied through a subsidiary, Excellence Global Markets. GEAM had invested in emerging markets.

Forex kitty rises Mumbai, July 19: (The Telegraph)The country’s foreign exchange reserves rose $123 million for the week ended July 11 to $ 308.52 billion. Data from the Reserve Bank of India showed that while foreign currency assets rose $125 million to $298.78 billion, reserve position in the IMF came down $2 million to $515 million.

Forex options market held clues to dollar's moves this week (Market Watch)SAN FRANCISCO (MarketWatch) -- Investors who were paying attention to the currency options market this week knew the dollar could be poised for a turnaround after its fall to a new record low against the euro.

China to regulate forex inflow (China Daily)BEIJING -- China will further strengthen management of foreign investment projects and check foreign exchange inflow in a bid to better control it, according to the country's top economic regulator.

FOREX: Ringgit Likely To Be Higher Against The US Dollar Next Week (Bernama)KUALA LUMPUR, July 19 (Bernama) -- The ringgit is expected to be higher against the US dollar next week on steady commercial demand for the local unit, dealers said.

Forex reserves up $123 mn (Business Standard India)India's foreign exchange reserves have gone up by $123 million in the week ended July 11, according to Reserve Bank of India data. The rise has come after a series of declines on the back of change in currency values and inflows.