trader forex

Thu, 23 Feb 2012 06:33:11 GMT

FOREX-Dollar off 7-mth high vs yen on profit-taking
Reuters UK
In the near-term, the dollar may be poised for a bit of a pullback, said a trader for a major Japanese bank in Tokyo. "Timing-wise, I think the rally may be about to end for now, although it's hard to say at what level it will stop," he said.

Thu, 23 Feb 2012 05:08:29 GMT

Forex: USD/CNH on sideways phase; regains 6.3000
NASDAQ
"The pair is set to be rangebound at least for the first quarter, as transactions are thinned" by expectations of slower yuan appreciation this year, says a senior trader at a Chinese bank cited by Dow Jones, adding that "the pair has entered a ...