Forex Trading News

FOREX-Dollar boosted by Obama stimulus, ECB rate cut viewMonday, January 5, 2009 @ 2:34PM* Dollar hits 3-week high vs euro

HK shares gain 3.1 pct to finish at 4-wk highMonday, January 5, 2009 @ 8:37AMHONG KONG, Jan 5 (Reuters) - Hong Kong shares rose 3.1 percent to a four-week high on Monday spurred by a rally on the Shanghai bourse, while recovering turnover sent shares in bourse operator Hong Kong Exchanges & Clearing soaring.

Short-Term Forex Technical Outlook: EUR/CHFMonday, January 5, 2009 @ 8:14AMThe EURCHF has held a broad range over the past three months of trading, and the pair is likely to face increased selling pressures over the near-term as market participants expect the European Central Bank to ease policy further in 2009.

Satyam dips 4% amid merger talks; HCL, MindTree move upMonday, January 5, 2009 @ 7:28AMMUMBAI: IT major Satyam Computer on Monday dipped as much as four per cent on the bourses amid reports that its management and institutional investors are exploring a merger with another software company.

Turkey - Factors to Watch on Jan 5Monday, January 5, 2009 @ 7:05AMISTANBUL, Jan 5 (Reuters) - Here are news stories, press reports and events which could affect Turkish financial markets on Monday. The lira was trading at 1.5275 against the dollar on the interbank market early on Monday compared with a close of 1.5395 on Friday.