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Cutting edge up to date Forex info

Poll: Do you want Free up to date (level 1) forex info?
Yes please
No thanks
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Cutting edge up to date Forex info
abishop Offline
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Post: #1
Cutting edge up to date Forex info

For some time I have been updating the forum with stock market information as it comes my way, fortunately I am in a position to get the latest market data (level 1).

I have now taken on another position as company treasurer (as well as stockbroking) dealing primarily in Forex conversions and forex trading. As such i have level 1 access to forex info.

The following poll is to see whether people would like to have up to date info as and when i am able to post.

If there are enough respondents I will begin posting. I understand some like to be hidden so the poll will not show respondents.

This poll is also on DailyTalk's other forum PrivateHYIP.

Alan


£300+ a month virtually risk free - Markets Mastered
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10-28-2008 04:57 PM
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Coffee Break Offline
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Post: #2
RE: Cutting edge up to date Forex info

Quote:The following poll is to see whether people would like to have up to date info

Congratulations on taking on the treasury position Alan, the up to date forex info would be beneficial for members that are into forex or are just starting out in forex, it will become a valuable resource for our members

Do we have any members interested in forex here?

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10-29-2008 01:02 AM
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abishop Offline
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Post: #3
RE: Cutting edge up to date Forex info

This is the type of info you will be getting

The yen climbed on Wednesday after suffering one of its biggest ever drops against the dollar the previous day, with market players saying the slide on Bank of Japan rate cut expectations and rebounding stocks had gone too far. Reports the Bank of Japan could cut interest rates this week sparked a hefty stock market rally and a recovery in investors' appetite for risk. But financial markets remained very volatile; with the Nikkei share average moving in a wide range before ending up 7.7 percent. Japan's central bank is considering cutting rates from the already low 0.5 percent at Friday's policy meeting, a source told Reuters, just as the Federal Reserve is expected to slash rates later in the day as central banks grapple with a darkening global economic outlook.

The Federal Reserve is widely expected to cut interest rates by at least a half-percentage point on Wednesday in yet another move to turn around the credit crisis that is threatening the United States with a deep and prolonged recession.

Asian currencies pared early gains on Wednesday as fears of global recession overshadowed optimism that major central banks would cut interest rates further to contain the damage from the financial turmoil. David Mann, a currency strategist at Standard Chartered Bank, said he expected Asian currencies to get some brief respite but there was no sign of a quick end to their weakness. "We expect to see many false dawns in this global crisis," he said.

The Philippine peso pulled back to 49.14 per dollar, virtually flat from Tuesday's close, after briefly rising to 48.80 amid a region-wide rally spurred by surging stock markets.

The Australian dollar gave up some of its offshore gains on Wednesday as concerns about a global economic downturn returned to dog investors, prompting many to sell. By 4:15 p.m. (0515 GMT), the Aussie had eased to $0.6363 against the U.S. dollar, off a session high of 0.6532, but still 3.7 percent higher that the $0.6125 late here on Tuesday. The Aussie also retreated against the Japanese yen, falling to 61.43 yen from a high of 64.77 yen as investors unwound some of their carry trade positions.

The Taiwan dollar rose on Wednesday, extending the previous session's advance as investors squared their long U.S. dollar positions, while others took cues from local stock market gains after a Wall Street rally. The Taiwan dollar hit a high of T$33.283 to the U.S. dollar minutes after the open, and stood at T$33.310 by 0217 GMT, stronger than the previous close of T$33.438. Volume on the main Taipei Forex Inc exchange was $269 million after an hour and 15 minutes, lower than $325 million during the same period a day earlier. "Some offshore investors were selling U.S. dollars and interbank dealers were squaring their U.S. dollar positions after buying the U.S. currency for days," said a dealer in Taipei.

Sterling cut earlier gains against the dollar on Tuesday as a rally in European shares lost momentum, renewing concerns that investors would return to shedding riskier assets and dump higher-yielding currencies. While the pound was still well above recent six-year lows, it remained under pressure against major currencies on the back of a sharply deteriorating domestic economy.

The Canadian dollar rallied off a four-year low to close slightly higher versus the U.S. dollar in a choppy session on Tuesday during which investors flocked to the currency as equity markets rallied.

Alan


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10-29-2008 08:42 AM
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abishop Offline
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Posts: 981
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Post: #4
RE: Cutting edge up to date Forex info

Thanks Phil, I was hoping to gain a better response! only 1 member voting out of 102 hits!

If any are interested in level 1 forex data before it hits the press then please do vote. I update the threads when i am at work which takes some time to do and if there is no demand then the info will go to waste, something i certainly do not want.

The poll is strictly annonymous and your username will not show, i set it this way in the hope that more people will vote.

Alan


£300+ a month virtually risk free - Markets Mastered
- LSTrader -
10-29-2008 09:47 PM
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