forex forum

[ben_young74]

Hi admin,i have an opinion,how if you open a forex forum?
so every kinds of businesses that related to forex will be posted right there.
Thank you.

[divinagwapa]

I think that would be a good idea and there will be a section where newbies will be taught how to successfully trade through forex.

[rizwan]

thats a good idea,this will help newbies to trade safely

[LF adviser]

Hello dear participants of the dialogue.
I'm the official representative of the company LiteForex. My name is Dmitry. With the permission of administration I would like to head Forex-section at your forum. It is possible?

[eley]

Hello ben_young74
Thanks for the post.
We will consider your suggestion.

[Hunter000]

hmm forex. doesn't seem bad to me. will put under my construction list. thanks for the suggestions. in the mean time you can invite some friends here. will let you know once the forex section is ready

[eley]

Forex trends: Japanese yen recovered following the results of G-20 Summit talks

The Japanese yen recovered from new multi-month lows against its major rivals during Asian deals on Friday. That was a result of the fact that Japanese stock market opened higher and is trading in positive territory Friday morning, taking the cues from Wall Street where the major indices rose for the third consecutive day on the expectations that the global economy is likely to turn to the way of stabilization, reassured by G-20 Summit. Thus the benchmark Nikkei 225 Index opened at 8,814 against its previous close of 8,720, thereafter it was trading at 8,765, that is up 45.43 points, and the broader Topix index of all First Section Issues showed 9.85 points growth - to 837.

The Japanese yen tumbled to a new multi-month low of 135.02 at 8:20 pm ET against the single currency, down from 134.01 Thursday close level. Thereafter, the yen recovered and climbed to 133.91. The next upside target level for JPY/EUR pair was seen around 128.5. On Thursday the European Central Bank lowered its key interest rate by 25 basis points to a new low of 1.25%, defying expectations for a larger reduction of 50 basis points.

The Japanese currency set the lowest point since November 4, 2008 against the US dollar, depreciating to 100.19 value during early Asian deals on Friday. However, after that yen reversed its direction and climbed to 99.75 against USD with 97.4 seen as the next target level.

Against the British pound yen dropped to 147.90 at 8:20 pm ET, setting the lowest point since November 27, 2008. Thereafter, the yen reversed its direction and touched 146.15 against sterling, compared to 146.60 hit late New York Thursday. The next target level for JPY/GBP pair was seen around 141.8.

The Japanese yen also recovered against the Swiss franc during early Asian session, reaching 87.55 point at 10:20 pm ET, moving up from the new multi-month low of 88.38. In case yen recovers further it would touch 85.9.

[citracool]

great idea..
waiting for admin announcement...

[LF adviser]

Originally Posted by Hunter000

hmm forex. doesn't seem bad to me. will put under my construction list. thanks for the suggestions. in the mean time you can invite some friends here. will let you know once the forex section is ready

Without fail inform when will make section. I will wait.

[Mikhail Kurakin]

Is Forex the section ready?