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Forex Strategy Outlook: US Dollar Downtrend Favors Momentum Strategies
Continued declines in forex market volatility expectations point to small currency movements in the weeks ahead. Yet a continued US Dollar downtrend suggests that key pairs may continue to set fresh lows and highs.
Read more on Daily FX via Yahoo! Finance
Forex settlement volumes slips in July – CLS
LONDON, Aug 10 (Reuters) – The average number of daily foreign exchange payment instructions fell slightly in July from June, easing further from a record high hit in May, data from FX settlement system CLS Bank showed on Tuesday.
Read more on Reuters via Yahoo! Philippines News
July forex reserves down by 0M
The country’s forex reserves in July was 0 million lower than the previous month’s level on the back of declining price of gold in the international market, Bangko Sentral ng Pilipinas (BSP) said.
Read more on Malaya
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