DGCX launches currency futures trading - all about forex trading amazon

DGCX launches currency futures trading ~ all about forex trading amazon

Trading in currency futures commences tomorrow, Monday 12th June 2006 on Dubai Gold and Commodities Exchange (DGCX).

This is the third product to be launched on the DGCX after Gold, (November 2005 at launch) and Silver (March 2006).

From today, DGCX brokers will be able to trade Euro/US Dollar, Yen/US Dollar and Sterling /US Dollar contracts with other contracts coming on line over time. Each of these currencies will have four forward months contracts maturing in March, June, September and December. The contract size for Euro/USD and Sterling/USD will be 50,000 while the contract size for Yen/USD will be 5,000,000.

DGCX continues to develop apace with the existing contracts achieving phenomenal growth. In the most recent market update, DGCX confirmed that Gold futures volumes grew by 54% from April to May, reaching a staggering 62,139 Kilos. These figures include a highest ever daily traded volume of 6062 contracts on 15th May.

With commodity markets in the middle of a major bull run, the introduction of a diverse range of commodities on DGCX, offers an ideal platform for market participants to trade all the products on a single exchange platform. The Exchange plans to introduce futures contracts on steel and marine fuel oil in the fourth quarter of 2006.

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Investors nervous about rates - forex trading jobs at home

Investors nervous about rates ~ forex trading jobs at home

Stocks were mixed in early trading Thursday as investors eyed sinking oil prices and a selloff in stock markets overseas.

The Dow Jones industrial average (down 15.05 to 10,915.85) and the broader Standard & Poors 500 index (down 0.75 to 1,255.40) both hovered around the breakeven about a half hour into the session.

The Nasdaq composite (down 6.27 to 2,145.53) lost 0.5 percent.

The European Central Bank hiked its key interest rate a quarter percentage point at its meeting in Madrid Thursday, in line with forecasts of economists, sparking concerns about rising global interest rates.

Asian markets ended lower, with Japans benchmark Nikkei index tumbling 3 percent, and European shares were lower in early afternoon trading.

Oil prices sank for the third straight session Thursday on news of the death of Abu Musab al-Zarqawi, the leader of al Qaeda in Iraq.

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News About The Chinese Yuan - forex trading account best

News About The Chinese Yuan ~ forex trading account best

Certainly the recent changes in the value of the Chinese Yuan are going to upset the markets for a few days and force people to re-evaluate their trading strategies.

Below are a group of articles that I have located and they offer some insights as to what may be coming in future days as currencies are being adjusted worldwide.

I will update this in a few hours as more articles appear and effects of the Yuan devaluation take hold.



Investors Test Limits of Weak Chinese Yuan - Wall Street Journal
http://news.google.com Wed, 12 Aug 2015 08:19:23 GMT
BBC NewsInvestors Test Limits of Weak Chinese YuanWall Street JournalInvestors drove Chinas yuan lower Wednesday, but Chinas central bank cushioned its fall, casting doubt on its promises to allow the market to play a greater role in setting the cu ...

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Oil steadies as bullish IEA balances Chinese yuan slide - Reuters
http://news.google.com Wed, 12 Aug 2015 10:11:30 GMT
ReutersOil steadies as bullish IEA balances Chinese yuan slideReutersChina is the worlds biggest oil consumer after the United States and a weaker yuan erodes Chinese purchasing power for dollar-denominated imports like oil, potentially reducing fue ...

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Chinas yuan devaluation turns up heat on Asia - CNNMoney
http://news.google.com Wed, 12 Aug 2015 04:29:52 GMT
Chinas yuan devaluation turns up heat on AsiaCNNMoneyChinas surprise decision to devalue its currency is turning up the heat on the rest of Asia. The yuan has fallen roughly 3.5% over the past two days following a move by the Peoples Bank of China ...

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China Roils Markets for Second Day as Yuan Tumbles With Stocks - Bloomberg
http://news.google.com Wed, 12 Aug 2015 01:39:16 GMT
BloombergChina Roils Markets for Second Day as Yuan Tumbles With StocksBloombergChinas yuan tumbled, sparking the biggest two-day selloff in regional currencies since 1998 and fueling concern that financial-market volatility will curb global economi ...

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Q&A: What yuan devaluation means for China, other countries - Yahoo Finance UK
http://news.google.com Wed, 12 Aug 2015 03:36:23 GMT
Yahoo Finance UKQ&A: What yuan devaluation means for China, other countriesYahoo Finance UKFILE - In this March 15, 2012 file photo, a Chinese woman poses for photos near a sculpture depicting a Chinese yuan note at an art district in Beijing, China. ...

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Dollar Falls as Yuan Move Clouds Fed Outlook - Wall Street Journal
http://news.google.com Wed, 12 Aug 2015 05:00:04 GMT
Dollar Falls as Yuan Move Clouds Fed OutlookWall Street JournalThe dollar tumbles against the euro and yen as the outlook for tighter Fed policy gets murkier for investors after Chinas currency adjustment hits the yuan for a second day. Investors ar ...

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Chinese yuan slides further after major devaluation - Reuters
http://news.google.com Wed, 12 Aug 2015 09:20:10 GMT
ReutersChinese yuan slides further after major devaluationReuters4:55am EDT - 01:48. The yuan continued its fall a day after China devalued the currency to possibly help prop up the slowing economy, and both investors and market watchers are still tr ...

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Has Chinas Yuan Move Put Global Rate Hikes on Hold? - Bloomberg
http://news.google.com Wed, 12 Aug 2015 10:42:45 GMT
Has Chinas Yuan Move Put Global Rate Hikes on Hold?BloombergGlobal markets are feeling the effects of Chinas yuan devaluation amid concerns that volatility will impact global growth. Bloombergs Jonathan Ferro and Tim Craighead discuss the potentia ...

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Rupee Sinks to 2-Year Low on Yuan Devaluation, Very Close to 65/Dollar - NDTV
http://news.google.com Wed, 12 Aug 2015 10:22:49 GMT
NDTVRupee Sinks to 2-Year Low on Yuan Devaluation, Very Close to 65/DollarNDTVChina on Wednesday allowed the yuan to fall sharply for a second straight day. The Peoples Bank of China had billed Tuesdays move as a free-market reform but experts susp ...

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