The announcement of the award of National Honour on the Governor of the Central Bank of Nigeria, Sanusi Lamido Sanusi, raised interest at the money market last week. Dealing banks, traders as well as investors in the market, local and international, were concerned about the implication of the recognition on the current state of the [...]
Tags: CBN, central banks, corporates, economy, Foreign Exchange, forex transactions, growth benchmark, Inter bank, interest rate, investors, lending rate, long-term, Microfinance, Money Market, NIBOR, traders, Trading
Posted July 12, 2010 by ][-NooM-][ under Benchmark Lending, More Bank
Canada’s dollar dropped by the most in almost three months as oil fell and a report showed consumer prices rose less last month than forecast, reducing the chance the central bank will raise rates before the second half. The currency declined for a second day, touching the lowest level in more than two weeks, as [...]
Tags: Benchmark Lending, Canadian, Crude Oil, Dollar Strength, Foreign Exchange, Inflation Data, lending rate, National Bank, Rate Decision, Russian Investment, U.S. Dollar, Validates Rate
Posted January 21, 2010 by ][-NooM-][ under Benchmark Lending
Firms today face a challenging global foreign exchange (FX) market environment that remains fragmented and extremely competitive. All market participants – buy-side firms in particular – are under increased pressure to pursue best execution and reduce trading costs. Electronic trading in the FX market continues to grow at a staggering pace. According to Greenwich Associates [...]
Tags: ECNs, Electronic trading, Foreign Exchange, FX market, FX trading, particular, trading systems, traditional
Posted January 17, 2010 by ][-NooM-][ under Trading
last night, the central bank announced that from June 5 yuan from financial institutions to raise the deposit reserve ratio by 0.5 percentage points. From May 19 yuan from financial institutions raised benchmark deposit and lending interest rates. Analysis of Shanghai researcher points out that this is the last 10 years the first time also [...]
Tags: benchmark deposit, Benchmark Lending, Central Bank, deposit reserve, estate loans, financial institutions, Foreign Exchange, interest rate, lending rate, long-term, Real Estate, short-term
Posted December 31, 2009 by ][-NooM-][ under Benchmark Lending, More Real Estate
Why are financial institutions monitoring the price trends of the foreign exchange market so closely? What is their objective? Why should you be concerned and how does this impact your portfolio? Are there trading opportunities that you should consider? How do options fit into FX trading? I will attempt to answer all of these commonly [...]
Tags: exchange market, financial institutions, Foreign Exchange, FX market, FX trading, trading plan, trading profits
Posted November 3, 2009 by ][-NooM-][ under More Financial, Trading
It doesn’t matter what medium you are using to get your financial news, one thing has been fairly consistent-extensive coverage of the US dollar. Whether you are on your favorite financial website, blog, newspaper or television channel, you have most likely stumbled across headlines saying: US dollar rallying, US dollar slumping or US dollar holding [...]
Tags: financial institutions, financial news, Foreign Exchange, Forex Traders, opposing currency, options trading, US Dollar
Posted November 3, 2009 by ][-NooM-][ under More Financial, Trading
SOUTH AFRICAN RAND FOREX The Fed on reduced its business forex online trading benchmark interest rate virtually to zero and said that it would pour money into the economy through an array of new lending forex programs. It has also dropped further below the European Central Bank benchmark rate of 2.5 percent and the Bank [...]
Tags: benchmark rate, currency market, Financial stocks, Foreign Exchange, forex trading, interest rate, trading benchmark
Posted November 3, 2009 by ][-NooM-][ under More Financial, Trading
