201731 Resource 119247 120646 120646 1208174854175 1208174854175 Controlled Forex Trading Strategy: Asian Currencies

G7 meeting takes focus to US dollar

<font size="2"><span style="font-family: verdana,arial,helvetica,sans-serif;">Forex trading strategy should keep in mind that Asian currencies are dropping this morning after the <a href="http://wordpress.com/tag/g7-meeting/" target="_blank" title="emerging market currencies, US dollar currency trading, US dollar weakness, currency trading FX market, currency trading, forex trading strategy, forex trading Asian currencies, G7 meeting">G7 meeting</a> focused so much on US dollar weakness in currency trading on the FX market.</span><br style="font-family: verdana,arial,helvetica,sans-serif;" /><br style="font-family: verdana,arial,helvetica,sans-serif;" /><span style="font-family: verdana,arial,helvetica,sans-serif;">Many Asian currencies respond rather forcefully to movements in the US dollar in currency trading. </span><a href="http://www.bloomberg.com/apps/news?pid=20601083&sid=a.W2vr_DqwbY&refer=currency" target="_blank" title="emerging market currencies, US dollar currency trading, US dollar weakness, currency trading FX market, currency trading, forex trading strategy, forex trading Asian currencies, G7 meeting" style="font-family: verdana,arial,helvetica,sans-serif;">Bloomberg reports on emerging market currencies in Asia</a><span style="font-family: verdana,arial,helvetica,sans-serif;">:</span><br style="font-family: verdana,arial,helvetica,sans-serif;" /><br style="font-family: verdana,arial,helvetica,sans-serif;" /></font><div style="margin-left: 40px; font-style: italic; font-family: verdana,arial,helvetica,sans-serif;"><font size="2">``The G-7 statement alluded to a preference for a stronger dollar, so expect to see some stock losses in a knee-jerk reaction,'' said <a onmouseover="function onmouseover(event) { return escape(popwSearchNews(this)); }" href="http://search.bloomberg.com/search?q=Suresh+Kumar+Ramanathan&site=wnews&client=wnews&proxystylesheet=wnews&output=xml_no_dtd&ie=UTF-8&oe=UTF-8&filter=p&getfields=wnnis&sort=date:D:S:d1">Suresh Kumar Ramanathan</a>, a rates and currency strategist at CIMB Investment Bank Bhd. in Kuala Lumpur. ``That's not good for Asian currencies in the short term.''</font></div> 9 application/xml false currency trading currency trading FX market emerging market currencies forex trading Asian currencies forex trading strategy G7 meeting US dollar currency trading US dollar weakness Emerging markets and currency trading http://www.gftforex.com/land/index.asp?aid=446 Many Asian currencies respond rather forcefully to movements in the US dollar in currency trading. Mozilla/5.0 (Macintosh; U; PPC Mac OS X Mach-O; en-US; rv:1.8.1.13) Gecko/20080311 Firefox/2.0.0.13 127.0.0.1 127.0.0.1 mmarquit 66.182.71.18 false true false false true 119247 blog blogsite/GFTForex/web