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| Forex News |
GLOBAL MARKETS:
HAPPY NEW YEAR - 2009
BEST WISHES
- Euro Rises on Speculation ECB Rate Cuts to Lag Behind Other Central Banks
- Yuan's Gain Hollows Out South Korean Enclaves in China as Expats Go Home
- Fed Revives Discussion of Inflation Target to Counter Risk of Price Slide
- General Motors Says It Has Enough Funds to Survive Unless Economy Worsens
- Dollar May Rise 9.2 Percent to 102.51 Yen This Quarter, Bank of Tokyo Says
- U.K. Pound Weakens to 91.15 Pence per Euro, Drops 0.2 Percent to $1.4889
- UBS Says Parity Between Euro and Pound Would Represent a `Clear Overshot'
- Chancellor Darling Warns That U.K. `Far From Through' Recession, FT Says
- Rupiah Leads Gains in Asian Currencies on Rate Cut, U.S. Stimulus Spending
- Philippine Peso May Gain 5% on Expectations of Interest-Rate Cut, DBS Says
- Australia Dollar at Three-Month High, N.Z. Currency Gains on Risk Appetite
- Fonterra Milk Powder Prices Drop to Lowest in More Than 2 Years At Auction
- Aditya Halts Underground Copper Mining at Mt. Gordon, Suspends Nifty Crush
- Crude Oil Falls a Second Day Before Report Forecast to Show Stockpile Gain
- Gold Declines as Strengthening Dollar Cuts Alternative Investment Demand
- Thailand to Cut 2009 Rice, Rubber, Sugar Production as Recession Deepens
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CURRENT MARKET SCENARIO
The current market scenario represents a dynamic global environment brought about by the advent of Electronic Marketing, the Internet, Emails, Online Trading etc.
While India's transition into a market economy has been accompanied by a volatile and dynamic financial market, it is the fluctuations in market variables like interest rates, currencies, the stock index and commodity prices which have been instrumental in bringing about such volatility.
Thus, in order to mitigate the negative exposure of currency fluctuations inevitable in such a scenario it becomes imperative for any organization moving towards the path of growth and expansion, to get the right direction in International Trading and Investments. |
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