FA (meh Bincangkan )

[jutaONEfami]

saja jer diaorang nak gugat emosi trader tuh..
belum jual belum tahu..

hehehehe betoi2 baru acah jer tuh..nak tgk Bush cuak ke tak..
tapi IRAN dah amik tindakan nekad utk gunakan EURO utk semua transaksi international..

 

[FanonymousX]

BRUSSELS, Belgium -- Slovenia converts to the euro on Monday, officially becoming the 13th member of the eurozone -- and the first among the EU's newest members to qualify to use the currency.

But at least half a dozen other European ministates and territories are using the currency as legal tender -- without approval from the European Central Bank.

The euro was introduced five years ago to provide economic cohesion among EU nations. But euros also are in circulation in dozens of countries and overseas territories ranging from the North Atlantic to the Pacific.

In Europe, Montenegro, Vatican City and San Marino, and the principalities of Andorra and Monaco, have used the euro since its inception. And in the province of Kosovo -- technically still part of Serbia administered by the United Nations -- the euro circulates alongside the Serbian dinar.

The European Central Bank has not opposed "unilateral euroization" by microstates that historically have been linked to the French franc, Spanish peseta or German mark as legal tender.

"The ECB does not either encourage nor deter third countries from using the euro," President Jean-Claude Trichet recently declared.

Joaquin Almunia, the EU's economic and monetary affairs commissioner, has encouraged nations to adopt the euro as a means of achieving economic stability.

"The adoption of the euro creates the right conditions for economic prosperity by providing low inflation and low interest rates," he said recently.

It is not uncommon for small countries in Africa, Latin America and Asia to use the currency of a major nation -- typically, the dollar.

When newly independent East Timor adopted the dollar after seceding from Indonesia in 1999, the U.S. Treasury dispatched planeloads of paper money and tons of small-denomination coins to the impoverished Pacific nation.

However, the rise of the euro has made inroads into the dollar's international dominance.

Slovenia becomes the first of the 10 nations -- most of them ex-communist countries -- that joined the EU in 2004 to use the euro

Thats why GU dan EU bawa haluan masing2 mggu lepas.. satu down.. satu UP..

 

[FanonymousX]

JAPANESE YEN: The yen held relatively firm against the dollar in the final trading week of 2006, which has seen the exchange rate move in its narrowest annual range since 1973 when Japan switched to a floating rate system.

The Japanese currency stood at 118.90 to 118.93 to the dollar late Friday, slightly down from 118.36 to 118.39 to the dollar a week earlier.

It slipped below the level of 119.00 to the dollar on Tuesday for the first time in two months when reports on data on inflation, spending and employment in Japan failed to boost market speculation about a rate hike in January.

The Bank of Japan in July raised interest rates to 0.25 percent, ending an unorthodox five-year policy of keeping borrowing costs at zero, but recent data has dampened expectations of another imminent rate hike here.

Seiichiro Muta, director of foreign exchange at UBS AG in Tokyo, said if Japan's interest rate remains at low levels investors will continue the "yen carry trade," a strategy which has held down the currency's exchange value.

In the strategy, investors borrow low-interest yen, convert the funds into a currency yielding a higher interest rate and deal in financial instruments with the money.

"The outflow of financial assets will continue," Muta said. In the past year, the yen peaked at 108.97 to the dollar in May, compared with its low of 119.88 to the dollar in October. The margin of 10.91 yen is the smallest on record.

"The world economy has stabilised with limited worries about its future course, contributing to stability in the yen's rate," said Toru Umemoto, chief foreign exchange strategist at Barclays Bank in Tokyo.

Thats why juga UJ steady tak mcm UCHF...

 

[silverx]

Thats why GU dan EU bawa haluan masing2 mggu lepas.. satu down.. satu UP..

oh patutlah pun,satu untung satu rugi kena sl trade aku...hampeh...

 

[FanonymousX]

Analytical report: RMB exchange rate might appreciate by five percent in 2007

The exchange rate of Renminbi, the Chinese currency, is expected to appreciate by some five percent to one U.S. dollar for 7.44 yuan, according to Xinhua Economic Analysis Report released Monday.

The report projected that the pace of RMB appreciation would be faster in the first half of 2007 than in the second half.

Xinhua Economic Analysis Reports are regular products by a team of more than 80 economic analysts under Xinhua Economic Information Department. The latest issue of the reports reviewed the country's 10 key indices in the economic and financial sectors and made projections on possible changes in the coming year.

In 2006, the value of the RMB rose 3.28 percent against the dollar, with an accelerating trend from 0.66 percent in the first quarter to 1.15 percent in the fourth. The central parity price closed at one U.S. dollar for 7.8141 yuan, the lowest of the year.

The report held that the short-term RMB exchange rate will be influenced by the fluctuation between the dollar and other currencies, but in the long run, it depends on the progress of China's exchange rate reforms. Stable appreciation in small steps is generally expected.

LJUBLJANA, Slovenia, Jan. 1 Slovenia Monday became the first post-communist country to enter the euro zone when it replaced its tolar currency with the euro.Slovenian Prime Minister Janez Jansa called the change the biggest national achievement since the country joined the European Union two years ago, Ljubljana ' s media said. Slovenia became the 13th EU member country to embrace the euro and the first of the 10 new EU members that joined the bloc in 2004.

Financial transactions, at the exchange rate of 239.64 tolars to one euro, will be carried out both in tolars and euros through Jan. 14.Copyright 2007 by UPI

DOlar...dolar...

 

[FanonymousX]

beware guys... 3 days penuh ngan news ni..start malam ni..smpai jumaat..

 

[FanonymousX]

German Unemployment Drops By Biggest Amount in 15 Yrs

Broad dollar strength has forced the Euro to give back all of yesterday’s gains despite exceptionally strong economic data. German unemployment fell by the largest amount in over 15 years during the month of December.

Originally expected to fall by only 48k, the number of claimants actually fell by 108k, bringing the unemployment rate down from 10.1 percent to 9.8 percent, the lowest level since August 2002. Improving economic growth, warm weather (which is keeping the construction sector going) and the reduction of skilled labor has tightened the labor market significantly. In addition, with business confidence at 15 year highs, it should be not be very surprising that companies have returned to hiring aggressively as well. The improvement in the labor market should help to keep consumer spending healthy and delay any potential impact of an increase in the VAT tax. The stark contrast between the actual performance of the Eurozone’s labor market led by Germany and the expectations for how the US labor market will perform should on a macro longer term level, continue to cushion any further losses in the EUR/USD. Meanwhile Switzerland reported a softer PMI number. The index dropped from 67 to 65, which is in line with the economy’s overall slower pace of growth. It is however still solidly in expansionary territory.

euro pun lembik

 

[flyyayy]

ko leh jadi idola aku la fano.. FA ko tere, scalping pon tahap dewe, swing pon tere... aku pening ngan FA..

 

[FanonymousX]

Tokyo stocks at 8-month high on weak yen

By David Pilling in Tokyo

Published: January 4 2007 04:15 | Last updated: January 4 2007 04:15

Japanese markets started off the year in confident mood, with a weak yen underpinning a 0.74 per cent rise in the Nikkei 225 index in a half-day session that ended on an eight-month high.

In the first session of the year since Friday, carmakers and electronics makers - both of which make most of their profits abroad - rose strongly on hopes that the yen might remain weak for some time.

The Bank of Japan left interest rates at 0.25 per cent in its December policy board meeting, preserving the wide interest rate differential with the US and Europe. Even though there is speculation of another ¼ point rise, the central bank has made clear it will raise rates only very gradually over the coming year, a policy that could keep the yen relatively weak for much of 2007.

The Japanese currency remained above Y119 to the dollar, slightly stronger than the two-and-half month low of Y119.68 it reached in New York on the previous day.

The Nikkei 225 rose 127.84 points on Thursday to 17,353.67, while the broader Topix index added 17.88 points, or 1.06 per cent, to close at 1,698.

Japanese markets performed poorly compared with their international peers last year after a very strong 2005, raising expectations among some traders of healthy gains in 2007. This year, the economy is expected to grow for the sixth straight year.

Masaaki Kanno, chief economist of JPMorgan in Tokyo, said: “Markets seem to underestimate the strength of corporate profits, especially for 2006.” He said he expected an upward revision of second-half profits, plus a continued strong performance of exporters based on a relatively weak yen, would be “very positive for markets”.

Eventually, he said, higher profits would spill over into wages and stronger household spending, a benign economic scenario that has so far proved elusive.

Jepang Steady

 

[FanonymousX]

ko leh jadi idola aku la fano.. FA ko tere, scalping pon tahap dewe, swing pon tere... aku pening ngan FA..

aku pun baru belajar ler.. aku dh lama jadikan bro idola aku..