<?xml version="1.0" encoding="UTF-8" standalone="no"?><rss xmlns:atom="http://www.w3.org/2005/Atom" xmlns:blogger="http://schemas.google.com/blogger/2008" xmlns:gd="http://schemas.google.com/g/2005" xmlns:georss="http://www.georss.org/georss" xmlns:itunes="http://www.itunes.com/dtds/podcast-1.0.dtd" xmlns:openSearch="http://a9.com/-/spec/opensearchrss/1.0/" xmlns:thr="http://purl.org/syndication/thread/1.0" version="2.0"><channel><atom:id>tag:blogger.com,1999:blog-3377615591540485948</atom:id><lastBuildDate>Mon, 07 Oct 2024 04:55:20 +0000</lastBuildDate><category>Burj Al Arab Dubai</category><category>Forex News</category><category>TRADING</category><category>Tokyo Market</category><category>Banks</category><category>Exchange Rates</category><category>Forecast</category><category>Foreign exchange</category><category>Hotel Lutetia</category><category>Investments</category><category>Jumeirah Beach</category><category>The Centaurus</category><category>currency</category><category>dollar</category><category>education</category><category>pakistan</category><category>stock</category><category>technology</category><category>world</category><title>ForEx-----n-----tRaDinG</title><description>Forex and trading news</description><link>http://hotel-n-hotel.blogspot.com/</link><managingEditor>noreply@blogger.com (INTERNAT)</managingEditor><generator>Blogger</generator><openSearch:totalResults>48</openSearch:totalResults><openSearch:startIndex>1</openSearch:startIndex><openSearch:itemsPerPage>25</openSearch:itemsPerPage><language>en-us</language><itunes:explicit>no</itunes:explicit><itunes:subtitle>FEED</itunes:subtitle><itunes:category text="Games &amp; Hobbies"><itunes:category text="Other Games"/></itunes:category><itunes:owner><itunes:email>noreply@blogger.com</itunes:email></itunes:owner><item><guid isPermaLink="false">tag:blogger.com,1999:blog-3377615591540485948.post-8157593572793115739</guid><pubDate>Fri, 09 Oct 2009 01:19:00 +0000</pubDate><atom:updated>2009-10-11T11:50:48.822-07:00</atom:updated><category domain="http://www.blogger.com/atom/ns#">currency</category><category domain="http://www.blogger.com/atom/ns#">education</category><category domain="http://www.blogger.com/atom/ns#">stock</category><category domain="http://www.blogger.com/atom/ns#">Tokyo Market</category><title>An Educational Guide For Beginners To The Forex Market</title><description>&lt;a onblur="try {parent.deselectBloggerImageGracefully();} catch(e) {}" href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEjvVmVplgqG2kO2HZmyQEXOQj4KUK7ZX7TJDjJ34JPmTfwJC6afj7edKqjbdERo2imqOL-RmKtUmNZDK5Hfn8bDFSBPfSnchcptEmcZ6ojkJMAxM_QAy575-fOIGNZ_ZZhn_YvLHbbHT-0P/s1600-h/123.jpg"&gt;&lt;img style="margin: 0pt 10px 10px 0pt; float: left; cursor: pointer; width: 320px; height: 320px;" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEjvVmVplgqG2kO2HZmyQEXOQj4KUK7ZX7TJDjJ34JPmTfwJC6afj7edKqjbdERo2imqOL-RmKtUmNZDK5Hfn8bDFSBPfSnchcptEmcZ6ojkJMAxM_QAy575-fOIGNZ_ZZhn_YvLHbbHT-0P/s320/123.jpg" alt="" id="BLOGGER_PHOTO_ID_5391416737182551794" border="0" /&gt;&lt;/a&gt;&lt;br /&gt;&lt;a onblur="try {parent.deselectBloggerImageGracefully();} catch(e) {}" href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEi9LghIdYBfzRcPJypi-WxL3yYXylsw7k-ppiFzlBbApeL2Rrh0Xy6YZ10h6j6w5lOoDbcGeXOB-kVkp89OpNjJKzedc3dK1xMbyhYsozPFoPt0SOFRwO-UsRmygJF4FrsaixVkmk_qqE_5/s1600-h/1234.jpg"&gt;&lt;img style="margin: 0pt 10px 10px 0pt; float: left; cursor: pointer; width: 214px; height: 320px;" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEi9LghIdYBfzRcPJypi-WxL3yYXylsw7k-ppiFzlBbApeL2Rrh0Xy6YZ10h6j6w5lOoDbcGeXOB-kVkp89OpNjJKzedc3dK1xMbyhYsozPFoPt0SOFRwO-UsRmygJF4FrsaixVkmk_qqE_5/s320/1234.jpg" alt="" id="BLOGGER_PHOTO_ID_5391415972786857490" border="0" /&gt;&lt;/a&gt;&lt;br /&gt;&lt;a onblur="try {parent.deselectBloggerImageGracefully();} catch(e) {}" href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEhm2uJqixF0Dhljniu7GGrtyXJyk4ixHp2okAMVnM8oEIYpJirysqHz40NLjUdSu_ykxrrdamHnw7DMV2hxDNuLmR5P72_FPp0Xk2Jp7-XNcaxeZQRsmEZxmuXqIp55qzP4QhXn0jS5PXky/s1600-h/michael_jackson8g.jpg"&gt;&lt;img style="margin: 0pt 10px 10px 0pt; float: left; cursor: pointer; width: 200px; height: 250px;" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEhm2uJqixF0Dhljniu7GGrtyXJyk4ixHp2okAMVnM8oEIYpJirysqHz40NLjUdSu_ykxrrdamHnw7DMV2hxDNuLmR5P72_FPp0Xk2Jp7-XNcaxeZQRsmEZxmuXqIp55qzP4QhXn0jS5PXky/s320/michael_jackson8g.jpg" alt="" id="BLOGGER_PHOTO_ID_5391371160764385650" border="0" /&gt;&lt;/a&gt;&lt;br /&gt;&lt;span style="color: rgb(51, 51, 255);"&gt;Are you new &lt;/span&gt;in&lt;span style="color: rgb(102, 0, 204);"&gt; the Forex market? This market may sound really complicated and scary to trade in but it’s not. Just like in any other kind of trade, you make money when you buy low and sell high. Forex trading is simply trading currencies in the Forex market.&lt;/span&gt;&lt;br /&gt;&lt;br /&gt;&lt;span style="color: rgb(204, 102, 204);"&gt;Forex is the largest financial market in the world. It generates trillions of dollars of currency exchanges everyday and it operates 24&lt;span style="color: rgb(153, 51, 153);"&gt; &lt;/span&gt;&lt;/span&gt;&lt;span style="color: rgb(153, 51, 153);"&gt;hours a day and seven days a week therefore, also making it the most liquid market in the world.&lt;/span&gt;&lt;br /&gt;&lt;br /&gt;&lt;span style="color: rgb(153, 51, 153);"&gt;In the world of Forex, trading is very unique compared to other financial markets like stocks. Since the Forex market operates 24 hours a day worldwide, which starts in Sydney and ends in New York, trading is not centralized in one lo&lt;/span&gt;&lt;span style="color: rgb(102, 102, 204);"&gt;cation. You can trade in Forex whenever you want regardless of the local time.&lt;/span&gt;&lt;br /&gt;&lt;br /&gt;&lt;span style="color: rgb(102, 102, 204);"&gt;In the past, Forex trading was only offered to lar&lt;/span&gt;&lt;span style="color: rgb(204, 51, 204);"&gt;ge financial institutions like banks, large companies, multi-national corporations and large currency dealers. This was due primarily to the large and extremely strict financial requirements the Forex market imposed. This means that individual traders and small businesses are not able to participate in this liquid market.&lt;/span&gt;&lt;br /&gt;&lt;br /&gt;&lt;span style="color: rgb(102, 51, 255);"&gt;However, in the late 90s, Forex was made available to individual traders and small businesses. This is due to the advances in the communications technology. High speed internet made it possible for people to enter the Forex market and have become one of the best make money at home businesses.&lt;/span&gt;&lt;br /&gt;&lt;br /&gt;&lt;span style="color: rgb(102, 51, 255);"&gt;Forex trading is getting more and more popular each day. Who wouldn’t want to trade in the largest and the most liquid financial&lt;span style="color: rgb(153, 51, 153);"&gt; &lt;/span&gt;&lt;/span&gt;&lt;span style="color: rgb(153, 51, 153);"&gt;market in the world? Trading in Forex will certainly give you the opportunity to earn a lot of money. However, trading in this ever liquid market also has its risk. It is a fact that many people who traded in Forex lost a substantial amount of money and some of these people are seasoned traders.&lt;/span&gt;&lt;br /&gt;&lt;br /&gt;&lt;span style="color: rgb(153, 51, 153);"&gt;This is why it is very important for you&lt;/span&gt;,&lt;span style="color: rgb(102, 51, 102);"&gt; as a beginner trader in the Forex market, to have the proper knowledge and education on how to trade in the Forex market. Firstly, there are hundreds or even thousands of available websites on  the internet that offer Forex education. Some of these websites offer dummy Forex trading where you can practice trading in the Forex market using play money.&lt;/span&gt;&lt;br /&gt;&lt;br /&gt;&lt;span style="color: rgb(102, 51, 102);"&gt;These programs will really take you closer&lt;span style="color: rgb(102, 102, 204);"&gt; &lt;/span&gt;&lt;/span&gt;&lt;span style="color: rgb(102, 102, 204);"&gt;to actually trading in Forex. Many experts say that you’ll never really understand how Forex really works until you have traded in the market. So, if you want to learn how to trade Forex, you may want to sign up for a dummy account that numerous Forex trading websites offer.&lt;/span&gt;&lt;br /&gt;&lt;br /&gt;&lt;span style="color: rgb(102, 102, 204);"&gt;To get started in trading Forex, all you need i&lt;/span&gt;&lt;span style="color: rgb(102, 51, 255);"&gt;s a computer with a high speed internet connection, a funded Forex account, and a trading system. These three simple things are enough to get you started in Forex trading.&lt;/span&gt;</description><link>http://hotel-n-hotel.blogspot.com/2009/10/educational-guide-for-beginners-to.html</link><author>noreply@blogger.com (INTERNAT)</author><media:thumbnail xmlns:media="http://search.yahoo.com/mrss/" height="72" url="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEjvVmVplgqG2kO2HZmyQEXOQj4KUK7ZX7TJDjJ34JPmTfwJC6afj7edKqjbdERo2imqOL-RmKtUmNZDK5Hfn8bDFSBPfSnchcptEmcZ6ojkJMAxM_QAy575-fOIGNZ_ZZhn_YvLHbbHT-0P/s72-c/123.jpg" width="72"/><thr:total>0</thr:total></item><item><guid isPermaLink="false">tag:blogger.com,1999:blog-3377615591540485948.post-5902433439143393015</guid><pubDate>Fri, 09 Oct 2009 01:15:00 +0000</pubDate><atom:updated>2009-10-11T11:39:38.420-07:00</atom:updated><title>Forex Trading Guides</title><description>&lt;a onblur="try {parent.deselectBloggerImageGracefully();} catch(e) {}" href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEhWVbeSSaNABZ7MK3xiZTcFWftzSXVbkW51pzinQP351vcF-CwBFYutvKZDX_09RwaBbFIMkc2zEeDF5NVmEtXrphyphenhyphenBcEUiYtcfyLzFOhblnPljNleSYdpP3-Ms6jt_NaO3qiRE2wdEIBJa/s1600-h/123.jpg"&gt;&lt;img style="margin: 0pt 0pt 10px 10px; float: right; cursor: pointer; width: 191px; height: 320px;" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEhWVbeSSaNABZ7MK3xiZTcFWftzSXVbkW51pzinQP351vcF-CwBFYutvKZDX_09RwaBbFIMkc2zEeDF5NVmEtXrphyphenhyphenBcEUiYtcfyLzFOhblnPljNleSYdpP3-Ms6jt_NaO3qiRE2wdEIBJa/s320/123.jpg" alt="" id="BLOGGER_PHOTO_ID_5391408934205598482" border="0" /&gt;&lt;/a&gt;&lt;br /&gt;&lt;a onblur="try {parent.deselectBloggerImageGracefully();} catch(e) {}" href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEh7nhouYWhUOG7CQeKm5KSs1Oe_JuUGwZzg_QEs-GTgD5E-VD2OVhj7L55lpvgVCCtKiUcwLViz6fYHikq4aurKzMPLaYSZ9XG7BjVPnOwsqYF_TQ2HPvqF2l8ULtB3BeeC4POpMPw4cEq8/s1600-h/12.jpg"&gt;&lt;img style="margin: 0pt 0pt 10px 10px; float: right; cursor: pointer; width: 235px; height: 309px;" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEh7nhouYWhUOG7CQeKm5KSs1Oe_JuUGwZzg_QEs-GTgD5E-VD2OVhj7L55lpvgVCCtKiUcwLViz6fYHikq4aurKzMPLaYSZ9XG7BjVPnOwsqYF_TQ2HPvqF2l8ULtB3BeeC4POpMPw4cEq8/s320/12.jpg" alt="" id="BLOGGER_PHOTO_ID_5391408815312089058" border="0" /&gt;&lt;/a&gt;&lt;br /&gt;&lt;br /&gt;&lt;span style="color: rgb(102, 51, 255);"&gt;The forex trading guides help to understand the essential fundamentals and p&lt;/span&gt;&lt;a onblur="try {parent.deselectBloggerImageGracefully();} catch(e) {}" href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEiB_tx_yZpRsGf91Yu-AF5Z_e0fjiBcv1GmzSwUD3r0H4Bpy24GZqa1JxnL3HXcS587GCzlGik_dubVItjZ_KYKreHVNjPSHRiIDDXwbASexH6KoDHcJedwEXOa7on0SB07_txeT4qXG4cy/s1600-h/12.jpg"&gt;&lt;img style="margin: 0pt 10px 10px 0pt; float: left; cursor: pointer; width: 320px; height: 320px;" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEiB_tx_yZpRsGf91Yu-AF5Z_e0fjiBcv1GmzSwUD3r0H4Bpy24GZqa1JxnL3HXcS587GCzlGik_dubVItjZ_KYKreHVNjPSHRiIDDXwbASexH6KoDHcJedwEXOa7on0SB07_txeT4qXG4cy/s320/12.jpg" alt="" id="BLOGGER_PHOTO_ID_5391375501073409458" border="0" /&gt;&lt;/a&gt;&lt;span style="color: rgb(102, 51, 255);"&gt;ractical factors impacting key forex rates. They identify pertinent officials, institutions and economic indicators most likely to move the FOREX market.&lt;/span&gt;  &lt;span style="color: rgb(102, 51, 255);"&gt;To learn about all the factors guiding the pairs&lt;/span&gt;&lt;span style="color: rgb(102, 51, 255);"&gt; listed below, please see "Foreign Exchange Markets: A Practical Guide", &lt;/span&gt;&lt;span style="color: rgb(102, 51, 255);"&gt;an innovative&lt;/span&gt; &lt;span style="color: rgb(102, 51, 255);"&gt;approach to covering FX fundamental and technical analysis.&lt;/span&gt;  &lt;span style="color: rgb(102, 51, 255);"&gt;Factors Affecting the US Dollar&lt;/span&gt; &lt;span style="color: rgb(102, 51, 255);"&gt;Factors Affecting USD/JPY&lt;/span&gt;&lt;br /&gt;&lt;span style="color: rgb(204, 51, 204);"&gt;Factors Affecting EUR/USD&lt;/span&gt; &lt;span style="color: rgb(204, 51, 204);"&gt;Factors Affecting GBP/USD&lt;/span&gt; &lt;span style="color: rgb(204, 51, 204);"&gt;Factors Affecting USD/CHF&lt;/span&gt; &lt;span style="color: rgb(204, 51, 204);"&gt;Factors Affecting AUD/USD&lt;/span&gt; &lt;span style="color: rgb(204, 51, 204);"&gt;Factors Affecting USD/CAD&lt;/span&gt;&lt;span style="color: rgb(102, 51, 255);"&gt;They identify pertinent officials, institutions and economic indicators most likely to move the FOREX market.&lt;/span&gt;  &lt;span style="color: rgb(102, 51, 255);"&gt;To learn about all the factors guiding the pairs&lt;/span&gt;&lt;span style="color: rgb(102, 51, 255);"&gt; listed below, please see "Foreign Exchange Markets: A Practical Guide", &lt;/span&gt;&lt;span style="color: rgb(102, 51, 255);"&gt;an innovative&lt;/span&gt; &lt;span style="color: rgb(102, 51, 255);"&gt;approach to covering FX fundamental and technical analysis.&lt;/span&gt;  &lt;span style="color: rgb(102, 51, 255);"&gt;Factors Affecting the US Dollar&lt;/span&gt; &lt;span style="color: rgb(102, 51, 255);"&gt;Factors Affecting &lt;/span&gt;&lt;span style="color: rgb(204, 51, 204);"&gt;Factors Affecting EUR/USD&lt;/span&gt; &lt;span style="color: rgb(204, 51, 204);"&gt;Factors Affecting GBP/USD&lt;/span&gt; &lt;span style="color: rgb(204, 51, 204);"&gt;Factors Affecting USD/CHF&lt;/span&gt; &lt;span style="color: rgb(204, 51, 204);"&gt;Factors Affecting AUD/USD&lt;/span&gt; &lt;span style="color: rgb(204, 51, 204);"&gt;Factors Affecting USD/CAD&lt;/span&gt;&lt;span style="color: rgb(102, 51, 255);"&gt;They identify pertinent officials, institutions and economic indicators most likely to move the FOREX market.&lt;/span&gt;</description><link>http://hotel-n-hotel.blogspot.com/2009/10/forex-trading-guides.html</link><author>noreply@blogger.com (INTERNAT)</author><media:thumbnail xmlns:media="http://search.yahoo.com/mrss/" height="72" url="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEhWVbeSSaNABZ7MK3xiZTcFWftzSXVbkW51pzinQP351vcF-CwBFYutvKZDX_09RwaBbFIMkc2zEeDF5NVmEtXrphyphenhyphenBcEUiYtcfyLzFOhblnPljNleSYdpP3-Ms6jt_NaO3qiRE2wdEIBJa/s72-c/123.jpg" width="72"/><thr:total>0</thr:total></item><item><guid isPermaLink="false">tag:blogger.com,1999:blog-3377615591540485948.post-5680035987839110954</guid><pubDate>Fri, 09 Oct 2009 01:12:00 +0000</pubDate><atom:updated>2009-10-11T09:31:38.280-07:00</atom:updated><category domain="http://www.blogger.com/atom/ns#">dollar</category><category domain="http://www.blogger.com/atom/ns#">Forex News</category><category domain="http://www.blogger.com/atom/ns#">TRADING</category><title>US Dollar Forecast Bearish on Forex Sentiment Extremes</title><description>&lt;a onblur="try {parent.deselectBloggerImageGracefully();} catch(e) {}" href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEjYIi_wJOMY2PTgOSOkVsRmKlLLO1KBCVzfcHfgcBtVw58mX5RvW5BexmO8R1pNzlhCL_w58YQ_4Mqo6uVfI8iMIu5Ex6rdUeouxsrO20xGjZWz_i66jA7nKjU0LQts3bRofB95GdXWETaW/s1600-h/gfg.jpg"&gt;&lt;img style="margin: 0pt 0pt 10px 10px; float: right; cursor: pointer; width: 282px; height: 449px;" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEjYIi_wJOMY2PTgOSOkVsRmKlLLO1KBCVzfcHfgcBtVw58mX5RvW5BexmO8R1pNzlhCL_w58YQ_4Mqo6uVfI8iMIu5Ex6rdUeouxsrO20xGjZWz_i66jA7nKjU0LQts3bRofB95GdXWETaW/s320/gfg.jpg" alt="" id="BLOGGER_PHOTO_ID_5391380351595326498" border="0" /&gt;&lt;/a&gt;&lt;br /&gt;&lt;a onblur="try {parent.deselectBloggerImageGracefully();} catch(e) {}" href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEjVL2QxCcph4qfaX9leZFsdsQQ1P3g-Draqgu5QyAM5pDmRhSxc2Alvr_PNmJoTIrmwnkW3OTdiV-feZPIk-zuIyPtTgJD8JnZ7IKi3QB0vRlDKE3Gn51OJ2-woDhYTbha29W5FmNUZDILH/s1600-h/qwe.jpg"&gt;&lt;img style="margin: 0pt 10px 10px 0pt; float: left; cursor: pointer; width: 273px; height: 445px;" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEjVL2QxCcph4qfaX9leZFsdsQQ1P3g-Draqgu5QyAM5pDmRhSxc2Alvr_PNmJoTIrmwnkW3OTdiV-feZPIk-zuIyPtTgJD8JnZ7IKi3QB0vRlDKE3Gn51OJ2-woDhYTbha29W5FmNUZDILH/s320/qwe.jpg" alt="" id="BLOGGER_PHOTO_ID_5391379883205539778" border="0" /&gt;&lt;/a&gt;&lt;br /&gt;&lt;span style="color: rgb(204, 102, 204);"&gt;EURUSD – Euro Forecast Turns Bullish Against Dollar&lt;/span&gt;&lt;br /&gt;&lt;span style="color: rgb(204, 102, 204);"&gt; •    GBPUSD – British Pound Sentiment Points to Gains&lt;/span&gt;&lt;br /&gt;&lt;span style="color: rgb(204, 102, 204);"&gt; •    USDJPY – Japanese&lt;span style="color: rgb(153, 51, 153);"&gt; &lt;/span&gt;&lt;/span&gt;&lt;span style="color: rgb(153, 51, 153);"&gt;Yen Outlook Remains Bullish&lt;/span&gt;&lt;br /&gt;&lt;span style="color: rgb(153, 51, 153);"&gt; •    USDCHF – Swiss Franc Forecast Positive&lt;/span&gt;&lt;br /&gt;&lt;span style="color: rgb(153, 51, 153);"&gt; •    USDCAD – Canadian Dollar Forecast to Gain Further&lt;/span&gt;&lt;br /&gt;&lt;span style="color: rgb(153, 51, 153);"&gt; •    GBPJPY – Sentiment-based&lt;/span&gt; &lt;span style="color: rgb(204, 102, 204);"&gt;Bias Points to Losses&lt;/span&gt;&lt;br /&gt;&lt;span style="color: rgb(204, 102, 204);"&gt;      &lt;/span&gt;&lt;p style="color: rgb(204, 102, 204);"&gt;While the SSI is available once a week on DailyFX.com, you can receive SSI readings twice a day in DailyFX Plus &lt;a onclick="'s_objectID=" target="_self" href="https://plus.dailyfx.com/login/loginForm.jsp"&gt;Forex Intraday Trading Signals&lt;/a&gt;&lt;/p&gt; &lt;p&gt;&lt;span style="color: rgb(204, 102, 204);"&gt;Forex trading crowds have bought &lt;/span&gt;&lt;span style="color: rgb(102, 51, 255);"&gt;aggressively into US Dollar declines against the Euro, British Pound, Japanese Yen, Swiss Franc, and Canadian Dollar. Our contrarian algorithmic trading systems have accordingly grown aggressively short the downtrodden US currency, and current downward USD momentum shows little hope of slowing&lt;/span&gt;.&lt;span style="color: rgb(153, 51, 153);"&gt; Last week we reported that other Forex positioning measures showed US Dollar sentiment at bearish extremes—hinting at imminent reversal. Yet we were clearly premature in our call, as market sentiment can and obviously does remain extreme for extended periods of time. Given current retail crowd positioning, we see little scope for a substantive Dollar reversal through upcoming trade.&lt;/span&gt;&lt;/p&gt;</description><link>http://hotel-n-hotel.blogspot.com/2009/10/us-dollar-forecast-bearish-on-forex.html</link><author>noreply@blogger.com (INTERNAT)</author><media:thumbnail xmlns:media="http://search.yahoo.com/mrss/" height="72" url="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEjYIi_wJOMY2PTgOSOkVsRmKlLLO1KBCVzfcHfgcBtVw58mX5RvW5BexmO8R1pNzlhCL_w58YQ_4Mqo6uVfI8iMIu5Ex6rdUeouxsrO20xGjZWz_i66jA7nKjU0LQts3bRofB95GdXWETaW/s72-c/gfg.jpg" width="72"/><thr:total>0</thr:total></item><item><guid isPermaLink="false">tag:blogger.com,1999:blog-3377615591540485948.post-2659179893340876698</guid><pubDate>Wed, 29 Jul 2009 14:43:00 +0000</pubDate><atom:updated>2009-07-29T07:44:44.941-07:00</atom:updated><title>ARTICLES &amp; IDEAS</title><description>&lt;table class="ntxt tblSCharts" border="0" cellpadding="0" cellspacing="0"&gt;&lt;tbody&gt;&lt;tr&gt;&lt;td style="font-family: verdana; font-style: normal; font-variant: normal; font-weight: bold; font-size: 10px; line-height: normal; font-size-adjust: none; font-stretch: normal;"&gt;Charts:&lt;/td&gt; &lt;td&gt;&lt;img onclick="shSmChart('EURUSD5')" title="EURUSD" src="http://www.forexnews.com/images/flags/s_Euro.gif" /&gt;&lt;/td&gt;   &lt;td&gt;&lt;img onclick="shSmChart('USDJPY5')" title="USDJPY" src="http://www.forexnews.com/images/flags/s_Japan.gif" /&gt;&lt;/td&gt;   &lt;td&gt;&lt;img onclick="shSmChart('GBPUSD5')" title="GBPUSD" src="http://www.forexnews.com/images/flags/s_UK.gif" /&gt;&lt;/td&gt;   &lt;td&gt;&lt;img onclick="shSmChart('USDCHF5')" title="USDCHF" src="http://www.forexnews.com/images/flags/s_Swiss.gif" /&gt;&lt;/td&gt;   &lt;td&gt;&lt;img onclick="shSmChart('AUDUSD5')" title="AUDUSD" src="http://www.forexnews.com/images/flags/s_aud.gif" /&gt;The forex trading guides help to understand the essential fundamentals and practical factors impacting key forex rates. They identify pertinent officials, institutions and economic indicators most likely to move the FOREX market.&lt;/td&gt;  &lt;td&gt;&lt;br /&gt;&lt;/td&gt;&lt;/tr&gt;&lt;/tbody&gt;&lt;/table&gt;</description><link>http://hotel-n-hotel.blogspot.com/2009/07/articles-ideas.html</link><author>noreply@blogger.com (INTERNAT)</author><thr:total>0</thr:total></item><item><guid isPermaLink="false">tag:blogger.com,1999:blog-3377615591540485948.post-806952803211472684</guid><pubDate>Tue, 14 Jul 2009 10:27:00 +0000</pubDate><atom:updated>2009-10-11T12:10:32.044-07:00</atom:updated><category domain="http://www.blogger.com/atom/ns#">Exchange Rates</category><title>Exchange Rates</title><description>&lt;a onblur="try {parent.deselectBloggerImageGracefully();} catch(e) {}" href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEj_mZhyphenhyphen0qIj4xcfIWTEbiQqI3RBGe6fU7Z7oXyczK39t5DllkcJH9XaSt1fKYigcvOfNHE3yc8r45ZargacPNFUbIcCjlrKjHRpNf-O4d0_X18oYbkiE3bhc2-HHLMiEPaFYighh_Vmor-t/s1600-h/Cristiano_Ronaldo(3).jpg"&gt;&lt;img style="margin: 0pt 10px 10px 0pt; float: left; cursor: pointer; width: 240px; height: 320px;" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEj_mZhyphenhyphen0qIj4xcfIWTEbiQqI3RBGe6fU7Z7oXyczK39t5DllkcJH9XaSt1fKYigcvOfNHE3yc8r45ZargacPNFUbIcCjlrKjHRpNf-O4d0_X18oYbkiE3bhc2-HHLMiEPaFYighh_Vmor-t/s320/Cristiano_Ronaldo(3).jpg" alt="" id="BLOGGER_PHOTO_ID_5391421827527475586" border="0" /&gt;&lt;/a&gt;&lt;br /&gt;&lt;a onblur="try {parent.deselectBloggerImageGracefully();} catch(e) {}" href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEj6LdEOuRPc-aB4ZpNSwcqHTiXYN9sySX9W67NIEL70XaL0Hk2Q9rlhF25lwW-jQ5TLr-USsiDuRu-6cNLO9vfP9Rd1eggBbZVmkGohgFWgkAZpPNg5OUL8ImuEWDWv4e40JJFCw2ToGYJ_/s1600-h/Cristiano_Ronaldo(2).jpg"&gt;&lt;img style="margin: 0pt 10px 10px 0pt; float: left; cursor: pointer; width: 240px; height: 320px;" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEj6LdEOuRPc-aB4ZpNSwcqHTiXYN9sySX9W67NIEL70XaL0Hk2Q9rlhF25lwW-jQ5TLr-USsiDuRu-6cNLO9vfP9Rd1eggBbZVmkGohgFWgkAZpPNg5OUL8ImuEWDWv4e40JJFCw2ToGYJ_/s320/Cristiano_Ronaldo(2).jpg" alt="" id="BLOGGER_PHOTO_ID_5391421586894888578" border="0" /&gt;&lt;/a&gt;&lt;br /&gt;&lt;br /&gt;&lt;br /&gt;&lt;span style="color: rgb(204, 51, 204);"&gt;Perodua expects to pay an average of 100 yen per dollar for parts from Japan in its 2009 financial budgeting, he said, versus 106 yen in 2008. The ringgit has gained 4.6 per cent to 3.6548 per 100 yen this year, pa&lt;/span&gt;&lt;span style="color: rgb(153, 153, 255);"&gt;ring a 22.9 per cent slump in 2008, according to data compiled by Bloomberg.&lt;/span&gt;  &lt;span style="color: rgb(153, 153, 255);"&gt;The local currency gained 3.8 per cent agai&lt;/span&gt;&lt;span style="color: rgb(204, 102, 204);"&gt;nst the greenback in the second quarter to 3.521, paring a 5.3 per cent loss in the first quarter. The company is assuming an average ringgit rate of 3.6 per dollar this year, compared with 3.3 in 2008, he said.&lt;/span&gt;&lt;br /&gt;&lt;span style="color: rgb(102, 102, 204);"&gt;“Import costs increased by 12 to 15 per cent, depending on the car model, in the first quarter,” Syed Abdull Hafiz said.&lt;/span&gt;&lt;br /&gt;&lt;br /&gt;&lt;span style="color: rgb(204, 51, 204);"&gt;Perodua, started in 1994, produces compact cars based on Toyota’s models such as the Mira and Passo. The manufacturer is 25 per cent-owned by Daihatsu Motor Co, a unit of the Toyota-city,&lt;br /&gt;&lt;!-- AddThis Button BEGIN --&gt;&lt;br /&gt;&lt;div&gt;&lt;a title="'data:post.title'" url="'data:post.url'" class="'addthis_button'"&gt;&lt;img src="http://s7.addthis.com/static/btn/v2/lg-share-en.gif" alt="Bookmark and Share" style="border: 0pt none ;" width="125" height="16" /&gt;&lt;/a&gt;&lt;br /&gt;&lt;script type="text/javascript" src="http://s7.addthis.com/js/250/addthis_widget.js?pub=xa-4ab113a27fd2efe9"&gt;&lt;/script&gt;&lt;/div&gt;&lt;br /&gt;&lt;!-- AddThis Button END --&gt;&lt;br /&gt;&lt;br /&gt;&lt;/span&gt;</description><link>http://hotel-n-hotel.blogspot.com/2009/07/exchange-rates_14.html</link><author>noreply@blogger.com (INTERNAT)</author><media:thumbnail xmlns:media="http://search.yahoo.com/mrss/" height="72" url="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEj_mZhyphenhyphen0qIj4xcfIWTEbiQqI3RBGe6fU7Z7oXyczK39t5DllkcJH9XaSt1fKYigcvOfNHE3yc8r45ZargacPNFUbIcCjlrKjHRpNf-O4d0_X18oYbkiE3bhc2-HHLMiEPaFYighh_Vmor-t/s72-c/Cristiano_Ronaldo(3).jpg" width="72"/><thr:total>0</thr:total></item><item><guid isPermaLink="false">tag:blogger.com,1999:blog-3377615591540485948.post-204017861128992648</guid><pubDate>Tue, 14 Jul 2009 10:27:00 +0000</pubDate><atom:updated>2009-10-13T06:43:54.109-07:00</atom:updated><title>Forex reserves increase to $11.77 billio</title><description>&lt;span style="color: rgb(204, 102, 204);"&gt;he country’s foreign exchange reserves increased to $11.770 billion on the week ending on June 20, 2009 as compared with $11.643 billion last week, data released by the State Bank of Pakistan showed on Thursday. The total reserves witnessed an increase of $127 million during the week. The reserves held by &lt;/span&gt;&lt;span style="color: rgb(204, 51, 204);"&gt;the State Bank of Pakistan witnessed an increase of $151 million as the reserve reached to $8.452 billion, as compared to $8.301 billion last week. Similarly, the reserves held by the banks other than SBP recorded a decline of $25 million to reach $3.317 billion as compared to $3.342 last week. staff r&lt;/span&gt;&lt;span style="color: rgb(102, 102, 204);"&gt;eport&lt;/span&gt;</description><link>http://hotel-n-hotel.blogspot.com/2009/07/forex-reserves-increase-to-1177-billio.html</link><author>noreply@blogger.com (INTERNAT)</author><thr:total>0</thr:total></item><item><guid isPermaLink="false">tag:blogger.com,1999:blog-3377615591540485948.post-2583008329689556582</guid><pubDate>Tue, 14 Jul 2009 10:26:00 +0000</pubDate><atom:updated>2009-10-13T06:43:00.799-07:00</atom:updated><title>Business community calls for more action on forex hoarders</title><description>&lt;span class="style6"&gt;&lt;span style="color: rgb(204, 102, 204);"&gt;Shen Chong who has no business in the country was arrested last week Wednesday by Fiscal police as he was trying to leave the country through Chileka International Airport for Hong Kong with US$39,151 (about K5.4million) loaded in seven Benson and Hedges cigarette packets.&lt;/span&gt;  &lt;span style="color: rgb(204, 102, 204);"&gt;Economist Association of Malawi President (Eca&lt;/span&gt;&lt;span style="color: rgb(153, 153, 255);"&gt;ma) Thomas Munthali said the move by government is good as most culprits are financing black market business which is not benefiting the country.&lt;/span&gt;  &lt;span style="color: rgb(153, 153, 255);"&gt;“This Chinese is not even a business person in the&lt;span style="color: rgb(204, 102, 204);"&gt; &lt;/span&gt;&lt;/span&gt;&lt;span style="color: rgb(204, 102, 204);"&gt;country which means our forex is being used elsewhere which is unfortunate. We should lack forex due to other reasons and not that because some people are hording it and externalising &lt;span style="color: rgb(153, 51, 153);"&gt;i&lt;/span&gt;&lt;/span&gt;&lt;span style="color: rgb(153, 51, 153);"&gt;t illegally.&lt;/span&gt;  &lt;span style="color: rgb(153, 51, 153);"&gt;“While we appreciate government’s effort, we also feel that this exercise could have started way back but still this could be a lesson to others who are in&lt;/span&gt;&lt;span style="color: rgb(255, 153, 255);"&gt; practice,” said Munthali.&lt;/span&gt;  &lt;span style="color: rgb(255, 153, 255);"&gt;Mulli Group Company Managing Director Leston Mulli said a lot of traders are taking advantage of the trade loop holes in the country.&lt;/span&gt;  &lt;span style="color: rgb(255, 153, 255);"&gt;“The traders are misusing the trade agreements and taking advantage of the loop holes that are there. It is good that the President Bingu wa Mutharika has warned these business people and the police have immediately acted by arresting the Chinese n&lt;/span&gt;&lt;span style="color: rgb(204, 102, 204);"&gt;ational,” said Mulli.&lt;/span&gt;  &lt;span style="color: rgb(204, 102, 204);"&gt;Mulli further said the act of hoarding forex is a disadvantage to the business community as it might lead to the devaluation of the Kwacha.&lt;/span&gt;&lt;br /&gt;&lt;br /&gt;&lt;span style="color: rgb(102, 102, 204);"&gt;“The President vowed that he will not devalue the Kwacha, but this trend might result in the Kwacha being devalued and our businesses will suffer and not only us but the consumer as well will suffer,” he said.&lt;/span&gt;  &lt;span style="color: rgb(102, 102, 204);"&gt;He then cautioned the police to be on the look out and arrest more of the culprits if the shortage of forex through illegal acts has to be dealt with.&lt;/span&gt;  &lt;span style="color: rgb(102, 102, 204);"&gt;The kwacha is said to be overvalued against scarce foreign exchange a situation that has pushed importers of goods and services into a fix.&lt;/span&gt;&lt;br /&gt;&lt;span style="color: rgb(204, 51, 204);"&gt;Official exchange rate for the Kwacha against the US dollar is firm K140 and according to Malawi Savings Bank Financial and Economic report for May, the country’s import cover was at 1.78 months up from 1.4 months in March.&lt;/span&gt;  &lt;span style="color: rgb(204, 51, 204);"&gt;President Bingu wa Mutharika said during the official opening of this year’s international trade fair he would not hesitate to deport any trader siphoning forex out of the country.&lt;/span&gt;  &lt;span style="color: rgb(204, 51, 204);"&gt;“Last year we produced and exported a lot of tobacco but where is the money? I repeat, I’m angry with you and you are enemies of the state,” said Mutharika as quoted in our sister paper Malawi News.&lt;/span&gt;  &lt;span style="color: rgb(204, 51, 204);"&gt;Forex vendors have taken advantage of the foreign currency shortage to sell the US dollar at around K200 to the dollar over the&lt;/span&gt;&lt;span style="color: rgb(102, 51, 255);"&gt; official rate of K140.&lt;/span&gt;  &lt;span style="color: rgb(102, 51, 255);"&gt;Big manufacturing companies such as Packaging Industries Malawi Limited have also cried foul saying they were having difficulties sourcing the&lt;span style="color: rgb(204, 102, 204);"&gt; &lt;/span&gt;&lt;/span&gt;&lt;span style="color: rgb(204, 102, 204);"&gt;now illusive forex to import.&lt;/span&gt;&lt;/span&gt;</description><link>http://hotel-n-hotel.blogspot.com/2009/07/business-community-calls-for-more_14.html</link><author>noreply@blogger.com (INTERNAT)</author><thr:total>0</thr:total></item><item><guid isPermaLink="false">tag:blogger.com,1999:blog-3377615591540485948.post-1441996285017163317</guid><pubDate>Tue, 14 Jul 2009 10:23:00 +0000</pubDate><atom:updated>2009-10-16T10:37:31.846-07:00</atom:updated><title>FOREX:Closes Flat AgainstDollar</title><description>&lt;span style="color: rgb(204, 102, 204);"&gt;The ringgit closed almost flat against the US dollar Wednesday amid further liberalisation announcement forex yesterday which is expected to woo more foreign trade investments, dealers said.&lt;/span&gt;  &lt;span style="color: rgb(204, 102, 204);"&gt;At 5pm, the ringgit changed trading marginally at 3.5170/5210 against the greenback from yesterday's 3.5170/&lt;/span&gt;&lt;span style="color: rgb(102, 102, 204);"&gt;5200 yesterday.&lt;/span&gt;  &lt;span style="color: rgb(102, 102, 204);"&gt;"The market is generally forex steady, boosted by the market liberalisation announcement yesterday," a dealer said.&lt;/span&gt;  &lt;span style="color: rgb(102, 102, 204);"&gt;She said the announcement m&lt;/span&gt;&lt;span style="color: rgb(204, 51, 204);"&gt;anaged to address the ringgit decline which has taken place over the last few months.&lt;/span&gt;  &lt;span style="color: rgb(204, 51, 204);"&gt;However, the forex dealer&lt;span style="color: rgb(204, 102, 204);"&gt; &lt;/span&gt;&lt;/span&gt;&lt;span style="color: rgb(204, 102, 204);"&gt;expects the ringgit's direction to be dictated by developments in the US economy.&lt;/span&gt;  &lt;span style="color: rgb(204, 102, 204);"&gt;The ringgit was traded mostly higher again&lt;/span&gt;&lt;span style="color: rgb(153, 51, 153);"&gt;st other major forex currencies at today's close.&lt;/span&gt;    &lt;span style="color: rgb(153, 51, 153);"&gt;The local unit was almost flat against the Singapore dollar at 2.4289/&lt;/span&gt;&lt;span style="color: rgb(102, 51, 255);"&gt;4340 from yesterday's 2.4289/4335 and strengthened against the British pound at 5.7788/7864 from 5.8502/8566.&lt;/span&gt;  &lt;span style="color: rgb(102, 51, 255);"&gt;Compared with the Yen, the ringgit appreciated at 3.6325/6374 from 3.6847/6887 and also rose against the Euro at 4.9488/9555 from 4.9565/9618 previously forex.&lt;/span&gt;</description><link>http://hotel-n-hotel.blogspot.com/2009/07/forexcloses-flat-againstdollar.html</link><author>noreply@blogger.com (INTERNAT)</author><thr:total>0</thr:total></item><item><guid isPermaLink="false">tag:blogger.com,1999:blog-3377615591540485948.post-1926376556804601005</guid><pubDate>Tue, 14 Jul 2009 10:22:00 +0000</pubDate><atom:updated>2009-10-18T09:46:07.390-07:00</atom:updated><title>Adapt Your Trading Style</title><description>&lt;span style="color: rgb(204, 102, 204);"&gt; stagnant situation can be boring for some, yet very profitable for others’ &lt;/span&gt;&lt;p style="color: rgb(204, 102, 204);"&gt;The U.S markets continued trade within range last week, closing Friday’s session at critical levels. News headlines had a major impact on the trading sessions, as U.S officials mentioned that they could be ready for round two, using further stimulus to combat the economic situation.&lt;/p&gt; &lt;p&gt;&lt;span style="color: rgb(204, 102, 204);"&gt;Tuesday’s session turned out to be the most volatile one, as the government released its PPIP program, another &lt;/span&gt;&lt;span style="color: rgb(102, 102, 204);"&gt;scheme which derives from the TARP program to help clear the toxic assets off bank’s balance sheets. Furthermore, President Barak Obama mentioned that another stimulus package could not be ruled out, especially due to the slow rate of recuperation.&lt;/span&gt;&lt;/p&gt; &lt;p&gt;&lt;span style="color: rgb(102, 102, 204);"&gt;The news had an immediate &lt;/span&gt;&lt;span style="color: rgb(102, 51, 255);"&gt;effect on the markets sending traders into safe-haven, as according to some further stimulus could be devastating for the U.S economy. On one hand, further stimulus would increase the U.S’s debt a&lt;/span&gt;&lt;span style="color: rgb(153, 51, 153);"&gt;nd could devaluate the Dollar sending it to lower levels. On the other hand a weaker Dollar could be the U.S’s solution; especially as President Obama mentioned that he intends to turn the economy around, diversifying its structure. As mentioned by the President at the start of his cadency, one of his major aims is to build an economy, that’s profits are not only through its financial sector, either through exporting real goods.&lt;/span&gt;&lt;/p&gt; &lt;p&gt;&lt;span style="color: rgb(153, 51, 153);"&gt;One must note that a weak Dollar might not be so good for financial investments yet it can be good for the U.S economy, because it mak&lt;/span&gt;&lt;span style="color: rgb(204, 102, 204);"&gt;es American exports cheaper and therefore helps close the trade deficit.&lt;/span&gt;&lt;/p&gt; &lt;p&gt;&lt;span style="color: rgb(204, 102, 204);"&gt;The uncertainty regarding the economic recovery was characterized by lackluster sessions for the remainder of the week, as the broader&lt;/span&gt;&lt;span style="color: rgb(102, 102, 204);"&gt; market presented doji like candlesticks, closing just above critical support levels. The S&amp;amp;P500 finished the week with a mild loss of -1.93%, while the Dow Jones closed it’s forth week down, with a loss of -1.62%.&lt;/span&gt;&lt;/p&gt;&lt;p&gt;&lt;br /&gt;&lt;/p&gt;&lt;p&gt;&lt;span style="color: rgb(102, 102, 204);"&gt;&lt;a href="http://www.freewebdirectories.org"&gt;one way text link&lt;/a&gt;&lt;br /&gt;&lt;/span&gt;&lt;/p&gt;</description><link>http://hotel-n-hotel.blogspot.com/2009/07/adapt-your-trading-style.html</link><author>noreply@blogger.com (INTERNAT)</author><thr:total>0</thr:total></item><item><guid isPermaLink="false">tag:blogger.com,1999:blog-3377615591540485948.post-9108500725160847245</guid><pubDate>Tue, 14 Jul 2009 10:21:00 +0000</pubDate><atom:updated>2009-10-16T10:37:18.942-07:00</atom:updated><category domain="http://www.blogger.com/atom/ns#">TRADING</category><title>TRADING AND FOREX</title><description>&lt;span style="color: rgb(204, 102, 204);"&gt;At the moment I am rather busy. Moving to a new place and house. The house still needs a lot of work. As a result, I do not have time to update this blog. Trading is still going on but on a shorter timeframe. Result is consistent now&lt;/span&gt;.&lt;span style="color: rgb(153, 153, 255);"&gt; AudUsd is very kind at the moment with no sudden movement.&lt;/span&gt;  &lt;span style="color: rgb(153, 153, 255);"&gt;In the next few weeks I will&lt;/span&gt;&lt;span style="color: rgb(102, 51, 255);"&gt; show you how to trade using only MA. As usual what works for me may not work for you. This is because some of you may not be able to follow the rules of the game.&lt;/span&gt;&lt;br /&gt;&lt;br /&gt;&lt;span style="color: rgb(204, 51, 204);"&gt;RULES OF THE GAME&lt;/span&gt; &lt;span style="color: rgb(204, 51, 204);"&gt;1. Trade based on your capital and the time that you have. The bigger your capital the longer the TF. The more&lt;/span&gt;&lt;span style="color: rgb(153, 51, 153);"&gt; time you have the longer the TF. Vice versa.&lt;/span&gt;  &lt;span style="color: rgb(153, 51, 153);"&gt;2. Only trade at the direction pointed by the MA pairs. If the MA pairs is showing mixed direction, do not trade. The&lt;/span&gt;&lt;span style="color: rgb(102, 102, 204);"&gt; MA pairs must be pointing at the same direction.&lt;/span&gt;  &lt;span style="color: rgb(102, 102, 204);"&gt;3. If a trade suddenly change direction, do not hesitate to close it at a loss and turn the trade. This is the hardest part where most&lt;span style="color: rgb(102, 0, 204);"&gt; &lt;/span&gt;&lt;/span&gt;&lt;span style="color: rgb(102, 0, 204);"&gt;of you failed. Free your mind or become a loser all your life.&lt;/span&gt;  &lt;span style="color: rgb(102, 0, 204);"&gt;4. Keep in mind, there is no such thing as winning all the time. Just make sure you win a lot more than you lose. In the end your profit will&lt;/span&gt;&lt;span style="color: rgb(204, 51, 204);"&gt; grow along with your confident.&lt;/span&gt;  &lt;span style="color: rgb(204, 51, 204);"&gt;Simple system with simple rules. I like to keep it simple. No point of having the most complex system when simple system can have the same result.&lt;/span&gt; &lt;span style="color: rgb(102, 0, 204);"&gt;With this system you will be out of the market most of the time. This is&lt;/span&gt; &lt;span style="color: rgb(153, 51, 153);"&gt;because you will only be taking the big move and avoiding the small move and market noise&lt;/span&gt; &lt;span style="color: rgb(153, 51, 153);"&gt;forex.&lt;/span&gt; &lt;span style="color: rgb(153, 51, 153);"&gt;Last advise. Do not anticipate. Forex is not a&lt;/span&gt;&lt;span style="color: rgb(204, 102, 204);"&gt; game of inteligence eventhough this system at full swing will show you possible turning point. I am having a possible turning point for audusd at 0.7200 but I will not take it coz there will be market swing before the actual turn. Why wast time waiting for the big move when you can actually&lt;/span&gt; &lt;span style="color: rgb(153, 51, 153);"&gt;see when its going to move.&lt;/span&gt;</description><link>http://hotel-n-hotel.blogspot.com/2009/07/trading-and-forex.html</link><author>noreply@blogger.com (INTERNAT)</author><thr:total>0</thr:total></item><item><guid isPermaLink="false">tag:blogger.com,1999:blog-3377615591540485948.post-4226335027419248688</guid><pubDate>Tue, 14 Jul 2009 10:18:00 +0000</pubDate><atom:updated>2009-10-16T10:37:14.403-07:00</atom:updated><title>Our Mission is to be your premier source for all things forex</title><description>&lt;table width="100%" background="images/about/header_bg_about.gif" border="0" cellpadding="0" cellspacing="0"&gt;&lt;tbody&gt;&lt;tr&gt;&lt;td class="cellpad3" valign="top" width="575" align="left"&gt;&lt;span class="subSubHead"&gt;&lt;b&gt;At FOREX.com, advanced trading tools, 24-hour&lt;br /&gt;                                customer support, and a secure online trading&lt;br /&gt;                            experience are all part of our commitment to&lt;br /&gt;                               offer more to the individual investor.&lt;/b&gt;&lt;/span&gt;                             &lt;/td&gt;                           &lt;td valign="top" width="1" bgcolor="#d5e2ee"&gt;&lt;img src="http://www.forex.com/images/spacer.gif" width="1" height="1" /&gt;&lt;/td&gt;                         &lt;/tr&gt;                         &lt;tr&gt;                           &lt;td colspan="3" valign="top" height="5"&gt;&lt;img src="http://www.forex.com/images/blue_marq_bottom.gif" width="575" height="5" /&gt;&lt;/td&gt;&lt;/tr&gt;&lt;/tbody&gt;&lt;/table&gt;</description><link>http://hotel-n-hotel.blogspot.com/2009/07/our-mission-is-to-be-your-premier.html</link><author>noreply@blogger.com (INTERNAT)</author><thr:total>0</thr:total></item><item><guid isPermaLink="false">tag:blogger.com,1999:blog-3377615591540485948.post-6872399646802915293</guid><pubDate>Wed, 01 Jul 2009 15:10:00 +0000</pubDate><atom:updated>2009-10-16T10:37:19.166-07:00</atom:updated><title>Forex News Trader - How To Trade Forex Using News and Economic Releases</title><description>&lt;span style="color: rgb(204, 102, 204);"&gt;While many forex traders are technical traders and institute their trades based on technical indicators from a price chart, there are some traders &lt;/span&gt;&lt;span style="color: rgb(204, 102, 204);"&gt;who are basically pure forex news traders.&lt;/span&gt;&lt;br /&gt;&lt;br /&gt;&lt;span style="color: rgb(204, 102, 204);"&gt;What is actually forex news trading?&lt;/span&gt;&lt;br /&gt;&lt;br /&gt;The forex news trader is &lt;span style="color: rgb(102, 102, 204);"&gt;basically a forex trader who makes his decisions to trade &lt;/span&gt;&lt;span style="color: rgb(102, 102, 204);"&gt;based on news and reports that are released daily. He does not depend on any technical indicators at all.&lt;/span&gt;&lt;br /&gt;&lt;br /&gt;&lt;span style="color: rgb(102, 102, 204);"&gt;Why is news trading possible?&lt;/span&gt;&lt;br /&gt;&lt;br /&gt;&lt;span style="color: rgb(102, 102, 204);"&gt;The forex market is a 24 hours market, and there are 8 major currency pairs available for trading with well over 17 derivatives, therefore allowing the economic news releases almost daily from any one or more of these currency pairs to impact on their movements.&lt;/span&gt;&lt;br /&gt;&lt;br /&gt;&lt;span style="color: rgb(102, 51, 255);"&gt;What are these 8 major currencies that forex traders often watch for economic news releases that impact on their value?&lt;/span&gt;&lt;br /&gt;&lt;br /&gt;&lt;span style="color: rgb(102, 51, 255);"&gt;The eight major tradeable currencies are&lt;/span&gt;&lt;br /&gt;&lt;span style="color: rgb(102, 51, 255);"&gt;1. U.S. dollar (USD)&lt;/span&gt;&lt;br /&gt;&lt;br /&gt;&lt;span style="color: rgb(102, 51, 255);"&gt;2. British pound (GBP)&lt;/span&gt;&lt;br /&gt;&lt;br /&gt;&lt;span style="color: rgb(102, 51, 255);"&gt;3. Euro (EUR)&lt;/span&gt;&lt;br /&gt;&lt;br /&gt;&lt;span style="color: rgb(102, 51, 255);"&gt;4. Japanese yen (JPY&lt;/span&gt;&lt;span style="color: rgb(204, 102, 204);"&gt;)&lt;/span&gt;&lt;br /&gt;&lt;br /&gt;&lt;span style="color: rgb(204, 102, 204);"&gt;5. Australian dollar (AUD)&lt;/span&gt;&lt;br /&gt;&lt;br /&gt;&lt;span style="color: rgb(204, 102, 204);"&gt;6. Swiss franc (CHF)&lt;/span&gt;&lt;br /&gt;&lt;br /&gt;&lt;span style="color: rgb(204, 102, 204);"&gt;7. Canadian dollar (CAD)&lt;/span&gt;&lt;br /&gt;&lt;br /&gt;&lt;span style="color: rgb(204, 102, 204);"&gt;8. New Zealand dollar (NZD)&lt;/span&gt;&lt;br /&gt;&lt;br /&gt;&lt;span style="color: rgb(204, 102, 204);"&gt;The availability of these currency pairs and their derivatives such as the USD/JPN, Euro/USD, AUD/USD and several others means t&lt;/span&gt;&lt;span style="color: rgb(153, 153, 255);"&gt;hat you can trade some currency or its derivative pair at any time as these currencies span the globe!&lt;/span&gt;&lt;br /&gt;&lt;br /&gt;&lt;span style="color: rgb(153, 153, 255);"&gt;So for the forex trader who trades on the news, he will have his eyes and ears set on the release of economic news and data that affect currency values.&lt;/span&gt;&lt;br /&gt;&lt;br /&gt;&lt;span style="color: rgb(153, 153, 255);"&gt;Generally, we will watch out for news regarding the interest rates or direction of interest rate such as the FOMC rate decisions, release of retail sales figures, indications of inflation which can be gauged from consumer price index or the pro&lt;/span&gt;&lt;span style="color: rgb(204, 51, 204);"&gt;ducer price index, unemployment figures, news on industrial production, news that indicate a boost in business such as business sentiment surveys and consumer confidence surveys,manufacturing sector surveys and news on the country's trade balance(such as foreign purchases of US Treasuries).&lt;/span&gt;&lt;br /&gt;&lt;br /&gt;&lt;span style="color: rgb(204, 51, 204);"&gt;Different new releases impact upon currencies, and often lead to breakouts in volatility.&lt;/span&gt;&lt;br /&gt;&lt;span style="color: rgb(204, 51, 204);"&gt;The key to trading on news is to take advantage of these movements in volatility which can last a few minutes or hours, and even days into the future.&lt;/span&gt;&lt;br /&gt;&lt;br /&gt;&lt;span style="color: rgb(204, 51, 204);"&gt;Trading purely on news release is harder than it seem&lt;/span&gt;&lt;span style="color: rgb(255, 153, 255);"&gt;s, but the task is made easier and more profitable with the use of indicators, such as a breakout indicator as a bollinger band or a breakout of a candlestick or a price bar. Statistics have shown news release can trigger movements that range in size from 33 to 124 pips, leading to trading opportunities.&lt;/span&gt;&lt;br /&gt;&lt;br /&gt;&lt;span style="color: rgb(255, 153, 255);"&gt;By studying into high probability trade setups that has occurred consistently with the release of historical economic data, the forex news trader can devise strategies that can allow him to extract fast profits from volatile movements arising from news releases. The potential gains can be massive where the forex news trader can react quickly.&lt;/span&gt;</description><link>http://hotel-n-hotel.blogspot.com/2009/07/forex-news-trader-how-to-trade-forex.html</link><author>noreply@blogger.com (INTERNAT)</author><thr:total>0</thr:total></item><item><guid isPermaLink="false">tag:blogger.com,1999:blog-3377615591540485948.post-6317066651073566570</guid><pubDate>Wed, 01 Jul 2009 15:09:00 +0000</pubDate><atom:updated>2009-10-16T10:34:31.780-07:00</atom:updated><category domain="http://www.blogger.com/atom/ns#">Forecast</category><title>Forex Options Weekly Forecast</title><description>&lt;span id="homeLeft07" class="home"&gt;&lt;span style="color: rgb(204, 102, 204);"&gt;Forex options markets show that professional traders remain remarkably indecisive, and the lack of clear-cut sentiment on the US Dollar makes it difficult to set short-term expectations with any sense of certainty. More medium-term to longer-term options bro&lt;/span&gt;&lt;span style="color: rgb(102, 102, 204);"&gt;adly favor US Dollar weakness. Yet it is important to point out that the currency recently set a bearish sentiment extreme across a broad swath of indicators, and we will be on the lookout for a turnaroun&lt;/span&gt;&lt;span style="color: rgb(204, 51, 204);"&gt;d in short-term USD expectations.&lt;/span&gt;&lt;/span&gt;</description><link>http://hotel-n-hotel.blogspot.com/2009/07/forex-options-weekly-forecast.html</link><author>noreply@blogger.com (INTERNAT)</author><thr:total>0</thr:total></item><item><guid isPermaLink="false">tag:blogger.com,1999:blog-3377615591540485948.post-3384453961022870207</guid><pubDate>Wed, 01 Jul 2009 15:07:00 +0000</pubDate><atom:updated>2009-10-16T10:34:28.398-07:00</atom:updated><title>Yen Enter Second Week of Losses as China Fuels Risk Appetite</title><description>&lt;span style="color: rgb(153, 51, 153);"&gt;The yen declined to a two-week low against the euro and lost versus several other currencies as a report in China indicated an increase in manufacturing, helping investors to be confident to purchase high-yielding assets throughout the world.&lt;/span&gt; &lt;p&gt;&lt;span style="color: rgb(153, 51, 153);"&gt;The Japanese yen had a very negative performance thi&lt;/span&gt;s &lt;span style="color: rgb(204, 102, 204);"&gt;Wednesday losing ground against all main 6 currencies traded globally, after China post the fourth manufacturing expansion in a row, suggesting that the Asian nation is recovering quickly from the global slump and may lead other countries on their way out of recession, raising confiden&lt;/span&gt;c&lt;span style="color: rgb(102, 102, 204);"&gt;e among traders to sell their assets in Japan in order to purchase riskier assets, since the yen is the lowest yielding currency option and often referred as a refuge in stormy economic times. The&lt;span style="color: rgb(204, 102, 204);"&gt; &lt;/span&gt;&lt;/span&gt;&lt;span style="color: rgb(204, 102, 204);"&gt;euro posted the sharpest gains versus the yen as European stocks had a positive day generally, adding to the already favorable scenario for the euro to rally against the Japanese currency.&lt;/span&gt;&lt;/p&gt;</description><link>http://hotel-n-hotel.blogspot.com/2009/07/yen-enter-second-week-of-losses-as.html</link><author>noreply@blogger.com (INTERNAT)</author><thr:total>0</thr:total></item><item><guid isPermaLink="false">tag:blogger.com,1999:blog-3377615591540485948.post-1934585426755675328</guid><pubDate>Wed, 01 Jul 2009 15:04:00 +0000</pubDate><atom:updated>2009-10-16T10:34:21.262-07:00</atom:updated><category domain="http://www.blogger.com/atom/ns#">Banks</category><title>ockhardt is talking tough with banks that have unilaterally terminated their forex contracts with the company ahead of schedule. These are large forei</title><description>&lt;span style="color: rgb(204, 102, 204);"&gt;Mr Khorakiwala also said that Wockhardt would be divesting more of its non-core assets in  3-6 months. “We will also consolidate our business. This, however, will not impact either our topline or bottomline. In fact, we see profitability improving,” he said.&lt;/span&gt;&lt;br /&gt;&lt;br /&gt;&lt;br /&gt;&lt;span style="color: rgb(204, 102, 204);"&gt;At present, over 70% of Wockhardt’s turnover is from its international operations and sales. The company is also believed to be looking for&lt;/span&gt;&lt;span style="color: rgb(102, 102, 204);"&gt; a buyer for its Irish facility Pinewood and its French subsidiary Negma Laboratories, though Mr Khorakiwala declined to comment on the issue.&lt;/span&gt;&lt;br /&gt;&lt;br /&gt;&lt;span style="color: rgb(204, 51, 204);"&gt;Quashing speculations that it was looking at selling its hospital business, Mr Khorakiwala said that the company was&lt;/span&gt;&lt;span style="color: rgb(153, 153, 255);"&gt; in discussions with various players to sell a minority stake in Wockhardt Hospitals. “We are in talks with a number of strategic investors, including Fortis &lt;/span&gt;&lt;a id="KonaLink1" target="undefined" class="kLink" style="text-decoration: underline ! important; position: static;" href="http://economictimes.indiatimes.com/News/News-By-Industry/Wockhardt-may-take-forex-issue-to-court/articleshow/4718054.cms#"&gt;&lt;span style="font-weight: 400; position: static; color: rgb(176, 0, 0);font-family:Arial,Helvetica,sans-serif;font-size:12;"  &gt;&lt;span class="kLink" style="font-weight: 400; position: static; color: rgb(176, 0, 0);font-family:Arial,Helvetica,sans-serif;font-size:12;"  &gt;Healthcare&lt;/span&gt;&lt;/span&gt;&lt;/a&gt;,&lt;span style="color: rgb(204, 102, 204);"&gt; for our hospital business. We will retain majority stake,” he said. “We are also looking for partners for our biotech business, but that will take 12-18 months,” he added.&lt;/span&gt;</description><link>http://hotel-n-hotel.blogspot.com/2009/07/ockhardt-is-talking-tough-with-banks.html</link><author>noreply@blogger.com (INTERNAT)</author><thr:total>0</thr:total></item><item><guid isPermaLink="false">tag:blogger.com,1999:blog-3377615591540485948.post-591907838606243731</guid><pubDate>Wed, 01 Jul 2009 15:03:00 +0000</pubDate><atom:updated>2009-10-16T10:34:36.729-07:00</atom:updated><title>Exchange Rates</title><description>&lt;span style="color: rgb(204, 51, 204);"&gt;Perodua expects to pay an average of 100 yen per dollar for parts from Japan in its 2009 financial budgeting, he said, versus 106 yen in 2008. The ringgit has gained 4.6 per cent to 3.6548 per 100 yen this year, pa&lt;/span&gt;&lt;span style="color: rgb(153, 153, 255);"&gt;ring a 22.9 per cent slump in 2008, according to data compiled by Bloomberg.&lt;/span&gt;  &lt;span style="color: rgb(153, 153, 255);"&gt;The local currency gained 3.8 per cent agai&lt;/span&gt;&lt;span style="color: rgb(204, 102, 204);"&gt;nst the greenback in the second quarter to 3.521, paring a 5.3 per cent loss in the first quarter. The company is assuming an average ringgit rate of 3.6 per dollar this year, compared with 3.3 in 2008, he said.&lt;/span&gt;&lt;br /&gt;&lt;span style="color: rgb(102, 102, 204);"&gt;“Import costs increased by 12 to 15 per cent, depending on the car model, in the first quarter,” Syed Abdull Hafiz said.&lt;/span&gt;&lt;br /&gt;&lt;br /&gt;&lt;span style="color: rgb(204, 51, 204);"&gt;Perodua, started in 1994, produces compact cars based on Toyota’s models such as the Mira and Passo. The manufacturer is 25 per cent-owned by Daihatsu Motor Co, a unit of the Toyota-city, Japan-based &lt;/span&gt;&lt;span style="color: rgb(153, 51, 153);"&gt;Toyota. Overseas shipments account for less than 1 percent of total sales, Syed Hafiz said. -- Bloomberg&lt;/span&gt;  &lt;!-- Zone Tag : New Straits Times NST Business &amp; Finance Balloon Ad --&gt; &lt;script type="text/javascript"&gt; innity_pub = "c16a5320fa475530d9583c34fd356ef5"; innity_cat = "BUSINESS_FINANCE"; innity_zone = "141"; innity_width = "260"; innity_height = "230"; &lt;/script&gt; &lt;script type="text/javascript" src="http://cdn.innity.com/network.js"&gt;&lt;/script&gt;&lt;script type="text/javascript" src="http://avp.innity.com/synd/c16a5320fa475530d9583c34fd356ef5/141/js/260/230/BUSINESS_FINANCE/1246460538188"&gt;&lt;/script&gt;    &lt;center&gt; &lt;table cellpadding="0" cellspacing="3"&gt; &lt;tbody&gt;&lt;tr&gt;&lt;td&gt;&lt;br /&gt;&lt;/td&gt;&lt;/tr&gt; &lt;/tbody&gt;&lt;/table&gt; &lt;/center&gt;</description><link>http://hotel-n-hotel.blogspot.com/2009/07/exchange-rates.html</link><author>noreply@blogger.com (INTERNAT)</author><thr:total>0</thr:total></item><item><guid isPermaLink="false">tag:blogger.com,1999:blog-3377615591540485948.post-7616346621704431445</guid><pubDate>Wed, 01 Jul 2009 15:00:00 +0000</pubDate><atom:updated>2009-10-16T10:34:14.269-07:00</atom:updated><category domain="http://www.blogger.com/atom/ns#">Forex News</category><title>Forex News</title><description>&lt;strong&gt;Euro Gains on the Dollar&lt;/strong&gt; &lt;p&gt;&lt;span style="color: rgb(255, 153, 255);"&gt; The euro gained on the dollar rising to 1.4067 dollars from 1.4032 dollars at the close in New York yesterday. The &lt;/span&gt;&lt;a style="color: rgb(255, 153, 255);" href="http://www.fxpedia.com/European_Central_Bank" target="_blank"&gt;European Central Bank&lt;/a&gt;&lt;span style="color: rgb(255, 153, 255);"&gt; is scheduled to make an interest rate decision tomorrow where it is widely e&lt;/span&gt;&lt;span style="color: rgb(102, 51, 255);"&gt;xpected that the bank will hold interest rates at the current 1 percent benchmark. &lt;/span&gt;&lt;a style="color: rgb(102, 51, 255);" href="http://ca.news.yahoo.com/s/afp/090701/business/forex_europe" target="_blank"&gt;&lt;em&gt;More&lt;/em&gt;&lt;/a&gt;&lt;/p&gt; &lt;p style="color: rgb(102, 51, 255);"&gt; &lt;strong&gt;US Mortgage Applications Fall 30%&lt;/strong&gt;&lt;/p&gt; &lt;p&gt;&lt;span style="color: rgb(102, 51, 255);"&gt; The US-based Mortgage Bankers Assoc&lt;span style="color: rgb(153, 153, 255);"&gt;i&lt;/span&gt;&lt;/span&gt;&lt;span style="color: rgb(153, 153, 255);"&gt;ation said today that applications for new mortgages plunged by 30 percent in June to the lowest level in seven months, indicating that earlier signs of a housing recovery may be short-lived. &lt;/span&gt;&lt;a style="color: rgb(153, 153, 255);" href="http://news.yahoo.com/s/nm/20090701/bs_nm/us_mortgage_applications" target="_blank"&gt;&lt;em&gt;More&lt;/em&gt;&lt;/a&gt;&lt;/p&gt; &lt;p style="color: rgb(204, 102, 204);"&gt; &lt;strong&gt;UK Purchasing Managers Index Slows Losses&lt;/strong&gt;&lt;/p&gt; &lt;p&gt;&lt;span style="color: rgb(204, 102, 204);"&gt; In a sign that the British economy could be nearing the bottom of the recession, the Purchasing Manager’s Index (PMI) contracte&lt;/span&gt;&lt;span style="color: rgb(204, 51, 204);"&gt;d at its slowest pace in over a year last month, and for the first time in fifteen months, the output index was positive. &lt;/span&gt;&lt;a style="color: rgb(204, 51, 204);" href="http://news.bbc.co.uk/2/hi/business/8128265.stm" target="_blank"&gt;&lt;em&gt;More&lt;/em&gt;&lt;/a&gt;&lt;/p&gt; &lt;p style="color: rgb(204, 51, 204);"&gt; &lt;strong&gt;Yellen Says US Rates Could Remain Near Zero For Several Years&lt;/strong&gt;&lt;/p&gt; &lt;p&gt;&lt;span style="color: rgb(204, 51, 204);"&gt; Janet Yellen - a voting member of the &lt;/span&gt;&lt;a style="color: rgb(204, 51, 204);" href="http://www.fxpedia.com/United_States_Federal_Reserve#fomc" target="_blank"&gt;Federal Open Market Committee&lt;/a&gt;&lt;span style="color: rgb(204, 51, 204);"&gt; - said talk of a rate increase later this year are “jumping the gun”, noting that the US jobless rate will likely continue to increase for the rest of the year and even in&lt;/span&gt;&lt;span style="color: rgb(153, 153, 255);"&gt;to 2010. &lt;/span&gt;&lt;a style="color: rgb(153, 153, 255);" href="http://news.yahoo.com/s/nm/20090701/bs_nm/us_usa_fed_yellen" target="_blank"&gt;&lt;em&gt;More&lt;/em&gt;&lt;/a&gt;&lt;/p&gt;</description><link>http://hotel-n-hotel.blogspot.com/2009/07/forex-news.html</link><author>noreply@blogger.com (INTERNAT)</author><thr:total>0</thr:total></item><item><guid isPermaLink="false">tag:blogger.com,1999:blog-3377615591540485948.post-5419325197687646184</guid><pubDate>Wed, 01 Jul 2009 15:00:00 +0000</pubDate><atom:updated>2009-10-16T10:34:07.054-07:00</atom:updated><category domain="http://www.blogger.com/atom/ns#">Foreign exchange</category><title>Forex reserves increase to $11.77 billion</title><description>&lt;span style="color: rgb(204, 102, 204);"&gt;KARACHI: The country’s foreign exchange reserves increased to $11.770 billion on the week ending on June 20, 2009 as compared with $11.643 billion last week, data released by the State Bank of Pakistan showed on Thursday. The total reserves witnessed an increase of $127 million during the week. The reserves held by &lt;/span&gt;&lt;span style="color: rgb(204, 51, 204);"&gt;the State Bank of Pakistan witnessed an increase of $151 million as the reserve reached to $8.452 billion, as compared to $8.301 billion last week. Similarly, the reserves held by the banks other than SBP recorded a decline of $25 million to reach $3.317 billion as compared to $3.342 last week. staff r&lt;/span&gt;&lt;span style="color: rgb(102, 102, 204);"&gt;eport&lt;/span&gt;</description><link>http://hotel-n-hotel.blogspot.com/2009/07/forex-reserves-increase-to-1177-billion.html</link><author>noreply@blogger.com (INTERNAT)</author><thr:total>0</thr:total></item><item><guid isPermaLink="false">tag:blogger.com,1999:blog-3377615591540485948.post-6938880001464378816</guid><pubDate>Wed, 01 Jul 2009 14:59:00 +0000</pubDate><atom:updated>2009-07-01T08:00:01.721-07:00</atom:updated><title>Business community calls for more action on forex hoarders BY CAROLINE KANDIERO</title><description>&lt;span class="style6"&gt;Business experts have commended government for its action on forex hoarders which led to the arrest of a Chinese national last week after President Bingu wa Mutharika openly said that some businessmen were responsible for the shortage of forex in the country.&lt;br /&gt;&lt;br /&gt;Shen Chong who has no business in the country was arrested last week Wednesday by Fiscal police as he was trying to leave the country through Chileka International Airport for Hong Kong with US$39,151 (about K5.4million) loaded in seven Benson and Hedges cigarette packets.&lt;br /&gt;&lt;br /&gt;Economist Association of Malawi President (Ecama) Thomas Munthali said the move by government is good as most culprits are financing black market business which is not benefiting the country.&lt;br /&gt;&lt;br /&gt;“This Chinese is not even a business person in the country which means our forex is being used elsewhere which is unfortunate. We should lack forex due to other reasons and not that because some people are hording it and externalising it illegally.&lt;br /&gt;&lt;br /&gt;“While we appreciate government’s effort, we also feel that this exercise could have started way back but still this could be a lesson to others who are in practice,” said Munthali.&lt;br /&gt;&lt;br /&gt;Mulli Group Company Managing Director Leston Mulli said a lot of traders are taking advantage of the trade loop holes in the country.&lt;br /&gt;&lt;br /&gt;“The traders are misusing the trade agreements and taking advantage of the loop holes that are there. It is good that the President Bingu wa Mutharika has warned these business people and the police have immediately acted by arresting the Chinese national,” said Mulli.&lt;br /&gt;&lt;br /&gt;Mulli further said the act of hoarding forex is a disadvantage to the business community as it might lead to the devaluation of the Kwacha.&lt;br /&gt;&lt;br /&gt;“The President vowed that he will not devalue the Kwacha, but this trend might result in the Kwacha being devalued and our businesses will suffer and not only us but the consumer as well will suffer,” he said.&lt;br /&gt;&lt;br /&gt;He then cautioned the police to be on the look out and arrest more of the culprits if the shortage of forex through illegal acts has to be dealt with.&lt;br /&gt;&lt;br /&gt;The kwacha is said to be overvalued against scarce foreign exchange a situation that has pushed importers of goods and services into a fix.&lt;br /&gt;&lt;br /&gt;Official exchange rate for the Kwacha against the US dollar is firm K140 and according to Malawi Savings Bank Financial and Economic report for May, the country’s import cover was at 1.78 months up from 1.4 months in March.&lt;br /&gt;&lt;br /&gt;President Bingu wa Mutharika said during the official opening of this year’s international trade fair he would not hesitate to deport any trader siphoning forex out of the country.&lt;br /&gt;&lt;br /&gt;“Last year we produced and exported a lot of tobacco but where is the money? I repeat, I’m angry with you and you are enemies of the state,” said Mutharika as quoted in our sister paper Malawi News.&lt;br /&gt;&lt;br /&gt;Forex vendors have taken advantage of the foreign currency shortage to sell the US dollar at around K200 to the dollar over the official rate of K140.&lt;br /&gt;&lt;br /&gt;Big manufacturing companies such as Packaging Industries Malawi Limited have also cried foul saying they were having difficulties sourcing the now illusive forex to import.&lt;br /&gt;&lt;br /&gt;Trade data indicates that Malawi’s import bill for 2008 hit the US$1 billion mark since the country is highly dependent on imported goods.&lt;br /&gt;&lt;br /&gt;The Reserve Bank of Malawi has for close to two years been operating a directive that all forex earnings should be routed through its system. &lt;/span&gt;</description><link>http://hotel-n-hotel.blogspot.com/2009/07/business-community-calls-for-more.html</link><author>noreply@blogger.com (INTERNAT)</author><thr:total>0</thr:total></item><item><guid isPermaLink="false">tag:blogger.com,1999:blog-3377615591540485948.post-586292201198756732</guid><pubDate>Wed, 01 Jul 2009 14:58:00 +0000</pubDate><atom:updated>2009-09-06T07:49:19.691-07:00</atom:updated><category domain="http://www.blogger.com/atom/ns#">Investments</category><title>FOREX: Ringgit Closes Flat Against U.S. Dollar</title><description>KUALA LUMPUR, July 1 (Bernama) -- The ringgit closed almost flat against the US dollar Wednesday amid further liberalisation announcement yesterday which is expected to woo more foreign investments, dealers said.&lt;br /&gt;&lt;br /&gt;At 5pm, the ringgit changed marginally at 3.5170/5210 against the greenback from yesterday's 3.5170/5200 yesterday.&lt;br /&gt;&lt;br /&gt;"The market is generally steady, boosted by the market liberalisation announcement yesterday," a dealer said.&lt;br /&gt;&lt;br /&gt;She said the announcement managed to address the ringgit decline which has taken place over the last few months.&lt;br /&gt;&lt;br /&gt;However, the dealer expects the ringgit's direction to be dictated by developments in the US economy.&lt;br /&gt;&lt;br /&gt;The ringgit was traded mostly higher against other major currencies at today's close.&lt;br /&gt;&lt;br /&gt;&lt;br /&gt;&lt;br /&gt;The local unit was almost flat against the Singapore dollar at 2.4289/4340 from yesterday's 2.4289/4335 and strengthened against the British pound at 5.7788/7864 from 5.8502/8566.&lt;br /&gt;&lt;br /&gt;Compared with the Yen, the ringgit appreciated at 3.6325/6374 from 3.6847/6887 and also rose against the Euro at 4.9488/9555 from 4.9565/9618 previously.</description><link>http://hotel-n-hotel.blogspot.com/2009/07/forex-ringgit-closes-flat-against-us.html</link><author>noreply@blogger.com (INTERNAT)</author><thr:total>0</thr:total></item><item><guid isPermaLink="false">tag:blogger.com,1999:blog-3377615591540485948.post-6911819038878070622</guid><pubDate>Sat, 11 Apr 2009 19:30:00 +0000</pubDate><atom:updated>2009-10-16T10:30:47.151-07:00</atom:updated><category domain="http://www.blogger.com/atom/ns#">The Centaurus</category><title>The Centaurus 7 star hotel in islamabad, PAKISTAN</title><description>&lt;a style="color: rgb(204, 102, 204);" href="http://www.thecentaurus.com/" onclick="javascript:pageTracker._trackPageview('/outgoing/www.thecentaurus.com');"&gt;The Centaurus hotel&lt;/a&gt;&lt;span style="color: rgb(204, 102, 204);"&gt; will be a seven-star hotel located in The Centaurus development project upon its completion, projected to&lt;/span&gt; &lt;span style="color: rgb(153, 153, 255);"&gt;be in 2010. Officials in Pakistan hope that the entire plaza will serve as a symbol of both the country’s personal and interna&lt;/span&gt;&lt;span style="color: rgb(204, 51, 204);"&gt;tional growth. The hotel itself will be 37 stories tall.&lt;/span&gt;</description><link>http://hotel-n-hotel.blogspot.com/2009/04/centaurus-7-star-hotel-in-islamabad.html</link><author>noreply@blogger.com (INTERNAT)</author><thr:total>0</thr:total></item><item><guid isPermaLink="false">tag:blogger.com,1999:blog-3377615591540485948.post-6342467955324146949</guid><pubDate>Sat, 11 Apr 2009 19:19:00 +0000</pubDate><atom:updated>2009-09-06T07:46:10.257-07:00</atom:updated><category domain="http://www.blogger.com/atom/ns#">Burj Al Arab Dubai</category><title>Burj Al Arab Dubai, United Arab Emirates, hotel</title><description>&lt;a onblur="try {parent.deselectBloggerImageGracefully();} catch(e) {}" href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEiM8ZuFZEmyAKCREsk_25NgxMTnSPwH8RBAacEqIZViGYqNnfRWbc7TiPZbAVck01ooCVIEqlVlQXCByvgh9ub-cXuKMOo20VjD7lK-g25fYxik0qapSOA2oXaUzrFw-tq0afgO6TNzIArQ/s1600-h/1.jpg"&gt;&lt;img style="margin: 0pt 10px 10px 0pt; float: left; cursor: pointer; width: 401px; height: 319px;" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEiM8ZuFZEmyAKCREsk_25NgxMTnSPwH8RBAacEqIZViGYqNnfRWbc7TiPZbAVck01ooCVIEqlVlQXCByvgh9ub-cXuKMOo20VjD7lK-g25fYxik0qapSOA2oXaUzrFw-tq0afgO6TNzIArQ/s320/1.jpg" alt="" id="BLOGGER_PHOTO_ID_5323517932430841362" border="0" /&gt;&lt;/a&gt;&lt;br /&gt;&lt;br /&gt;&lt;br /&gt;&lt;br /&gt;&lt;a onblur="try {parent.deselectBloggerImageGracefully();} catch(e) {}" href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEjp0XRandnfr9tNy50a-GwinxVOYCFjkXo-7G6HKkaK6Y4S5ZUsncY7lwZc-fm_sNVIgfXKOj_vSRQPgrMKLZ4Qq9-EG2YtkFhSGLZeCJiLb5M7fzZtQta8FjWXnIXYqmYDKc6rk9ke_qxQ/s1600-h/3.jpg"&gt;&lt;img style="margin: 0pt 10px 10px 0pt; float: left; cursor: pointer; width: 402px; height: 138px;" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEjp0XRandnfr9tNy50a-GwinxVOYCFjkXo-7G6HKkaK6Y4S5ZUsncY7lwZc-fm_sNVIgfXKOj_vSRQPgrMKLZ4Qq9-EG2YtkFhSGLZeCJiLb5M7fzZtQta8FjWXnIXYqmYDKc6rk9ke_qxQ/s320/3.jpg" alt="" id="BLOGGER_PHOTO_ID_5323516776395046802" border="0" /&gt;&lt;/a&gt;&lt;br /&gt;&lt;br /&gt;&lt;span style="color: rgb(204, 51, 204);"&gt;A Billowing Sail-shaped Structure Soaring 321 Metres Above The Arabian Gulf Burj Al Arab Is A Dramatic Tribute To The Regions Seafaring Heritage. Combining The Latest Technology With A Long-standing Reputation&lt;/span&gt; &lt;span style="color: rgb(255, 153, 255);"&gt;Of Arabian Hospitality The Hotel Symbolizes The Very Essence Of Dubai Embracing The Best Of New Alongside Traditions Of The Past. Guests Can Transfer From Dubai International Airport By Rolls Royce Silver Seraph Limousines. 202 Suites Have Been &lt;/span&gt;E&lt;span style="color: rgb(102, 102, 204);"&gt;xquisitely Crafted And Appointed To Achieve A Degree Of Comfortable Luxury To Satisfy The Senses Of Every Guest From All Corners Of The World. Individual Service And Attention To Detail Are Paramount With A Private Reception On Each Floor As Well As Butler Service For Every Suite. Within Each Suite Lies Sophisticated Technology Providing The Largest Selection Of Satellite T&lt;/span&gt;&lt;span style="color: rgb(153, 51, 153);"&gt;elevision Channels Available In The Middle East. Every Suite Features Its Own Laptop Notebook Computer, Fax Machine And Printer. &lt;/span&gt;</description><link>http://hotel-n-hotel.blogspot.com/2009/04/burj-al-arab-dubai-united-arab-emirates_11.html</link><author>noreply@blogger.com (INTERNAT)</author><media:thumbnail xmlns:media="http://search.yahoo.com/mrss/" height="72" url="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEiM8ZuFZEmyAKCREsk_25NgxMTnSPwH8RBAacEqIZViGYqNnfRWbc7TiPZbAVck01ooCVIEqlVlQXCByvgh9ub-cXuKMOo20VjD7lK-g25fYxik0qapSOA2oXaUzrFw-tq0afgO6TNzIArQ/s72-c/1.jpg" width="72"/><thr:total>0</thr:total></item><item><guid isPermaLink="false">tag:blogger.com,1999:blog-3377615591540485948.post-2178835447663487224</guid><pubDate>Sat, 11 Apr 2009 19:15:00 +0000</pubDate><atom:updated>2009-10-16T10:29:47.215-07:00</atom:updated><category domain="http://www.blogger.com/atom/ns#">Jumeirah Beach</category><title>Jumeirah Beach Hotel Dubai, United Arab Emirates</title><description>&lt;span style="color: rgb(153, 153, 255);"&gt;Reinventing the hotel experience, The Award Winning Jumeirah Beach Hotel introduces a new lifestyle that integrates all the excitement and exhilaration designed for couples, families and friends. All 600 Hotel Rooms And Suites Enjoy A Uninterrupted Spectacular Panoramic View Of The Arabian Gulf, Some With Private Balc&lt;/span&gt;o&lt;span style="color: rgb(204, 102, 204);"&gt;nies. Luxuriously Appointed And Exquisitely Furnished, At 50 Square Metres Each Room Exceeds The Proportions Of Most International Hotels. The Resort Facilities Include 20 Rest&lt;/span&gt;&lt;span style="color: rgb(153, 51, 153);"&gt;aurants And Bars, Conference Centre for Up To 1,600 People, Business Centre, Sinbads Kids Club and VIBES Teens Club, 4 Swimming Pools, 7 Tennis Courts, Golf Driving Range And Putting Green, Marina And Sports Club, Watersports, 900 Metres Of Private Beach, Pavilion Dive Centre And A Pu&lt;/span&gt;&lt;span style="color: rgb(153, 153, 255);"&gt;rpose-Built Coral Reef 2 Km Offshore. All Guests Also Receive Complimentary Access to Wild Wadi Water Park.&lt;/span&gt;</description><link>http://hotel-n-hotel.blogspot.com/2009/04/jumeirah-beach-hotel-dubai-united-arab.html</link><author>noreply@blogger.com (INTERNAT)</author><thr:total>0</thr:total></item><item><guid isPermaLink="false">tag:blogger.com,1999:blog-3377615591540485948.post-6526193385713843057</guid><pubDate>Sat, 11 Apr 2009 19:11:00 +0000</pubDate><atom:updated>2009-10-16T10:28:27.845-07:00</atom:updated><category domain="http://www.blogger.com/atom/ns#">Burj Al Arab Dubai</category><category domain="http://www.blogger.com/atom/ns#">pakistan</category><category domain="http://www.blogger.com/atom/ns#">technology</category><category domain="http://www.blogger.com/atom/ns#">world</category><title>Raffles Dubai hotel</title><description>&lt;span style="color: rgb(102, 102, 204);"&gt;Inspired by the great pyramids of Egypt, Raffles Dubai radiates an opulent blend of Middle Eastern and Asian decor. Under the apex of the pyramid, 11 distinctive restaurants and bars feature culinary delights from all over the world&lt;/span&gt;.&lt;span style="color: rgb(204, 102, 204);"&gt; For successful meetings and events Raffles Dubai offers a choice of 11 private rooms with state-of-the-art audio visual equipment and the latest wireless technology&lt;/span&gt;</description><link>http://hotel-n-hotel.blogspot.com/2009/04/raffles-dubai-hotel.html</link><author>noreply@blogger.com (INTERNAT)</author><thr:total>0</thr:total></item><item><guid isPermaLink="false">tag:blogger.com,1999:blog-3377615591540485948.post-2399350190543857512</guid><pubDate>Sat, 11 Apr 2009 08:46:00 +0000</pubDate><atom:updated>2009-07-14T11:53:32.484-07:00</atom:updated><title>The Harbour Hotel and Residence Dubai, United Arab Emirates</title><description>&lt;a onblur="try {parent.deselectBloggerImageGracefully();} catch(e) {}" href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEhx3wZojDtRpsMoja_O3DAvclur2m_kVOmnbFeZj4Fi5hg-_uKD0EkabYaxkRTuiYrqdMak37R0hQjOyjJSgjTA4HYFDlxuAnJgTFL-PHw_evbo29IIvEFSEZgB_ZlksKnoFUUVSSnRCwmV/s1600-h/2.jpg"&gt;&lt;img style="margin: 0pt 10px 10px 0pt; float: left; cursor: pointer; width: 374px; height: 263px;" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEhx3wZojDtRpsMoja_O3DAvclur2m_kVOmnbFeZj4Fi5hg-_uKD0EkabYaxkRTuiYrqdMak37R0hQjOyjJSgjTA4HYFDlxuAnJgTFL-PHw_evbo29IIvEFSEZgB_ZlksKnoFUUVSSnRCwmV/s320/2.jpg" alt="" id="BLOGGER_PHOTO_ID_5323352870370343554" border="0" /&gt;&lt;/a&gt;&lt;br /&gt;&lt;span style="color: rgb(204, 102, 204);"&gt;For a place to catch up on business or catch up with friends. For mornings spent in cafes, reading emails, watching the world go by. For lunchtimes spent pool-side sampling Mediterranean cuisine, hosting clients, enjoying family. For afternoon work-outs, post-conference call, pre-sunset swim. For evening&lt;/span&gt;s &lt;span style="color: rgb(102, 102, 204);"&gt;when it's dinner at home, with friends or just you. Relax, you are at The Harbour. All your needs are being taken &lt;/span&gt;</description><link>http://hotel-n-hotel.blogspot.com/2009/04/harbour-hotel-and-residence-dubai_11.html</link><author>noreply@blogger.com (INTERNAT)</author><media:thumbnail xmlns:media="http://search.yahoo.com/mrss/" height="72" url="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEhx3wZojDtRpsMoja_O3DAvclur2m_kVOmnbFeZj4Fi5hg-_uKD0EkabYaxkRTuiYrqdMak37R0hQjOyjJSgjTA4HYFDlxuAnJgTFL-PHw_evbo29IIvEFSEZgB_ZlksKnoFUUVSSnRCwmV/s72-c/2.jpg" width="72"/><thr:total>0</thr:total></item></channel></rss>