Friday, June 09, 2006

START FREE FOREX SIGNAL

FOREX TRADINGRegional currency weakened against US dollar that continued to strengthen in various global markets.
Ekspektasi the market in various parts of the world increasingly high towards the rise in the US interest,followed the newest statement from the official Fed.Governor Fed for the territory of Saint Louis,William Poole said, melamban him the economy all of a sudden was not able to reduce the inflationpressure.This matter in line with the Chairman's statement Fed Ben Bernanke that the previous daysaid that the agency that was led by him must have a conscientious attitude to stifle inflation.These statements made the market increasingly was sure that the US central bank will continuethe policy of the rise in the interest that took place for two years.Andy Xie from Morgan Stanley said,the high interest could trigger the action sell off to emerging market like that happened recently iniStill the strengthening US dollar both in the global and regional market made rupiah increasinglywas oppressed.Rupiah then was predicted will plummet through to 9.500 in the near future.Opened in the level 9.330, rupiah began to lose the momentum.The action bought dollar appearance influenced the temporary trade in some perpetrators of the market resisted.To struck 10.00, rupiah was in the position 9.365.Although the Indonesian Bank it was suspected entered the market to prevent the further weakening,fate rupiah did not change.Time had lunch, rupiah was recorded 9.365.In the session in the afternoon rupiah was traded in in the range 9.365 and 9.385.Rupiah increasingly was pressured with the BEJ index fall, to follow the weakening of the indexin the global effect market.IHSG again declined as far as 29.767 points (2,26%) and was closed 1.287,178.Rupiah was closed 9.370 per US dollar on Wednesday, descended from 9340, on Tuesday.Singaporen dollar was closed 1,5815 per US dollar, descended from 1,5769 on Tuesday.Baht was closed 38,27 per US dollar, compared to 38,14, on Tuesday.Ringgit was closed 3.6550 per US dollar, descended from 3,6430 the previous day.The governor of the China central bank, Zhou Xiaochuan stressed came back that yuanin stages will be made currency that fully convertible.Yuan was closed 8,0183 per US dollar,descended 8,0144 beforehand.In Tokio, dollar seldom weakened, but still in the most high-ranking position for the last one months.Dollar, that continued to strengthen in various world markets, was curbed in Tokio,resulting from many investors who took the attitude carefully towards the sudden changein the central bank's US attitude that menginsyaratkan would the existence of the rise in the interest.Yen got the support from the Japanese exporter that released dollar in the number thatquite significant in the middle of the market that not busier.US dollar finally was recorded113,15 yen, compared to 113,30 beforeIn London, dollar continued to strengthen against euro and an amount of main currency the other world.But the strengthening dollar collided with the prospect increasingly the improvement of the economyin the European region.The sale retail in the zone euro rose 2,9% to last April, exceeded the estimateof the market that only 2,3%.The improvement of the economic data provoked the speculation thatECB will increase the interest of 50 basis of the point.However, most analysts estimatedthat the European Central Bank will increase the interest of 25 basis of the point to 2, 75%in their meeting on Thursday.The exchange rate exchanged dollar in the trade at noon,could be recorded as follows: Yen Japan: 113,25 rose from 113,14Swiss Franc: 1,2175, rose from 1.2145 sebelumnyaCanadian Dollar: 1,1137, rose from 1,127Sterling against US dollar: 1,8613, rose from 1,8608Euro against US dollar: 1,2817, descended from 1,2834 beforehand.