Bank Negara warns against illegal foreign currency trading – star.com.my
PETALING JAYA: Bank Negara has warned the public to not participate in any illegal investment or training programme on foreign currency trading offered by local or foreign individuals or companies. The central bank warned that it was an offense under
Major pair's fluctuations continue… – FXStreet.com
dollar pair is now slightly plummeting and is forecasted to slip further to the downside according to the four-hour and one-hour stochastic oscillator, having the Union currency trading so far around 1.4389 recording a high of 1.4416 and a low
Bank Negara to block illegal currency trading – star.com.my
PETALING JAYA: Bank Negara is coming down hard against companies or individuals – domestic and foreign – that organise investment or training programmes on illegal foreign currency trading. The central bank advised the public not to participate
Dollar Slide Deepens After Fed Minutes – Wall Street Journal
NEW YORK — The dollar declined against most rivals Wednesday after the Federal Reserve signaled that it's not in a rush to raise interest rates. The greenback extended its overnight losses against the euro and other higher-yielding currencies after
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The reasons for this are natural enough. The dollar volume of business in shares of investment companies, although growing rapidly, is still only a few per cent of the total volume in stock-dealing. Also, purchases of mutual funds are apt to be in small dollar amounts, causing many dealers to consider them a nuisance. Some dealers appear to be positively opposed to mutual funds, probably fearing that the funds are reducing speculation, thereby cutting a dealer's commissions. On the other hand, a minority of dealers take mutual funds seriously, and some have a mutual-fund department, whose representatives are trained to concentrate on mutual funds. Here we run into another difficulty.
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And you will be attempting to relate this news to the fluctuations of the market and the performance of particular stocks. It may seem to be a great deal to absorb, but much of it will be information you normally pick up, anyway. Only now you will be applying it for its special relevance to your new interest in investment. Political and social developments, you will find, can have an immediate or eventual effect on stock prices as readily as economic factors. When the Suez Canal was closed, stocks of companies obtaining appreciable amounts of oil from the Middle East reacted adversely, while domestic oils advanced, anticipating a greater demand on their production. Washington, in all its ramifications, can alter the course of the market.
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Here the word "insured" means exactly what a layman would suppose it means. But in the savings and loan association, nothing happens, for the association is not legally obliged to pay its members promptly. It can pay off gradually, taking many years to do so. The insurance in the F.S.
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More on Currency trading training – C. steps in immediately and pays depositors promptly.
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