Forex reserves up $932 mn to $264.58 bn (Business Standard India)

India's forex reserves rose by $932 million to $264.584 billion for the week ended June 26 as compared to $263.652 billion in the previous week.

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Forex Sentiment Indicator Forecasts EURUSD Losses Following NFP's (Daily FX via Yahoo! Finance)

EURUSD - Euro Forecast to Decline Further on Shift in Forex Sentiment GBPUSD - British Pound Outlook Remains Bearish on Sharp Sentiment Shifts USDJPY - Japanese Yen Outlook Modestly Bullish Against US Dollar USDCHF - Swiss Franc Looks to Gain Versus US Dollar USDCAD - Canadian Dollar Forecast Summarily Unclear Versus US Dollar

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Russia c.bank says scraps forex recommendation (Reuters via Yahoo! Singapore News)

MOSCOW, July 2 (Reuters) - Russia's central bank said on Thursday it was scrapping its recommendation for commercial banks not to increase net foreign currency assets from the third quarter due to the stabilisation of the forex market.

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Forex Seasonality: Canadian Dollar and Japanese Yen May Decline in July (Daily FX via Yahoo! Finance)

Forex trading market seasonality is an effect widely studied as a primary mover of major currency pairs, as long-term studies suggest that certain seasonal patterns may be able to predict forex price moves.

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Forex Trading Weekly Forecast - 07.06.09 (Daily FX via Yahoo! Finance)

US Dollar Still Range Bound, But Risk Aversion Creates Bullish Potential Euro Volatility Likely as Central Bank Delivers Interest Rate Decision Japanese Yen To Strengthen As Risk Appetite Wanes British Pound May Remain Under Pressure Ahead of BoE Rate Decision Swiss Franc May Fall If Bulls Give Up Fight Against Intervention Canadian Dollar To Weaken Further As Labor Market Falters Australian ...

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