http://www.forexgate.com Tue, 10 Feb 2009 01:02:04 +0000 http://backend.userland.com/rss092 en NAIROBI, Feb 9 (Reuters) - Kenya's food crisis has forced east Africa's biggest economy to drain its hard currency reserves to less than three months' worth of import cover, Prime Minister Raila Odinga said on Monday http://uk.reuters.com/article/africaCrisis/idUKL9496829 http://www.forexgate.com/2009/02/forex-trading/kenya-forex-reserves-fall-below-3-mths-import-cover/ BUDAPEST, Feb 9 (Reuters) - Hungarian drug maker Egis EGIS.BU said first-quarter net profit doubled to 5.625 billion forints ($24.6 million), partly due to one-off factors and helped by a weakening of the forint http://uk.reuters.com/article/rbssHealthcareNews/idUKL972624920090209 http://www.forexgate.com/2009/02/forex-trading/egis-q1-net-profit-doubles-on-pre-delivery-forex/ * U.S. dollar slips, bank package uncertainty a minor blip * U.S. financial stability plan to be outlined Tuesday * Euro hits nearly two-week high vs dollar (Recasts, updates prices, adds quotes) http://uk.reuters.com/article/usDollarRpt/idUKN0941082420090209 http://www.forexgate.com/2009/02/forex-trading/forex-dollar-slides-as-markets-brace-for-us-bank-bailout/ * Dollar, yen slump vs euro on stimulus package hope * Bleak jobs data fuels expectation Obama will act fast * U.S. loses 598,000 jobs in January, worst in 34 years * Improved risk appetite boosts high-yielders (Adds details, updates prices, changes byline) http://uk.reuters.com/article/marketsNewsUS/idUKN0646351120090206 http://www.forexgate.com/2009/02/forex-trading/forex-dollar-yen-fall-vs-euro-on-us-stimulus-hope/ * Dollar rises to 1-month high vs yen as US stocks rebound * Wall Street jumps on bank rescue hope  * ECB leaves rates unchanged at 2 pct, signals March cut  * BoE cuts rates to record low at 1 percent (Adds comments, updates prices) http://uk.reuters.com/article/marketsNewsUS/idUKN0539236020090205 http://www.forexgate.com/2009/02/forex-trading/forex-stock-rally-lifts-dollar-against-yen-euro-slips/ * Euro falls vs dollar after Trichet's comments * ECB leaves rates unchanged as expected * US weekly jobless claims rise more than expected * BoE cuts rates to 1 percent (Adds comments, details, updates prices) http://uk.reuters.com/article/usDollarRpt/idUKN0536521620090205 http://www.forexgate.com/2009/02/forex-trading/forex-euro-falls-as-ecb-holds-rates-warns-about-economy/ Forex day trading on the internet has become so popular nowadays when sometimes ago, only major financial institutions and companies involved in trading forex. But now some traders trade in the forex market as a hobby while other traders make a living with forex trading. http://tinyurl.com/d85qma http://www.forexgate.com/2009/02/forex-trading/how-to-strategize-forex-day-trading-along-with-the-forex-market-situation/