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India’s foreign exchange reserves rose for the second consecutive week to $314.08 billion for the week ended May 16. This is a jump of $1.38 billion compared with the previous week’s $312.70 billion, the Reserve Bank said in its weekly report today. For today, in contracts. This excerpt taken from forex specialist Ed Ponsi's book, Trading Strategies for Trending and Range-bound Markets, asks the question: what is the ultimate technical indicator? The answer might surprise you. Mumbai, May 23 The country’s foreign exchange reserves increased by $1.381 billion to touch $314.081 billion for the week ended May 16, 2008, according to the RBI’s Weekly Statistical Supplement. * Dollar set for biggest weekly slide since March As an FXstreet.com Premium member , you will gain access to live streaming real-time news; 24 hours a day, seven days a week to more than 435,000 financial professionals in 66 countries. While Forex dealers are springing up all over the place, concern is being raised about some of their shady profiting techniques. Could currency futures prove to be a less-risky trade? The euro appreciated vis-agrave;-vis the U.S. dollar today as the single currency tested offers around the US$ 1.5765 level and was supported around the $1.5695 level. Technically, today#8217;s intraday low was right around the 23.6% retracement ...... - Indices opened and moved lower this morning as oil resumed its upward march, topping $133/bbl overnight. The climbing cost of crude is seen hitting various industries, as RCL-5% was cut overnight at Morgan Stanley. F-4% was still sinking after lowering ... Two attacks failed yesterday; a man appears to have blown himself up in Exeter in what appears to be a failed terrorist attack and an attempted classist attack on Edward Timpson blew up in Tamsin Dunwoody#8217;s face ...

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