KUALA LUMPUR: Unco-ordinated laws which come under the purview of different government agencies are making it difficult for victims of foreign exchange (forex) scams to lodge complaints and for authorities to investigate.

Forex - Yen up, euro down vs dollar in Sydney afternoon ahead of FOMC decision 
The Fed is widely expected to keep its target interest rate at 5.35 pct, but investors will be waiting keenly for the statement from the meeting which may give clues on its future rates intentions.

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U.S. producer prices rose 0.9 pct in Dec
MSN MoneyCentral - that they are still a little bit concerned about inflation.” said Steven Butler, director of foreign exchange trading at puts pressure on the Fed to keep rates at the same level,” said Boris Schlossberg, senior currency strategist at Forex

Rupee closes higher against US dollar at 44.23/24
Deepika Global - The Rupee was down against the Euro at Rs 57.40/42 (57.60/62) per unit, it was Rs 87.10/12 (87.40/42) per unit against Pound Sterling, and at Rs 36.66/68 (36.46/48) per 100 units against the Japanese Yen, dealers said. Trading in forex market will

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Extended Fed pause hopes boost dollar
CNN Money - Fed will be tempted to lower interest rates to stimulate the economy, said Kathy Lien, chief currency strategist at Forex Another boost for the economy: tumbling oil prices, which fell below $50 a barrel earlier this month and now are trading about

Yen rebounds as G7 reports fuel short covering
Reuters South Africa - sell-off in the Australian dollar — a popular choice for such trades. The Aussie fell to lows around 93.65 yen for a fall of around 1.0 percent on the day. It later pulled back to 93.87 yen, still down sharply from 94.70 yen in late U.S. trading.

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PRWeb - Futures Trading Firm Announces Opening of its Chicago Office The futures trading firm Jackson-Olson Commodities has announced the opening of its first office, located in Chicago, IL. The firm is lead by two veteran commodities traders, Barrett Jackson

Daily Forex Commentary
Asia Times - Daily Forex Commentary By Jack Crooks Key News - Australia’s FX Trading - Blam! A few months ago, I was re-reading Tom

Saxo Bank will participate as Co-Sponsor in The Middle East Forex Trading Expo.

“Your Waiter Today Will Be a Computer” 
While still a blip to most restaurateurs, DIY ordering terminals could have customers across the country ordering from a touchscreen

They said upbeat economic reports in the euro zone including stronger-than expected industrial orders for November, along with hawkish comments from European Central Bank officials overnight initiated a rally in the euro on expectations of interest rate hikes ahead.

Forex - Dollar remains softer on technical trading flows 
The euro edged higher against the dollar, to above the 1.30 level, while the pound rose to briefly touch 15-year highs against the dollar at 1.990. The lack of economic data in the US was partly to blame, said analysts, with only home sales and durable goods data on Friday as potential drivers for the dollar this week.

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ADA, Mich., Jan. 18, 2007 Trader Monthly, the premier lifestyle magazine for financial traders, has recognized DealBook 360, the proprietary foreign exchange trading platform of Global Forex Trading (GFT), as the Best Foreign Exchange Platform in the magazines Trader Monthly Awards.

22 nd January, 2007 
Gold prices register modest gains of 1.24% for the week. The greenback weakens against the Euro & GBP but strengthens against the Japanese Yen.

Forex scam cost investors $3.7m 
A Florida-based investment scam has cheated at least 127 people of a total of $3.7m by promising big returns from currency deals, a federal agency alleges.