Epic Update : Gujarat Poly Avx Electronics Ltd


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Gujarat Poly Avx Electronics Ltd has submitted to BSE a Copy of the Limited Review Report for the period ended September 30, 2012.
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Epic Update : Finalysis Credit & Services Ltd


Finalysis Credit & Services Ltd has informed BSE about the Financial Results for the period ended September 30, 2012.
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Beginners Guide to FX Trading

Trading forex is the act of simultaneously buying one currency while selling another for the purpose of speculation. As one of the world's most traded markets, it has an average turnover in excess of US$4 trillion daily, which when compared to the New York Stock Exchange - whose turnover is typically around US$50 billion daily - you can see how popular this particular market really is.


Read more here: http://www.sacbee.com/2012/05/01/4458630/beginners-guide-to-fx-trading.html#storylink=cpy
It is important to remember; trading on margin carries high risk and the possibility exists that you could lose some or all of your investments, including your initial deposits, making it unsuitable for some investors.


Read more here: http://www.sacbee.com/2012/05/01/4458630/beginners-guide-to-fx-trading.html#storylink=cpy
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FX traders hunt new opportunities

Calm in currency markets is causing a headache for foreign exchange traders, who are struggling to make money as major currencies trade in a tight range, and storing up trouble for investment banks relying on the sector to generate profits. With the euro trapped between $1.30 and $1.35 since January, the Swiss National Bank capping the Swiss franc. 

Investment banks tend to lump currency trading in with bond and commodities trading, without breaking out income for the various businesses. Such units as a whole contributed more than half of revenues at the top 10 investment banks in 2011, according to analytics group Coalition.

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The rupee today fell below the 53 mark intra-day before closing at nearly four-month low of 52.96/97, down by 23 paise against the U.S. currency, due to firm dollar demand and fears of more capital outflows.
Strong dollar overseas and expectations of more capital outflows in the wake of uncertain local equities weighed on the rupee.
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RBI intervention

After a gap of four months, the rupee fell below 53 to the dollar in early trade on Wednesday, triggering hope of possible intervention by the central bank. The closure was at 52.96 after trading between 53.01 and 52.60 per dollar. It had closed at 52.73 on Monday. According to market participants, the mere presence of the central bank helped the rupee regain 15 paise intraday, though intervention was only $100-150 million.


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