Posted on May 24th, 2012 by admin
Bloomberg Rupee Trades Near a Record Low on Europe ConcernsBusinessWeekBy Jeanette Rodrigues on May 24, 2012 India's rupee traded near a record low on concern investors will favor safer bets than emerging- market assets after European leaders disagreed on ways to contain their region's debt crisis. The currency fell for a …Rupee pulls back from [...]
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Posted on May 23rd, 2012 by admin
BBC News HSBC Adds Six Currencies To Offshore Yuan-Trading ServiceWall Street JournalElectronic trading of the offshore yuan, or CNH, against the dollar has become relatively commonplace in global currency markets but so far direct trading of other currencies such as the euro against CNH has remained limited.Renminbi begins to go globalFinancial TimesHong Kong, London Bankers [...]
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Posted on May 22nd, 2012 by admin
RMB Goes Live With TraderTools' FX Trading PlatformMarketWatch (press release)Says CJ Giddy, Head of the Fixed Income, Currency and Commodities (FICC) operations at RMB: "The addition of TraderTools to RMB's FX trading capability both enhances our competitiveness in the market and the value we create for our clients.and more » {fcurrency trading} – Forex News
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Posted on May 22nd, 2012 by admin
Bloomberg WORLD FOREX: Currency Traders Dither; Greek Turmoil Supports DollarWall Street JournalBy Eva Szalay Of DOW JONES NEWSWIRES LONDON (Dow Jones)–Currency traders dithered in European hours Monday in a session with little discernible direction while underlying nervousness over Greece's future in the euro zone lent the dollar some support.FOREX-Euro rebounds vs dollar ahead of EU [...]
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Posted on May 21st, 2012 by admin
Forex Trading Strategy Following Spanish Bank's DowngradesMarketWatch (press release)In the following guide, we show you how you can trade across global currencies with forex trading provider City Index. The act of trading forex is buying one currency in a pair, for example the Euro in the EUR/USD pair, while simultaneously selling the …and more » {fcurrency [...]
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Posted on May 20th, 2012 by admin
What is a reserve currency, and how do traders use it?NASDAQA reserve currency is a national currency held by many other governments around the world as part of their foreign exchange reserves. Reserve currency status indicates a powerful economy as other governments depend on the reserve currency's stability …and more » {fcurrency trading} – Forex News
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Posted on May 20th, 2012 by admin
Bloomberg Canada Currency Tumbles on Europe CrisisBusinessWeek“Canadian metrics are very positive — employment, housing, inflation — but these external headwinds are far too great,” Dean Popplewell, chief strategist in Toronto at the online currency-trading firm Oanda Corp., said in a telephone interview …Canadian dollar falls to four-month lowBusiness Recorder (blog)all 149 news articles » {fcurrency trading} [...]
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Posted on May 19th, 2012 by admin
Intervention Dominates Emerging Market Currency Trading; Debt SteadyWall Street JournalHeavy demand for dollars onshore in Brazil drove the real down more than 2% intraday Friday to its weakest levels since May 2009, taking out stop-losses for local players that had bullish bets on Brazil's currency, traders said.and more » {fcurrency trading} – Forex News
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Posted on May 18th, 2012 by admin
Bloomberg WORLD FOREX: Currency Markets Pull Back From The PrecipiceWall Street JournalBy William Kemble-Diaz Of DOW JONES NEWSWIRES LONDON (Dow Jones)–Currency markets pulled back from the precipice in European hours Friday, having looked ready to go over the top in early trade as the euro and Australian dollar sank against safer bets …Euro Trades Near [...]
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Posted on May 18th, 2012 by admin
Argentina, Brazil Local-Currency Trade Makes Slow HeadwayWall Street JournalThe Argentine and Brazilian central banks, which operate the SML's transaction platform, set the peso-real exchange rate for local-currency transactions using the peso-dollar and real-dollar wholesale exchange rates. But even as total bilateral trade …and more » {fcurrency trading} – Forex News
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