Posted on January 26th, 2012 by admin
Bloomberg Morgan Stanley Currency-Trading Head Stephen Mettler Leaves BankBusinessWeek26 (Bloomberg) — Stephen Mettler, who oversaw Morgan Stanley's interest rates and foreign-exchange trading businesses, has left the bank. Mettler, who joined the firm in 1997, retired, according to an internal memo obtained by Bloomberg News.Morgan Stanley Forex Executive RetiringWall Street Journal (blog)Morgan Stanley's Mettler, Head of [...]
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Posted on January 26th, 2012 by admin
CNBC.com Japan Trade Deficit Hits YenWall Street JournalThe Japanese currency has traded at historically strong levels for months, and was one of the best performers last year. Investors have piled into the yen as a shelter from the euro-zone crisis, which has whipsawed the euro and many emerging-market …FOREX-Yen at 1-mo lows as Japan posts [...]
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Posted on January 25th, 2012 by admin
Kansas City Star FOREX-Yen at 1-mo lows as Japan posts rare trade deficitReutersThe single currency was last trading at .2990, off a session high of .3052 struck immediately after the German IFO survey was released and 0.2 percent lower on the day. It struck a three-week peak of .3063 on Tuesday, with decent resistance seen [...]
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Posted on January 24th, 2012 by admin
Currency Rally Fades in Overnight TradingDaily Reckoning – American EditionYesterday, I told you that India and Iran had signed currency swap agreements on their trade of oil to remove the use of US dollars… Then I saw a story that said that India was going to pay Iran for their oil in gold… Now, that's [...]
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Posted on January 24th, 2012 by admin
Develop Sony, CCP Figuring Out Real Currency Exchange in Dust 514Escapist MagazineWorking out microtransaction details might pave the way for real world currency trading over the PlayStation Network. So far, microtransactions haven't really invaded console game titles. Sure, you can purchase stuff for your Xbox avatar or for …Sony 'negotiating PS3 virtual item policy'Develop'Virtual items [...]
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Posted on January 23rd, 2012 by admin
The Guardian Euro Rebounds to Trade Above .30Wall Street JournalBy JESSICA MEAD LONDON—The euro shot higher in European trading hours Monday as currency traders shrugged off the apparent breakdown in the talks between the Greek government and its private-sector creditors. The euro was recently trading at .2998 …Dollar up but trading quietStuff.co.nzEuro wobbles on Greek [...]
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Posted on January 23rd, 2012 by admin
The Guardian Euro Rebounds to Trade Above .30Wall Street JournalBy JESSICA MEAD LONDON—The euro shot higher in European trading hours Monday as currency traders shrugged off the apparent breakdown in the talks between the Greek government and its private-sector creditors. The euro was recently trading at .2998 …Dollar up but trading quietStuff.co.nzEuro wobbles on Greek [...]
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Posted on January 22nd, 2012 by admin
Bloomberg Draghi Cuts Make Euro Favorite for Carry TradesBloombergThe difference between wagers that the shared currency would fall versus those that it would rise surged to 160030 in the week ended Jan. 17, data from the Commodity Futures Trading Commission showed. As recently as August they were net bets on a gain. …Draghi Cuts Make [...]
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Posted on January 22nd, 2012 by admin
Report: Iranian currency drops 11 percent, hitting new record low against dollarWashington PostBut there is no exchange of currency based on the rate. Iran's central bank declared last week that trading foreign currency outside of banks and licensed currency exchange operations was banned. The currency came under heavy pressure after new US …and more » {fcurrency [...]
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Posted on January 21st, 2012 by admin
Iran's currency hits new record low against dollarBoston.comBut there is no exchange of currency based on the rate. Iran's central bank declared last week that trading foreign currency outside of banks and licensed currency exchange operations was banned. The currency came under heavy pressure after new US …and more » {fcurrency trading} – Forex News
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