Posted on January 27th, 2012 by admin
Boston.com P&G Cuts Full-Year Profit Forecast on Unfavorable Currency Exchange RatesBloomberg(KMB), which also this week projected full-year earnings that trailed analysts' estimates, citing a foreign currency “headwind” and difficult economic conditions. Household-products makers are facing lower birthrates and US consumers pinched by a …Procter & Gamble lowers forecast due to currencyMontreal GazetteProcter & Gamble lowers [...]
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Posted on January 27th, 2012 by admin
Moneycontrol.com Traders Predict Shift in Dollar's Decline Against YenWall Street JournalThe dollar was at ¥77.61 midmorning in New York, up only marginally from the postwar low of ¥75.31 hit Oct. 31, despite Japan's record sales of yen in the currency market in recent months and Japanese executives loudly decrying the exchange rate as out …Euro [...]
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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
Merchants in Najaf cease dealing in Iranian currencyABNA.ir"The value of the Iranian Tuman has dropped to very low levels, as its value compared with the Iraqi dinar has reached to 500 dinars, whilst its previous value had exceeded 1000 dinars," Abu-Ibrahim al-Yassiry, the owner of an exchange company told … {iraqi dinar} – Dinar News
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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 Oliver Bankman
No one wants to be in a situation where you don’t know where your next paycheck is coming from. Having to scramble around for money can be really straining and lead to some crazy things. If you’re thinking about using forex to increase your income so you can avoid those broke-man blues, make sure you read these tips first
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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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