ForexComms » forex

Forex – Pound slides after UK industrial, manufacturing output data … – Forbes

admin — Mon, 07 Jul 2008 14:25:07 +0000

Easy-Forex(TM) Launches Online Forex Trading Platform in U.S. – Forbes
Easy-Forex(TM) today announced the U.S. launch of its new online foreign exchange platform. Already a strong presence in the global forex marketplace, Easy-Forex’s U.S. online platform provides an exciting, easy and transparent option that helps …

FOREX-Dollar rises broadly as oil prices fall – Reuters
NEW YORK, July 7 (Reuters) – The dollar gained on Monday in quiet trading, drawing support from a retreat in oil prices and renewed optimism after last week’s U.S. jobs report that was less bleak than many had expected. The dollar tends to benefit …

Another example – Forex – Pound slides after UK industrial, manufacturing output data … – Forbes

FOREX-Dlr hits 1 week high as oil retreats, G8 meets – Forbes

admin — Mon, 07 Jul 2008 14:22:58 +0000

FOREX-Dlr hits 1 week high as oil retreats, G8 meets – Forbes
LONDON, July 7 (Reuters) – The dollar edged up to a one-week high versus a basket of major currencies on Monday, cheered by speculation that comments from G8 officials could push oil prices further away from last week’s record highs. The U.S …

Forex – Pound slides after UK industrial, manufacturing output data … – Forbes
LONDON (Thomson Financial) – The pound slid sharply after UK industrial and manufacturing output data plunged unexpectedly, cementing market views that the Bank of England (BoE) is unlikely to raise interest rates on Thursday despite concerns over …

FOREX-Dlr at 1-wk highs vs majors as oil retreats – Reuters

Chile central bank intervenes in forex market – Financial Times

admin — Sun, 15 Jun 2008 12:25:34 +0000

South Korea Fin Min: Undesirable To Manipulate Forex Rate – FXStreet.com
JEJU, South Korea -(Dow Jones)- South Korea’s finance minister said Sunday that it’s undesirable to manipulate the foreign exchange rate, a ministry official said. The minister said the foreign exchange rate should be determined by market forces, and …

Closing Forex Rates — UK – Forbes
Copyright Thomson Financial News Limited 2008. All rights reserved. The copying, republication or redistribution of Thomson Financial News Content, including by framing or similar means, is expressly prohibited without the prior written consent of …

Churches in dangerous forex schemes – Jamaica Gleaner
“You shall not covet”; but, “Beloved, I pray that you may prosper in all things”. So says the Christian Holy Book. From one of its recent Editors’ Forums, this newspaper is reporting that ’Churches praise investment schemes’. Good that the plural …

FOREX-Dollar up versus yen on risk demand, down vs euro – Reuters
NEW YORK, May 12 (Reuters) – The dollar rose against the Japanese yen and Swiss franc on Monday as investors snapped up riskier assets such as stocks, encouraged by a dip in oil prices and unexpectedly strong earnings from HSBC. The slight rise in …

Chile central bank intervenes in forex market – Financial Times
Chile’s central bank said on Thursday it would intervene in the foreign exchange market to boost liquidity in the economy and in response to the local peso’s sharp appreciation against the dollar. The central bank said in a statement the …

Japan’s Nukaga says may discuss forex with Paulson – Guardian Unlimited

admin — Fri, 13 Jun 2008 05:25:59 +0000

Japan’s Nukaga says may discuss forex with Paulson – Guardian Unlimited

ANALYSIS-Emerging markets forex rally still has legs – Forbes
NEW YORK (Reuters) – A multiyear rally in some emerging market currencies still has legs even as the likelihood of interest rate hikes in Europe and the United States increases, economists and strategists said. Speakers at the Reuters Investment …

FOREX-Dollar up on retail data, euro off on rate outlook – Reuters
NEW YORK, June 12 (Reuters) – The dollar rallied broadly on Thursday after data showed a surprisingly strong gain in U.S. retail sales last month, boosting expectations that the Federal Reserve may raise interest rates this year. The euro, meanwhile …

Yet again

Forex – Dollar steadies after Bernanke rally – CNBC

admin — Tue, 10 Jun 2008 16:08:46 +0000

Forex – Dollar steadies after Bernanke rally – CNBC
LONDON (Thomson Financial) – The dollar steadied after rallying throughout this morning following last night’s hawkish speech by Federal Reserve President Ben Bernanke. Bernanke said that “the risk that the economy has entered a substantial downturn …

Another example

Paulson-China forex reform critical to curb prices – Forbes
United States – WASHINGTON (Reuters) – U.S. Treasury Secretary Henry Paulson said on Tuesday it was “critical” for China to adopt a more flexible currency regime if it expects to protect its thriving economy from runaway inflation. A week before the …

Paulson-China needs forex reform to curb prices – Forbes
WASHINGTON (Reuters) – U.S. Treasury Secretary Henry Paulson said on Tuesday it was “critical” for China to adopt a more flexible currency regime if it expects to protect its thriving economy from runaway inflation. A week before the next round of a …

Here it is – China forex reform critical to curb prices – Guardian Unlimited

Forex – Dollar stays well-bid on U.S. rate expectations – CNBC

admin — Thu, 05 Jun 2008 09:34:32 +0000

China halts forex margin trade – bankers – Reuters

Taiwan end-May forex reserves 290.07 bln usd – CNBC
TAIPEI (XFN-ASIA) – Taiwan’s foreign exchange reserves totaled 290.07 bln usd at the end of May, up from 289.38 bln at end-April, the central bank said. The increase was mainly due to returns from foreign exchange reserves management, the bank said …

Forex – Dollar stays well-bid on U.S. rate expectations – CNBC

FOREX-Dollar/yen hits 3-mo high, US rates seen steady – Reuters
LONDON, June 5 (Reuters) – The dollar hit a three-month high versus the yen on Thursday boosted by a view U.S. interest rates have troughed, while investors awaited rate decisions by the European Central Bank and the Bank of England later in the day …

Forex – Dollar in narrow ranges in Asian afternoon trade ahead of U.S … – Forbes

admin — Mon, 26 May 2008 07:23:29 +0000

Forex – Dollar in narrow ranges in Asian afternoon trade ahead of U.S … – Forbes
HONG KONG (Thomson Financial) – The U.S. dollar was moving in narrow ranges against the yen and euro in afternoon Asian trading on Monday with investors waiting for the release of home sales data in the United States. The Commerce Department will …

Here it is

Forex – U.S. dollar drifts lower Sydney morning, affected by long … – FXStreet.com
SYDNEY (Thomson Financial) – The U.S. dollar was drifting lower on Monday morning in Sydney with traders unwilling to change positions until markets in the U.S. and the UK re-open on Tuesday after long weekends. At 10:30 a.m. (0030 GMT), the dollar …

Indian Data Watch-FY08 revised GDP data on May 30 – Reuters India
DAY LOCAL/GMT INDICATOR/EVENT PERIOD FORECAST PREVIOUS —–Calendar for May 26 week—– Fri 1100/0530 GDP Apr-Mar N/F 9.6 pct Fri 1200/0630 Inflation May 17 N/F 7.82 pct Fri 1500/0930 Fiscal deficit Apr-Mar N/F 1,054 bln …

Dollar hovers near 1-mth lows in thin trade – Forbes
TOKYO, May 26 (Reuters) – The dollar steadied near one-month lows against a basket of major currencies on Monday after falling late last week on concerns that surging oil prices could further slow the U.S. economy and add to inflation pressures. The …

Forex – U.S. dollar drifts lower Sydney morning, affected by long … – FXStreet.com

admin — Mon, 26 May 2008 07:23:04 +0000

FOREX-Dollar eases towards 1-mth lows in thin trade – Reuters
TOKYO, May 26 (Reuters) – The dollar eased towards one-month lows against a basket of major currencies on Monday after falling late last week on concerns that surging oil prices could further slow the U.S. economy and add to inflation pressures …

Here it is – Dollar hovers near 1-mth lows in thin trade – Forbes

Forex – U.S. dollar shored up as housing data exceeds expectations – Forbes

admin — Sat, 24 May 2008 05:15:40 +0000

Forex – U.S. dollar shored up as housing data exceeds expectations – Forbes
LONDON (Thomson Financial) – The euro pared gains after U.S. existing home sales data came in a touch better than expected, supporting the dollar against the single European currency. The National Association of Realtors (NAR) said sales of …

FOREX-Dollar eyes sharpest weekly decline in 2 months – Reuters
NEW YORK, May 23 (Reuters) – The dollar fell on Friday and was on track for its steepest weekly decline against a basket of major currencies in two months, as investors worried surging oil prices could deepen an economic downturn and fan inflation …

Another example – Closing Forex Rates — UK – Forbes

FOREX-Dollar headed for steepest weekly fall in 2 months – Reuters
NEW YORK, May 23 (Reuters) – The dollar fell on Friday and was set for its steepest weekly slide against a basket of major currencies in two months, as record high oil prices left the U.S. economy vulnerable to slower growth and rising inflation. The …

Forex – Euro drops against U.S. dollar after euro zone PMI data – Forbes

admin — Fri, 23 May 2008 12:31:18 +0000

FOREX-Dollar set for biggest weekly fall for 2 months – Reuters
LONDON, May 23 (Reuters) – The dollar looked set for its steepest weekly fall against a basket of major currencies in two months on Friday, hit by surging oil prices and concerns that the U.S. may be entering a toxic phase of slowing growth and …

Forex – Euro drops against U.S. dollar after euro zone PMI data – Forbes
LONDON (Thomson Financial) – The euro dropped against the U.S. dollar after the latest euro zone PMI figures showed a sharp fall in services sector activity as well as a further drop in manufacturing activity, raising concerns about the outlook for …

FOREX-Dollar holds gains, euro brushes off weak PMI – Reuters
LONDON, May 23 (Reuters) – The dollar was little changed on Friday, holding gains made after oil prices pulled back from a record high, while weaker euro zone services sector data did little to dent the view that the region’s economy remains firm …