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Foreign Exchange Market News is an EIN News Service for finance industry professionals. Constantly updated news and information about finance.
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Latest Foreign Exchange Market News

  • Gold Ends Week Down Nearly 1% 3 Jul 2009 22:12 GMT
    ... THE PRICE OF GOLD recovered one-half of Thursday's drop in London on ... holding onto yesterday's 1.0% gain on the currency market. in all other major currencies was next-to-unchanged ... week's finish. "[ ] is following the foreign exchange markets very closely," says MKS Finance, a division ...

  • Brazil stocks inch down on quiet day; real slips 3 Jul 2009 21:23 GMT
    ... an all-time high in June, buoyed by a tax break introduced in December. The foreign exchange market was equally sluggish, with Brazil's currency, the real BRBY, practically stable, shaving off ...

  • Can China's Economy Prosper Without the U.S. Dollar? 3 Jul 2009 20:00 GMT
    ... China ’s announcement overnight that it will allow companies to ... Chinese authorities are about building a local currency market. China will allow companies to use the ...

  • Euro, British Pound Lag as Euro-zone, UK Data Highlight Lingering Recession 3 Jul 2009 19:11 GMT
    ... Jul 03, 2009 (DailyFX via COMTEX) -- - US Dollar, Japanese Yen ... greater driver of price action in the forex markets, a weaker than expected result could trigger ... deflation, and has physically intervened in the currency markets as recently as last week. Also, on ...

  • Brian Gaynor : The Las Vegas of the currency world 3 Jul 2009 17:31 GMT
    ... The collapse of Line 7, which was at least partly due to the ... should the Government try to control it? Currency markets are characterised by a lack of transparency ...

  • British Pound, Australian Dollar to See Rate Decisions Next Week 3 Jul 2009 17:31 GMT
    ... Jul 03, 2009 (DailyFX via COMTEX) -- The British pound ... greater driver of price action in the forex markets, a weaker than expected result could trigger ...

  • Dollar climbs after poor European retail sales 3 Jul 2009 17:22 GMT
    ... LONDON, July 3, 2009 (AFP) – The dollar climbed against the euro ... Trading activity was limited however because US currency markets were closed for a public holiday ahead ...

  • Tihipko: Hryvnia rate to remain stable under balanced refinancing policy 3 Jul 2009 17:21 GMT
    ... Serhiy Tihipko, the ex-governor of the NBU The hryvnia could be ... for refinancing, and these sums "heated the currency market." "This can be described as unprofessional or ...

  • Spot the currency link 3 Jul 2009 15:51 GMT
    ... The deterioration in a whole range of asset classes ... is the tenth most traded currency on foreign exchange markets. Investors considering using the NOK as ...

  • Brazil stocks open slightly lower in light trade 3 Jul 2009 15:30 GMT
    ... government tax break introduced in December. The foreign exchange market was flat in mid-morning, with neither Brazil's currency, ... the relative stillness of the equity and currency markets. Commodities lost ground in the morning, with ...

  • Rupee recovers from early losses, gains by 5 paise vs dollar 3 Jul 2009 14:12 GMT
    ... low of 48.19 before ending higher at 47.89/91 a dollar. Dealers at the Interbank Foreign Exchange market said banks bought dollars as it improved against the euro in overseas markets. ...

  • Australia dollar steady late as trade data erode earlier gains 3 Jul 2009 14:10 GMT
    ... Australia dollar steady late as trade data erode earlier ... release and could provide some cues for foreign exchange markets. Offsetting Australian dollar gains from the ...

  • Russia's c.bank bought $1.54 bln in June 3 Jul 2009 14:01 GMT
    ... ET MOSCOW, July 3 (Reuters) - Russia's central bank bought $1.54 billion on the foreign exchange market in June, the regulator said on its web site on Friday. In May, ...

  • At G8 Summit China pushing for an alternative to US dollar 3 Jul 2009 13:31 GMT
    ... At G8 Summit China pushing for an alternative to US dollar Chinese President Hu Jintao will propose the ...

  • Asian markets mixed after grim US jobs data 3 Jul 2009 12:43 GMT
    ... 50 index of leading eurozone shares slid 0.33 percent to 2,361.83 points. On the foreign exchange market, the European single currency fell to 1.3988 dollars. "There's a 'morning after the ...


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