Thursday, November 22, 2007
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India among the safer emerging markets
Economic Times - India’s forex reserves are high at $270 billion, and rising. The index also fails to consider labour remittances, which have historically proved to be stable inflows that can be depended on even in adverse circumstances. India gets the
Forex - US dollar falls to 2-yr lows vs yen on rate cut expectation
Forbes - TOKYO (Thomson Financial) - The US dollar slid to two-year lows against the yen in afternoon trading in Asia on growing speculation of another cut in US interest rates and accelerated unwinding of yen-carry trades as equity markets continue to
Mid−Day Forex Technical Report − Dollar Continues to Trade with
FXStreet.com - Activities remains low with Thanksgiving holiday in and will likely extend with Japan market holiday tomorrow. US. Dollar continues to hover near record low against Euro and Swissy and near 2 year low against yen. Markets continue to be concerned
No deal for Japan PM with main opposition party
Washington Post - There is no system or procedure to make laws in this 'twisted' parliament, and politicians are struggling," said Toru Umemoto, chief forex strategist at Barclays Capital. Parliament's session is set to end on December 15 but the ruling bloc will need
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