FOReign EXchange

Forbes - HONG KONG (Thomson Financial) - The dollar remained close to record lows against the euro as the market continued to price in the probability of another interest rate cut soon from the Federal Reserve, after it cut forecasts for economic growth and

Forex - Dollar lower on poor economic outlook, talk of reserve
Forbes - LONDON (Thomson Financial) - The dollar fell back, with markets still digesting last night's downbeat economic forecast from the Federal Reserve, along with continued talk of Asian and Middle East states diversifying their foreign reserves. Last

Asia Session
FXStreet.com - The greenback had a lot to be thankful for in today’s holiday New York session. Mainly a break in the onslaught of selling we have seen in recent days. With most Forex traders off for the Thanksgiving Holiday in the United States, currencies had

Forex trade changes boost liquidity -Bank of Canada
Reuters - OTTAWA, Nov 22 (Reuters) - New technology and "democratization" of the global foreign exchange market helped that market maintain liquidity during the financial market turmoil last summer, a Bank of Canada study said on Thursday. The shift to

Forex - Yen rallies strongly on falls in equity markets, pound slumps
Forbes - LONDON (Thomson Financial) - The yen continued to climb, reaching its highest level against the dollar for more than two years as sub-prime worries weighed on equity markets, causing investors to pull out of the risky carry trade. Equity markets in

Asian Currencies: Korean Won Falls on Stock Sale; Rupiah Rises
Bloomberg - Elsewhere, the Taiwan dollar closed onshore trading at NT$32.34 from NT$32.348, according to Taipei Forex Inc. The Malaysian ringgit traded at 3.3845 from 3.3825 yesterday, and the Singapore dollar was little changed at S$1.4505. The Thai baht was at

Forex - US Dollar Mixed In Early Deals [USD]
RTT News - 11/22/2007 6:51:57 AM Thursday morning, the US dollar showed mixed trading against its major counterparts. The dollar saw strength against the euro and the franc but towards the end of the European session, the pair stood little changed against the