Thursday, November 22, 2007


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

Malaysia mid-November forex reserves 101.2 bln usd vs 99.6 bln at end
CNBC - KUALA LUMPUR (Thomson Financial) - Bank Negara Malaysia, the country's central bank, said Thursday that Malaysia's international reserves rose to 101.2 billion US dollars at mid-November from 99.6 billion dollars at end-October. This is sufficient to

UPDATE:ECB Draghi:Financial Market Turmoil,Forex May Spur Bank Mergers
FXStreet.com - FRANKFURT -(Dow Jones)- Recent financial market turmoil and foreign exchange rate fluctuations may prompt cross-border bank mergers, European Central Bank governing council member Mario Draghi said Thursday. "Current developments in financial markets

Singapore shares close lower on US economic worries, STI at 3 month
Forbes - More banks could threaten legal action against Jurong Shipyard if the companies fail to agree on the terms to settle the forex transactions, said Ang Soo Kee, analyst at Daiwa Institute of Research. 'In the short term, there may be more downside to

Siemens Q4 net profit surges on forex gains
Reuters India - MUMBAI (Reuters) - Power equipment maker Siemens Ltd on Thursday reported a surge in net profit for the fourth quarter ending September aided by forex gains and profits from the sale of a subsidiary. The company reported net profit of 3.1 billion

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

Closing Forex Rates -- UK
CNBC - LONDON (Thomson Financial) - Sterling exchange rates: Day's spread Market rate USA 2.0602 - 2.0683 2.0615 - 2.0619 Canada 2.0200 - 2.0378 2.0319 - 2.0333 Denmark 10.3380 - 10.3833 10.3486 - 10.3561 Norway 11.1272 - 11.1815 11.1506 - 11.1661 Sweden 12

Sarkozy to urge "fair" forex on China visit
Reuters India - PARIS (Reuters) - French President Nicolas Sarkozy will use a visit to China this weekend to call for an "equitable and fair" relationship between four major currencies -- the dollar, euro, yen and yuan -- a senior French official said on Thursday

Denmark To Hold Referendum On Whether To Adopt The Euro []
RTT News - Forex News Ø Forex Top Story Ø US Economic News Ø European Econ. News Denmark To Hold Referendum On Whether To Adopt The Euro [] 11/22/2007 1:27:42 PM Denmark will hold a referendum within four

Forex - Euro Falls Against Majors Amid Euro-Zone Industrial Orders
RTT News - 11/22/2007 5:04:25 AM Amid the release of the Euro-Zone Industrial Orders data for the month of September, the euro slipped against its major counterparts. As of 5.03am ET, the euro was worth 1.4828 against the dollar, 1.6345 against the franc, 0

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