FOReign EXchange

RTT News - 11/22/2007 3:27:17 PM The dollar was virtually unchanged in very quiet dealing versus its major counterparts on Thursday, with most American traders away from their desks to celebrate the US Thanksgiving holiday. Against the euro, the dollar stayed

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 higher in Sydney amid growing expectations for US
Forbes - SYDNEY (Thomson Financial) - The US dollar recovered some ground against major currencies in midmorning trade in Sydney on Thursday after sinking to new lows overnight on speculation the Federal Reserve will cut interest rates again in December to

FOREX-Dlr hits record low as risk-shy investors buy yen
Reuters - LONDON, Nov 21 (Reuters) - The dollar hit a record low against the euro and a basket of major currencies on Wednesday and the yen rose sharply as concerns on the health of the U.S. economy and global credit markets saw investors flee risky carry

Forex - BNP Paribas Comments On Strong German Q3 GDP Figures
RTT News - 11/22/2007 9:48:51 AM BNP Paribas noted Thursday morning that the German economy grew 0.7% in the third quarter, bettering the 0.3% expansion logged in the second quarter. According to Paribas, "This relatively strong performance of GDP growth in Q3

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

Saxo Bank participates in Middle East Forex Trading Expo
MENAFN - (MENAFN Press) In times of turbulent markets innovative Middle Eastern investors inquire for more sophisticated multi-product trading platforms. They are interested not only in a high number of instruments, but also risk management abilities and