FOReign EXchange

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 - Dollar trades near record low vs the euro on pessimism about
Forbes - HONG KONG (Thomson Financial) - The US dollar hovered near a record low against the euro in afternoon Asian trade Thursday as investors dumped the greenback on pessimism about economic growth and a worsening credit market crisis. 'A strong case of

Dollar hits new low against euro amid warnings from Europe
New Straits Times - There is no longer any emotional attachment nor aversion against the yen's appreciation among Japanese politicians and corporate executives which we saw a few years ago," said Toru Umemoto, chief forex strategist at Barclays Capital. The US central

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

Forex - Dollar off record lows against euro in thin Thanksgiving trade
Forbes - LONDON (Thomson Financial) - The dollar recovered slightly against the euro after hitting another record low in Asian trade on continued concern about a downturn in the US economy. Markets are still digesting Tuesday's downbeat growth forecasts from

Hundreds Of Angolan Children Ill With Bromide Contamination []
RTT News - Forex News Ø Forex Top Story Ø US Economic News Ø European Econ. News Hundreds Of Angolan Children Ill With Bromide Contamination [] 11/22/2007 2:33:01 PM The World Health Organization has

RBI says actively intervenes in forex mkt
Reuters India - NEW DELHI (Reuters) - Reserve Bank of India deputy governor Rakesh Mohan said on Thursday that while the RBI did actively intervene in currency markets, the rupee was largely determined by the market. Mohan also said the RBI was ready to use all

Forex - Asia currency summary
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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

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