FOReign EXchange

Guardian Unlimited - PARIS, Nov 22 (Reuters) - French President Nicolas Sarkozy will in a forthcoming visit to China call for an "equitable and fair" relationship between four major currencies -- the dollar, euro, yen and yuan, a senior French official said on Thursday

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

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

UPDATE 1-SembMarine says BNP demands forex trade payment
Reuters UK - SINGAPORE, Nov 21 (Reuters) -Singapore's SembCorp Marine (SCMN.SI: Quote , Profile , Research ) said BNP Paribas (BNPP.PA: Quote , Profile , Research ) is demanding payment from a subsidiary for foreign exchange losses, putting the rig maker on

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

Reuters Business Report at 1330 GMT
Guardian Unlimited - PARIS - French President Nicolas Sarkozy will in a forthcoming visit to China call for an "equitable and fair" relationship between four major currencies -- the dollar, euro, yen and yuan, a senior French official said. (FRANCE-SARKOZY/FOREX (UPDATE

EU's Almunia: Forex Volatility Has Risen
Forbes - Volatility in foreign exchange markets has increased and is likely to continue, the European Union's top monetary affairs official said Tuesday. Joaquin Almunia, commissioner for Economic and Monetary Affairs, said the euro zone economy so far has

ACM Silver Sponcer Forex Expo in Abu-Dhabi
MENAFN - (MENAFN Press) ACM Advanced Currency Markets SA has once more joined the 2nd Middle East Forex Expo as a Silver Sponsor following its very successful presence in the First event which was concluded in Dubai last month. The 2nd Middle East Forex Expo

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

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