FOReign EXchange

Reuters - NEW YORK, Nov 20 (Reuters) - The dollar slid to a record low versus the euro on Tuesday after the Federal Reserve said a housing slump, tighter credit conditions and high oil prices would likely slow U.S. economic growth in 2008. The forecast was

FOREX-Dollar steady vs euro after Fed minutes
Reuters - NEW YORK, Nov 20 (Reuters) - The dollar was steady versus the euro on Tuesday after minutes of the Federal Reserve's Oct. meeting showed policy makers considered the rate cut a "close call." The euro traded higher at $1.4789 , from about $1

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 - 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

SembCorp Marine says BNP demands payment for forex svcs
Reuters UK - SINGAPORE, Nov 21 (Reuters) - Singapore's rig builder SembCorp Marine (SCMN.SI: Quote , Profile , Research ) said on Wednesday that BNP Paribas (BNPP.PA: Quote , Profile , Research ) has demanded payment of $50.7 million, which is part of the