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 stable against euro in quiet Thanksgiving holiday
Forbes - LONDON (Thomson Financial) - The dollar was stable against the euro as the closure of US markets for the Thanksgiving holiday kept some players away from their desks, helping to alleviate the recent pressure off the struggling currency. With these

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

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 - Asia currency summary
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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

Easy-Forex Diamond sponsor of ME FX Expo
MENAFN - (MENAFN Press) Easy-Forex is pleased to announce its Diamond sponsorship of the 2nd Middle East Forex Expo which will be held at the Beach Rotana Hotel & Towers located in Abu Dhabi U. A. E. "We welcome opportunities like this to come out and meet

Forex - Euro Down Against Majors Ahead Of Euro-Zone Industrial Orders
RTT News - 11/22/2007 4:55:47 AM The Euro-Zone Industrial Orders data for the month of September is expected at 5.00am ET. Ahead of the release, the euro was down against its major counterparts. As of 4:55 am ET, the euro was quoted at 1.4832 against the dollar

Forex - US dollar falls to 2-yr lows vs yen on rate cut expectation
Forbes - TOKYO (Thomson Financial) - The US dollar slid to two-year lows against the yen in afternoon trading in Asia on growing speculation of another cut in US interest rates and accelerated unwinding of yen-carry trades as equity markets continue 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