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Archive for November 9th, 2008

Daily business in currency futures rises to Rs 1100 cr
Hindu Business Line, India - 8 minutes ago
According to data available on exchange Web site, MCX-SX recorded a business of Rs 287.49 crore on October 7, the day it launched trading in currency

Korea Won to Weaken to 1400 as Recession Looms, Nomura Reports
Bloomberg - 28 minutes ago
“When global demand returns, this would then help increase Korea's foreign exchange reserves and net foreign assets.'' Fitch Ratings lowered its outlook

Taiwan Bonds Rise Most in a Month on Rate Cut; Currency Gains
Bloomberg - 1 hour ago
The local currency strengthened. “Taiwan's economy is probably at risk, so the central bank needs to take immediate action,'' said Ernest Lee,

Yen Falls on Speculation China Stimulus to Boost High-Yielders
Bloomberg - 40 minutes ago
head of foreign exchange strategy for Japan at Royal Bank of Scotland Group Plc in Tokyo and a former Bank of Japan currency trader, wrote in a research
Euro Falls Thanks To Rate Cut Speculation TradeTNT.com
UPDATE 1-France wary of major reserve currency shift guardian.co.uk
Rate cuts expected from Bank of England, ECB MarketWatch
FXstreet.com The Foreign Exchange Market - Bloomberg
all 2,045 news articles


AFP
Fitch lowers outlook on Malaysia to stable from positive
Malaysia Star, Malaysia - 5 hours ago
especially if it were accompanied by central bank interventions in the currency market to support the exchange rate,” said James McCormack,
INTERVIEW - Fiscal gap, cap outflows a concern for India - Fitch Reuters India
Fitch Downgrades Emerging Markets as Global Slowdown Spreads Bloomberg
Fitch cuts ratings, lowers outlook of emerg. economies guardian.co.uk
The Standard
all 106 news articles

Forex Trading Signals Indicate Two Opportunities
Daily FX, NY - 15 minutes ago
Within the last hour our Forex Buy/Sell Automated Trading Signals indicated two trading opportunities. Our “Breakout 1” signal has suggested a EURCHF Buy

Govt widens dollar scam investigation
Daily Times, Pakistan - 16 minutes ago
In Peshawar, the FIA began gathering data on illegal foreign currency exchange said sources familiar with the investigations. But no arrests were made.

Japan forex reserves $977.723 bln at end-Oct
Forbes, NY - 5 minutes ago
TOKYO, Nov 10 (Reuters) - Japan's official foreign reserves stood at $977.723 billion at the end of October, the Ministry of Finance said on Monday.

Japan forex reserves $977.723 bln at end
Life Style Extra, UK - 25 minutes ago
TOKYO, Nov 10 (Reuters) - Japan's official foreign reserves stood at $977.723 billion at the end of October, the Ministry of Finance said on Monday.

Daily Forex Commentary November 10
IBTimes Australia, Australia - 20 minutes ago
:: Australian Dollar: The Australian Dollar opens higher this morning above 0.6700 on the back of weak US economic data, stronger global equities and a