Forex News

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Forex - Chinese Yuan Rises To 4-day High Against Dollar [USD/CNY] 28 Apr 08, 23:58 ET 4/28/2008 11:11:02 PM Against the dollar, the Chinese Yuan advanced during early Asian deals on Tuesday and hit a 4-day high of 6.9882 at about 9:55 pm ET. ... more Forex - South Korean Won Drops To 6-day Low Against Dollar [USD/KRW] 28 Apr 08, 23:12 ET 4/28/2008 11:01:09 PM The South Korean Won declined to a 6-day low against the US dollar in early deals on Tuesday. The won touched a low of 1000.50 at 8:15 ... more Forex - Indonesian Rupiah Slumps To 6-week Low Against Dollar [USD ... 28 Apr 08, 23:07 ET 4/28/2008 10:54:41 PM During early Asian deals on Tuesday, the Indonesian Rupiah fell sharply against the US dollar. The dollar-rupiah pair, which closed ... more RPT-KPIT Cummins seeks clarity on forex accounting 28 Apr 08, 22:58 ET MUMBAI, April 28 (Reuters) - Software services firm KPIT Cummins Ltd hopes to announce its quarterly and annual results in three weeks, by when it expects ... more FOREX: Ringgit Opens Firmer Against Greenback 28 Apr 08, 22:45 ET KUALA LUMPUR, April 29 (Bernama) -- The ringgit was slightly firmer against the US dollar in early trade Tuesday ahead of Bank Negara Malaysia's Monetary ... more (AFX UK Focus) 2008-04-29 02:05 Forex - Dollar rangebound ahead of FOMC meeting; Japan on holiday 28 Apr 08, 21:32 ET SYDNEY (Thomson Financial) - The U.S. dollar was slightly firmer against major currencies in narrow-range trading on Tuesday ahead of the Federal Open Market Committee (FOMC) meeting with volumes down because Japan's financial markets were closed for a public holiday. more Forex - Dollar rangebound ahead of FOMC meeting; Japan on holiday 28 Apr 08, 20:58 ET 'The FOMC and the data will determine the next move in the foreign exchange markets, but sentiment is certainly more positive towards a correction in the US ... more Forex and Dow Jones recommended levels 28 Apr 08, 20:37 ET Todays support: - 1.5618 and 1.5603(main), where correction is possible. Break would give 1.5589, where correction also may be. Then follows 1.5568. ... more FOREX-Dollar drifting, awaiting US rate clarity 28 Apr 08, 20:23 ET SYDNEY, April 29 - The U.S. dollar was a shade softer in Asian trading on Tuesday, with investors wary ahead of a Federal Reserve meeting and a welter of major economic data which could well decide the medium-term outlook for U.S. rates. more Deutsche Bank, UBS, Extend Lead In Forex - Euromoney Survey 28 Apr 08, 19:17 ET LONDON -(Dow Jones)- Deutsche Bank (AG) and UBS AG (UBS) have tightened their grip on the foreign exchange business, according to a survey released Tuesday. more Forex Trading Room Performance for April 28, 2008 28 Apr 08, 18:08 ET by Millennium Traders Monitor performance of our Expert Moderators in the Forex Trading Room. Participate in this extremely liquid market with traders ... more FOREX-Dollar falls broadly as FOMC, data awaited 28 Apr 08, 16:29 ET By Lucia Mutikani NEW YORK, April 28 (Reuters) - The dollar fell against a basket of currencies on Monday, breaking a three-day rally, as buyers retreated ... more Forex reserves at $309.7 bn, third-largest amongst EMEs 28 Apr 08, 16:26 ET 29 Apr, 2008, 0144 hrs IST, PTI MUMBAI: The country's foreign exchange reserves stood at $309.7 billion as at end-March 2008, up $110.5 billion over ... more CME Forex, Financial Estimated Futures Volumes-Apr 28 28 Apr 08, 16:12 ET For today, in contracts. As of 1530 ET. Currencies Financials Euro 166710 Eurodollar 1304795 Japanese yen 76952 Libor 389 Swiss franc 44932 Euroyen 27 ... more Hexaware net down 41% on forex derivatives loss 28 Apr 08, 15:27 ET Mumbai, April 28 City-based Hexaware Technologies has reported a 40.7 per cent dip in quarterly net profit for March 2008 to Rs 20.86 crore compared with Rs ... more Intra−day forex market trend 28 Apr 08, 15:18 ET by Dr.S.Sivaraman This session trend: other majors are expected to make volatile moves for the week beginning... Previous session moves and indications: ... more US Forex Market Commentary 28 Apr 08, 15:17 ET The euro depreciated vis-à-vis the US dollar today as the single currency tested offers around the US$ 1.5590 level and was capped around the $1.5695 level. ... more Shun foreign goods to save forex: NBR chief 28 Apr 08, 14:40 ET Shunning foreign products could bring prosperity to the country and turn Bangladesh self-sufficient said Muhammad Abdul Mazid, Chairman of the National ... more Forex - Euro Steady To Buck After German CPI Slows In April [EUR/USD] 28 Apr 08, 13:45 ET 4/28/2008 12:55:22 PM German annual inflation slowed to 2.4 percent in April from 3.1 percent in March, preliminary Federal Statistics Office data showed on ... more Closing Forex Rates -- UK 28 Apr 08, 12:09 ET As an FXstreet.com Premium member , you will gain access to live streaming real-time news; 24 hours a day, seven days a week to more than 435,000 financial professionals in 66 countries. more FOREX-Dollar rally pauses as Fed rate decision looms 28 Apr 08, 12:08 ET By Gertrude Chavez-Dreyfuss NEW YORK, April 28 (Reuters) - The dollar's rally stalled on Monday as investors bought euros to square up positions ahead of a ... more Forex - Dollar stays well bid as attention turns to US rate decision 28 Apr 08, 11:47 ET - LONDON (Thomson Financial) - The dollar got off to a good start, with most of its gains from last week staying intact as attention turned to Wednesday's ... more Zimbabwe: Hotels Seek Forex Incentive to Retain Staff 28 Apr 08, 11:19 ET PLAYERS in the hospitality industry are seeking approval from the Reserve Bank of Zimbabwe (RBZ) to pay their professionals in foreign currency as the sector battles to retain critical staff ahead of the 2010 World Cup in South Africa. more India's forex reserves at $309.7 bn 28 Apr 08, 10:53 ET The country's foreign exchange reserves stood at $309.7 billion as at end-March 2008, up $110.5 billion over end-March 2007, making it the third largest stock of reserves among emerging market economies. more Forex - Slovak crown rises after EU data shows on track for euro inflation goal 28 Apr 08, 10:39 ET WARSAW (Thomson Financial) - Slovakia's crown currency rose Monday after EU economic forecasts showed it is on track to meet goals on inflation needed to smooth the road to adopting the euro from the start of next year. more Market/ Commodities/ Forex DFM trades lower on Monday 28 Apr 08, 10:38 ET New trading rules affect market performance, Global, Arig and Arabtec regain lost ground from previous session. Amlak lost 3.65 per cent, followed by Emaar ... more KPIT Cummins seeks clarity on forex accounting 28 Apr 08, 10:10 ET MUMBAI, April 28 - Software services firm KPIT Cummins Ltd hopes to announce its quarterly and annual results in three weeks, by when it expects to get clarity on the accounting of mark-to-market losses on foreign exchange derivatives. more FOREX-Euro down slightly vs dollar; Fed looms this week 28 Apr 08, 09:17 ET By Gertrude Chavez-Dreyfuss NEW YORK, April 28 (Reuters) - The euro slipped against the dollar on Monday, losing a bit of momentum after an earlier rally ... more 5 Most Important Events for the Forex Market This Week 28 Apr 08, 09:15 ET Normally, the release of US Non-farm Payrolls takes center stage in the forex markets, as the figure tends to spark significant volatility and can shape interest rate expectations for the Federal Reserve. more Fusion Media Announce the Release of the Live Forex Economic ... 28 Apr 08, 09:04 ET NewswireToday - /newswire/ - Tortola, Road Town, Virgin Islands (US), 04/28/2008 - Fusion Media Limited. announced today the launch of a Professional ... more Forex - Dollar inches higher before Fed verdict 28 Apr 08, 08:53 ET - LONDON (Thomson Financial) - The dollar inched higher as players looked to Wednesday's US rate decision which is expected to signal an end to the Fed's ... more Forex - Slovak crown rises after EU data shows on track for euro ... 28 Apr 08, 08:53 ET - WARSAW (Thomson Financial) - Slovakia's crown currency rose Monday after EU economic forecasts showed it is on track to meet goals on inflation needed to ... more Forex Video - Euro Unfazed by Weak German CPI, Will US Data Shake Things Up? 28 Apr 08, 07:25 ET ·          German CPI slows dramatically - will the ECB back off from their hawkish tone?  ·          Forex market price action has been extremely muted ahead of major US releases this week - Will Tuesday's US data make an impact? Stories to watch on DailyFX ·          What will move the markets this week? Find out the Top 5 Most Important Events. Next up: US Consumer Confidence, ... more Hexaware's Q1 net profit falls after forex loss 28 Apr 08, 07:07 ET MUMBAI (Thomson Financial) - India's Hexaware Technologies Ltd. said its first-quarter net profit fell, hit by a market-to-market forex loss of 56.0 million ... more Hexaware's Q1 net profit falls after forex loss; revenues in line ... 28 Apr 08, 06:55 ET MUMBAI (Thomson Financial) - India's Hexaware Technologies Ltd. said its first-quarter net profit fell, hit by a market-to-market forex loss of 56.0 million ... more USDCHF - Daily Forex Technicals by ForexHound.com April 28th 28 Apr 08, 06:45 ET Trading foreign exchange on the margin carries a high level of risk, and may not be suitable for all investors. The high degree of leverage can work against ... more FOREX: Ringgit Closes Slightly Lower Against US Dollar (Malaysian National News Agency 28 Apr 08, 06:45 ET KUALA LUMPUR, April 28 (Bernama) -- The ringgit closed slightly lower against the US dollar Monday on minor correction after hitting a new 10-year high of 3.1035 against the greenback last week, dealers said. more FOREX: Ringgit Closes Slightly Lower Against US Dollar 28 Apr 08, 06:41 ET KUALA LUMPUR, April 28 (Bernama) -- The ringgit closed slightly lower against the US dollar Monday on minor correction after hitting a new 10-year high of ... more Hexaware's Q1 net profit falls after forex loss; revenues in line with hopes 28 Apr 08, 06:39 ET MUMBAI (Thomson Financial) - India's Hexaware Technologies Ltd. said its first-quarter net profit fell, hit by a market-to-market forex loss of 56.0 million rupees in view of changed accounting policy, but its revenues were in line with the quarterly guidance. more FOREX-Euro rises; ECB hawkish despite soft German CPI 28 Apr 08, 06:12 ET By Toni Vorobyova LONDON, April 28 (Reuters) - The euro rose versus the dollar on Monday after European Central Bank policymakers continued to warn of ... more FX Technical Analysis by Forex Ltd 28 Apr 08, 06:01 ET The assumed correction of the rate for realization of the pre-planned buys has not been confirmed and further development with renewal of the month’s high ... more Market Overview by Forex Yard 28 Apr 08, 06:01 ET Last Friday, the greenback kept up its sharp bullish momentum against most of its major rivals. The USD gained as a result of favorable economic data, ... more Forex - Asian Market Snap Shot by AC Markets 28 Apr 08, 05:56 ET Trading foreign exchange on the margin carries a high level of risk, and may not be suitable for all investors. The high degree of leverage can work against ... more DJ Trichet: ECB Concerned About Forex Implications For Stability 28 Apr 08, 05:32 ET VIENNA, Apr 28, 2008 (Dow Jones Commodities News Select via Comtex) -- -- Sharp fluctuations in foreign-exchange rates are of concern to the European ... more Trichet: ECB Concerned About Forex Implications For Stability 28 Apr 08, 05:29 ET VIENNA (Dow Jones)--Sharp fluctuations in foreign-exchange rates are of concern to the European Central Bank, ECB President Jean-Claude Trichet repeated ... more Kpit Cummins MTM Losses in forex derivatives at Rs 892.68 Million 28 Apr 08, 05:19 ET About 98% of the income that KPIT Cummins derives is in foreign currencies. The Company follows a policy of covering the risks arising out of foreign ... more Forex - Euro under pressure after soft German state CPI data 28 Apr 08, 05:01 ET LONDON (Thomson Financial) - The euro came under pressure after four German states reported monthly falls in the rate of inflation, boosting expectations that pricing pressures in the euro zone's largest economy may be starting to subside. more Forex Weekly Overview 28 Apr 08, 04:53 ET by Przemysław Kwiecień In the last week we witnessed a major change in the sentiment on the forex. After numerous attempts the euro broke through the ... more Forex Analysis on Majors 28 Apr 08, 04:31 ET The assumed correction of the rate for realization of the pre-planned buys has not been confirmed and further development with renewal of the month’s high ... more FOREX-Euro erases gains, weighed by soft German CPI 28 Apr 08, 04:22 ET LONDON, April 28 - The euro slipped on Monday after a fall in German regional consumer prices fuelled speculation that the European Central Bank may cut interest rates later this year. more Forex Technical Analysis - RCPL Forex 28 Apr 08, 04:09 ET Euro: Euro continued to fall against the dollar as it dropped by 150 pips from the days high of 1.5707 to touch an intraday low of 1.5556 before closing ... more Daily Forex Overview 28 Apr 08, 04:09 ET by Raivis Zile On Friday, the US dollar hit a three-week high against the euro and a nearly two-month high against the yen as investors became less sure the ... more Dukascopy Daily Forex Overview 28 Apr 08, 03:55 ET On Friday, the US dollar hit a three-week high against the euro and a nearly two-month high against the yen as investors became less sure the Fed Reserve ... more Daily Forex Technical Report − CAD & AUD Climb on Oil Price 28 Apr 08, 03:48 ET by ActionForex.com Team Canadian dollar and, to a lesser extent the Aussie, are boosted higher as the week opens after oil price strikes another record high ... more Forex - Swiss Franc Bounces Back Against Euro [EUR/CHF] 28 Apr 08, 03:44 ET 4/28/2008 3:30:41 AM The Swiss franc declined to 1.6194 versus the European currency before reversing direction by about 2.45 am ET. ... more DAILY FOREX AND DOW JONES RECOMMENDED LEVELS 28 Apr 08, 03:25 ET Today’s support: - 1.5618 and 1.5603(main), where correction is possible. Break would give 1.5589, where correction also may be. Then follows 1.5568. ... more Forex - Euro Higher Against Majors [EUR/JPY] 28 Apr 08, 03:24 ET 4/28/2008 3:14:28 AM The European currency traded higher against its major counterparts during early deals on Monday. The euro advanced to a 4-day high ... more Crown Forex - Hold on Tight...Gold Might get a Chance to Breathe 28 Apr 08, 03:12 ET Trading foreign exchange on the margin carries a high level of risk, and may not be suitable for all investors. The high degree of leverage can work against ... more It’s prison for Forex ‘guru’ from Turlock 28 Apr 08, 03:04 ET Joel Ward, 49, of Turlock has been sentenced to nine years in federal prison for masterminding a scheme that bilked more than $11 million from nearly 100 ... more Corporation Bank’s forex derivatives exposure Rs180 cr 28 Apr 08, 02:55 ET PTI New Delhi: The public sector Corporation Bank has said it has an exposure of around Rs180 crore in the forex derivatives market, but is not expecting ... more Forex Market Update 28 Apr 08, 02:50 ET By John Hardy Big weekly Chart reversal for EURUSD last week. Will the USD continue to shine in the weeks ahead? All eyes this week on Fed guidance at ... more Crown Forex - US Week. 28 Apr 08, 02:38 ET A new week have started dear reader, highlighted mainly by the US fundamentals as a set of major fundamentals are due this week, 1Q GDP, the rate decision, ... more Forex - Euro Ticks Up Ahead Of German GfK Consumer Confidence ... 28 Apr 08, 02:16 ET 4/28/2008 2:06:38 AM Ahead of the release of the German GfK consumer confidence survey report for the month of May, the euro ticked up against its major ... more Forex Market Outlook on Majors 28 Apr 08, 02:06 ET by AceTrader Team www.AceTraderFX.com 24-Hr Real-time Signals Consistent Performance Intra-day, Daily, Weekly. with Email Alerts Function Try 1-week for $25 ... more Forex - Dollar weakens in Asian afternoon trade ahead of FOMC meeting, data 28 Apr 08, 01:39 ET HONG KONG (Thomson Financial) - The U.S. dollar weakened against the euro and the yen in the afternoon session in Asia on Monday ahead of this week's Federal Open Market Committee (FOMC) meeting and the release of first-quarter economic figures and jobless data for April. more Forex - Dollar weakens in Asian afternoon trade ahead of FOMC ... 28 Apr 08, 01:39 ET - HONG KONG (Thomson Financial) - The US dollar weakened against the euro and the yen in the afternoon session in Asia on Monday ahead of this week's ... more RBI should come out with clear stand on forex derivatives 28 Apr 08, 01:08 ET -- Reserve Bank of India should come out with "unambigious clarification" with regard to forex derivatives trading, which has landed many banks including ... more FOREX-Dollar hits 2-month high vs yen on Fed rate view 28 Apr 08, 00:22 ET By Satomi... TOKYO, April 28 (Reuters) - The dollar climbed to a two-month high against the yen on Monday, boosted by the growing view that the Federal ... more Forex and Dow Jones recommended levels 28 Apr 08, 00:06 ET Todays support: - 1.5618 and 1.5603(main), where correction is possible. Break would give 1.5589, where correction also may be. Then follows 1.5568. ... more

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