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2006 August

Archive forAugust, 2006

FOREX: Ringgit Ends Firmer Against US Dollar

FOREX: Ringgit Ends Firmer Against US Dollar
Bernama, Malaysia - Jul 26, 2006KUALA LUMPUR, July 26 (Bernama) — The ringgit ended firmer against the US dollar Wednesday on technical rebound, a dealer said. …

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FOREX-Dollar rises after ISM survey beats forecasts

FOREX-Dollar rises after ISM survey beats forecasts
Reuters - 18 hours agoNEW YORK, Aug 1 (Reuters) - The dollar edged higher on Tuesday, extending gains against the euro and the yen after the ISM manufacturing index came in above …

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Forex Markets Today - Dollar on back foot as FOMC looms

Forex Markets Today - Dollar on back foot as FOMC looms
FXstreet.com The Foreign Exchange Market, Spain - 20 hours agoby CMC Markets Global FX Research Team. August 2nd - Although there are still some key US economic indicators to be released before …

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(AFX UK Focus) 2006-08-03 14:30 GMT: Forex - Euro rises as ECB’s Trichet points to more rate hikes 

(AFX UK Focus) 2006-08-03 14:30 GMT: Forex - Euro rises as ECB’s Trichet points to more rate hikes 
LONDON (AFX) - The euro rose against the dollar as European Central Bank president Jean-Claude Trichet suggested that further interest rate rises are likely to follow today’s expected 25 basis point hike to 3.00 pct.

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(AFX UK Focus) 2006-08-03 15:02 GMT: Forex - Pound up sharply on surprise BoE rate hike; Euro up on Trichet comments 

(AFX UK Focus) 2006-08-03 15:02 GMT: Forex - Pound up sharply on surprise BoE rate hike; Euro up on Trichet comments 
LONDON (AFX) - The pound remained sharply higher after the Bank of England’s decision to hike interest rates by 25 basis points to 4.75 pct surprised the market, which had been expecting rates to be left on hold.

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Zimbabwe: 5 Interfresh Executives Fined, Forex Forfeited 

Zimbabwe: 5 Interfresh Executives Fined, Forex Forfeited 
FIVE executives at agro-business giant Interfresh Limited yesterday had a total of US$88 037 and 11 000 forfeited to the State after they were convicted of contravening the Exchange Control Act.

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FOREX-Euro steadies after ECB hike, focus on Trichet

FOREX-Euro steadies after ECB hike, focus on Trichet
FXstreet.com The Futures Market, Spain - Aug 3, 2006By Toni Vorobyova. LONDON, Aug 3 (Reuters) - The euro held steady versus the dollar on Thursday, with investors shrugging off a widely …

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Forex - US dollar higher in Tokyo on short-covering ahead of US FOMC …

Forex - US dollar higher in Tokyo on short-covering ahead of US FOMC …
Forbes - TOKYO (XFN-ASIA) - The US dollar was higher against other major currencies, on short-covering following Friday’s steep declines sparked by expectations that the US Fed will end its long cycle of rate hikes at its policy meeting tomorrow, dealers said …

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Hong Kong end-July forex reserves 127.4 bln usd vs 126.6 bln at end …

Hong Kong end-July forex reserves 127.4 bln usd vs 126.6 bln at end …
Forbes - HONG KONG (XFN-ASIA) - The Hong Kong Monetary Authority (HKMA) said its official foreign currency reserve assets stood at 127.4 bln usd at the end of July, up from 126.6 bln usd at end-June. Its total foreign currency reserve assets as of end-July …

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FOREX: Ringgit Close Firmer Against US Dollar

FOREX: Ringgit Close Firmer Against US Dollar
Bernama, Malaysia - Aug 7, 2006KUALA LUMPUR, Aug 7 (Bernama) — The ringgit closed firmer against the US dollar Monday as investors were reluctant to hold long dollar positions ahead of the …

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