Archive forDecember, 2006
December 1, 2006 @ 9:30 am
· Filed under Uncategorized
Forex - Dollar slumps further after weak Chicago PMI data
Forbes - LONDON (AFX) - The dollar fell sharply across the board after a weaker-than-expected Chicago PMI report led to fears that tomorrow’s key ISM survey on US manufacturing activity will disappoint. This afternoon’s data showed manufacturing activity in …
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December 2, 2006 @ 9:05 am
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Forex Commentary
Asia Times Online, Hong Kong - Dec 1, 2006By Jack Crooks. - Parity between the Hong Kong dollar and the yuan will not affect the SAR’s monetary policy, Hong Kong Monetary …
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December 3, 2006 @ 4:55 am
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Forex - Dollar recoups some ground but remains near historic euro …
Forbes - LONDON (AFX) - The dollar recovered some lost ground but remained near historic lows against its major competitors as weak economic news from the US continued to keep the pressure on the US currency. Overnight, the pound surged to a high of 1.9750 …
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December 4, 2006 @ 1:05 am
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Hard for nations with big US dollar forex reserves to switch - China …
Forbes - BEIJING (XFN-ASIA) - Countries with large holdings of US dollar denominated foreign exchange reserves have little leeway to switch into other currencies because of the vigilance of global markets, Guan Tao, deputy head of the general affairs …
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December 4, 2006 @ 11:20 pm
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FOREX-Dollar recovers, but still near 20-month lows
FXstreet.com The Futures Market, Spain - 14 hours agoBy Toni Vorobyova. LONDON, Dec 4 (Reuters) - The dollar recovered from an earlier 20-month low against a basket of currencies on …
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December 5, 2006 @ 10:20 pm
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FOREX-Dollar holds near 20-mth low vs euro
TOKYO, Dec 4 (Reuters) - The dollar fell to a fresh 20-month low against the euro on Monday, carrying over its weakness from late last week, when soft U.S. factory data reinforced expectations that the Federal Reserve will cut interest rates next year.
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December 6, 2006 @ 8:05 pm
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FOREX-Dollar edges higher, ECB meeting awaited
Reuters - NEW YORK, Dec 6 (Reuters) - The dollar rose against the euro and yen on Wednesday after a report showed the U.S. private sector created more jobs than expected last month, leading some to conclude the labor market remained resilient. But the …
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December 10, 2006 @ 7:00 am
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RBZ U-turn on forex agencies(07-12-06)
The Zimbabwean, Africa - Dec 6, 2006… battling to breathe life into Zimbabwe’s comatose economy - said the re-registered money transfer agencies had pledged to comply with standing forex rules. …
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December 11, 2006 @ 11:55 pm
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Forex - Euro drifts back over 1.32 usd ahead of key data this week
Forbes - LONDON (AFX) - The euro drifted back over the 1.32 level against the dollar in quiet trading ahead of key European and US economic data later this week. The dollar had Friday posted gains after strong jobs data, but today lost some of its shine as …
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December 14, 2006 @ 4:50 pm
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FOREX-Dollar keeps gains after data, yen weak
Reuters - TOKYO, Dec 14 (Reuters) - The dollar steadied on Thursday after scoring gains the previous session on data showing solid U.S. retail sales in November that eased some worries about the Federal Reserve possibly cutting interest rates next year …
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