Archive forApril, 2007
April 1, 2007 @ 4:40 am
· Filed under Uncategorized
Reuters launches forex joint venture with CME
LONDON (MarketWatch) — Reuters Group PLC Monday launched its long-anticipated FXMarketSpace joint venture with the Chicago Mercantile Exchange, creating the world’s first centrally-cleared global foreign exchange market place. The U.K.-based financial data and information provider, which has historically dominated the foreign exchange information market, said it hoped the project would …
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April 4, 2007 @ 11:35 pm
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Forex - Australian dollar likely to hold 10-year highs but risks remain
SYDNEY (XFN-ASIA) - The Australian dollar hit a fresh 10-year high of 0.8090 usd earlier after the US Federal Reserve softened its tightening stance overnight, pointing to possible interest rate cuts in the US towards the end of 2007, analysts said.
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April 6, 2007 @ 4:35 pm
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Forex News
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April 8, 2007 @ 8:16 am
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Forex - US dollar firmer in early Tokyo on short-covering ahead of …
Forbes - TOKYO (XFN-ASIA) - The US dollar was bid firmly against the euro and the yen in early trading here, with short-covering supporting the US currency ahead of the release later today of US non-farm payrolls data for March, dealers said. Non-farm …
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April 13, 2007 @ 12:00 am
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China’s forex reserve tops US$1.2 trillion
English Eastday - China’s foreign exchange reserve reached us$1.2 trillion by the end of March, up 37.36 percent from the same period last year, the People’s Bank of China announced yesterday. “I’m not surprised at the figure,” Cai Zhizhou, an economist with Beijing …
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April 18, 2007 @ 9:55 am
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Esprit Financial Group Inc. (Esprit) (EFGO.PK) To Expand Presence in …
Forbes - LAS VEGAS, NV, April 17 /PRNewswire-FirstCall/ - Esprit Financial Group Inc. (ESPRIT) (EFGO.PK) www.espritfinancialgroup.com has made a strategic decision to create additional vertical integration for its Forex division, headed by Richard …
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April 19, 2007 @ 8:25 am
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China end-2006 foreign debt at 322.988 bln usd - forex regulator …
Forbes - BEIJING (XFN-ASIA) - China’s outstanding foreign debt at the end of 2006 stood at 322.988 bln usd, the nation’s foreign exchange regulator said. The State Administration of Foreign Exchange (SAFE) said in a statement on its website that outstanding …
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April 20, 2007 @ 7:00 am
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Forecast on Forex Majors
FXStreet.com - Daily Bullish: We saw reversal from our 159.50-70 support area perfectly and now we need monitor how far this can rally. We note resistance at 161.74 and any move above here should cause a retest of the 162.30-40 area which we feel will cap again on …
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April 21, 2007 @ 6:10 am
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Forex - US dollar mixed in Sydney afternoon, yen up on rate hike …
Forbes - SYDNEY (XFN-ASIA) - The US dollar was trading mixed against major currencies recovering from 2-year lows against the euro but weaker against the yen on speculation that the Bank of Japan (BoJ) may hike interest rates next month, dealers said. They …
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April 22, 2007 @ 5:20 am
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Forex - US dollar up slightly in Sydney afternoon trade as growth …
Forbes - SYDNEY (XFN-ASIA) - The US dollar was trading slightly firmer against major currencies, helped by easing concerns about economic growth in the US, dealers said. At 2.15 pm (0415 GMT) here the dollar was at 118.65 yen, up from 118.43 in mid-morning …
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