Currency Trading News by DailyFX:
US Dollar Forecast to Remain Range-Bound versus EuroEuro May Finally See a Breakout Against the Dollar This Week AgainstJapanese Yen Breakout Looms in Thin, Risk-Driven TradeBritish Pound Outlook Remains Bearish Ahead of UK G (Read More)
India Times:
Foreign exchange reserves rose $962 million during the week ended November 13 as the central bank bought the dollars that came in as portfolio investments by foreign institutional investors. (Read More)
India Times:
Foreign exchange reserves rose $ 962 mn during the week ended November 13 as the central bank bought the dollars that came in as portfolio investments by foreign institutional investors. (Read More)
India Times:
The first audit conducted by ICE covered 654 companies and resulted in the filing of formal notices to seek a fine from 61. Forex Converter | NRI investments in India. (Read More)
Currency Trading News by DailyFX:
I am frequently asked where to get a live news feed that includes both up-to-date analysis on a variety of financial markets and updates on economic releases. The DailyFX Forex Stream fills both needs.
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Moneycontrol Top Headlines:
SMC Capitals has come out with a report on "BRIC : their forex reserves and respective exposure into US treasury bonds". The research firm said of the BRIC countries, India has the least percentage (%) exposure of its total f (Read More)
Currency Trading News by DailyFX:
EURUSD – Euro Forecast Flips to Bearish Against DollarGBPUSD – British Pound Forecast Points to Short-term PullbackUSDJPY – Japanese Yen Likely to Rally Further versus US DollarUSDCHF – Swiss Franc Outlook Turns BearishUSDCAD (Read More)
Wall Street Journal:
South Korea unveiled several measures aimed at helping local firms better manage foreign exchange risks and to reduce imbalances. (Read More)
Financial Times:
Foreign exchange bankers reacted with alarm on Wednesday to proposals from Barney Frank, chairman of the House financial services committee, that would require trades in currency derivatives to be processed through a centrali (Read More)
Financial Times:
Bankers fear new systemic risk if companies face higher costs for hedges under centralised clearing and potentially be required to post extra collateral. (Read More)
Wall Street Journal:
Elevated gold prices indicate “gold bugs are bidding up prices to hedge against inflation and the U.S. dollar,” says Kathy Lien, director of currency research at GFT Forex. Reaction in currency markets to worse-than-expected (Read More)
Wall Street Journal:
TEL AVIV (MarketWatch) -- Formula Systems Ltd., the Herzliya, Israel, technology provider, reported on Wednesday that third-quarter net income rose 37% on 7.9% lower revenue. Net income reached $3.9 million, or 27 cents a sh (Read More)
Currency Trading News by DailyFX:
Forex options and futures markets paint a decidedly mixed picture for the US Dollar, as traders are increasingly unsure of short-term direction. We had been calling for a major US Dollar turnaround for quite some time now, an (Read More)
Submitted by annabelmeade
from Twitter:
The Virtual World Money Show opens today 1pm GMT free to attend lots of webcasts/interviews on stocks futures Forex etc http://bit.ly/3UsigE. (Read More)
Currency Trading News by DailyFX:
Forex options market volatility expectations have once again dropped considerably to start the week’s trade, giving mixed outlook for trading strategy biases in the week ahead. Our 1-week volatility index trades at its lowest (Read More)
Reuters:
NEW YORK (Reuters) - The dollar fell on Monday as a rise in U.S. retail sales failed to change the outlook for U.S. interest rates and disagreement among Asian and U.S. leaders on exchange rates weakened the greenback.
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The Economic Times:
India’s forex outgo on account of import of vegetable oils has zoomed to a record high of Rs 28,000 crore in the just concluded oil year of 2008-09 (November-October) from Rs 25,000 crore in the previous year. (Read More)
forex weekly analysa:
Highlights Risk assets and the USD are at a critical juncture US retail sales on the radar MPC minutes could bring clarity to the issue of BoE QE Cable continues to find buyers on dips Key data and events to watch (Read More)
Moneycontrol Top Headlines:
The rupee is likely to be strong on dollar's weakness and positive sentiment across global equity markets. The range for the day is seen between 45.9046.40/$, says Subramaniam Sharma, Greenback Forex. (Read More)