Currency Trading News by DailyFX:
US Dollar Remains in Downtrend After Fed Reiterates Dovish StanceEuro May Regain Fundamental Control with its Own With GDP NumbersJapanese Yen Awaits the Signal for Risk Appetite to Finally ReverseBritish Pound Could See Brea (Read More)
The Economic Times:
In spite of foreign tourist inflow adversely hit in aftermath of 26/11 terror attack and economic slowdown, the foreign exchange earning from the sector has witnessed a three per cent increase this year. (Read More)
Reuters:
(Reuters) - California Public Employees' Retirement System, knew it was paying uncompetitive rates on foreign-exchange trades as early as 2003, the Wall Street Journal said, citing a consultant who advised the largest U.S. (Read More)
Moneycontrol Top Headlines:
the rupee is likely to be stronger today on positive Asian equity markets which could push domestic markets higher, says Manis Thanawala of Greenback Forex Services. (Read More)
Currency Trading News by DailyFX:
EURUSD – Euro Forecast Turns Short-Term Bullish vs DollarGBPUSD – British Pound Forecast Remains PositiveUSDJPY – Japanese Yen Likely to Recover versus US DollarUSDCHF – Swiss Franc Expected to GainUSDCAD – Canadian Dollar Fo (Read More)
Google News India - Business:
Washington PostUS Fed leaves key rates unchanged; says economy is improvingEconomic Times5 Nov 2009, 1627 hrs IST, PTI WASHINGTON: The US central bank has retained near-zero rate regime to boost the country's fragile recovery (Read More)
Wall Street Journal:
TEL AVIV (MarketWatch) -- Costco Wholesale Corp., the Issaquah, Wash., warehouse retailer, reported that for October, comparable-store sales rose 5% while total sales rose 7% to $5.68 billion from $5.3 billion in the year-ea (Read More)
Reuters:
LONDON (Reuters) - Rising relative interest rates next year will likely force many emerging central banks to take more measures to stem relentless currency appreciation caused by yield-chasing investors.
. (Read More)
Moneycontrol Top Headlines:
A selloff in equity markets could take the rupee above Rs 47 per dollar. Resistance is seen at Rs 47.20 per dollar, says Subramaniam Sharma, Greenback Forex Services. (Read More)
Currency Trading News by DailyFX:
Forex options and Futures markets continue to show that US Dollar sentiment is at bearish extremes, and a further unwind of said positioning is likely to produce material US Dollar rallies. Indeed, we have been calling for a (Read More)
Currency Trading News by DailyFX:
Forex options market volatility expectations have surged on recent market choppiness, and we have geared up for substantial moves out of the US Dollar and other key counterparts. We continue to favor Breakout systems, and ind (Read More)