Swiss franc slides to session low versus dlr (Reuters via Yahoo! Singapore News)

LONDON, Jan 30 (Reuters) – The Swiss franc hit a session low versus the dollar on Friday, with traders citing option-related selling from hedge funds. Read more….  Read More →

Dollar, Yen Rise Most Since October as Slump Fuels Haven Demand (Bloomberg)

Jan. 31 (Bloomberg) — The dollar and yen had their biggest monthly gains against the euro since October as increased evidence of a global economic slowdown increased demand for the currencies as havens during the financial crisis. Read more….  Read More →

Japanese Yen May Finally Break From Its Range As Risk Trends Swell (Daily FX via Yahoo! Finance)

Risk sentiment dominated the markets last week; and it will no doubt do so again next week. This is a promising trend for Japanese yen traders who are looking for volatility – and nail-biting for those that await a lasting trend. Read more….  Read More →

Chinese Premier defends yuan policy strongly (The Malaysian Insider)

BEIJING, Jan 31 — Chinese Premier Wen Jiabao made a stout defence of his country’s currency policy, even as United States President Barack Obama’s administration sought to tone down its criticism over the yuan. Speaking in Berlin after meeting German Chancellor Angela Merkel late on Thursday, he said the yuan is “orientated towards... Read more...

Canadian Dollar Holds Up Despite Dismal US Economic Data (Daily FX via Yahoo! Finance)

The Canadian dollar was one of the few currencies to finish marginally higher against the US Dollar through past week?s trade. A steady stream of bearish US and Canadian economic data would have normally been enough to sink the CAD, but the Loonie held firm even in the face of Crude Oil price declines. Read more….  Read More →

Canadian Dollar Holds Up Despite Dismal US Economic Data (Daily FX)

The Canadian dollar was one of the few currencies to finish marginally higher against the US Dollar through past week’s trade. Read more….  Read More →

Australian Dollar Likely to Fall on Economic Data, Risk Aversion (Daily FX via Yahoo! Finance)

The Australian Dollar faces a triple threat next week as a heavy load of negative economic data and renewed flight from risky assets combine with bearish technical positioning to put downward pressure on the exchange rate. Read more….  Read More →

British Pound Outlook Hinges on BOE Rate Decision, Policy Statement (Daily FX via Yahoo! Finance)

The British pound was the strongest of all the majors last week, as the currency trades in a highly speculative manner and attempts to recoup the massive losses accumulated between October 2008 and January 2009. Read more….  Read More →

Million euro drugs haul in city (BBC News)

Three people are arrested after drugs with an estimated street value of more than one million euro are seized in Dublin. Read more….  Read More →

Dollar rises against euro on eurozone data (AFP via Yahoo! News)

The dollar rose against the euro Friday after US growth figures, while sharply negative, were better than had been feared, with the single currency also hurt by eurozone employment data. Read more….  Read More →

WRAPUP 5-Rouble showdown looms as Russia braces for glum 2009 (Reuters via Yahoo! Singapore News)

* Rouble hits fresh record low Read more….  Read More →

Rouble showdown looms as Russia braces for glum 2009 (Gulf Times)

MOSCOW: Russia’s central bank vowed to defend its floor for the rouble yesterday as the currency sank to fresh record lows and its Finance Minister outlined forecasts for a year of no growth and a hefty budget shortfall. Read more….  Read More →

Can the Dollar Rally Continue?

Over the past 6 months, being long US dollars has been one of the best trades in the currency market but as the dollar extends its gains, many traders wonder how much further it can rise. In the currency market, trends can last much longer than anyone would normally anticipate especially if it is driven by fear. As humans, we run from uncertainty... Read more...

Dollar rises vs Swiss franc in late trading (AP via Yahoo! Finance)

The dollar traded higher against the Swiss franc late Thursday night in New York. The U.S. currency was worth 1.1541 Swiss francs, up slightly from the 1.1519 francs it bought in the late afternoon. Read more….  Read More →

Swiss franc slides to session low versus dlr (Reuters via Yahoo! Malaysia News)

LONDON, Jan 30 (Reuters) – The Swiss franc hit a session low versus the dollar on Friday, with traders citing option-related selling from hedge funds. Read more….  Read More →

Dollar, Yen Rise Versus Euro as Slump Fuels Demand for Haven (Bloomberg)

Jan. 30 (Bloomberg) — The dollar and yen rose versus the euro, heading for their biggest monthly gains since October as mounting evidence of a global slowdown increased the appeal of the currencies as havens from the financial crisis. Read more….  Read More →

Dollar, Yen Rise Versus Euro as Slump Fuels Demand for Refuge (Bloomberg)

Jan. 30 (Bloomberg) — The dollar and the yen headed for their biggest monthly gains versus the euro since October as growing evidence of a global slowdown increased the appeal of the currencies as a refuge from the financial crisis. Read more….  Read More →

Indian Rupee Plunges To 1-week Low Against Dollar (Nasdaq)

(RTTNews) – Friday morning, the Indian rupee slipped to a 1-week low against the US dollar on an increased dollar demand by banks and concerns over fund outflows from the weak domestic equity markets in tandem with falling Asian bourses. Read more….  Read More →

Indian Rupee At 1-week Low Against Dollar (Nasdaq)

(RTTNews) – Friday, the Indian rupee opened lower against the US dollar. The dollar-rupee pair that closed yesterday’s New York session at 48.95 is presently quoted at 49.1350. This set a 1-week low for the rupee. If the Indian currency weakens further, it may test support around the 49.3 level. Read more….  Read More →

Singapore dollar falls to 4-day low against US and Hong Kong counterparts (Nasdaq)

(RTTNews) – During early deals on Friday, the Singapore dollar declined to a 4-day low against its US and Hong Kong counterparts. On the other hand, the Singapore currency showed strength against the euro and the British pound. The local dollar thus reached a 4-day high versus the European currency. Read more….  Read More →

Next Page »