Euro J

Home > Foreign Exchange Information > Foreign Exchange News

Foreign Exchange News

  • It's China's world. (We just live in it) Thursday, September 2, 2010 @ 10:47AMYou wouldn't think the men who run the oil-rich country of Nigeria would have much spring in their step these days. The nation is plagued by a never-ending guerrilla war, one that has trimmed the country's oil production to two-thirds of its potential capacity.
  • TSX gets lift from bank stocks Thursday, September 2, 2010 @ 10:46AMThe Toronto stock market was higher Thursday with lift coming from bank stocks even as TD Bank delivered quarterly earnings that narrowly missed expectations.
  • 7 Funds for Dividend Junkies Thursday, September 2, 2010 @ 10:46AMFind yield and steady performance in domestic and foreign funds, as well as ETFs.
  • Iran Risks Crash With Record Stock Market Boom, Say Economists Thursday, September 2, 2010 @ 10:45AMA record boom in Tehran's stock market will end in a spectacular crash that could trigger a prolonged depression producing multiple bankruptcies, mass unemployment, and acute economic hardship, analysts say. -Robert Tait, RFE
  • VimpelCom 2Q net income falls on foreign currency Thursday, September 2, 2010 @ 10:45AM(AP:NEW YORK) Russian mobile phone company VimpelCom Ltd. on Thursday said its second-quarter net income fell on higher operating expenses and a currency exchange loss.
  • 8 Ways to Create Your Own Stimulus Check Thursday, September 2, 2010 @ 10:39AMInstead of waiting for a government handout, generate your own surplus.
  • Joe Biden update: Turning over the keys in Iraq Thursday, September 2, 2010 @ 10:37AMFull text: The Democrat gives Iraqi politicians a friendly warning about working together to form a new government finally.
  • Are the mutual fund's days numbered? Thursday, September 2, 2010 @ 10:36AMEver since exchange-traded funds were created in the early 1990s, they've been seen as a threat to old-fashioned mutual funds. That's because ETFs can offer you instant exposure to a wide range of investments -- from the broad stock and bond markets to individual sectors to niche strategies -- all with a single trade.
  • Deflation? Inflation? Protect against both Thursday, September 2, 2010 @ 10:36AMYou know that stocks have a knack for climbing a wall of worry. You saw that firsthand last year, when in the midst of the global financial crisis, the Standard & Poor's 500 index skyrocketed more than 70% from its March 2009 lows.
  • Japan: Vehicle Sales rise 46% over the year to August 2010 Wednesday, September 1, 2010 @ 12:28AMFXstreet.com (Córdoba) - The Total Vehicle sales grew by 46% over the year to August 2010, Japan Automobile Manufacturers Association said today.
  • School busses to be flagged across Little Elm Bridge Wednesday, September 1, 2010 @ 12:27AMTexas Dept. of Transportation flagmen will be at either end of the Little Elm Bridge after school starts next week. When a school bus needs to cross the bridge flagmen will stop traffic in the opposite direction to let the bus cross.
  • Asia Markets: Tokyo shares could find support on valuations Wednesday, September 1, 2010 @ 12:26AMA day after Japanese stocks tumbled to 16-month lows, analysts said cheap valuations and the likelihood of further government stimulus -- along with policy easing by the Bank of Japan -- could provide support to the market.
  • Local stocks up 0.8% Wednesday, September 1, 2010 @ 12:17AMMANILA, Philippines - Local stocks rose on Wednesday, taking their cue from Asian markets.
  • Moose to test the waters in 3A Cross Country Wednesday, September 1, 2010 @ 12:05AMALAMOSA—As fall sports are getting ready to start their official seasons, the Alamosa Mean Moose Cross Country team has been racking up the miles and building the base for their season as they prepare to test the challenge that is 3A cross country.
  • Sterlite, Tata Steel Gain as Sensitive Index Advances Most in Two Weeks Tuesday, August 31, 2010 @ 11:59PMIndia’s stocks climbed the most in two weeks, led by raw material producers as investors speculated economic expansion will boost profitability and demand.
  • Yuan Drops Third Day on Signs China Seeks Stability Versus Currency Basket Tuesday, August 31, 2010 @ 11:58PMThe yuan weakened versus the dollar for a third day on signs China’s central bank is seeking to maintain stability against a basket of currencies after ending a two-year dollar peg in June.
  • Thai Stocks Advance to Highest Since 1996, Before Asian Crisis Tuesday, August 31, 2010 @ 11:47PMThailand’s benchmark stock index, Asia’s best performer, rose to the highest level since 1996 and the baht gained as easing political tensions and improving earnings boosted confidence in Southeast Asia’s largest economy.
  • Forex: GBP/USD consolidating at monthly lows Tuesday, August 31, 2010 @ 5:58PMFXstreet.com (Buenos Aires) – GBP/USD Current price: 1.5346. Consolidating at daily lows Pound was under heavy selling past European and American sessions, ending the month at fresh lows.
  • Forex: USD/JPY Bearish pressure persist Tuesday, August 31, 2010 @ 5:58PMFXstreet.com (Buenos Aires) – USD/JPY Current Price: 84.15. Stocks both in Europe and America managed to end the day positive, yet Japanese Yen extended its rally against major rivals, reaching an intraday high against greenback at 83.82 before halting the rally.
  • FormFactor warns on 3Q sales; shares drop Tuesday, August 31, 2010 @ 5:53PMFormFactor Inc., which makes semiconductor testing equipment, said Tuesday that its third-quarter revenue will miss expectations, sending the company's battered stock down in afterhours trading.
  • Zimmer Holdings to Present at Morgan Stanley Global Healthcare Unplugged Conference Tuesday, August 31, 2010 @ 5:44PMWARSAW, Ind., Aug. 31 /PRNewswire-FirstCall/ -- Zimmer Holdings, Inc. (NYSE: ZMH; SIX: ZMH), a global leader in musculoskeletal care, announced that it will be participating in the Morgan Stanley Global Healthcare Unplugged Conference in New York, New York on September 13, 2010 at 8:35 a.m. Eastern Time. A live webcast of the presentation can be accessed via Zimmer's Investor Relations website ...
  • Levels to watch in early trade Tuesday, August 31, 2010 @ 5:43PMUSD/JPY: The big level to watch today is the recent low just above 83.50 and dealers expect some actual intervention this time. If it doesn't eventuate, watch out for big stops below. USD/CHF: Next major option level is 1.0000 which will be defended. We can expect more big stops below there.
  • Still Counting in Australia ! Tuesday, August 31, 2010 @ 5:43PMThe Australian elction saga continues and looks set for further argy-bargy as the two contenders try and woo those who now seem to have the ball in their court. The Coalition have ostensibly 73 seats vs Labour's ( current government) 72.
  • Obama:”Most Urgent Task Is To Restore US Economy” Tuesday, August 31, 2010 @ 5:43PMThe opinions and analysis offered on Forexlive are for educational purposes only and clients and prospects are advised to carefully consider the opinions and recommendations offered by the analysts and to use the analysis and opinions in conjunction with the client and/or prospects own independent analysis.
  • Potash poison pill a placebo? Tuesday, August 31, 2010 @ 5:42PMRecent contradictory rulings on takeover defences may not help Saskatchewan fertilizer giant
  • US approves Chinese firm's stake in Morgan Stanley Tuesday, August 31, 2010 @ 5:40PMThe US Federal Reserve on Tuesday approved China Investment Corporation's bid to buy up to a 10 percent voting stake in investment giant Morgan Stanley.
  • Forex: EUR/JPY bounces to 106.80 Tuesday, August 31, 2010 @ 2:58AMFXstreet.com (Barcelona) - Despite steadily declining since open Tuesday, the EUR/JPY has most recently bounced from a 5-day low in 106.20. The pair elevated around 60 pips before finding firm resistance around the 106.80 mark and has since settled slightly lower in the opening hours of the European session.
  • Germany Unemployment declines by 17,000 in Aug, jobless rate unchanged at 7.6% Tuesday, August 31, 2010 @ 2:58AM© 2010 “FXstreet.com. The Forex Market” All Rights Reserved. Every effort is made to provide accurate and complete information. However, with the thousands of documents available, often uploaded within short deadlines, we cannot guarantee that there will be no errors.
  • Daiichi Sankyo ups H1 forecast, keeps yearly outlook Tuesday, August 31, 2010 @ 2:53AMDaiichi Sankyo, Japan's number 3 drugmaker, said on Tuesday it has upgraded its revenue and profit outlook for the April-September first half thanks to strong earnings at its Indian unit Ranbaxy Laboratories.
  • Indian economy accelerates to 8.8% growth Tuesday, August 31, 2010 @ 2:53AMIndia's economy expanded at the fastest pace in 2 1/2 years, increasing pressure on the central bank to raise rates.
  • Emirates denies plan to buy stake in American Tuesday, August 31, 2010 @ 2:45AMEmirates Airline said Monday it has no plan to acquire a stake in AMR Corp., denying speculation of a linkup with the parent of American Airlines.
  • US aid worker freed in Darfur, Russians abducted Tuesday, August 31, 2010 @ 2:43AMAmerican aid worker Flavia Wagner, 35, who was kidnapped in mid-May in a village in South Darfur state along with two Sudanese colleagues, being welcomed by US embassy staff on her arrival at Khartoum airport, following her release yesterday.
  • Forex: EUR/CHF drops to fresh all-time low below 1.2965 Tuesday, August 31, 2010 @ 2:43AMFXstreet.com (Barcelona) - The Euro Swiss Franc has broken below the last four days consolidation range, on Tuesday Asian session, extending the pair's retreat from Monday's high at 1.3145 to levels below 1.2965 support area, reaching fresh all time low levels at 1.2910 so far.
  • Russia Leaves Rates Unchanged Even as Drought Adds Inflationary Pressures Tuesday, August 31, 2010 @ 2:42AMRussia’s central bank left its main interest rates unchanged as policy makers said inflation pressures triggered by the worst drought in at least 50 years can’t be stemmed by monetary policy moves.
  • Finance, Economic Ministers Defend Monetary Policy Steps as Stocks Slide Tuesday, August 31, 2010 @ 2:39AMJapanese finance and economic ministers defended measures pledged by the government and the Bank of Japan yesterday, amid concern they won’t be sufficient to halt the yen’s gain and boost growth.
  • Asia assesses prospects as world recovery stumbles Sunday, August 29, 2010 @ 1:15AMTalk of the global economic recovery fizzling doesn't faze Cho Byung-cheol, president of a small South Korean technology company that has already set up a branch in China and plans one soon in the United States.
  • Graft-Fighting Prosecutor Fired in Afghanistan Sunday, August 29, 2010 @ 1:13AMKABUL, Afghanistan -- One of the country's most senior prosecutors said Saturday that President Hamid Karzai fired him last week after he repeatedly refused to block corruption investigations at the highest levels of Mr. Karzai's government.
  • President concludes Laos, Cambodia visits Sunday, August 29, 2010 @ 1:13AMVietNamNet Bridge - President Nguyen Minh Triet returned home in the afternoon on August 28, wrapping up an official visit to Laos and a State-level visit to Cambodia.
  • Tax havens protecting Hawala operators, says global task force Sunday, August 29, 2010 @ 1:08AMTax havens protecting Hawala operators, says global task forceTax havens protecting Hawala operators, says global task force
  • BUSINESS IN BRIEF 29/8 Sunday, August 29, 2010 @ 1:03AMThe economic ministers of Cambodia, Laos, Myanmar and Vietnam (CLMV) met for the first time in Vietnam’s coastal city of Da Nang on Aug. 28 to seek ways to boost their countries’ economic and trade ties.
  • FALL SPORTS PREVIEWGirls Tennis Sunday, August 29, 2010 @ 12:55AMBOYERTOWN Head coach: Donna Laskosky, 11th season. Last year's record: 6-3 PAC-10, 7-5 overall. Players to watch: Steph Archer, Sr., singles; Katie Bradley, Sr., doubles; Emily Huber, Sr., doubles; Megan Shingleton, Sr., singles; Annie Bradley, Jr., doubles; Gabrielle Genuario, Jr., doubles; Kayla Lohr, Jr., doubles; Kristy Schwenk, Jr., doubles; Emily Allen, Soph., singles.
  • First-day enrollment figures announced Sunday, August 29, 2010 @ 12:49AMThe unofficial first-day count for the Grand Island Public Schools edged just past 9,000, with a preliminary tally of 9,001 students.
  • Sensex may cross 30,000 in 3-5 years: Kela Sunday, August 29, 2010 @ 12:38AMHinting at near doubling of investments made in stocks, Anil Ambani group's renowned fund manager Madhusudan Kela has predicted that the benchmark Sensex will cross 30,000-point level in the next 3-5 years.
  • NATO forces say Taliban base attacks repelled Saturday, August 28, 2010 @ 8:15AMForeign and Afghan troops repelled pre-dawn attacks on two bases in Afghanistan's east on Saturday, officials said, with the Taliban saying suicide bombers were among 30 of its fighters who launched the raids.
  • Clubs and meetings in Tewksbury, the Clintons, High Bridge, Readington, Califon, Bethlehem and High Bridge Saturday, August 28, 2010 @ 7:54AMThe Senior Citizens Of Bethlehem Township meet the first Monday of each month at 12:30 p.m. in the Municipal Building, 405 Mine Road. Membership is based on attaining the age of 55 years. Those eligible are urged to join for the fun and fellowship. For additional information, phone 735-8023.
  • Iran withdraws assets Saturday, August 28, 2010 @ 7:34AMIran has withdrawn assets from European banks in a bid to counter new financial sanctions, reports have said.
  • RP wins silver medal in UK Memory championships Saturday, August 28, 2010 @ 7:17AMPADDINGTON, Central London - Filipino Johann Randall Abrina grabbed a silver medal for the Philippine Team in the just ended 4th UK International Open Memory Championships for winning the speed cards category of the tournament.
  • After years of behind-the-scenes diplomacy, Carter enters spotlight with N. Korea release Saturday, August 28, 2010 @ 7:11AMATLANTA - Jimmy Carter has for years worked behind the scenes to secure the release of political prisoners. But this week he had to do it in person and in the public spotlight, traveling to North Korea to bring an American home.
  • Can Netanyahu Make Peace With the Palestinians? Saturday, August 28, 2010 @ 7:10AMIsraeli prime ministers don’t usually have time for long chats with people outside their circle of advisers and deputies. Yet the day before an important speech last year, Benjamin Netanyahu spent two hours with the novelist Eyal Megged, listening to his ideas and filling several pages with notes.
  • $1mln souvenir non value banknotes fraud busted Saturday, August 28, 2010 @ 7:00AMAbu Dhabi Police have seized an African, a violator of the Residency law, while attempting to con a foreign lady with two souvenir banknotes worth million US dollars, but with no value.