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forex trading News Archive03-Dec-2006
FOREX-Dollar extends fall,hits 20-mth low vs euro (Reuters via Yahoo! Asia News)
TOKYO, Dec 4 (Reuters) - The dollar fell to a fresh 20-month low against the euro on Monday, carrying over its weakness from Friday, when weak U.S. factory data reinforced expectations for Federal Reserve rate cuts next year.
FOREX: Ringgit Opens Higher Against The US Dollar (Bernama)
KUALA LUMPUR, Dec 1 (Bernama) -- The ringgit continued its uptrend in early trading Friday, rising against the US dollar for the third day running to hit a new high in six months.
FOREX-Dollar extends losses after U.S. Nov ISM data (Reuters via Yahoo! Asia News)
NEW YORK, Dec 1 (Reuters) - The dollar extended losses on Friday after a report showed U.S. manufacturing activity contracted in November.
Thin Markets And Disrupted Inauguration Weigh On Mexican Peso (Daily FX)
Currency Trading News, Forex Trading News, FX News, Forex News - Daily FX
Forex - US dollar lower vs yen, euro in Sydney morning after weak ISM survey (Sharewatch)
The Institute for Supply Management\'s index of manufacturing fell to 49.50 in November from 51.2 in October, the first time the survey fell below 50, which indicates a contraction in the manufacturing sector.
China needs new institution to manage part of huge forex reserves - economist (The Forex Market)
BEIJING (XFN-ASIA) - China needs to set up a new institution to manage part of its huge foreign exchange reserves now estimated to be over 1 trln usd, the official Shanghai Securities News reported, citing a state economist.
FOREX-Dollar tumbles after drop in manufacturing index (Reuters via Yahoo! Asia News)
NEW YORK, Dec 1 (Reuters) - The dollar tumbled to its lowest in months against most major currencies on Friday after weak U.S. factory data reinforced expectations the Federal Reserve would cut benchmark interest rates next year.
Forex - US dollar mixed in Singapore afternoon trade as US ISM data awaited (The Forex Market)
SINGAPORE (XFN-ASIA) - The US dollar was mixed in afternoon trading here, rebounding slightly against the yen but losing ground against the euro, as participants positioned themselves in anticipation of the release later today of the results of the US Institute of Supply Management's (ISM's) manufacturing survey for last month, dealers said.
Forex - US dollar lower vs yen, euro in Sydney morning after weak ISM survey (The Forex Market)
SYDNEY (XFN-ASIA) - The US dollar continued to weaken against the yen and euro here following another round of selling in the greenback on Friday after a key survey of US manufacturing activity showed a contraction, dealers said.
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