It is announced today that CNBC Arabiya has signed the deal to be the Official Broadcaster for The Middle East forex Trading Expo on 1-2 March 2007 at the Dusit Dubai Hotel.
SINGAPORE (XFN-ASIA) - The US dollar and the euro headed higher against the yen in afternoon trading here, the Japanese currency still feeling the ill-effects of Thursday's decision by the Bank of Japan to keep interest rates on hold, dealers said.
How does the foreign-exchange market trade 24 hours a day? The forex market is the largest financial market in the world, trading around $1.5 trillion each day.
SYDNEY (XFN-ASIA) - The US dollar was trading firmer against major currencies adding to gains overnight on views that the Federal Reserve Board is a long way off considering a rate cut, dealers said.
State Street (NYSE:SBZ), one of the world's largest financial services groups, has stepped-up its efforts to attract more business from hedge funds and other active traders by buying Currenex, an online foreign exchange trading platform, for $564m in cash.
