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forex trading News Archive06-Nov-2006
FOREX-Dollar edges up as markets focus on U.S. elections (Reuters via Yahoo! Asia News)
NEW YORK, Nov 6 (Reuters) - The dollar gained against most major currencies on Monday, extending gains fueled by Friday's solid U.S. jobs report that backed the view the Federal Reserve was unlikely to cut interest rates soon.
FOREX-Dollar firms as markets brace for US elections (Reuters via Yahoo! Asia News)
NEW YORK, Nov 6 (Reuters) - The dollar firmed against most major currencies on Monday, extending gains fueled by last Friday's solid U.S. jobs report that strengthened the view the Federal Reserve was unlikely to cut interest rates soon.
Forex - US dollar little changed in quiet Singapore afternoon trade (The Forex Market)
SINGAPORE (XFN-ASIA) - The US dollar was little changed in quiet afternoon trading here, having recovered earlier in the Asian session from a bout of profit-taking on the gains it made Friday after the release of data showing a fall in the US unemployment rate, dealers said.
Reliance Capital to buy Kuoni's forex trading arm (Yahoo! India News)
MUMBAI (Reuters) - Reliance Capital Ltd. plans to acquire Swiss travel group Kuoni's local foreign exchange trading firm, Travelmate Services (India) Pvt Ltd., for an undisclosed amount.
Forex - US dollar softer in directionless trade after modest gains overnight (The Forex Market)
SYDNEY (XFN-ASIA) - The US dollar was weaker against the yen and euro following mild gains against some major currencies overnight, but trading will likely be rangebound with little key data on tap and caution ahead of the US mid-term elections, dealers said.
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