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forex trading News Archive10-Nov-2006
Reserve shift taps forex, emerging markets: China (Reuters via Yahoo! News)
China will diversify its $1 trillion foreign exchange reserves, the largest in the world, across different currencies and investment instruments, including in emerging markets, Chinese central bank governor Zhou Xiaochuan said on Friday.
Forex - US dollar lower in Sydney morning trade as Chinese reserves weigh (The Forex Market)
SYDNEY (XFN-ASIA) - The US dollar was weaker against the yen and euro in morning trading here, following a large sell-off in the greenback overnight -- predominantly against the euro -- on speculation that China really means to diversify its nearly 1 trillion usd in dollar reserves, dealers said.
Veteran Trader Reveals Secrets to Generating a Five Figure Income Trading the Forex Market Using a New and Unusual (PR Web)
After years of profitable trading, a seasoned Forex trader finally reveals his unique trading systems based on an unusual yet effective trading strategy. In an all new eBook, he unveils strikingly fresh trading methods suitable for beginners and pros seeking to earn a large income from this exciting market. (PRWeb Nov 7, 2006) Trackback URI:
FOREX-Dollar slides to 2-1/2-mo low vs euro, China weighs (Reuters via Yahoo! Asia News)
NEW YORK, Nov 10 (Reuters) - The dollar weakened on Friday, hitting a 2-1/2-month low against the euro and an 18-month trough versus sterling, weighed down by concerns that China planned to diversify its estimated $1 trillion in foreign exchange reserves.
Forex - US softer in Singapore afternoon trade as focus shifts to US trade data (The Forex Market)
SINGAPORE (XFN-ASIA) - The US dollar was softer against the yen and euro in afternoon trading here as the market's focus shifted away from the outcome of the US Congressional elections to the release later today of the US international trade figures, dealers said.
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