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forex trading News Archive24-Nov-2006
Forex - Euro climbs above 1.30 usd (The Forex Market)
LONDON - The euro climbed above 1.30 usd after breaking key resistance levels in relatively light trading. The euro was at 1.3065 usd at 8.59 am, up from 1.2970 in Singapore earlier.
China central bank says can use forex swaps as open market tool (The Forex Market)
BEIJING (XFN-ASIA) - The People's Bank of China can use forex swaps as an open market tool, Wu Xiaoling, the central bank's vice governor said. Wu made the comment at a China Academy of Social Sciences conference, but did not provide any further details.
FOREX-Dollar edges lower in thin trading (Reuters via Yahoo! Asia News)
NEW YORK, Nov 21 (Reuters) - The dollar edged lower on Tuesday in light, mostly technical trading in the absence of key U.S. economic data, but traders kept an eye on the yen after it weakened the previous day.
FOREX-Dollar drops to 1-1/2-year low vs euro (Reuters via Yahoo! Asia News)
NEW YORK, Nov 24 (Reuters) - The dollar dropped on Friday, pushing the euro above $1.31 for the first time since April 2005, on concerns about central banks diversifying their reserves and the greenback's narrowing yield advantage over other currencies.
(AFX UK Focus) 2006-11-24 09:18 GMT: Forex - Euro climbs above 1.30 usd (Interactive Investor)
LONDON - The euro climbed above 1.30 usd after breaking key resistance levels in relatively light trading.
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