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forex trading News Archive25-Nov-2006
FOREX-Dollar slides to 1-1/2-year low vs euro (Reuters via Yahoo! Asia News)
NEW YORK, Nov 24 (Reuters) - The dollar fell sharply 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.
South African Rand Supported By Gold Contracts (Daily FX)
Currency Trading News, forex Trading News, FX News, forex News - Daily FX
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 - US dollar remains under pressure in thin Singapore afternoon trade (The Forex Market)
SINGAPORE (XFN-ASIA) - The US dollar remained under pressure in afternoon trade here, ending the day near its weakest levels against the euro and yen, although overall trading ranges were fairly narrow, dealers said.
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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