Archive for June, 2011

The Guardian (blog)

FOREX-Euro gains, Greek debt issue seen under control for nowReutersLONDON, June 30 – The euro rallied to a three-week high against the dollar on Thursday, swept higher by a wave of stop-loss buying and extending a rally after Greece moved a step closer to securing international aid. …WORLD FOREX: Euro Hits 3-Week High [...]

The Guardian (blog)

FOREX-Euro edges up as Greek austerity vote seen passingReutersIn such a situation dollar/yen benefited from a rise in long-term Treasury yields," said Tohru Sasaki, the head of Japan rates and forex research at JPMorgan Chase Bank in Tokyo. (Additional reporting by Chikafumi Hodo in Tokyo and Ian Chua in Sydney; …WORLD FOREX: Euro [...]

Telegraph.co.uk

FOREX-Euro rises on Greek vote hopes, gains seen limitedReutersNEW YORK, June 28 (Reuters) – The euro rose on Tuesday on optimism Greece would pass a crucial austerity package needed to avert a debt default though further gains looked limited as uncertainty about a long-term solution remained. …WORLD FOREX: Euro Stalls As Greek Lawmakers Debate MeasuresWall [...]

Telegraph.co.uk

FOREX-Short squeeze lifts euro before Greek voteReutersLONDON, June 27 (Reuters) – The euro recovered early losses on Monday as investors covered short positions following broad selling last week, but gains were capped due to concerns about Greece's ability to repay its debt even if passes …WORLD FOREX: Euro Rebounds, But Greece Remains In SpotlightWall Street [...]

India's forex reserves rise by $59 millionTimes of IndiaMUMBAI: India's foreign exchange (forex) reserves rose by $59 million to $310.56 billion for the week ended June 17 due to increase in the value of foreign currency assets even as the value of special drawing rights (SDRs) and reserves with the …and more »

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