Archive for October, 2011

Reuters

Japan intervenes in forex market; yen divesMarketWatchSYDNEY (MarketWatch) — Japan sold an undisclosed amount of yen on the foreign-exchange market Monday, sending the US dollar and the euro climbing sharply against the currency. With European leaders finally hammering out a …FOREX-Dollar touches new low on yen, euro holds firmReuters
FOREX-Dollar hits 3-month high on yen as [...]

Analysis: BNY Mellon wrings hands over future of forexBaltimore SunA July 2010 email distributed among BNY Mellon executives reveals it preserved its forex profit margin partly because it was less transparent than rivals. "Another way to say this is that BNY Mellon is late to the transparency space," Bob Near, …BNY forex lawsuit filed in [...]

Reuters UK

FOREX WEEK AHEAD: A Tale Of Two Central BanksWall Street JournalNEW YORK -(Dow Jones)- Both the dollar and euro are vulnerable to monetary policy decisions in the coming week, although the Federal Reserve poses a bigger risk to the greenback than the European Central Bank …Market Focus Shifts to Fed Meeting, Jobs ReportCNBC.com
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Trading Point

FOREX-Euro eases after rally, more short-term gains eyedReutersTOKYO, Oct 28 (Reuters) – The euro came off a seven-week peak on Friday as investors took a breather after a huge relief rally in riskier assets following a deal on Europe's debt crisis, though investors were eyeing more short-term …WORLD FOREX: Euro Surges At Dollar's Expense [...]

Trading Point

FOREX-Euro hits 7 week high as Europe hammers out dealReutersTOKYO, Oct 27 (Reuters) – The euro hit a seven-week high on Thursday after EU leaders and banks reached a deal on a 50 percent writedown for private bondholders on their Greek debt and made progress in other areas crucial to …WORLD FOREX: Euro At [...]

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