Currency
Home > Currency Trading Information > Currency Trading News

Currency Trading News

  • World Currency Trade Rises 17% to $2.7 Trillion a Day (Update1) Thursday, March 11, 2010 @ 12:58AMMarch 11 (Bloomberg) -- Global currency trading rose to $2.7 trillion a day between April and October, the first growth since the six months to April 2008, the Reserve Bank of Australia said, citing data from five markets.
  • Barclays/Switzerland Thursday, March 11, 2010 @ 12:26AMBarclays is recruiting Swiss franc currency traders to begin trading operations in Switzerland in an attempt to challenge traditional market leaders UBS and Credit Suisse, sources said.
  • Expanding Park Plaza Hotels Extends Agreement for Global Commission Processing with Pegasus for Two Years Wednesday, March 10, 2010 @ 8:25PMSCOTTSDALE, DALLAS and LONDON (March 10, 2010) – Park Plaza Hotels has signed a two-year agreement with Pegasus Solutions for the company’s agent-preferred Global Commission Processing Services . The dynamic hotel group, which operates most of its 35 hotels in Europe under the Park Plaza Hotels & Resorts and art’otel brands, chose a long-term renewal of its current relationship with Pegasus ...
  • Dollar mixed on economic reports, Chinese exports Wednesday, March 10, 2010 @ 8:17PMThe dollar was mixed Wednesday on disappointing U.S. economic reports and a big jump in Chinese exports.
  • Gold fall may indicate an end to “Armageddon” trade Wednesday, March 10, 2010 @ 8:16PMFinancial markets are still in operation 18 months after the big GFC melt-down and it looks like some players are finally starting to exit their so-called Armageddon trades, the primary one which was long Gold. Other trades, which probably seemed like good ideas at the time, were stockpiling copper and other commodities.
  • US stocks gain on financial firms Wednesday, March 10, 2010 @ 8:15PMNew York, March 11: Major stock indices closed higher Wednesday amid gathering optimism about the US economy, with shares of financial firms leading the stock market.
  • (AFX UK Focus) 2010-03-11 00:43 Taiwan stocks - Factors to watch - March 11 Wednesday, March 10, 2010 @ 8:13PMTAIPEI, March 11 (Reuters) - Here are news stories and press reports that may affect the Taiwan stock market on Thursday.
  • Bank shares rally, oil hits eight-week high Wednesday, March 10, 2010 @ 8:11PMNEW YORK, Mar 11 (Reuters) Financial firms led U.S. and European stock markets higher on Wednesday, with U.S. bank shares hitting a 16-month peak, while gyrating crude oil prices ended the day at an eight-week high.
  • Candax Receives Shareholder Approval in Respect of Private Placement with Geofinance NV Wednesday, March 10, 2010 @ 8:11PMTORONTO, ONTARIO--(Marketwire - March 10, 2010) -
  • Britain confronts debt of Greek proportions Wednesday, March 10, 2010 @ 8:06PMGovernment debt is growing, as is the deficit. The economy is struggling to get out of recession and there is talk of spending cuts or higher taxes. The unions are on edge. And the currency is plummeting.
  • Scandal-plagued Citic Pacific books 2009 profit Wednesday, March 10, 2010 @ 8:01PMHONG KONG - Citic Pacific climbed back into the black last year, the scandal-plagued investment firm said Wednesday, after suffering massive losses from unauthorised currency trading bets in 2008.
  • EU to tackle speculators amid Greek fiscal crisis Wednesday, March 10, 2010 @ 8:00PMThe European Commission will crack down on speculative trading blamed for aggravating the Greek debt crisis. "The commission has been actively working with euro area member states to design a mechanism which Greece could use in case of need," European Commission chief Jose Manuel Barroso said Tuesday in Strasbourg, France. He also indicated the commission was planning a European monetary fund ...
  • Europe to argue for bluefin tuna trade ban Wednesday, March 10, 2010 @ 2:49PMThe king of Japanese sushi and sashimi may disappear from menus after Europe joined the United States on Wednesday in arguing for a ban on trade in Atlantic bluefin tuna.
  • Canada Dollar Trades Near Five-Month High on Growth Outlook Wednesday, March 10, 2010 @ 2:49PMMarch 10 (Bloomberg) -- Canada’s dollar traded near its strongest level in almost five months as investors bet the nation’s economy will be among the strongest during the global recovery.
  • European stocks edge ahead in cautious trading Wednesday, March 10, 2010 @ 2:49PMAFP/London Europe’s leading stock markets nudged higher yesterday in cautious trading, as market players digested the latest batch of company results and awaited key US economic data later this week.
  • Canada Dollar Trades Near Five-Month High on Growth Outlook Wednesday, March 10, 2010 @ 2:44PMMarch 10 (Bloomberg) -- Canada’s dollar traded near its strongest level in almost five months as investors bet the nation’s economy will be among the strongest during the recovery.
  • Ukraine's leading English-language newspaper since 1995 Wednesday, March 10, 2010 @ 2:22PMThe hryvnia on Ukraine's interbank forex market slightly slid to UAH 7.9800 per U.S. dollar on Wednesday from UAH 7.9775 per U.S. dollar as of the end of trading on Tuesday.
  • The Next Greece? Britain Faces Mounting Debt Crisis Wednesday, March 10, 2010 @ 2:14PMBritan's debt to GDP ratio is forecast to reach 82 percent this year, almost double the level two years ago - albeit well shy of the 123 percent in Greece.
  • (AFX UK Focus) 2010-03-10 19:06 UPDATE 4-Brown-Forman profit beats; economic concerns weigh Wednesday, March 10, 2010 @ 2:11PMBy Martinne Geller
  • 10 March 2010 Wednesday, March 10, 2010 @ 8:30AMGold prices are modestly higher in early trading Wednesday, on some short covering and a corrective bounce from losses absorbed earlier this week.
  • ICE Futures U.S. Announces May 3 Introduction of Russell 1000 Growth and Russell 1000 Value Indexes Wednesday, March 10, 2010 @ 8:30AMICE Futures U.S., a leading regulated U.S. futures exchange for global agricultural, equity index and currency markets, today announced the introduction of two new futures contracts based on Russell Investments' industry-leading U.S. stock indexes.  The Russell 1000® Growth and Russell 1000® Value Index futures contracts will begin trading on May 3, 2010.
  • DGAP-News: Newedge Starts OTC Interest Rate Swap Product Clearing With International Derivatives Clearinghouse Wednesday, March 10, 2010 @ 8:25AMDissemination of a Corporate News, transmitted by DGAP - a company of EquityStory AG. The issuer / publisher is solely responsible for the content of this announcement.
  • Energy & Natural Resources Wednesday, March 10, 2010 @ 8:25AMCompanies are confronted with many business decisions as they consider actions to reduce their greenhouse gas emissions, whether as a result of potential future regulation by federal or state governments or on a voluntary basis for environmental benefits, cost-savings, marketing, or other reasons.
  • The Aussie and the krona make the world go round Wednesday, March 10, 2010 @ 8:15AMA major realignment in world currencies is under way for the medium to longer term.
  • Hedge-Fund Losses Show Euro’s Drop Fails to Benefit All Traders Wednesday, March 10, 2010 @ 8:12AMMarch 10 (Bloomberg) -- Hedge funds that trade currencies are taking hits from politicians casting them as speculators out to sink the euro and push Greece into insolvency. They are also losing money.
  • Citic Pacific books 2009 profit Wednesday, March 10, 2010 @ 4:21AMHONG KONG - CITIC Pacific climbed back into the black last year, the scandal-plagued investment firm said on Wednesday, after suffering massive losses from unauthorised currency trading bets in 2008.
  • Currencies: Dollar rises as German trade data disappoint Wednesday, March 10, 2010 @ 4:15AMThe dollar gets a lift against the euro Wednesday as trade data from Germany come in worse than expected.
  • Strong China trade data make case for firmer yuan Wednesday, March 10, 2010 @ 3:50AMBEIJING (Reuters) - Chinese exports and imports grew faster than expected in February, underlining the momentum behind the world's third-largest economy and reinforcing the case for a rise in the yuan...
  • China export rebound continues Wednesday, March 10, 2010 @ 3:28AMChina's exports surged ahead in February, in an indication of revived global demand in the wake of the global financial crisis. According to Chinese customs data released on Wednesday exports were up 45.7 per cent over a year earlier, the fastest growth in three years.
  • China exports rebound extends into February Wednesday, March 10, 2010 @ 3:12AMChina said Wednesday its exports soared for the third straight month in February and at their fastest pace in three years, which analysts said could leave Beijing more open to a stronger yuan.
  • Obama Pledges to Greek Leader U.S. Will Help Tuesday, March 9, 2010 @ 10:02PMPresident Barack Obama stood with Greek Prime Minister George Papandreou on Tuesday and pledged that the United States would work with its ally, even as Greece's enormous debts sparked frenzied trading.
  • Oil Falls a Second Day on Stronger Dollar, U.S. Supply Increase Tuesday, March 9, 2010 @ 10:00PMMarch 10 (Bloomberg) -- Oil fell for a second day as the dollar strengthened and an industry-funded report showed an increase in U.S. crude supplies, fanning concern that demand in the world’s biggest energy user is slow to recover.
  • European Union urges U.S. to join in action against speculators Tuesday, March 9, 2010 @ 9:52PMEuropean officials urged the U.S. to join in a crackdown on speculators who bet against Europe's currency union, warning they might ban some credit default swaps -- opaque financial instruments blamed for worsening the world financial crisis.
  • Oil settles lower, ending brief rally Tuesday, March 9, 2010 @ 9:47PMNEW YORK: Oil prices trimmed some early losses, but still ended lower Tuesday, after rising steadily since the end of last week. Benchmark crude for April delivery lost 38 cents to settle at $81.49 pe...
  • Japanese stocks fall in morning trading Tuesday, March 9, 2010 @ 9:45PMTokyo - Stocks in Tokyo declined in Wednesday morning trading as investors were cautious ahead of announcements of key economic data in China and the United States. The benchmark Nikkei 225 Stock Average lost 8.6 points, or 0.08 per cent, to trade at...
  • FOREX: Ringgit Opens Firmer Against U.S. Dollar Tuesday, March 9, 2010 @ 9:31PMKUALA LUMPUR, March 10 (Bernama) -- The Ringgit opened firmer against the U.S. Dollar and other major currencies in early trading Wednesday, as players continued their buying support on local currency, said dealers.
  • India to create money-laundering database Tuesday, March 9, 2010 @ 8:49PMby Staff Writers New Delhi (UPI) Mar 9, 2009 The Indian government is setting up a centralized database to coordinate intelligence from central security agencies in its battle against money laundering and terrorist funding.
  • Obama: Greece, facing bad days, has US as ally Tuesday, March 9, 2010 @ 8:47PMPresident Barack Obama stood with Greek Prime Minister George Papandreou on Tuesday and pledged that the United States would work with its ally, even as Greece's enormous debts sparked frenzied
  • SunOpta Announces Fourth Quarter and Fiscal 2009 Results Tuesday, March 9, 2010 @ 4:33PMTORONTO -- SunOpta Inc. , a leading global company focused on natural, organic and specialty foods and natural health products, today announced financial results for the fourth quarter and year ended December 31, 2009.
  • NZ dollar edges up before NZ, China trade data Tuesday, March 9, 2010 @ 4:23PMMarch 10 (BusinessWire) – New Zealand’s dollar edged up against most currencies as the euro weakened and traders await local and Chinese trade data and the central bank’s release of its review of interest rates tomorrow.
  • question of the week Tuesday, March 9, 2010 @ 4:20PMLONDON - European stocks eased lower Tuesday and Asia closed flat, as investors stepped back to assess the pace of the global economic recovery in the wake of last week's strong U.S. jobs data and the debt crisis in Greece.
  • ICE Announces April Holiday Trading Schedules Tuesday, March 9, 2010 @ 4:04PMIntercontinentalExchange, Inc. , a leading operator of regulated global futures exchanges, clearing houses and over-the-counter markets, announced the April 2010 holiday trading schedules for ICE Futures U.S., ICE Futures Europe, ICE Futures Canada and ICE Clear Europe CDS.
  • Dollar opens higher on business data Tuesday, March 9, 2010 @ 4:00PMTHE dollar opened higher after a business confidence survey boosted traders' hopes of an interest rate rise in April.
  • Dollar gains as ratings agencies warn on Europe Tuesday, March 9, 2010 @ 11:44AMThe dollar rose Tuesday against the euro and the British pound as credit ratings agencies sounded warnings on Europe. Greek Prime Minister George Papandreou is also scheduled to meet Tuesday with President Barack Obama and the International Monetary Fund in... Barack Obama - George Papandreou - International Monetary Fund - United States - Prime minister
  • Greek PM not looking for aid in meeting with Obama Tuesday, March 9, 2010 @ 11:42AMAhead of a meeting Tuesday with President Barack Obama, Greek Prime Minister George Papandreou said the United States cannot afford to ignore the financial woes of his country and, by extension, Europe.
  • Daily Pfennig 3/9/10: Loose Lips, Sink Ships... Tuesday, March 9, 2010 @ 11:30AMIn This Issue…. * Greek PM stops currency rally... * Will Fed stop mortgage buying program? * Aussie jobs report is strong! * The history of a Pfennig For Your Thoughts...
  • Northrop and EADS exit tanker bid Tuesday, March 9, 2010 @ 4:22AMNorthrop Grumman and its European partner EADS have pulled out of bidding for a $35bn (£23bn) US Air Force air-to-air refuelling tanker contract.The announcement most likely leaves the way clear...
  • Currencies: Aussie gets lift against U.S. dollar from data Tuesday, March 9, 2010 @ 4:15AMThe Australian dollar gets a lift against the U.S. dollar in Asian trading Tuesday, though the greenback was higher against most other major rivals.
  • Severstal Posts Unexpected Loss on Currency, Tax (Update1) Tuesday, March 9, 2010 @ 4:12AMMarch 9 (Bloomberg) -- OAO Severstal , Russia’s biggest steelmaker, posted an unexpected $162 million loss for the fourth quarter after taking charges on deferred tax and the conversion of rubles into dollars.
  • New strategy helps KFH stay in profit Tuesday, March 9, 2010 @ 3:52AMKUWAIT CITY, March 8: Kuwait Finance House Kuwait Finance House ( KFH KFH ), the largest Islamic lender in the country, has triumphed over the dire consequences of the global financial meltdown despite a decline in its net profits in 2009, which amounted to KD118.74 million ($412.7 million), compared to KD156.9 million in 2008, says KFH KFH Chairman and Managing Director Bader Abdul Muhsen Al ...