Currency

Currency Trading News

  • Swiss franc drops to new multi-month low against greenback Wednesday, August 20, 2008 @ 12:44PM(RTTNews) - The Swiss currency weakened to a new multi-month low against the US dollar during New York mid-day trading on Wednesday. The franc also dropped to multi-day lows against the euro, the pound and the yen in the same period.
  • Canada, China grab jackpot on new global Monopoly board Wednesday, August 20, 2008 @ 12:20PM Thanks to a popular vote, Canada and China are the most heavily represented nations in a new global edition of Monopoly being released next week that sees 22 cities up for grabs and offers green-friendly utilities and new forms of transport.
  • HP Rides Out Tough Times to Higher Profits Wednesday, August 20, 2008 @ 12:17PMHP weathered economic turbulence remarkably well in the fiscal third quarter but the technology bellwether faces another big challenge -- stiffer personal-computer competition -- that threatens to slow its steady growth. The Palo Alto, Calif.-based company said Tuesday that its profit for the May-July quarter jumped 14 percent.
  • S&P Picks and Pans: Hewlett-Packard, Analog Devices, BJ's, Suntech, eBay Wednesday, August 20, 2008 @ 12:17PMAnalysts' opinions on stocks in the news Wednesday
  • PRESS RELEASE: Fitch Affirms Croatia At BBB- Wednesday, August 20, 2008 @ 12:16PMFitch Ratings-London-20 August 2008: Fitch Ratings has today affirmed the Republic of Croatia's ratings at Long-term foreign currency Issuer Default (IDR) 'BBB-' (BBB minus), Long-term local currency IDR 'BBB+' and Short-term foreign currency IDR 'F3'.
  • Do The Math: Commodities Are Oversold Wednesday, August 20, 2008 @ 11:53AMFaced with slowing global growth, macro investors began dumping commodities and commodity-related stocks, with small- and mid-cap stocks hurt the most.
  • Three Canadian cities score international Monopoly spots Wednesday, August 20, 2008 @ 11:51AM Vancouver, Montreal and Toronto have scored much-coveted spots on Monopoly's World Edition, Hasbro said in a statement Tuesday evening.
  • US dollar recovers in quiet markets; uptrend intact Wednesday, August 20, 2008 @ 11:50AMNEW YORK - The U.S. dollar resumed its march towards its 2008 peaks against a currency basket on Wednesday, still bolstered by persistent worries about the deteriorating economic prospects in countries outside the United States.
  • Getting a Grip on China Wednesday, August 20, 2008 @ 11:38AMAug 20, a.m. ( USAGOLD ) -- The last time I was in China, in 2006, the economy was positively booming in the run up to the Olympics. There was a sense of prosperity and potential that was palpable. However, one never can quite get a grasp on this country.
  • Euro slightly off 5-day high versus franc Wednesday, August 20, 2008 @ 7:57AM(RTTNews) - The European common currency moved off a little against its Swiss counterpart by 7:50 am ET Wednesday. The euro that rose to a 5-day high of 1.6184 versus the franc around 7:20 am ET is currently trading at 1.6174.
  • HP profit up 14 per cent Wednesday, August 20, 2008 @ 7:31AM Martin Courtney, Computing , Wednesday 20 August 2008 at 11:55:00 Strong sales of notebook PC and services boost coffers HP saw its net earnings rise by 14 per cent to $2bn (£1.1bn) for the financial quarter ended 31st July 2008, with net revenue up by 10 per cent to...
  • Brazil, Mexico, Peru: Latin America Bond, Currency Preview Wednesday, August 20, 2008 @ 7:31AMAug. 20 (Bloomberg) -- The following events and economic reports may influence trading in Latin American local bonds and currencies today. Bond yields and exchange rates are from a previous session.
  • European shares recover slightly Wednesday, August 20, 2008 @ 7:22AMEurope's main stock markets enjoyed modest recoveries early Wednesday as share-price gains for heavyweight mining and energy groups help to lift indices that dived a day earlier, dealers said.
  • Thai baht hits nine-month low Wednesday, August 20, 2008 @ 7:19AMThe Thai baht hit a nine-month low against the dollar Wednesday, trading at 34.15 to the greenback, bank sources said.
  • AP Executive Morning Briefing Wednesday, August 20, 2008 @ 7:14AMThe top business news from The Associated Press for the morning of Wednesday, Aug. 20, 2008: Fannie, Freddie capital raising options uncertain NEW YORK (AP) - As mortgage financiers Fannie Mae and Freddie Mac struggle with continuing credit losses, their ability to raise needed capital is uncertain and, analysts say, is complicated by the possibility of a government bailout of the two ...
  • STOCK PICKS: Top 5 Large-Cap for Aug. 20 Wednesday, August 20, 2008 @ 7:10AMDanaher, Union Pacific, Northern Trust, McDonald's and The TJX Companies make the list.
  • European shares recover slightly Wednesday, August 20, 2008 @ 6:58AMBrokers at Barclays stockbrokers in London. Europe's main stock markets enjoyed modest recoveries as share-price gains for heavyweight mining and energy groups help to lift indices that dived a day earlier
  • Business & Finance Wednesday, August 20, 2008 @ 3:26AMEconomist says large US bank collapse ahead - Reuters The worst of the global financial crisis is yet to come and a large US bank will fail in the next few months as the world's biggest economy hits...
  • Canadian Dollar Ticks Up Against Euro Wednesday, August 20, 2008 @ 3:18AM(RTTNews) - The Canadian dollar gained against the European currency during early trading on Wednesday. At about 2:40 am ET, the loonie hit as high as 1.5649, compared to Tuesday's closing value of 1.5684. The next upside target level for the loonie is seen around 1.552 against the euro.
  • Bank strike seen unlikely to disrupt markets Wednesday, August 20, 2008 @ 3:13AMA strike called for Wednesday by some banking unions protesting consolidation of state-run banks may partly affect banking operations, although the Bombay Stock Exchange said settlements were unlikely to be impacted.
  • Tower Semiconductor Signs Memorandum of Understanding to Significantly Improve Its Balance Sheet and Financial Position Wednesday, August 20, 2008 @ 3:13AM Tower Semiconductor Ltd. , a pure-play independent specialty foundry, today announced that it has signed a memorandum of understanding with its lender banks and with Israel Corporation for the restructuring of the Company's debt, which also includes a commitment by Israel Corp. for an additional investment in the Company.
  • Opinions Wednesday, August 20, 2008 @ 3:11AMThere are, I’m afraid, few more boring policy issues than trade policy; but, as is often the case with such things, trade policy happens to be very important in the making of our national prosperity.
  • MCOT Public Company Limited.2008 Wednesday, August 20, 2008 @ 3:07AMBANGKOK, Aug 20 (TNA) – The Thai baht continued to weaken on Wednesday’s morning trading and broke through a psychological support level to stay at 34.15 to the US dollar, the lowest in 9 months, according to the Kasikorn Research Center.
  • Yen Falls as China Stock Gains Boost Confidence in Carry Trades Wednesday, August 20, 2008 @ 2:50AMAug. 20 (Bloomberg) -- The yen fell against the dollar and euro as gains in Chinese stocks encouraged investors to buy higher-yielding assets funded in the Japanese currency.
  • Accelerating Growth for Care Electronics, Now 33 Per Cent of Doro First Half Year Sales Wednesday, August 20, 2008 @ 2:48AM STOCKHOLM, Sweden----Regulatory News:
  • Reuters Business Summary Wednesday, August 20, 2008 @ 2:38AM LandCap JV to buy Wachovia loans: report - A joint venture created by LandCap Partners is buying $40 million of troubled land and construction loans from Wachovia Corp The Wall Street Journal said. LandCap, a residential-land company headed by real-estate veteran Jeffrey Gault, has created a joint venture that will buy the loans which have a book value of $75 million to $80 ...
  • Asia stocks rebound on hopes for China boost Wednesday, August 20, 2008 @ 2:38AM Most Asian stock markets edged higher on Wednesday, rebounding from a two-year low as Chinese shares surged on hopes for policies from Beijing to jumpstart growth, though many analysts said it was a long shot.
  • HP results top Wall Street targets Tuesday, August 19, 2008 @ 10:18PMWed 20 Aug, 2008 01:54
  • Australian market trades higher, led by resources Tuesday, August 19, 2008 @ 10:17PM(RTTNews) - The Australian stock market was trading higher on Wednesday, as resources stocks rose on stronger commodity prices. The market opened higher, despite a triple-digit loss on the Wall Street overnight following weakness in the financial sector coupled with troubling inflation data.
  • HP results top Wall Street targets Tuesday, August 19, 2008 @ 10:12PMSAN FRANCISCO (Reuters) - Hewlett-Packard results beat Wall Street targets as net profit rose 14 percent, subduing fears that slowing economies and a stronger dollar would weaken the world's biggest computer and printer maker and its rivals.
  • Dollar rises slightly euro in late trading Tuesday, August 19, 2008 @ 9:45PM The dollar rose against the euro late Tuesday night in New York. The 15-nation currency traded at $1.4765, below $1.4768 it bought in late afternoon trading.
  • Japanese market trades lower on Wall Street losses, higher oil Tuesday, August 19, 2008 @ 9:42PM(RTTNews) - The Japanese market was trading slightly lower Wednesday, extending losses for a second consecutive trading session.
  • Experts say Korean won could fall further Tuesday, August 19, 2008 @ 9:28PMThe Korean won could slide further as the dollar rally is expected to be buttressed by other weak major currencies and falling oil prices, experts said yesterday (August 19).
  • Summary Box: HP 3Q profit jumps 14 pct Tuesday, August 19, 2008 @ 9:14PMTHE RESULTS: Hewlett-Packard Co. said Tuesday that its fiscal third-quarter profit jumped 14 percent while sales rose 10 percent _ 5 percent if adjusting for currency fluctuations _ as strong laptop sales and a robust international presence lifted the technology bellwether.
  • New Zealand stock market extends losses Tuesday, August 19, 2008 @ 9:02PM(RTTNews) - The New Zealand stock market was trading lower on Wednesday, following another triple-digit loss overnight on Wall Street. Top stock Telecom slipped to a new 15-year low.
  • Tokyo stocks rise on fall in oil prices, strong US dollar - Summary Monday, August 18, 2008 @ 3:00AMTokyo - Tokyo stocks closed higher Monday on a strong US dollar and a fall in oil prices. The Nikkei 225 Stock Average gained 146.04 points, or 1.12 per cent, to close at 13,165.45. ...
  • Australian, N.Z. Dollars Gain as Fed May Delay Raising Rates Monday, August 18, 2008 @ 2:58AMAug. 18 (Bloomberg) -- The Australian and New Zealand dollars rose on speculation the Federal Reserve will delay raising interest rates, maintaining the South Pacific nations' yield advantage over the U.S.
  • Swiss franc mixed against majors Monday, August 18, 2008 @ 2:13AM(RTTNews) - The Swiss franc showed mixed trend against its major counterparts during early deals on Monday. The franc weakened against the euro, but climbed against the currencies of Britain and US. Against its Japanese counterpart, the Swiss franc recovered the early Asian session losses.
  • Canadian dollar mixed against majors Monday, August 18, 2008 @ 2:01AM(RTTNews) - During early deals on Monday, the Canadian dollar showed mixed trading against its major counterparts. While the Canadian dollar, declined against the euro and the Aussie, it climbed to a 4-day high against its US counterpart.
  • China South Locomotive Jumps 70% In Shanghai Trading Debut Monday, August 18, 2008 @ 1:53AMChina South Locomotive Jumps 70% In Shanghai Trading Debut
  • Abu Dhabi bourse to launch derivatives trade by end-’09 Monday, August 18, 2008 @ 1:53AMDUBAI: The Abu Dhabi Securities Exchange (ADX), will start derivatives trading next year in an effort to keep pace with rival bourses competing for a greater share of regional capital, an official said.
  • Dubai to cut diesel prices again Monday, August 18, 2008 @ 1:52AMAbu Dhabi: Dubai oil retailers - Emirates National Oil Company (Enoc), Emirates Petroleum Products Company (Eppco) and Emarat will cut the diesel price at the pump by 50 fils a gallon as of today, marking their fourth cut in prices in less than a month, company sources told Gulf News on Sunday.
  • US dollar, weak for years, may finally be on the way back up Monday, August 18, 2008 @ 1:49AMLONDON —The buck may be turning into a bull. The US dollar extended its recent rally against major currencies as commodities fell and European and Japanese economies faltered. After sliding for years, the dollar may finally be on the way back up, some analysts argue.
  • Australian market trading higher, pares early losses Sunday, August 17, 2008 @ 10:02PM(RTTNews) - The Australian stock market was trading higher on Monday, despite crude oil and other commodity prices continuing their fall and following a mixed closing on the Wall Street on Friday.
  • Japanese stock market pares initial losses Sunday, August 17, 2008 @ 10:01PM(RTTNews) - The Japanese stock market climbed into positive territory on Monday after opening lower on lingering concerns about the global economy. Financial and exporter stocks led the gainers.
  • China Yuan Official Central Parity Rates For Monday Sunday, August 17, 2008 @ 9:46PMThe daily central parity rate for the yuan versus the U.S. dollar is the weighted average of prices given by market makers. The highest and lowest offers are excluded from the calculation.
  • Dollar Falls Against Yen, Euro Before Housing, Inflation Data Sunday, August 17, 2008 @ 9:46PMAug. 18 (Bloomberg) -- The dollar fell against the yen, snapping a three-day advance, before U.S. government housing and inflation reports this week that may add to speculation the Federal Reserve will delay increasing interest rates.
  • Dollar climbs to highs against euro, pound Sunday, August 17, 2008 @ 9:41PMNEW YORK (AP) -- The dollar has climbed against the euro and pound amid hopeful signals on the U.S. economy, falling oil prices and gloom about the European economic outlook.
  • Dollar hits six-month high versus euro on growth worry, oil Sunday, August 17, 2008 @ 9:36PMTOKYO, Japan -- The dollar rose to a six-month high against the euro on Monday, extending its gains from last week as worries about the euro zone economy stalling and a drop in oil prices bolstered investor confidence in the US currency.
  • South Locomotive jumps 77 pct in Shanghai debut Sunday, August 17, 2008 @ 9:27PM(For an expanded IPO diary, please click )