Foreign Currency Exchange Rates News
- Constellation Brands Reports Q3 Fiscal 2009 Results Wednesday, January 7, 2009 @ 7:30AM Company achieves significant margin improvement
- UPDATE 2-German unemployment rise snaps 3-yr downtrend Wednesday, January 7, 2009 @ 7:09AMBERLIN, Jan 7 (Reuters) - German unemployment rose in December for the first time since February 2006, signalling an end to a three-year labour market boom as the global credit crisis hits companies in Europe's largest economy.
- U.K. Pound Falls Against Euro as Two-Day Gain Judged Excessive Wednesday, January 7, 2009 @ 6:52AMJan. 7 (Bloomberg) -- The U.K. pound fell against the euro as traders judged its biggest-ever two-day gain versus the single currency was excessive given the Bank of England may cut its main interest rate to an all-time low tomorrow to revive the economy.
- Euro Rises as ECB Rates Seen Staying Higher Than U.S., Japan Wednesday, January 7, 2009 @ 6:50AMJan. 7 (Bloomberg) -- The euro rose against the dollar and the yen on speculation the European Central Bank will cut interest rates at a slower pace than its major counterparts.
- Taiwan Cuts Interest Rate After Record Export Decline (Update2) Wednesday, January 7, 2009 @ 6:06AMJan. 7 (Bloomberg) -- Taiwan’s central bank cut its benchmark interest rate for a sixth time since late September after an unprecedented decline in exports threatened to push the economy into recession.
- 2 Montanans, 3 Nevada firms face federal fraud charges Tuesday, January 6, 2009 @ 6:06PMRENO, Nev. (AP) — Two Montana men and three Nevada companies they operated have been indicted by a federal grand jury on charges that they bilked more than 700 investors in a foreign currency exchange investment scam, prosecutors said Tuesday.
- Australia, N.Z. Dollars Rise as Commodities, Stocks Advance Tuesday, January 6, 2009 @ 1:13AMJan. 6 (Bloomberg) -- The Australian dollar touched the highest in more than 2 1/2 months against the greenback and New Zealand’s currency gained as prices increased for commodities that make up more than half the nations’ exports.
- Australia, N.Z. Dollars Rise as Commodities, Stocks Advance Tuesday, January 6, 2009 @ 12:21AMJan. 6 (Bloomberg) -- The Australian dollar rose to the highest in more than 2 1/2 months against the greenback and New Zealand’s currency gained as prices increased for commodities that make up more than half the nations’ exports.
- BANK NEGARA EXCHANGE RATES: JAN 6 Tuesday, January 6, 2009 @ 12:20AMTHE FOLLOWING IS THE BEST QUOTATIONS AVAILABLE FROM COMMERCIAL BANKS IN KUALA LUMPUR AT 11.30 A.M, TODAY, ISSUED BY BANK NEGARA.
- HCM City stocks fall on sluggish trading Monday, January 5, 2009 @ 11:35PMVietNamNet Bridge – The VN-Index yesterday slid 1.43 points, or 0.46 per cent, to close at 311.91, as trading remained sluggish. Volume on the HCM City Stock Exchange was only 7.3 million shares, worth VND190.6 billion (US$11.2 million).
- UPDATE 1-Chinese banks' mortgage books in good shape-c.bank Monday, January 5, 2009 @ 11:07PMBEIJING, Jan 6 (Reuters) - Delinquency rates on Chinese banks' property loans remain low, especially for residential mortgages, in spite of a downturn in the real estate market, a central bank official said on Tuesday.
- Dollar mixed in Asia Monday, January 5, 2009 @ 10:41PMTOKYO, Japan -- The dollar was mixed in subdued Asian trade Tuesday as worries about the worsening US economy offset optimism about President-elect Barack Obama's stimulus plans, dealers said.
- Euro Falls on Speculation Report Will Show Slowing Inflation Monday, January 5, 2009 @ 10:36PMJan. 6 (Bloomberg) -- The euro fell against the yen and traded near a three-week low versus the dollar before European Union data that will probably show slowing inflation, giving the European Central Bank more room to lower interest rates.
- (AFX UK Focus) 2009-01-06 02:50 Nikkei gains as exporters rise, tech shares strong Monday, January 5, 2009 @ 10:14PMBy Elaine Lies
- Dollar rally may fizzle out as US Fed triggers risk appetite Monday, January 5, 2009 @ 4:21PMThe dollar, yen and Swiss franc may weaken this year against 2008’s biggest losers in the currency markets as the global economy starts to recover, the largest foreign-exchange strategists and investors say.
- AmerisourceBergen Announces Date and Time for Fiscal First Quarter Earnings Release Monday, January 5, 2009 @ 4:20PM VALLEY FORGE, Pa.----AmerisourceBergen Corporation today announced that it plans to release its results for the First Quarter of Fiscal Year 2009 on Thursday, January 22, 2009 prior to the opening of trading on the New York Stock Exchange.
- Mosaic Reports Fiscal Year 2009 Second Quarter Results Monday, January 5, 2009 @ 4:15PM The Mosaic Company announced today net earnings of $959.8 million, or $2.15 per diluted share, for the second quarter ended November 30, 2008.
- (AFX UK Focus) 2009-01-05 21:09 HIGHLIGHTS-Hungarian central bank governor's key comments Monday, January 5, 2009 @ 4:14PMBUDAPEST, Jan 5 (Reuters) - National Bank of Hungary Governor Andras Simor said the central bank wants to cut rates as fast as possible because falling inflation and a recession warrant much lower rates, but rate cuts must not upset financial stability. For the interview please double click on Followings are highlights of Simor's interview with Reuters.
- UPDATE:Spain Flash Dec HICP Eases To +1.5%, Lowest In 10 Yrs Monday, January 5, 2009 @ 5:08AM(Adds background, analyst comment.) By Jonathan House Of DOW JONES NEWSWIRES MADRID (Dow Jones)--The Spanish annual inflation rate decelerated sharply in December to its lowest rate in 10 years as international oil prices fell and the country's once-buoyant economy fell into recession.
- Just the facts Monday, January 5, 2009 @ 4:51AMStreet.com Internet Index 2.7% (down 36.2%), and the NASDAQ Telecommunications index 6.0% (down 43%). The Biotechs gained 4.9% (down 17.7%). The Broker/Dealers rallied 12.1% (down 62.7%), and the Banks rose 7.7% (down 50%). With Bullion gaining $6, the HUI Gold index increased 3.5% (down 26.1%).
- Europe had better get used to sterling's fluctuations Monday, January 5, 2009 @ 4:23AMEurope had better get used to sterling's fluctuations
- Yen Falls as Stock Gains, Stimulus Plans Increase Risk Appetite Sunday, January 4, 2009 @ 9:51PMJan. 5 (Bloomberg) -- The yen fell for a fourth day against the dollar on speculation gains in global stocks will give investors confidence to buy higher-yielding assets.
- Korea Won Gains, After Biggest Drop in 2 Months; Bonds Decline Sunday, January 4, 2009 @ 9:42PMJan. 5 (Bloomberg) -- South Korea’s won rose, following the biggest decline in almost two months, as stock gains lured investment from abroad. Bonds fell.
- HK shares open up 2 pct; Lenovo soars Sunday, January 4, 2009 @ 9:22PMHONG KONG, Jan 5 (Reuters) - Hong Kong shares will open 2 percent higher on Monday, with telecom stocks warming up for another day of strong gains amid hopes for the issuance of 3G licences while energy stocks are set to track rising oil prices.
- Korean Won Gains, After Biggest Drop in 9 Weeks, as Shares Rise Sunday, January 4, 2009 @ 8:57PMJan. 5 (Bloomberg) -- South Korea’s won rose, following the biggest decline in nine weeks, as stock gains lured investment from abroad.
- India unveils a second economic stimulus plan Friday, January 2, 2009 @ 4:59PMNEW DELHI: India yesterday eased foreign borrowing by domestic firms and permitted additional liquidity for the non-banking sector to boost flagging growth in Asia’s third-largest economy.
- (AFX UK Focus) 2009-01-02 16:46 INDICATORS - Czech Republic - January 2 Friday, January 2, 2009 @ 12:16PM(last updated on Jan 2 with state budget balance) -------------------------------------------------------------------------------
- Village accepts euro on par with pound Friday, January 2, 2009 @ 10:57AMTraders in a picturesque Somerset village popular with tourists have begun accepting the euro on a par with the pound following the fall in value of sterling.
- Is the Euro the New Dollar? Thursday, January 1, 2009 @ 2:40AMAs it turns 10, Europe's common currency is proving its worth
- The Euro Turns 10 Thursday, January 1, 2009 @ 12:16AMAfter a decade of highs and lows, Europe's single currency is going strong.
- India IPOs Slide 46% as Worst Year for Stock Index Halts Offers Thursday, January 1, 2009 @ 12:06AMJan. 1 (Bloomberg) -- Indian initial share sales slumped 46 percent last year as a record decline in the benchmark index spurred investors to shun stocks and Emaar MGF Ltd. and Jaiprakash Power Ventures Ltd. to cancel offers.
- Cuban-Americans call to end embargo with Communist nation Wednesday, December 31, 2008 @ 10:57PMRaul Galvan of Elm Grove is one of many Cuban exiles waiting to see how the administration of President-elect Barack Obama will affect the Castro government and U.S.-Cuba relations.
- MegaWest Provides Corporate Update and Files Second Quarter Report Wednesday, December 31, 2008 @ 2:17PM MegaWest Energy Corp.,, an independent oil and gas company, specializing in non-conventional oil and gas projects with a focus on North American heavy oil, announced today that it has provided a corporate update to shareholders along with filing its second quarter interim financial statements and management's discussion and analysis on SEDAR's website at www.sedar.com.
- UPDATE 1-Turkish markets in mixed end to dismal year Wednesday, December 31, 2008 @ 10:38AMISTANBUL, Dec 31 (Reuters) - The Turkish lira weakened on Wednesday, having lost a quarter of its value against the dollar in 2008, while shares rose after halving in value this year as the global financial crisis battered sentiment.
- Peso expected to weaken further in 2009 Tuesday, December 30, 2008 @ 12:55PMThe peso, which has fallen 13 percent against the dollar this year, is widely expected to decline further in 2009 due to the impact a worsening global economic downturn will have on foreign investments, exports and overseas remittances.
- U.K. Pound Drops to 98 Pence per Euro a Second Day on Rate Bets Tuesday, December 30, 2008 @ 10:48AMDec. 30 (Bloomberg) -- The pound fell to a record 98 pence per euro for a second day, edging toward parity with the common currency, on speculation the Bank of England will cut interest rates faster than the European Central Bank.
- ANALYSIS-Argentine inflation not top worry but still needles Tuesday, December 30, 2008 @ 10:37AMBUENOS AIRES, Dec 30 (Reuters) - Although inflation worries have lost ground to recession fears since Argentina's booming economy hit the skids several months ago, the problem of rising prices won't vanish next year.
- Cemex Faces Cement Price Drop, Adding to Debt Concern (Update1) Tuesday, December 30, 2008 @ 10:27AMDec. 30 (Bloomberg) -- Cemex SAB faces more price declines next year in the U.S. as lower-cost cement imports erode profit in the Mexican company’s largest market, weighing on efforts to reduce its $16.4 billion debt burden.
- UPDATE 3-Indonesia to announce $1 bln growth package-minister Tuesday, December 30, 2008 @ 7:52AMJAKARTA, Dec 30 (Reuters) - Indonesia will announce a 12.5 trillion rupiah ($1.14 billion) package early next year to help Southeast Asia's biggest economy withstand a slowdown in global economic growth, the finance minister said on Tuesday.
- (AFX UK Focus) 2008-12-30 04:59 Thai Hot Stocks-Index led up by energy firms, banks Tuesday, December 30, 2008 @ 12:29AMBANGKOK, Dec 30 (Reuters) - Thailand's benchmark stock index was up 1.18 percent at 451.97 at 0435 GMT on Tuesday, pushed up on the last trading day of the year by buying interest from long-term investment funds, dealers said.
- Dollar Declines as Israel-Hamas Conflict Pushes Up Oil Prices Tuesday, December 30, 2008 @ 12:20AMDec. 30 (Bloomberg) -- The dollar fell the most in almost two weeks against the euro as the conflict in the Gaza Strip drove up oil prices, adding to concerns the economic slump will deepen in the world’s largest energy-consuming nation.
- Single currency to increase clout Monday, December 29, 2008 @ 1:06AMDubai: A single currency backed by a common econ-omic agenda and a unified monetary policy could make the Gulf a strong regional economic bloc, say economists and financial experts.
- Asian stocks slip, trading limited Sunday, December 28, 2008 @ 11:55PMHONG KONG -- Asian stocks dipped for a second straight day, with bank and financial shares weaker and energy-sensitive shares such as airlines falling on the oil rebound.
- (AFX UK Focus) 2008-12-29 04:22 HK dollar in tight range, interbank rates stable Sunday, December 28, 2008 @ 11:45PMHONG KONG, Dec 29 (Reuters) - The following is a snapshot of the Hong Kong foreign exchange and money markets on Monday. Morning Previous Close At 0317 GMT At 0825 GMT
- GLOBAL MARKETS-S.Koean won hits 2-mth high, Asia stocks slip Sunday, December 28, 2008 @ 11:08PMHONG KONG, Dec 29 (Reuters) - The South Korean won struck a two-month peak on Monday as a slow recovery in investor appetite for risk boosted some Asian currencies, while oil and gold prices surged on the flare-up of violence in the Middle East.
- Pound hits record low vs. euro Sunday, December 28, 2008 @ 10:44PMMon 29 Dec, 2008 03:25
- Capital gains: now is it computed for non-residents? Sunday, December 28, 2008 @ 2:42PMMy client is a non-resident who has acquired, by way of investment, some shares in Indian currency out of the funds brought from abroad. The first proviso to Sec. 48 provides that there is a right for neutralisation for fall in exchange value in ...
- Valiant bid to stem slowdown in economic growth Sunday, December 28, 2008 @ 2:42PMThe government will have to borrow on a large scale to meet the rising expenditure
- Bonds pause ahead of year-end; traders await policy intervention Sunday, December 28, 2008 @ 1:54PMBangalore, Dec. 28 Bonds paused even as traders prepared to book profits ahead of the year-end and most of them took a break for a holiday after facing a tumultuous year.
- Yen Falls for First Time Since October as Japan’s Exports Drop Saturday, December 27, 2008 @ 5:21PMDec. 27 (Bloomberg) -- The yen fell against the dollar for the first time since October as Japan’s exports and industrial output slumped, adding to bets the central bank will pump cash into the economy to prevent the recession from deepening.