He said that banks may have recorded heavy forex gains as a result of gains enjoyed by wider margins on currency conversions through remittances and trade finance activities, and also through revaluation of assets held in foreign currencies. See all stories on this topic » Nation on Sunday
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Forex gains buoy banks
May 19 (Reuters) – Russian Prime Minister Dmitry Medvedev told leaders of the Group of Eight countries on Saturday that Russia would maintain the proportion of its foreign reserves held in euros. “Russian prime minister noted that we are not going to … See all stories on this topic »
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Russia will not cut share of euro in forex reserves
FXstreet.com (Buenos Aires) – Majors are experiencing a strong volatility rush as speculators await Facebook IPO, with the dollar losing momentum across the board, exception made by Australian dollar, that continues under pressure on news resource boom … See all stories on this topic »
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Forex: Rush of volatility across the board EUR/USD up
At the Forex market, the domestic currency in early trade threatened to breach the 55-level as it slumped to 54.91, its fresh all-time low hit in the third straight session, as copious fund outflows continued amid Eurozone worries. See all stories on this topic »
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Roller coaster ride for Re; hits record low but ends 5 paise up
Forex Dominator review and bonus discount for Cecil Robles new system is revealed. A cash bonus, plus iPad's, are being given at ForexVestor.com. Cecil Robles' new Forex Dominator system is receiving many raving reviews as the program has almost sold … See all stories on this topic »
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Forex Dominator Review Plus Discount And iPad Bonus Revealed For New System
Abhishek Goenka, founder CEO of India Forex Advisors, shares his views on the current state of the Indian economy and possible solutions. After the 1991 economic crisis, India emerged as one of the fastest growing economies in the world. See all stories on this topic »
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India growth obstacles internally created: India Forex
Follow me on Twitter @JoelKruger DailyFX provides forex news and technical analysis on the trends that influence the global currency markets.Learn forex trading with a free practice account and trading charts from FXCM. See all stories on this topic »
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Weekly Technical Overview of the Major Currencies and Cross Rates
I expect the RBI to come in with some measures which will pull back the rupee to 54-53.50 levels to the dollar,” said Subramanian Sharma, director at Greenback Forex . The USD/INR settled at 54.42/44 per dollar on Friday compared to Thursday's close of … See all stories on this topic »
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Rupee rebounds after hitting latest record low
By Matthew Walter NEW YORK (Dow Jones)–The dollar weakened against its main rivals for the first time since April as concern about Greece's economic and political crisis subsided, sparking renewed demand for the euro. The ICE Dollar Index, … See all stories on this topic »
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WORLD FOREX:Dollar Snaps Winning Streak As Euro Stabilizes
* Traders position ahead of G8 meeting, but expectations low * Greek politics, Spain bank problems still weigh * Worries on Europe drive support for dollar, yen By Wanfeng Zhou NEW YORK, May 18 (Reuters) – The euro rallied from a four-month low against … See all stories on this topic »
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FOREX-Euro rallies from 4-month low versus dollar
