China’s vice foreign minister He Yafei on Thursday said his country would like the international currency system to be more diversified in the future. He added that he was not aware that China had requested a debate about global reserve currencies …
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WEDNESDAY PREVIOUS Floating Interbank Rate (Rs/$) n/a 81.39/81.49 Rupee/US $ (kerb market) 81.25/81.35 81.35/81.65 Karachi 100-share index 7,270.72 7,162.18 Gold (Karachi) Rs/10 gm 24,432 24,577 =====CENTRAL BANK AUCTIONS===== Treasury Bills …
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(The story “WORLD FOREX: Dollar Dips On Stocks, Reserve Status Threat,” published at 4:30 p.m. EDT, included an incorrect time reference in the paragraph that listed Wednesday afternoon’s exchange rates. A corrected version follows.). By Riva …
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NEW YORK (Dow Jones)–The dollar declined against the euro Wednesday after another threat to its reserve currency status and as stocks posted gains. Strong stocks encourage risk appetite and send traders out of lower-yielding currencies into assets …
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FXstreet.com (Córdoba) – The Dollar continues to recover against the Euro. EUR/USD tested 1.4200 during the American session but failed to break above. Currently the pair is below 1.4150 losing part of previous gains. On the downside, support lies …
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Forex trading market seasonality is an effect widely studied as a primary mover of major currency pairs, as long-term studies suggest that certain seasonal patterns may be able to predict forex price moves. The month of July has produced some …
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FXstreet.com (Córdoba) – Wall Street ended the day with gains but far from intra-day highs. Also markets in Europe rose gaining more than 2%. During the American session the Dollar fell against the Yen to 96.25. From there USD/JPY rebounded and …
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BUENOS AIRES (Dow Jones)–Argentina’s government has asked the central bank to hand over 4.4 billion Argentine pesos ($1.16 billion) in profits from foreign exchange transactions to help cover the budget shortfall, government officials confirmed …
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BUENOS AIRES (Dow Jones)–Argentina’s government has asked the central bank to hand over 4.4 billion Argentine pesos ($1.16 billion) profits from foreign exchange transactions to help cover the budget shortfall, La Nacion newspaper reported Wednesday …
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FXstreet.com (Córdoba) – Dollar weakened today against EUR, JPY and CHF. USD/CHF fell strong during the American session. The pair broke below 1.0745 and dropped to 1.0700. Current price is 1.0720/25 which is 1,25% below today’s opening price …
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