MONEY & BANKING (The Hindu)



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MONEY & BANKING (The Hindu)

Forex, FX and the Forex market are some widespread terms you would have heard for the Foreign Exchange market.In fact it is the major economic market in the globe, where currency is vended and purchased liberally.

MONEY & BANKING (The Hindu)

FOREX Rupee closes higher The rupee saw good two-way movement against the dollar on Tuesday and closed higher at 41.08/09, about 25 paise up from Friday’s close of 41.33/34. The rupee tracked the domestic equity market, which saw continued selling by foreign ...

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Forex - Euro firms after ECB hints at Sept rate hike (The Forex Market)

LONDON (Thomson Financial) - The euro firmed after the European Central Bank gave a clear hint that it is still on course to raise borrowing costs next month despite the recent turmoil in the financial markets.

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CME Forex, Financial Estimated Futures Volumes - Aug 21 (The Forex Market)

For today, in contracts.

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UPDATE: Japan's Omi: Didn't Discuss Forex Much With S Korea (The Forex Market)

SEOUL -(Dow Jones)- Japanese Finance Minister Koji Omi said Tuesday that he didn't have extensive currency discussions with his South Korean counterpart, Kwon Okyu.

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Canadian Forex Midday: C$ Softens On Economic Data (The Forex Market)

WINNIPEG -(Dow Jones)- The Canadian dollar was trading at a weaker level versus the U.S. dollar at midday Tuesday. Softer-than-expected economic data helped to weaken the Canadian dollar, market watchers said.

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ECB Gold Reserves -EUR26M, Forex +EUR0.4 In Wk To Aug 17 (The Forex Market)

FRANKFURT (Dow Jones)--The Eurosystem's reserves of gold and gold receivables decreased EUR26 million to EUR172.041 billion in the week ended Aug. 17, the European Central Bank said Tuesday.

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FOREX-Yen up, high-yielders down as nervy mkts shun carry (Reuters via Yahoo! Asia News)

LONDON, Aug 21 (Reuters) - The yen strengthened broadly and high-yielding currencies weakened on Tuesday as continued nervousness in financial markets prompted wary investors to shun carry trades.

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Japan Fin Min: Didn't Discuss Forex Much With S Korea (The Forex Market)

SEOUL -(Dow Jones)- Japanese Finance Minister Koji Omi said Tuesday that he didn't discuss currency issues much with his South Korean counterpart Kwon Okyu.

Read full post here. Copyright (c) 2004 Yahoo! Inc. All rights reserved.

Forex - Pounds weakens as BoE confirms 314 mln stg use of its credit facility (The Forex Market)

LONDON (Thomson Financial) - The pound dropped after the Bank of England confirmed that it lent 314 mln stg from its credit standing facility yesterday.

Read full post here. Copyright (c) 2004 Yahoo! Inc. All rights reserved.

CME Forex, Financial Estimated Futures Volumes - Aug 18 (The Forex Market)

For today, in contracts.

Read full post here. Copyright (c) 2004 Yahoo! Inc. All rights reserved.

MONEY & BANKING (The Hindu)

When you decide to close a position, the deposit sum that you originally made is returned to you and a calculation of your profits or losses is done. This profit or loss is then credited to your account.

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