October 11, 2007 – 6:40 am
All the imported exchange trading knowledge in the planet is not accepted to help, if not you have the cheek to buy and sell bills and put your assets at risk. As with the bingo “You be in it to win it”. Trust me when I say that the simple task of hitting the buy [...]
With real interest rates in Qatar and the UAE still remaining negative, it is imperative for the Middle East, which has significant non-oil fiscal deficits, to emulate China in gradually reforming the exchange rate regime rather than succumbing to global pressures, according to StandardChartered Bank.Our advice to the (Middle East) region, and to Saudi Arabia [...]
January 26, 2006 – 2:00 pm
June 26th – The dollar has held onto most of the gains from the latter part of last week as the European trading session gets underway. Speculation as to the possibility of the FOMC hiking rates by 50 contractual base points this time around doesnt seem to have been dismissed yet as the Fed tries [...]
November 23, 2005 – 1:59 pm
SINGAPORE, Nov 23 – The dollar extended its decline in Asian trading on Wednesday after minutes from the U.S. Federal Reserve’s Nov. 1 meeting indicated that the Fed could be close to ending its policy-tightening cycle. The dollar had slipped in late New York trading on Tuesday after traders read the minutes to mean that [...]
October 12, 2005 – 1:56 pm
TOKYO, Oct 12 – The dollar extended gains on Wednesday, hitting a 17-month high against the yen on reinforced expectations the Federal Reserve will keep raising U.S. interest rates.The dollar also climbed versus sterling to its highest level since late July and nudged closer to a three-month peak hit against the euro last week. Share [...]
September 29, 2005 – 1:55 pm
Mumbai: Early trade was adversely affected at the Interbank Foreign Exchange market here today due to the nation-wide one day industrial strike after the bulk of bank employees joined a slew of unions to protest the Centre’s privatisation policy. In thin dealing at the Forex spot market, the rupee was quoted at Rs 44.0250/0350 per [...]
September 23, 2005 – 1:48 pm
TOKYO, Aug 23 – The yen clung to solid gains on Tuesday as foreign investors continued their love affair with Japanese stocks, helping to push the Nikkei share average to a fresh four-year high.The Japanese currency has stolen the limelight in a week devoid of major economic data in the United States and with many [...]
