SYDNEY, Feb 16 - Turnover in global foreign exchange remains resilient with the market staying liquid in all but the most intense days of the financial crisis, an official at the Reserve Bank of Australia...
HANOI, Dec 23 - Vietnam's tightly-regulated foreign exchange market may have broken down completely with the authorities reluctant to let the currency significantly depreciate but unable to prop it up by intervention. The dong <VND=>...
SEOUL, Dec 3 - South Korean authorities would make only make marginal interventions in the foreign exchange market due to a rapid depletion of the country's foreign currency reserves, a top government official said on...
MANILA, Nov 20 - The Philippine central bank said on Thursday it was "providing liquidity" in the currency market to help stabilise the peso <PHP=> as it hovered at two-year lows. "We are in the...
TAIPEI, March 10 - Taiwan's central bank said that the Taiwan dollar was relatively stable compared with other regional currencies, but that it would enter forex markets to maintain order during irregularities. It made the...
Price shading is a practice used by forex brokers when they think that the price of a particular currency is on a rising trend. In this case, the broker may choose to add a pip or two to the currency quote.
TAIPEI, March 3 - Taiwan's central bank will ensure an orderly foreign exchange market if irregularities arise, the governor said on Tuesday, after the Taiwan dollar hit a 22-year closing low in the previous session....
TOKYO, Jan 22 - Japan's top currency bureaucrat, Naoyuki Shinohara, said on Thursday he was carefully monitoring foreign exchange markets, after the yen hit a 13-year high against the dollar. "I am watching market moves...
TOKYO, Nov 6 - Honda Motor Co Chief Executive Takeo Fukui said on Thursday Japanese authorities should intervene in the currency market to prevent wild fluctuations in the yen. "We can't do business when forex...
TOKYO, Nov 6 - Honda Motor Co Chief Executive Takeo Fukui said on Thursday Japanese authorities should intervene in the currency market to prevent wild fluctuations in the yen. "We can't do business when forex...