forex markets

Global forex market resilient - Australia cenbanker

16 Feb 2009 04:51:20 GMT

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...

Vietnam's forex market to stay frozen for now

24 Dec 2008 02:52:15 GMT

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 ...

S.Korea to intervene marginally in forex market

3 Dec 2008 09:18:44 GMT

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 c.bank says intervening in forex market

20 Nov 2008 10:27:59 GMT

MANILA, Nov 20 - The Philippine central bank said on Thursday it was "providing liquidity" in the currency market to help stabilise the peso as it hovered at two-year lows. "We are in the...

Taiwan c.bank says to maintain orderly forex market

10 Mar 2009 09:45:40 GMT

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 In The Forex Markets

13 Aug 2009 08:11:28 GMT

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.

Taiwan c.bank says to maintain order in forex market

3 Mar 2009 06:17:43 GMT

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....

Japan MOF Shinohara says watching forex moves closely

22 Jan 2009 02:45:32 GMT

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...

Honda CEO: govt should intervene to stem fx swings

6 Nov 2008 08:46:02 GMT

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...

Honda CEO: govt should intervene to stem fx swings

6 Nov 2008 06:03:43 GMT

Don't Lose Sleep Over Forex

6 Oct 2008 06:24:32 GMT

Here is a brief overview of the four forex markets.

Aussie depressed by credit market woes, bonds up

18 Sep 2008 07:16:19 GMT

__________AUSTRALIAN CREDIT/FOREX (0200 GMT) SNAPSHOT__________ FOREIGN EXCHANGE (against previous Sydney close) 0.7885/90 (0.8005/09) 1.1916/30 (1.2048/64) 82.26/30 (84.74/81) 104.36/38(105....

Yuan rebounds as China denies depreciation reports

19 Feb 2009 02:14:55 GMT

SHANGHAI, Feb 18 - The yuan rebounded against the dollar in the spot and offshore forwards markets on Wednesday after the Chinese government denied magazine reports that a senior official saw a possibility of moderate...

UPDATE 1-EU Commission worried over forex, banks in E.Europe

19 Feb 2009 02:05:41 GMT

BRUSSELS, Feb 18 - The European Union voiced concern on Wednesday over the fall of currencies in the bloc's eastern European members outside the euro zone, urging their authorities to avoid statements exacerbating the problem....

Dollar trim gains vs yen and euro, BOJ eyed

19 Feb 2009 01:51:30 GMT

The dollar trimmed gains on Thursday after hitting a six-week high against the yen and a three-month peak versus the euro, but it stayed firm as U.S. efforts to tackle the housing crisis boosted the greenback's safe-haven appeal...

Euro hits fresh 2-陆 month low vs dollar

18 Feb 2009 01:56:16 GMT

The euro hit a fresh 2-陆 month low against the dollar on Wednesday after warnings from ratings agencies fuelled fear that a deep recession in Eastern Europe would cause more damage to European banks...

UPDATE 1-South Korea dismisses talk of FX crisis

17 Feb 2009 06:41:09 GMT

SEOUL, Feb 17 - South Korea on Tuesday dismissed market talk it could plunge into a foreign-exchange crisis in March, saying it could meet demand. "Such concern about foreign-currency liquidity shortages (has been) exaggerated," Vice...

South Korea dismisses talk of March FX crisis

17 Feb 2009 06:40:04 GMT

SEOUL, Feb 17 - South Korea on Tuesday dismissed market talk that the country could plunge into a foreign exchange crisis in March, saying the country had sufficient capability to meet foreign exchange demand. "Such...

Euro falls to 2-mth low vs dlr on rates, risk woes

17 Feb 2009 03:24:26 GMT

The euro fell to its lowest in more than two months against the dollar and tumbled against the yen on Tuesday, with economic headwinds in the euro area and continued risk aversion keeping the single currency under pressure...

WRAPUP 1-ECB reticent as G7 c.banks eye tools beyond rates

16 Feb 2009 03:08:38 GMT

ROME, Feb 15 - Desperate to pull their economies out of recession, Group of Seven central bankers meeting in Rome this weekend exchanged notes on what they can do once interest rates cannot go down...

G7, IMF fret about emerging market finance gaps

16 Feb 2009 02:33:30 GMT

ROME, Feb 15 - The IMF and Group of Seven industrialised countries are worried about growing financing gaps in emerging markets which may send more of the countries to the lender seeking cash. Several officials...

Geithner earns G7 trust, bank plan still to convince

16 Feb 2009 02:24:32 GMT

ROME, Feb 15 - After disappointing markets with a sketchy bank rescue plan, U.S. Treasury Secretary Timothy Geithner came to the Rome this weekend needing to prove to Group of Seven colleagues that he was...

NZ dollar softer on risk aversion; debt steady

16 Feb 2009 02:09:21 GMT

WELLINGTON, Feb 16 - The New Zealand dollar was softer on Monday as fresh gloomy domestic economic data and a fast shrinking Japanese economy kept investors cautious on risk. * Kiwi eases to $0.5211/16...

Japan Q4 GDP -3.3%, biggest qtrly fall since 1974

16 Feb 2009 02:07:54 GMT

TOKYO, Feb 16 - Japan's economy shrank 3.3 percent in the fourth quarter, the biggest drop since 1974 and further confirmation that the world's second-biggest economy is in a severe recession as the global economic...

WRAPUP 1-NZ Q4 retail sales fall, rates seen lower

13 Feb 2009 07:54:31 GMT

* NZ Q4 retail sales volumes down fifth consecutive quarter * January house sales hit record low * Economy seen heading for worst recession on record * Central bank expected to cut rates further WELLINGTON,...

Emerging FX-Asia weaker ahead of G7, won up on cenbank caution

13 Feb 2009 07:01:10 GMT

SINGAPORE, Feb 13 - Asian currencies were mostly weaker on Friday on concerns about the region's economic outlook as exports collapsed, but the South Korean won rose on caution that the central bank may step...

UPDATE 1-NZ Q4 retail sales fall, more rate cuts loom

13 Feb 2009 05:16:03 GMT

WELLINGTON, Feb 13 - New Zealand retail sales fell for the fifth consecutive quarter in the three months to December, reinforcing views the central bank will keep cutting interest rates to shore up the recession-hit...

INSTANT VIEW-NZ retail sales fall in Q4

13 Feb 2009 03:27:53 GMT

WELLINGTON, Feb 13 - New Zealand retail sales fell for the fifth quarter in a row in the three months to December, backing views the recession has deepened and the central bank will keep cutting...

INSTANT VIEW 4-New Zealand retail sales fall in Q4

13 Feb 2009 03:27:37 GMT

WELLINGTON, Feb 13 - New Zealand retail sales fell for the fifth quarter in a row in the three months to December, backing views the recession has deepened and the central bank will keep cutting...

INSTANT VIEW 3-NZ retail sales fall in Q4

13 Feb 2009 03:26:37 GMT

WELLINGTON, Feb 13 - New Zealand retail sales fell for the fifth quarter in a row in the three months to December, backing views the recession has deepened and the central bank will keep cutting...