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Foreign Exchange News from 03 Jul 2008

FOREIGN EXCHANGE

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23:54
03/Jul
2008
ECB rules out policy bias after raising rate | foreign exchange - silobreaker.com; 995 words.
ECB has no bias on future policy moves after it raised interest rates for the first time in over a year yesterday, taking them to 4. Euro steadies against dollar AFPLONDON/TOKYO -- The euro steadied... Read »
23:52
03/Jul
2008
Emerging FX-Peso and won extend losses on inflation concerns | foreign exchange - yahoo.com; 516 words.
The Philippine peso and South Korean won led losses among the weaker Asian currencies on Friday as investors turned wary of intensifying inflationary pressures, negative real yields and growth in the ... Read »
23:50
03/Jul
2008
ADB Kuroda: Inflation "No. 1 Challenge" For Emerging Asia | copyright - fxstreet.com; 1177 words.
ADB Kuroda: Inflation "No. 1 Challenge" For Emerging Asia TOKYO -(Dow Jones)- Inflation is the "number one challenge" facing emerging Asian economies, with soaring food prices raising the specter of m... Read »
23:46
03/Jul
2008
Dollar moves narrowly vs. yen, euro in Tokyo morning deals | currency trading - breitbart.com; 589 words.
Vehicle imports to Japan sag 7.2% in January-June+ China, Taiwan launch direct flights, tourism links+ Gov't to promote efforts to lure int'l conferences to Hokkaido+ Vietnam's students pray for luck ... Read »
23:09
03/Jul
2008
Dollar rebounds against euro on ECB remarks | currency trading - com.cn; 251 words.
Dollar lower as U. private sector employment slides Dollar dips against major currencies Dollar extends loss as U. stocks tumble Dollar stands firm at upper 107 yen level in Tokyo Dollar rises on weak... Read »
23:04
03/Jul
2008
Economic malaise grips Vietnam | foreign exchange - intellasia.net; 545 words.
Given the massive deterioration in Vietnam's net exports, a 7% growth rate this year would imply that real domestic demand surged over 17%. Vietnam's current woes were a result of such fast developmen... Read »
22:16
03/Jul
2008
Record inflation prompts eurozone rate increase | currency trading and forex - guardian.co.uk; 563 words.
July 4, 2008. The European Central Bank raised interest rates in the 15-nation eurozone yesterday for the first time in 13 months to stem soaring inflation, despite mounting political opposition and i... Read »
21:48
03/Jul
2008
Markit and Creditex to launch trade compression platform | foreign exchange - computerbusinessreview.com; 225 words.
This process is the first of its kind and represents an improvement over previous tear-up processes. The platform supports commitments made by major market participants to the Federal Reserve Bank of... Read »
21:24
03/Jul
2008
Japan Government 10-Year Bonds Rise on ECB Comments, Drop in U.S. Payrolls | currency trading - bloomberg.com; 357 words.
Japan's government bonds advanced after comments by the head of the European Central Bank and a decrease in U. payrolls eased speculation that the Bank of Japan will raise interest rates this year. Te... Read »
21:24
03/Jul
2008
Korean Won Set to Gain as Exports Rise, Samsung, Korean Air, SK Energy Say | foreign exchange - bloomberg.com; 678 words.
South Korea's won may gain in the second half of the year, recovering from an 11 percent drop in the first, as rising exports narrow the trade deficit, Samsung Electronics Co. Exports typically rise i... Read »
21:21
03/Jul
2008
FX Research - Dollar Rallies after NFP - How Much Further Can it Rise? | forex - global-view.com; 1064 words.
Euro Collapses as Trichet Proves to be a Big Disappoint British Pound: Economic Data Continues to Worsen Dollar Rallies after NFP - How Much Further Can it Rise? Non-farm payrolls were right in line... Read »
21:21
03/Jul
2008
Forex Market News - Canada dollar slides, ECB comments boost greenback | currency trading - global-view.com; 774 words.
23:47:48 GMT: Forex Market News - Canada dollar slides, ECB comments boost greenback23:46:09 GMT: FX Research - Dollar Rallies after NFP - How Much Further Can it Rise?23:42:18 GMT: FX Blog - Morning ... Read »
21:13
03/Jul
2008
NZD/USD | foreign exchange - tradethenews.com; 270 words.
NZD/USD ] Today 08:56pmNew Zealand Dollar vs US Dollar RBNZ outlook: The overriding sentiment is that it's just a matter of time before the Reserve Bank of New Zealand cuts rates - Nick Bennenbroek at... Read »
21:10
03/Jul
2008
NFL Star Turns to NASCAR | currency trading - marketwatch.com; 1247 words.
0:27 ]. It's nice suddenly you know a lot of good -- to present some". NFL star Randy Moss talks about his latest sports performance - purchasing 50 percent ownership in a NASCAR Craftsman Truck Serie... Read »
20:30
03/Jul
2008
Infratil Trading Halt Lifted On NZSX, Company Looking To Sell Stake In Energy Developments | foreign exchange - ino.com; 527 words.
Greenback hits multi-day high of 1054.05 versus South Korean Won this minute Greenback hits multi-day high of 1054. more Infratil Trading Halt Lifted On NZSX, Company Looking To Sell Stake In Energ... Read »
20:28
03/Jul
2008
Bush's Dollar Drop Maps Loss of US Clout at Final G-8 Summit | foreign exchange - truthout.org; 1057 words.
The value of the dollar has dropped 41 percent against the euro during Bush's term in office. Americans find themselves shouldering debt that will burden this and future generations. Bush went to his ... Read »
20:15
03/Jul
2008
China's booming trust sector attracts M&A frenzy | investment - asianinvestor.net; 568 words.
Trust structures offer foreign firms a new way to access assets in China and are a favoured vehicle for investing in infrastructure and property. Once ridden with fraud and scandal, the Chinese trust... Read »
20:13
03/Jul
2008
Dollar Rallies after NFP - How Much Further Can it Rise? | forex - dailyfx.com; 1191 words.
End of Quarter Flows.Jun 23 - Currency Traders Tread Carefully on Fears that the Fed Will Be Non-Committal.Jun 20 - US Dollar: First Oil Summit, then Fed Meeting.Jun 19 - US Dollar: Unfazed by Mixe... Read »
20:13
03/Jul
2008
Forex in 60 Seconds - NFPs Plunge And The ECB Hikes Yet EURUSD Drops 200 Points | forex - dailyfx.com; 367 words.
Concern Over Global Rates And Growth Stalls The Rebound In Carry . A Sharp Drop In Risk Appetite Cuts A Possible Carry Trade Breakout Short . Carry Trade Rises As Rate Expectations Reinforce Yield Dif... Read »
20:13
03/Jul
2008
Concern Over Global Rates And Growth Stalls The Rebound In Carry | forex trading - dailyfx.com; 1443 words.
Jun 27 - A Sharp Drop In Risk Appetite Cuts A Possible Carry Trade Breakout Short.Jun 20 - Carry Trade Rises As Rate Expectations Reinforce Yield Differentials.Jun 13 - Carry Trade Advance Fails As... Read »
19:47
03/Jul
2008
Tokyo shares outlook - Firmer on Dow's rise, but gains seen limited | stocks shares - forbes-global.com; 673 words.
TOKYO (Thomson Financial) - Japanese shares are expected to open higher on Friday, tracking gains by the Dow and a firm movement of the Nikkei futures contract on overseas markets which are likely to ... Read »
19:39
03/Jul
2008
Japan's Nikkei likely to snap losing streak | currency trading - forbes-global.com; 585 words.
Friday after U. jobs data gave the Dow a lift, with a stronger dollar likely to help exporters such as Canon Inc and high oil prices boosting energy shares. One stock to watch will be NTT DoCoMo Inc (... Read »
19:28
03/Jul
2008
Euro Collapses as Trichet Proves to be a Big Disappoint | forex - ameinfo.com; 1330 words.
Dollar Rallies after NFP - How Much Further Can it Rise? - Euro Collapses as Trichet Proves to be a Big Disappoint - British Pound: Economic Data Continues to Worsen. DailyFX Fundamentals 07-03-08 By ... Read »
19:17
03/Jul
2008
OIL FUTURES: Nymex Oil Ends At Record $145.29/Bbl,Aims Higher | oil energy - cattlenetwork.com; 633 words.
OIL FUTURES: Nymex Oil Ends At Record $145.29/Bbl,Aims Higher>prefix = o ns = "urn:schemas-microsoft-com:office:office" / . (Dow Jones)--Crude oil futures closed above $145 a barrel for the first time... Read »
18:50
03/Jul
2008
Stocks End Mixed on Job | stocks - internetnews.com; 362 words.
Low-Income Americans Slipping on Broadband [July 3, 2008] New research finds overall broadband use spreading, but suggests that economic squeeze might be slowing uptake among certain segments. Meet vi... Read »
18:47
03/Jul
2008
NZ dollar slips against greenback | currency trading and forex - nzx.com; 270 words.
The New Zealand dollar slipped against a rallying greenback overnight, and also dropped to a new seven-year low against the Australian currency.03c at 5pm yesterday, while against the aussie it dipped... Read »
18:46
03/Jul
2008
Canada dollar slides, ECB comments boost greenback | currency trading - globeinvestor.com; 778 words.
By Frank Pingue TORONTO (Reuters) - The Canadian dollar fell versus a stronger U. dollar on Thursday as the European Central Bank struck a less aggressive tone than expected on prospects for interest ... Read »
18:09
03/Jul
2008
Dollar hits 7-year low against Aussie | currency trading and forex - stuff.co.nz; 428 words.
The New Zealand dollar has dropped to a new seven-year low against the Australian currency overnight while also slipping against a rallying greenback.03c at 5pm yesterday, while against the aussie it ... Read »
17:59
03/Jul
2008
Aussie weaker despite US jobs fall | european - businessday.com.au; 349 words.
The Australian dollar opened weaker as a fall in US payrolls failed to deter traders from expecting the US Federal Reserve to raise interest rates in 2008. Overnight, the Australian dollar traded betw... Read »
17:30
03/Jul
2008
Global stocks, dollar rise as bearish sentiment eases | stocks shares - inquirer.net; 1240 words.
2 Digit Result: 18 11 3 Digit: 4 8 9 8 2 4 6 7 9 6 Digit: 3 4 6 3 0 3 SuperLotto 6/49 Winning Numbers: 07 42 30 11 24 49 P 50,099,540. Taking out the guesswork for small business startups. San Mig... Read »
17:29
03/Jul
2008
Stocks End Mixed on Job Losses | stock markets - tech-updates.com; 321 words.
View the Instruction Pipeline with AMD CodeAnalyst Performance Analyzer. Find out whether your code is moving through the pipeline or stalling it out. Compare Prices Corporate Awards Cell Phones On... Read »
17:13
03/Jul
2008
NZ dollar hits seven-year low against aussie | currency trading and forex - odt.co.nz; 271 words.
The New Zealand dollar slipped against a rallying greenback overnight, and also dropped to a new seven-year low against the Australian currency.03c at 5pm yesterday, while against the aussie it dipped... Read »
17:04
03/Jul
2008
2008 Third Quarter Currency Market Forecasts | currency trading and forex - dailyfx.com; 208 words.
The Most Extreme Euro SSI Reading This Year Flags A Possible 1. Non-Farm Payrolls Preview: Will Another Month of Job Losses Hurt the Dollar?. - EURJPY Could Continue to Rise on Hawkish European Centra... Read »
17:04
03/Jul
2008
Canadian Dollar: Could IVEY PMI Trigger a Breakout? | currency trading - dailyfx.com; 874 words.
European, US Markets Face Volatile Day On ECB Rate Decision, US NFPs.Jun 30 - US Dollar: Will US ISM Manufacturing Signal Contraction for the Fifth Consecutive Month?.Jun 27 - EUR/USD: Euro-zone CPI... Read »
17:04
03/Jul
2008
American Airlines cuts 7,000 jobs | stocks - fearlessnews.com; 759 words.
Home. The airline plans to cut nearly 7,000 jobs to offset the pain of rising fuel prices, on top of previously announced capacity reductions.com) -- American Airlines said on Thursday that it plans t... Read »
17:02
03/Jul
2008
Dollar gains with no surprise in US job report | currency trading - forbes-global.com; 382 words.
The dollar climbed Thursday after the government reported that the U. The European Central Bank also raised its benchmark interest rate by a quarter percentage point to 4. Labor Department says employ... Read »
16:48
03/Jul
2008
Trichet Turns Dovish; Traders React By S | currency trading - ibtimes.com; 1026 words.
Global TimeNew York 4:52 pm London 9:52 pm Zurich 10:52 pm Dubai 12:52 am Shanghai 4:52 am Tokyo 5:52 am. EUR/USD: The Euro pulls back on Trichet's comments. GBP/USD - British Pound Dollar, European S... Read »
16:45
03/Jul
2008
Gold Retreats Following ECB Rate Hike | silver - goldseek.com; 1160 words.
Gold Seeker Weekly Wrap-Up: Gold and Silver End Higher on the Week By: Chris Mullen, Gold-Seeker. South African Gold Shares a good place to invest or not? By: Julian D. Gold Retouches Week's Highs... Read »
16:21
03/Jul
2008
ECB Rates | forex - fxstreet.com; 257 words.
As expected ECB lift rates to 4.25%, and we have some initial spikes, that still say no much: as the rate hike was already priced in. The mover today will the Non Farm Payroll employment report toghet... Read »
16:18
03/Jul
2008
GLOBAL MARKETS-Stocks, dollar rise as bearish sentiment eases | stocks shares - forbes-global.com; 1244 words.
Adds U. oil settlement, last New York gold prices) * Oil jumps again to near $146 ahead of long U. weekend * Dollar gains on ECB's soft outlook, mild U. jobs data * Stocks climb as ECB, jobs data ease... Read »
15:57
03/Jul
2008
Canada Afternoon: C$ Ends Lower As USD Rallies Globally | forex - fxstreet.com; 619 words.
19:40 GMT.Canada Afternoon: C$ Ends Lower As USD Rallies Globally TORONTO (Dow Jones)--The Canadian dollar ended lower Thursday, giving way to a forceful global rally for the U. June employment data a... Read »
15:46
03/Jul
2008
Employers cut jobs for 6th straight month; more cuts ahead | economy - mcclatchydc.com; 1054 words.
Is 'rogue' grizzly on loose? Not likely . Employers cut jobs for 6th straight month; more cuts ahead.Q&A | Ask a question about this story or any economic question. WASHINGTON The economy is likely... Read »
15:31
03/Jul
2008
Euro weakens on prospects for eurozone rate stability | currency trading - maktoob.com; 575 words.
The euro weakened against the dollar Thursday, despite a hike in eurozone interest rates, as dealers focused on comments from the head of the European Central Bank suggesting further rate rises were n... Read »
15:16
03/Jul
2008
BIS Panel:Central Bks Should Cooperate More In Global Liquidity | banking - fxstreet.com; 1090 words.
19:15 GMT.BIS Panel:Central Bks Should Cooperate More In Global Liquidity By Natasha Brereton Of DOW JONES NEWSWIRES LONDON -(Dow Jones)- A Bank for International Settlements standing committee recomm... Read »
15:13
03/Jul
2008
Jobs data hurts USD | currency trading - currencynews.co.uk; 473 words.
The US dollar saw declines after a private report showed more job losses in the US in June. A private report from ADP Employer Services said that there were 79,000 fewer jobs in the US last month, a d... Read »
15:12
03/Jul
2008
The closing bell: Stocks up 73 points in short session | stock market - dailybreeze.com; 857 words.
NEW YORK - Wall Street capped a shortened trading week with a mixed finish Thursday after some uneven economic data: news of a contraction in the nation's services sector and a tame reading on employm... Read »
15:07
03/Jul
2008
Montana as a Cultural Classroom | foreign exchange - flatheadbeacon.com; 1249 words.
Whitefish host family Shelle Kuntz, left, and her mother Sylvia Tozer say their final goodbyes to Swedish foreign exchange students Carin Ericsson and Erika Schweitz, right, outside Whitefish Independ... Read »
15:07
03/Jul
2008
Economy sheds 62,000 jobs | stocks - silobreaker.com; 957 words.
Payrolls have now declined in all six months this year for a total . Stocks end abbreviated trading session mixed jobs in June; U.5 percentNEW YORK - Stocks ended a shortened trading session mixed Th... Read »
15:06
03/Jul
2008
European markets rise on Trichet comments - European commentary | forex - rttnews.com; 283 words.
Penn National terminates takeover deal with Fortress, Centerbridge; to buyback up to $200 mln of common stock; guides FY08 - Update 1 . for the first time in three days on Thurday, as banking and ins... Read »
15:01
03/Jul
2008
U.S. commercial banks saw trading revenue rise in first quarter | financial - financialweek.com; 358 words.
Insured U.13 billion in revenue from trading cash and derivative instruments in the first quarter, up from a fourth-quarter loss, but still down 84% from the year-earlier period, reflecting the ongoin... Read »
14:50
03/Jul
2008
ECB raises Eurozone interest rates | currency trading - investmentmarkets.co.uk; 262 words.
Elaine Frei The euro declined in value Thursday after the European Central Bank raised Eurozone interest rates to 4.25 percent but comments from ECB president Jean-Claude Trichet led analysts to beli... Read »
14:32
03/Jul
2008
Paulson In Europe: 'We're All Interrelated' | european - hispanicbusiness.com; 1000 words.
Program Allows Low-Income Latinos to Attend College. Wall Street Plunges on Record High Oil Prices, GM Concerns. travels through Europe this week, he wants to reassure jittery audiences that the Unite... Read »
14:28
03/Jul
2008
Volatile Day on Wall Street Ends Mixed | stock market - foxbusiness.com; 1382 words.
Marriage Penalty Sure, we know some of you are saying the term "marriage penalty" is redundant. In fact, of all the costs associated with getting married (have you seen the cost of a wedding cake late... Read »
14:12
03/Jul
2008
Stocks end mixed following jobs, services | stock market - aol.com; 976 words.
Wall Street capped a shortened trading week with a mixed finish Thursday after some uneven economic data: news of a contraction in the nation's services sector and a tame reading on employment. The Do... Read »
14:03
03/Jul
2008
London shares close higher; banks gain; Wall Street positive UPDATE | stocks shares - forbes-global.com; 1238 words.
Updating with full report) LONDON (Thomson Financial) - Leading shares closed higher, after a volatile session, with banks bouncing from recent weakness and Wall Street gaining, despite disappointing ... Read »
13:55
03/Jul
2008
Midday Market Recap: U.S. Dollar Rallies Despite Troubling Employment Data | forex - economicnews.ca; 333 words.
The U. dollar is making broad-based gains despite a trio of reports showing a deteriorating job market. equities have been choppy but remain in positive territory while the TSX continues its two-day s... Read »
13:55
03/Jul
2008
ECB's Trichet Cites Rising Risks to Stability as Reason for 25bp Rate Hike | currency trading and forex - economicnews.ca; 492 words.
13:15- $7.2M In Quarterly Allowances to Canada's Political Parties 03/07 12:58 - Midday Market Recap: U. Dollar Rallies Despite Troubling Employment Data 03/07 12:36 - ECB's Trichet Echoes Early Morn... Read »
13:46
03/Jul
2008
Dollar gains after ECB meeting, jobs data | currency trading - freerealtime.com; 671 words.
The U. jobs data indicated further economic weakness and official rhetoric out of Europe did not confirm further interest rate hikes. The dollar index (DXY) , which measures the greenback against a b... Read »
13:33
03/Jul
2008
GLOBAL MARKETS-Dire outlook weakens, boosting stocks, dollar | stock market - forbes-global.com; 1286 words.
Recasts with U. markets, changes byline; dateline previous LONDON) * Oil jumps again to near $146 ahead of long U. weekend * Dollar gains on ECB's soft outlook, mild U. jobs data By Herbert Lash NEW Y... Read »
13:29
03/Jul
2008
And the biggest investors in hedge funds are | investment - fiercefinance.com; 258 words.
And the biggest investors in hedge funds are. The churn begins, turnover high for CFOs; end of a brief era? . Tags investments pensions institutions High Net Worth Individuals Hedge Funds Global Custo... Read »
13:20
03/Jul
2008
6 straight months of job losses | oil energy - bankrate.com; 2287 words.
Greg McBride blogs about how the Federal Reserve Board's actions affect the economy and your finances. EasternJobs losses for 6 consecutive months The monthly employment report was released this morni... Read »
13:17
03/Jul
2008
German shares close higher on U.S. macro data, ECB decision | stocks shares - forbes-global.com; 271 words.
FRANKFURT (Thomson Financial) - German shares closed higher as traders pointed to U. labour market data and the interest rate hike by the European Central Bank, which were both largely in line with ma... Read »
13:10
03/Jul
2008
Milan shares close flat, blue chips up on ECB comments, led by Impregilo | stocks shares - forbes-global.com; 204 words.
MILAN (Thomson Financial) - Share prices closed flat while the blue chip index ended higher, supported by European Central Bank president Jean-Claude Trichet's comments on interest rates, and led by I... Read »
13:02
03/Jul
2008
DIW president sees hardly any impact of ECB rate hike UPDATE | stocks shares - forbes-global.com; 372 words.
FRANKFURT (Thomson Financial) - The president of DIW research institute Klaus Zimmermann sees hardly any impact from. 'The interest rate move is very small, it is rather symbolic. In terms of the real... Read »
13:01
03/Jul
2008
Dollar Broadly After U.S. Jobs Data, Trichet Remarks | currency trading - newsmax.com; 705 words.
NEW YORK - The dollar rose Thursday after U. payroll data suggested the job market had not deteriorated as much as many investors had feared while the European Central Bank president struck a less agg... Read »
13:00
03/Jul
2008