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Foreign exchange trading hits record levels
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( FT ) -- trading has surged to record levels 2010, even as the foreign exchange market becomes increasingly concentrated among a smaller number of banks and trading centres
Global currency trading soars to $4 trillion a day
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FRANKFURT (MarketWatch) -- trading volume has soared to $4 trillion a day, according to data released by the Bank for International Settlements. Global foreign-exchange market turnover was 20% higher April 2010 than April 2007, average daily turnover of $4.0 trillion compared to $3.3 trillion, the data showed. The increase was fuelled by the 48% growth turnover of spot ..
Currency Trading Reaches $4 Trillion a Day, BIS Says
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Foreign-exchange trading rose to $4 trillion a day on average even as growth the market slowed the three years through April, a Bank for International Settlements survey showed
Currency trading hits $4tn a day
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A three-year report dealing shows rapid growth trading, the majority of trades happening London
Currency-Trading Growth Slowed Amid Crisis, BIS Says
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Growth foreign-exchange trading slowed the three years through April as heightened price swings after the credit markets seized up lowered the appetite for risk, a Bank for International Settlements survey showed
BM&FBovespa Cuts Fees to Boost Spot Currency Trading, Goldenstein Says
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BM&FBovespa SA, the world?s third- biggest exchange by market value, cut fees by 55 percent on spot trading to lure business currently being done over the counter, said fixed income and foreign exchange director Sergio Goldenstein an interview
Canada's Currency Trading Volume Falls for 1st Time Since 1983, BIS Says
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Canadian foreign-exchange trading declined year for the first time central banks began a tri-annual survey 1983, according to the Bank of Canada
Singapore Mercantile Exchange goes live
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Singapore Mercantile Exchange, a pan-Asian multi-product commodity and derivatives exchange, went live on Tuesday. The exchange commenced trading four futures contract - Brent crude oil, West Texas Intermediate crude oil, gold and euro/US dollar
Ethiopia Devalues Its Birr Currency 17% Against Dollar, Central Bank Says
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Ethiopia devalued , the birr, by 17 percent against the dollar, the third such move the past 14 months, according to the National Bank of Ethiopia
Dollar and precious metals at a glance
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NEW YORK (AP) -- Key exchange rates Wednesday, compared late Tuesday New York: Dollar vs:Exchange Rate Pvs Day Yen84.46 84.07 Euro $1.2798 $1.2665 Pound $1.5446 $1.5335 Swiss franc 1.0160 1.0164 Canadian dollar 1.0525 1.0672 Mexican peso 13.0440 13.2500 MetalPrice (troy oz.) Pvs Day NY Merc Gold $1246.30 $1248.30 NY HSBC Bank US $1245.00 $1248.00 NY Merc Silver $19.359 $19.398..
Analysis: Dollar becomes funding currency as yields tumble - Reuters
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stv.tv
Analysis: Dollar becomes funding as yields tumble
Reuters
NEW YORK (Reuters) - The dollar quickly becoming a funding for purchases of higher yielding assets as US Treasury yields
WORLD FOREX: Dollar Up Broadly On Dovish ECB, Growth Worries
Wall Street Journal
Swiss Tourism Suffers as Franc Value Rises
New York Times (blog)
FXWRAP: Euro Hits 5 Week Low vs Dlr, Recovers Slightly
IMarketnews.com
San Francisco Chronicle -The Associated Press -Bloomberg
all 332 news articles »
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Two men charged counterfeit currency scheme - NorthJersey.com
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Two men charged counterfeit scheme
NorthJersey.com
Randy Reed, 50, of Paterson and Michael Moore, 45, of Passaic are suspected of passing counterfeit through businesses Glen Rock, New Milford,
and more »
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China 'to consider more currency trades' - Corporate FX
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The Business Insider
China 'to consider more trades'
Corporate FX
The ringgit the sixth to be traded via the CFETS and now listed alongside the US dollar, Hong Kong dollar, euro, sterling and yen.
China Slowly Diversifies Its Forex Holdings
Wall Street Journal
HSBC China Becomes First Foreign Bank Market Maker To Trade RMB And Ringgit
Bernama
China's : Wiggle it. Just a little bit
The Economist
Economic Times -The Associated Press -China Knowledge Online
all 166 news articles »
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