Foreign Exchange Markets

The Mighty, Messy Power of Europe

How the financial crisis could leave Europe even stronger than America. A June report from a Moscow think tank close to the Kremlin described Europe as weak in the face of Russian might, and last year's U.S. National...

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Big California bank fails, has China branches (Reuters)

Reuters - United Commercial Bank, a big San Francisco bank with branches in China, was closed by state regulators on Friday and its banking operations were acquired by East West Bancorp Inc, also active in both nations.

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Dollar weakness will boost EMs, commodities ahead: HSBC

Published on Sat, Nov 07, 2009 at 16:12 | Updated at Sat, Nov 07, 2009 at 16:46 | Source : CNBC-TV18 In the past month, we have seen fairly decent economic data coming from the United States whether it was GDP, retail sales,...

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13. The first step to moving towards higher income is to let the currency rise

A QUESTION OF BUSINESS By P GUNASEGARAM WHO says we don’t top any lists. We have the dubious distinction of coming out top on The Economist’s ranking of most undervalued currencies among 37 developed and developing countries...

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Chinese Economy Target of International Trade War

The global economic crisis has hit many people hard, affecting people’s daily life in most countries. For China, exports during the past two to three decades have played an increasing role in its economic development,...

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US dollar to continue to weaken in medium term

KUALA LUMPUR: The US dollar will continue to weaken in the medium term as the risk appetite of investors increase with global economies on the mend, said OCBC Bank (M) Bhd head of global treasury Gan Kok Kim.

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Fiscal Overshoot

Nov 07, 2009 (LBO) - The International Monetary Fund (IMF) has approved a 413.4 million US dollar tranche under its stand by loan, despite the government failing to meet a key budget constraint, the lender said. Sri Lanka has a...

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Aussie Likely Moving Higher

The dollar traded mixed on Friday after the US unemployment rate jumped to 10.2% in October and employment dropped a larger-than-expected 190K, raising doubts of the US recovery. The employment situation is indeed bad with...

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U.S. Dollar picks up at end of week amid rising unemployment

NEW YORK, Nov. 7 (Xinhua) -- The U.S. dollar on Friday regained some losses incurred during the past week as the U.S. unemployment rate rose to an unexpected 10.2 percent in October for the first time in 26 years. In New York...

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Follow the money -- and the publicity

The publishers are no doubt delighted with the war of words between David McWilliams and Finance Minister Brian Lenihan. It rose from the somewhat charming picture painted in the book of an exhausted minister battling to rise...

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