Search Results for 'US'

US lawmakers target China with new currency bill

US senators unveiled legislation to punish China over its alleged currency manipulation, promising angry American voters to put an end to Beijing's "economic murder" of US jobs. The measure aims to make it harder for the US [...]

Posted On : Sep, 23 2011 | Comments : 0

USE wins 22% of currency derivative market

United Stock Exchange of India, which completed one year of operations on Tuesday, plans to enhance its trading members to 600-650 in next one year against 424 members at present. The exchange received 550 membership applications. At p [...]

Posted On : Sep, 21 2011 | Comments : 0

Currency swings are pushing central banks to razor’s edge

Central bank intervention in currency markets has picked up considerable pace in the last one month. The Swiss National Bank (SNB) started the process by selling euros at 1.20 franc levels after its currency had appreciated by over 15% ag [...]

Posted On : Sep, 17 2011 | Comments : 0

Aussie and NZ dollars softer ahead of Obama, China

The Australian and New Zealand dollars are sitting lower on Friday as investors turn risk wary after the European Central Bank signaled a pause in rate tightening and the Federal Reserve head gave no details on how he might support for th [...]

Posted On : Sep, 12 2011 | Comments : 0

Foreign Exchange Rates : Currency Predictions - GBP, USD, EU...

July’s UK industrial production figure, released earlier today, showed that Britain’s industrial output is in contraction and that this contraction is picking up pace. UK manufacturing data, also released this morning, showed [...]

Posted On : Sep, 08 2011 | Comments : 0

CSL earnings hurt by unfavourable currency rates on high Aus...

GLOBAL plasma therapies supplier CSL said full-year net profit fell 11 per cent after the company suffered a $116 million hit from unfavourable foreign exchange rates. CSL's net profit for the year ended June 30 was $940.6 million, do [...]

Posted On : Aug, 17 2011 | Comments : 0

Foreign Exchange Rates : Currency Predictions - GBP, USD, EU...

POUND STERLING The Pound suffered in early trading today with August's Rightmove house price survey, released last night, showing that UK property sellers dropped their asking prices by a significant amount for the second month in [...]

Posted On : Aug, 16 2011 | Comments : 0

Minors caught pushing fake notes are from Malda: cops

Five minors from West Bengal held last week and from whom fake currency notes were seized have told police they are from Malda district, a known transit point for fake currency smuggled into India from Bangladesh, investigators r [...]

Posted On : Aug, 08 2011 | Comments : 0

Dollar Climbs Versus Most Peers as Risk Appetite Ebbs on Eco...

The dollar rallied versus 15 of its 16 most-traded counterparts as concern the world’s largest economy is stalling and Europe’s debt crisis is worsening damped demand for higher-risk assets. Standard & Poor's cut the natio [...]

Posted On : Aug, 06 2011 | Comments : 0

Australian Retail Sales Shrink, Hitting Currency

Gloom in Australia's retail sector deepened in June with sales falling unexpectedly, with the outcome further eroding support for the Australian dollar, which touched its lowest levels since mid-July. Australian retail sales fell 0 [...]

Posted On : Aug, 03 2011 | Comments : 0

Yen Is Near Four-Month High Versus Dollar on U.S. Debt Talk,...

The yen was about 0.4 percent from a four-month high against the dollar as concern that the U.S. and Europe will struggle to contain their debt spurred demand for Japan’s currency as a refuge. The yen climbed against 14 of its 16 ma [...]

Posted On : Jul, 28 2011 | Comments : 0

Dollar seen losing global reserve status

The US dollar will lose its status as the global reserve currency over the next 25 years, according to a survey of central bank reserve managers who collectively control more than $8,000bn. More than half the managers, who were polled by [...]

Posted On : Jun, 28 2011 | Comments : 0

US currency: Doubts cast on strength of dollar bounce

The dollar has experienced a small rebound in recent months as concerns over the European debt crisis and a volatile commodity market drove investors into haven asset classes. Worries about the US running a double-digit fiscal deficit, [...]

Posted On : Jun, 17 2011 | Comments : 0

Foreign Exchange Update : GBP USD Rate Up Following Poor US ...

The Pound Dollar exchange rate (GBP USD) is 1.6440. The Pound Euro exchange rate (GBP EUR) is 1.1231. The Pound Australian Dollar exchange rate (GBP AUD) is 1.5306. Friday’s highly disappointing US Non-Farm Payrolls figure for Ma [...]