Search Results for 'FOREX'

Currency market outlook from India Forex

Yesterday S&P downgraded, India`s outlook from stable to negative, making the investors cautious of the local growth story. The downgrade will increase the cost of funding for local companies and adding constrain to growth. The current ac [...]

Posted On : Apr, 26 2012 | Comments : 0

WORLD FOREX: Euro Remains Weak; Focus Turns To US Payrolls

NEW YORK (Dow Jones)--The euro's slide versus major currencies continued Thursday on renewed euro-zone concerns, as the common currency briefly breached the Swiss National Bank's floor for the first time since its September introd [...]

Posted On : Apr, 06 2012 | Comments : 0

WORLD FOREX: Currency Market Takes Breather Ahead Greek Deno...

LONDON (Dow Jones)--The euro and Australian dollar were steadier in European trading Wednesday after a recent run of losses against the dollar and yen, as traders braced for an end-of-week crescendo of news on Greece's long-awaited de [...]

Posted On : Mar, 08 2012 | Comments : 0

FOREX-Risk currencies on defensive on fresh Greece doubts

Risk currencies bounced off multi-week lows but were still seen vulnerable, while the Japanese yen held firm on Wednesday, as doubts over whether Greece can pull together a bond swap deal prompted players to cut exposure to risky assets. [...]

Posted On : Mar, 07 2012 | Comments : 0

WORLD FOREX: Currency Markets Steady, Await News On Greece

LONDON (Dow Jones)--Currency markets were holding steady in tight ranges in European trading Wednesday as participants refrained from placing new bets without firm news of a political deal in Greece that would pave the way for a default-s [...]

Posted On : Feb, 09 2012 | Comments : 0

FOREX-Euro sags, trade cautious as risk events loom

SINGAPORE, Jan 11 (Reuters) - The euro fell against the dollar on Wednesday and floundered near a record low versus the Australian dollar in cautious trade a day ahead of a European Central Bank policy meeting and debt sales from Spain. [...]

Posted On : Jan, 13 2012 | Comments : 0

RBI gets into the act to ease forex woes

The Reserve Bank of India is trying various measures to ease the situation in the currency markets even if it has not aggressively intervened to stabilise the value of the rupee. To prevent arbitrage from currency depreciation, it has [...]

Posted On : Nov, 24 2011 | Comments : 0

Technical outlook on currencies: India Forex

India Forex has come out with its report on currencies EUR/USD: EUR is currently trading at 1.3768 levels. Euro gained vs. the US Dollar as Prime Minister Silvio Ber-lusconi resigned and former European Union competition commissioner take [...]

Posted On : Nov, 14 2011 | Comments : 0

WORLD FOREX: Euro Seesaws As Investors Await Euro-Zone Plan

The euro fluctuated against the dollar Thursday on renewed jitters about the future of European officials' plan to rescue the region from its escalating debt crisis. The common currency was largely a hostage to headlines, moving in [...]

Posted On : Oct, 21 2011 | Comments : 0

FOREX-Euro dips; Aussie climbs on jobs surprise

The euro dipped on Thursday, taking a breather after rallying to a one-month high the previous day, with market players saying the single currency may eke out more gains ahead of a European Union summit next week. The Australian dollar [...]

Posted On : Oct, 13 2011 | Comments : 0

WORLD FOREX: Dollar Hits Near 1-Week High Vs Yen As Stocks G...

Japanese banks and overseas funds pushed the dollar up to a near one-week high against the yen in Asia Thursday, as strong regional share prices dented demand for the safe-haven Japanese currency. Encouraging Australian economic data s [...]

Posted On : Sep, 01 2011 | Comments : 0

WORLD FOREX: Swiss Franc Suffers, Investors Wary Of Central ...

Speculation that Switzerland's central bank could take further measures to weaken the Swiss franc dragged the currency down against its major rivals Friday, while other currencies stabilized after a week of rollercoaster trading. T [...]

Posted On : Aug, 13 2011 | Comments : 0

WORLD FOREX: Euro Suffers Brunt Of Massive High-Yield Curren...

It was the euro, not the dollar, that bore the brunt of Standard & Poor's downgrade of the U.S. credit rating to double-A-plus Monday. Rattled traders ran to the Swiss franc and the yen, abandoning riskier currencies more closely tied [...]

Posted On : Aug, 09 2011 | Comments : 0

WORLD FOREX: Currency Markets Subdued As Euro Reverses Losse...

Currency markets were subdued Monday as investors adopted a more defensive stance and as market participants digested news of International Monetary Fund chief, Dominique Strauss-Kahn's weekend arrest at a crucial point in the euro-zo [...]