Archive by Author

Currency exchange ‘making euro destinations more affordable’

Currency exchange rates for sterling are making European destinations more affordable for Britons.
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Weak Dollar Should Give Pound Last Run

Sterling will have one last burst of buying that should send it sailing over $1.60, especially if the dollar remains as weak as it has been.
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Euro slightly higher ahead of US jobs report

The euro is slightly higher against the dollar as investors await a monthly jobs report for indications about the strength of the U.S. economy.
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Forex reserves jump $1.2 bn to 6-month high

Foreign exchange reserves rose by $1.25 billion to their highest since January, during the week ended July 30, largely due to revaluation of non-dollar assets in reserves, according to the Reserve Bank of India (RBI).
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Forex trading down on sterling as industrial output falls

Forex trading on sterling was depressed today (August 6th) as UK industrial output results proved worse than predictions, it has emerged.
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Dollar faces gathering headwinds

Only a few weeks ago, the dollar was powering towards its highest levels in four years, the beneficiary of widespread gloom about Europe’s debt crisis and rising optimism about the US recovery.
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Deutsche Bank to Offer Two Currency ETFs in London

Deutsche Bank AG started two exchange-traded funds linked to its DB Currency Returns Index on the London Stock Exchange, seeking to gain institutional clients looking to invest in currencies.
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What is Forex currency trading is all about?

What is Forex currency trading is all about? Are you really looking for some valuable information or a satisfying answer to this? Do you really want the foundation knowledge about this? Let us have a brief education about what Forex really is.
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Why China’s currency has two names

China has indicated that it will allow its currency to appreciate – following months of pressure from the US. Some refer to the currency as the yuan, others call it the renminbi. Who is right?
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Facebook to launch virtual currency

Facebook is partnering a Malaysian company to sell credits at retail outlets across Asia for the first time, aiming to make it easier for millions of people to purchase virtual goods and play games on the social networking site while boosting revenue for developers.
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