Archive for August, 2011

4 in the foreign exchange market for the first time since March to slow its gains, selling 4.51 trillion yen ($59 billion), the Ministry of Finance said on its website today in Tokyo. Noda, who served as outgoing Prime Minister Naoto Kan's finance … See all stories on this topic »

Original post:
Noda Should Encourage Companies To Benefit From Yen's Rise, Gyohten Says

The two didn't discuss foreign exchange intervention or currencies, Noda told reporters. “Japan will step in again when necessary and they are waiting for the right timing,” Masafumi Yamamoto, chief currency strategist at Barclays Bank Plc, … See all stories on this topic »

Excerpt from:
Japan's Incoming Leader Noda Oversaw Biggest Yen Intervention Since 2004

By Anusha Shrivastava NEW YORK -(Dow Jones)- The Swiss franc stormed ahead by more than 2% against the dollar and euro Wednesday, as expectations declined that the Swiss National Bank will intervene to rein in its currency. … See all stories on this topic »

Read the original:
WORLD FOREX:Swiss Franc Marches On, Strengthens More Than 2%

Canadian Forex Review: C$ Sees Little Change

Winnipeg -, Aug 31, 2011 (Commodity News Service Canada, Inc. via COMTEX) — The Canadian dollar was slightly weaker Wednesday, following data that showed the country's economy declined for the first time in two years, analysts said. … See all stories on this topic »

More here:
Canadian Forex Review: C$ Sees Little Change

FXstreet.com (Barcelona) – The recovery in AUD/USD following the sharp sell-off from 1.10 to below parity earlier in August appears to be running out of steam, according to Brian Dolan, Chief Currency Strategist at FOREX .com. During Wednesday, AUD/USD … See all stories on this topic »

Read the rest here:
Forex: AUD/USD running out of steam – FOREX.com

FXstreet.com (Barcelona) – A fairly stable US Dollar was able to reverse its morning losses and ended changing course once faced with 0.9723 (daily low). The pair pared losses against its neighboring currency, and is presently at 0.9775. … See all stories on this topic »

Read more:
Forex: USD/CAD knocks at 0.9800 door; pullback stalls at 0.9770

Forex: Further weakness expected in USD/JPY

FXstreet.com (California) – USD/JPY finished lower for a second consecutive day on Wednesday, closing the session at 76.64 before trading in range between 76.82 and 76.41 (fresh 8-day low). “With continued bearish threats seen, further weakness is … See all stories on this topic »

See the original post here:
Forex: Further weakness expected in USD/JPY

Excluding an unfavorable $6.4 million foreign currency exchange effect, the net increase in selling, general and administrative expenses would have been $2.1 million, primarily for new store-related expenses. Adjusted EBITDA in the fiscal 2011 second … See all stories on this topic »

Read more from the original source:
Claire's Stores, Inc. Reports Fiscal 2011 Second Quarter Results

“Maybe some solace will be taken on the back of the monthly data,” said Jack Spitz, managing director of foreign exchange at National Bank of Canada, by phone from Toronto. “The Canadian dollar is likely to lag on the crosses,” he said, referring to … See all stories on this topic »

Go here to see the original:
Canadian Currency Drops for First Month Since May on US Economic Outlook

The Dollar Is Still China's Best friend

Since currency appreciation usually attracts more capital inflow in the short run, it has forced the RMB into a vicious circle of “appreciation-more inflow-appreciation.” Yet, China is unlikely to drastically appreciate its currency against the dollar … See all stories on this topic »

More here:
The Dollar Is Still China's Best friend

 Page 1 of 295  1  2  3  4  5 » ...  Last »