Archive for October, 2011

The collapse was triggered by Corzine's decision to boost risk-taking, including a $6.3 billion wager with the firm's own money on European government debt. Volcker, a former Federal Reserve chairman who's advising the Obama administration, … See all stories on this topic »

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MF Global Exposes Prop-Trading Risk That Volcker Wants to Curb

The collapse was triggered by Corzine's decision to boost risk-taking, including a $6.3 billion wager with the firm's own money on European government debt. Volcker, a former Federal Reserve chairman who's advising the Obama administration, … See all stories on this topic »

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MF Global Exposes Prop-Trading Risk That Volcker Wants to Curb

By Patrick Avenell Declining overseas currencies and fierce retail competition have been blamed for a 3.8 per cent drop in global Harvey Norman sales, excluding Singapore. For the period 1 July 2011 to 30 September 2011, sales in Australia, … See all stories on this topic »

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Currency exchange and extreme competition blamed for Harvey Norman profit dip

Argentina increased control of foreign exchange on Monday, requiring all dollar purchases to get approval from tax authorities. The move, coming only days after President Cristina Fernandez' Oct. 23rd commanding re-election and an order that exporters … See all stories on this topic »

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EMERGING MARKETS-LatAm currencies slide on yen intervention

By Sandrine Rastello Oct. 31 (Bloomberg) — The International Monetary Fund, facing “dissatisfaction” about how it assesses countries' exchange rates, agreed to better take into account other data such as capital flows when reviewing member nations' … See all stories on this topic »

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IMF Faces Discontent on Currency Appraisals, Changes Method

The Swiss currency has weakened since Sept. 6, when the Swiss National Bank imposed a ceiling of 1.20 per euro and resumed purchases of foreign exchange . “Once the yen started printing new highs, the chance of intervention was there,” said Vassili … See all stories on this topic »

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Yen Slides Most in Three Years After Intervention; Dollar Rises

Our primary foreign currency exchange exposures are related to our operating expense base in countries outside the US, where approximately 67% of our employees are located. Foreign currency movements increased our operating expenses by $1.5 million and … See all stories on this topic »

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FactSet Research Systems Inc. Reports Operating Results (10-K)

The fact that it was Canada bank yearend meant trading was somewhat somewhat subdued,” said Blake Jespersen, director of foreign exchange sales at BMO Capital Markets. “But the currency shrugged off the selloff in the equity markets, so that bodes well … See all stories on this topic »

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Canadian dollar ends lower but avoids big stock-market fall

Argentina tightens forex market

Picture: AP Source: AP ARGENTINA has tightened controls on its foreign exchange market to halt capital flight that has seen billions of dollars flow out of the economy recently. rNew requirements to verifiy the source of funds tighten regulation of the … See all stories on this topic »

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Argentina tightens forex market

International markets roundup

In foreign exchange deals, the euro fell to $US1.3927 from $US1.4156 late on Friday. The dollar climbed to 77.99 yen from 75.81 yen on Friday as Japan stepped in to weaken its currency after it hit a fresh post-war high against the US unit of 75.32 yen … See all stories on this topic »

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International markets roundup

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