Archive for July 21st, 2009

Currency Pair Overview Futures Need To Push Spot Forex Higher 0
Seeking Alpha
Overall, the forex market moved hand in hand with the S&P futures during the US session. The major pairs surged during the US open, as the S&P futures
Forex Daily AnalysisForex Hound
Currency Pair Overview Majors Trading Near The Low Of The SessionForex Pros
Gold Rises to Over $953 an OunceForexyard
Forex Hound -Forex Pros -Forex Pros
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Emirates Business 24/7
WORLD FOREX: Euro Changes Gear, Ends Lower Against Dollar
Wall Street Journal
TORONTO (Dow Jones)–The euro reached its highest level in seven weeks earlier Tuesday and then retreated to end lower
Forex trends: yen hits 4-day high against dollarEcommerce Journal
Today's Forex Market OutlookFXstreet.com The Foreign Exchange Market
FOREX-Dollar slips on risk appetite, near 7-wk lw vs euroForbes
Forbes -Forbes -Forbes
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Trust in Northern Trust?
Forbes
Citigroup analyst Greg Ketron rates the stock a "hold" and writes that he expects to see lower fees from securities lending and currency trading this

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| EXCHANGE RATE
Ceylon Daily News
(1) The average rates of the following currencies quoted by commercial banks in Colombo. Currency Buying Rate Selling Rate US Dollar 114.18 115.69 Sterling

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RTT News
How is the US able to spend so much more than its Income? 0 comments
Seeking Alpha
Hence most of rest of the world holds US dollars. Holding US dollar in terms of currency notes don't give any returns, so they are used to buy US Treasury
Tracking Correlations Between Equities, Commodities, and CurrenciesFXstreet.com The Foreign Exchange Market
What is your Base Currency?Sovereign Society
Has oil replaced gold as the best 'anti-dollar' hedge against Investors Chronicle

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FBD: Brazil importing more wheat from US thanks to low exchange rate
FoodBizDaily.com (press release)
Still in a simulation made with an exchange rate of R$1,98 and adding fees and freight costs to it, the commodity can reach mills at about R$500 per tonne.

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Brazil central bank calls auction to buy dollars
Reuters
SAO PAULO, July 21 (Reuters) – Brazil's central bank offered to buy US dollars on the spot foreign exchange market on Tuesday as part of an ongoing effort

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FinFacts Ireland
Chinese PM: To Use Forex Reserves To Help Buy Cos Overseas -FT
Wall Street Journal
Chinese Prime Minister Wen Jiabao says China will use its foreign exchange reserves to support and accelerate overseas expansions and acquisitions by
China to Ramp Up Overseas Acquisitions and Deploy Forex ReservesDaily FX
Forex funds to fuel China purchasesFinancial Times
China to use forex reserves to boost overseas tradeCommodity Online

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TCS to halve forex hedging tenure
Hindu Business Line
Henceforth, the duration of TCS' forex contracts will be “not more than a year”, Mr S. Mahalingam, Executive Director and Chief Financial Officer,

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Los Angeles Times
NZ Dollar Falls From Nine-Month High as CIT Deters Higher-Yield Demand
Bloomberg
Its strength “is a point of concern because 64 to 65 percent of world trade is denominated in US dollars,” the nation's Trade Minister Tim Groser said in a
US markets slip, sobered by BernankeUnited Press International
Greenback mixed in Asian tradeBusiness Times (subscription)

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