Archive for November 20th, 2009

Canada Afternoon: C$ Ends Lower Amid Subdued Risk Sentiment
Wall Street Journal
Currency trading will likely become increasingly illiquid and subject to exaggerated volatility next week, given Thursday's US market close for Thanksgiving
Canadian Currency Weakens for a Third Day as Stocks, Oil TumbleBloomberg

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Forex: Gold Prices Finish Slightly Higher
ForexTV.com
(RTTNews) – Gold turned modestly higher on Friday, gaining for a sixth straight session, as the US dollar gave back some gains versus the euro.

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Mozambique: Not My Fault, Says Airports Boss
AllAfrica.com
He, and four others, including former Transport Minister Antonio Munguambe, are charged with draining the equivalent of two million US dollars from the

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Stocks Lower at Midday
Briefing.com
In other earnings news, Gap (GPS 21.65, -0.21) met earnings estimates, while JM Smucker (SJM 56.27, +2.79) topped estimates. In currency trading, the Dollar

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Stocks Fall on Stronger Dollar, Weak Techs
msnbc.com
President Barack Obama told Chinese leaders this week the US expects to see progress by next year on making the yuan's exchange rate "more flexible,"

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RIA Novosti
Russia rouble closes at 10-day low on c.bank remarks
Forbes
Against the dollar/euro basket, used by the central bank to guide the exchange rate, the rouble closed at 35.4. Traders said the easing was driven partly by
Russia Ctrl Banker: Russia Mulling Tax On Cross-Border ForexWall Street Journal
Russia rouble sets fresh highs, slowed by c.bankReuters
Another rate cut not unlikely this yearCbonds. Info
Forbes -Forbes -Reuters
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Forexyard
FOREX-Dollar advances as traders trim risk exposure
Reuters
NEW YORK, Nov 20 (Reuters) – The dollar rose for a second straight session on Friday as investors cut exposure to risky assets and
Dollar and Yen gain in forex tradingEconomy News
FOREX-Dollar up, euro hits 2-week low on risk unwindReuters
FOREX-Dollar gains; high-yielders lose shineReuters
Reuters -Reuters
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UPDATE 1-US Treasury nominees to work on China forex change
Reuters
WASHINGTON, Nov 20 (Reuters) – Nominees for key US Treasury international posts said on Friday they must work to persuade China to change its currency

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Is the US Dollar Euro On the Turn?
The Market Oracle
with the Dollar's role as world reserve currency and both she and India have bought Gold in a move to gradually diversify away from US Dollars.

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Hurriyet Daily News
Volatility in inflation rates expected
Hurriyet Daily News
Commenting on the latest discussions on exports and the exchange rate, Yılmaz said, “We have conducted a study among the manufacturing industry,

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