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Euro slips, risk currencies fall on Egypt (Guardian.co.uk - 31/01/2011)

The euro dipped and high-yielding currencies fell on Monday as investors tried to exit riskier positions on fears that unrest in Egypt could spread across the Middle East. As street protests in Cairo showed no sign of abating, investors were increasingly

Rupee falls by 21 paise/$ to 2-month low (Business Standard - 31/01/2011)

The Indian rupee fell by 21 paise to a two-month low of Rs 45.97 per US dollar in early trade today, weighed down by the gains registered by the greenback against other major currencies. Dealers said the rupee weakness was due to the dollar gains against

Yen Near One-Week High Against Euro (Bloomberg - 31/01/2011)

The yen traded near a one-week high against the euro on speculation Egypt’s political turmoil will destabilize the Middle East, spurring demand for safer assets. Higher-yielding currencies such as the Australian and New Zealand dollars weakened after

China says Q4 FX reserves up $185 bln (Reuters - 31/01/2011)

Chinese foreign exhange reserves increased by $185 billion in the fourth quarter of 2010, the country's foreign exchange regulator said on Monday, smaller than the $199 billion surge initially reported by the central bank. In a statement on its website,

Kuwaiti dinar stands at KD 0.279 against US dollar (KUNA - 31/01/2011)

The Kuwaiti dinar stood on Monday at KD 0.279 against the US dollar, while its rate against the euro settled at KD 0.379. The Central Bank of Kuwait (CBK) said on its website on Monday that the rate of the national currency fell to KD 0.442 against the

Canadian dollar rises amid Japan downgrade (canadianbusiness - 30/01/2011)

The Canadian dollar closed higher Thursday despite sharply lower oil prices as the greenback lost ground against a number of major currencies. The loonie was up 0.21 of a cent at 100.68 cents US. Commodities were mixed as the March crude contract on the

Kuwaiti dinar at KD 0.279 against US dollar (KUNA - 30/01/2011)

The Kuwaiti dinar stood at KD 0.279 against the US dollar, while its rate decreased against the euro, settling at KD 0.379. The Central Bank of Kuwait (CBK) said on its website on Sunday, that the rate of the national currency decreased to KD 0.442

Dollar, franc hold gains amid Egypt unrest (Reuters - 30/01/2011)

The US dollar and Swiss franc are likely to hold gains next week should tensions in Egypt persist, raising concerns about stability in the Middle East and North Africa and increasing investor demand for safer havens. A slew of economic data and central

Forex reserves up by $1.97 bn to $299.39 bn (Business Standard - 29/01/2011)

India's foreign exchange reserves increased by $1.97 billion to $299.39 billion for the week ended January 21. The forex reserves were $297.41 billion in the previous week (ending January 14). Foreign currency assets, a major component of the forex

Yen recoups some losses, euro faces profit-taking (Guardian.co.uk - 28/01/2011)

The yen on Friday recouped some of the losses it made after Standard & Poor's cut Japan's credit rating by a notch, while the euro slipped from two-month highs as players took profits from its recent rally. The euro's hefty gains from a four-month low

Rupee falls 13 paise in early trade (Business Standard - 28/01/2011)

The Indian rupee depreciated by 13 paise against the dollar today, as the American currency strengthened against other major currencies. The domestic unit in early morning was trading at Rs 45.70 a dollar, 13 paise lower from the yesterday's close at the

Indian Rupee Recovers Recent Losses Against Dollar (RTT News - 28/01/2011)

The Indian rupee that fell to 45.7150 against the US dollar in early deals on Thursday rebounded shortly. As of now, the rupee is worth 45.57 per dollar, compared to Wednesday's close of 45.49. Indian stocks are trading lower today despite higher global

Dollar slips to 11-week low after Fed, stocks rise (Guardian.co.uk - 27/01/2011)

The U.S. dollar slipped on Thursday to 11-week lows, while commodity prices and Asian stocks rose after U.S. Federal Reserve policymakers voted unanimously to maintain a $600 billion bond-buying plan to fuel an economic recovery. While the outcome of the

Euro clings near 2-month high after cautious Fed (Guardian.co.uk - 27/01/2011)

The euro clung near a two-month high on Thursday after the U.S. Federal Reserve showed it was in no rush to scale back its easy policy, leaving the European Central Bank's relative hawkishness intact. The contrast between the Fed's emphasis on efforts to

Rupee firms on strong euro, Asian peers (Reuters - 27/01/2011)

The rupee strengthened on Thursday on the back of a strong euro and gains in Asian currencies, dealers said. At 10:20 a.m. (0450 GMT), the partially convertible rupee was at 45.5625/5700 per dollar, firmer than the previous close close of 45.69/71. The

Dollar rises 1 pc on day versus yen (Reuters - 27/01/2011)

The dollar rose 1 percent on the day versus the yen on Thursday as the Japanese currency extended losses following a downgrade of Japan's government debt rating by Standard and Poor's. The dollar rose to 83.20 yen, its highest in two weeks.

Dollar holds near 10-week low as Fed seen dovish (Guardian.co.uk - 26/01/2011)

The dollar held near a 10-week low against a basket of currencies on Wednesday, with the market looking for confirmation from the Federal Reserve later in the day that its focus remains on supporting growth. The perception that the Fed will keep a much

Euro closes in on 2-month high, Aussie falls on CPI (Guardian.co.uk - 25/01/2011)

The euro rose near a two-month peak on Tuesday, showing only the barest signs of fatigue after a rally in the past two weeks, as climbing euro zone interest rates prompted speculators to bet on further gains in the currency. The Australian dollar fell

Rupee trims rise tracking shares; dollar loss aids (Reuters - 25/01/2011)

The Indian rupee trimmed gains on Tuesday afternoon tracking a choppy domestic sharemarket, but the dollar's losses versus major currencies continued to support the local unit. * At 1:40 p.m., the partially convertible rupee was at 45.56/57 per dollar,

Kuwaiti dinar at 0.279 fils against US dollar (KUNA - 25/01/2011)

The Kuwaiti dinar stood at 0.279 fils against the US dollar, while its rate increased against the euro, settling at 0.380 fils. The Central Bank of Kuwait (CBK) said on its website on Tuesday, that the rate of the national currency increased to 0.446

Euro off 9-wk high, holds above 50 pct retracement (Guardian.co.uk - 24/01/2011)

The euro backed away from a nine-week high on profit-taking on Monday, though easing euro zone debt worries supported the single currency. The euro held above key resistance around $1.3570 that it broke on Friday, a 50 percent retracement of its decline

Rupee to edge up early; shares watched (Reuters - 24/01/2011)

The rupee should edge higher early on Monday on short-covering after Friday's fall, and traders will watch the stock market for direction. The euro backed away from a nine-week high in early Asian trade in the face of heightened political uncertainty in

Euro's Slide Meets Resistance as Analysts Draw Line at $1.30 (Bloomberg - 24/01/2011)

Traders are starting to believe German Chancellor Angela Merkel when she says Europe’s biggest economy will do whatever it takes to save the region’s currency. Demand for contracts used to hedge against a decline in the euro is disappearing at the

Dollar Strengthens From Two-Month Low Versus Euro (Bloomberg - 24/01/2011)

The dollar advanced from a two-month low against the euro before U.S. reports this week that economists said will show consumer confidence climbed and gross domestic product growth accelerated. The Japanese yen weakened against 13 of its 16 most-traded

Kuwaiti dinar at 0.279 fils against US dollar (KUNA - 24/01/2011)

The Kuwaiti dinar stood at 0.279 fils against the US dollar, while its rate decreased against the euro, settling at 0.379 fils. The Central Bank of Kuwait (CBK) said on its website on Monday, that the rate of the national currency decreased to 0.445

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