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SPIMACO 51.99 491,273
EMAAR 11.6 22,703,068
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Forex News

Yen grinds lower, dollar hit by Yellen's softer tone

(Reuters) - The yen eased on Tuesday as Japan's sales tax rose, although the dollar weakened after the head of the Federal Reserve defended the central bank's loose policy and highlighted slack in the economy. The dollar index .DXY slipped to 80.059, off

Forex sector hit as market volatility fades

[BERLIN] A drop-off in major currency market volatility may be due as much to banking regulations and a row over alleged manipulation as to ultra-low interest rates in the developed world, industry figures said. Meeting at one of the year's big foreign

RBA Holds Rate at Record-Low 2.5% After Aussie Dollar Gains

Australia’s central bank left its benchmark interest rate unchanged at a record low and said the recent climb in the local dollar will reduce the stimulus provided by the currency. Governor Glenn Stevens kept the overnight cash-rate target at 2.5

Commerce Commision has confirmed it is investigating the forex market

The Commerce Commission is investigating the foreign exchange market, amid a global inquiry into alleged manipulation of currency rates. The New Zealand regulator's investigation comes as at least a dozen authorities in North America, Asia and Europe

Forex - USD/CAD weekly outlook: March 31 - April 4

The U.S. dollar moved higher against the Canadian dollar on Friday, paring some of its weekly loss after data showed that U.S. consumer spending increased in February. USD/CAD was last up 0.25% to 1.1059 after falling to lows of 1.0999 earlier in the

Pound To Euro (GBP/EUR) & Pound To Dollar (GBP/USD)Exchange Rates Rise

The Pound Sterling (currency:GBP) ended the week on the front foot, with the Pound Dollar exchange rate rising through 1.66 GBP/USD and the Pound Euro exchage rate testing resistance in the region of 1.21 GBP/EUR. The latest UK gross domestic product

South Korea Has $4.52 Billion Current Account Surplus

South Korea posted an unadjusted current account surplus of $4.52 billion in February, the Bank of Korea said on Monday - remaining in the black for the 25th consecutive month. The headline figure is up from $3.61 billion in January. The financial

China's FX regulator says foreign debt risk decreasing

(Reuters) - China's foreign exchange regulator said on Monday that it does not see any risk in the country's relatively high ratio of short-term foreign debt to total foreign debt, noting that the country had a large pile of foreign reserves to fall back

Goldman Fund Manager Sees RBA Cuts on Aussie: Australia Credit

The Australian dollar’s surge to a four-month high is keeping alive the prospect of a reduction in interest rates for Goldman Sachs Asset Management, even as four in five economists polled say the central bank’s easing is done. Governor Glenn Stevens

Why Investors Cannot Claim their Lost Virtual Currencies?

While the context in this article focuses mainly on Bitcoins, but speaks also of its alternatives such as Litecoin, Dogecoin, Peercoin, and others. – It is indeed bad news for investors that the lawmakers don’t have any significant role

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