Forex Market Update: USD Headed Lower As Asian Equities Rallied Daily FX, NY The FX majors maintained their familiar ranges in Asia, with little fresh impetus coming from the weekend G20. There was no specific mention on currencies, instead the meeting made the restoration of lending the key priority, along with tackling ... |
 Straits Times | Diversification costs China billions in forex reserves SmartBrief, DC In early 2007, China's State Administration of Foreign Exchange made large bets on global equities, a diversification push that has cost the country billions of dollars of its foreign-exchange reserves. "SAFE has built up one of the largest US equity ... China may have lost $80 bln on foreign equities China ‘lost billions’ on investments China lost billions in diversity drive |
FOREX-Dlr on defensive; euro vaults $1.30 as shares rise Reuters By Veronica Brown LONDON, March 16 (Reuters) - The euro hit its highest in over a month versus a broadly weaker dollar on Monday, with five consecutive days of rallying share prices reflecting less investor caution towards risk. ... |
Forex and Dow Jones recommended levels International Business Times, NY Today"s support: - 1.2870 and 1.2844(main), where correction is possible. Break would give 1.2813, where correction also may be. Then follows 1.2782. Break of the latter would result in 1.2744. If a strong impulse, we would see 1.2690. ... Daily Forex and Dow Jones Recommended Levels |
FOREX: Ringgit Closes Higher Against The US Dollar Bernama, Malaysia KUALA LUMPUR, March 16 (Bernama) -- The ringgit closed higher against the US dollar on weaker demand for the greenback globally as well as buying support for the local currency, after the government announced a second stimulus package last week, ... |
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