Currency & Forex Tools

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LATEST WORLD CURRENCY & FOREX MARKET NEWS HEADLINES

Dollar Touches Lowest Level in 2010 as Economic Growth Slows
July 30 (Bloomberg) -- The dollar touched a level below 86 yen for the first time this year and headed for a third straight monthly loss as a government report showed U.S. economic growth slowed in the second quarter. The yen advanced to a one-week high
BusinessWeek - Fri, 30 Jul 2010 18:32:00 GMT

Stocks, dollar slide even as growth fears ease
The dollar fell to multi-month lows against the Japanese yen and gold rose back above $1,170 an ounce after data on U.S. gross domestic product mostly confirmed slow growth for investors. But European stocks recovered from a sharp fall to close only
Reuters Africa - Fri, 30 Jul 2010 18:31:00 GMT

MONEY MARKETS-Dollar interbank rates fall, euro rates dip
* Key euro lending costs dip, halting long run of rises (Updates U.S. action, adds dateline) NEW YORK/LONDON, July 30 (Reuters) - A benchmark on what banks charge each other for dollars fell to a 2-1/2 month low on Friday on bets that the Federal
Reuters - Fri, 30 Jul 2010 18:22:00 GMT

China's exchange rate reform on right track
China initiated the managed float of its currency, which was based on market demand and in reference to a basket of currencies, according to its own circumstances and in line with its development strategy, wrote Hu Xiaolian, deputy governor of the
China Economic Net - Fri, 30 Jul 2010 18:12:00 GMT

Forex - Russia's Central Bank Leaves Key Interest Rate Unchanged
Russia's central bank left its key interest rate unchanged for a second month, as the economic recovery gained momentum and inflation slowed.The Bank Rossii kept its refinancing rate at a record low of 7.75% on Friday. The central bank had lowered the
Forex TV - Fri, 30 Jul 2010 18:09:00 GMT

 

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