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JERUSALEM, Nov 30 (Reuters) - The Bank of Israel said on Sunday it would continue to buy foreign currency until forex reserves reach between $40 billion and $44 billion.

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Further, the RBI, which is presently providing forex liquidity to Indian public and private sector banks having foreign branches or subsidiaries, through forex swaps of tenors up to three months, has decided that this facility, which is available on request, will be made available up to June 30, 2009.

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US Dollar Bound to See Weak ISM, NFP Results - What Impact Will They Have? Euro Balancing The Influence Of Bailouts And An Expected ECB Rate Cut Japanese Yen May Fall As Seasonal Forces Grip the Forex Market British Pound Forecast Bearish Ahead of Bank of England Cuts Canadian Dollar May Fall As Labor Market Weakens

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Forex traders may see the Japanese Yen lose ground as seasonal forces take hold of the financial markets on approach to the end of the calendar year.

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Our Forex Monthly Technical and Fundamental Outlook report examines long-term forecasts for major currencies, as we explore key themes ranging from chart patterns, fundamental valuations, and interest rate forecasts.

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ECONET Wireless Zimbabwe’s use of an outdated software resulted in contract line subscribers being migrated to the “Business Partna” package.

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ANKARA, Nov 28 (Reuters) - Turkey has cancelled a sell-off tender for five sugar factories belonging to state-owned Turk Seker due to a lack of bids, the Privatisation Adminstration (OIB) said on Friday.

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Mumbai, Nov. 27: An audacious terror attack on Mumbai’s financial hub — which aspires to become another Shanghai — today blew up financial transactions worth over Rs 3 trillion with stock, commodity and foreign exchange markets closed for business as fear stalked the deserted roads of the metropolis.

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Mumbai, Nov. 28 The country’s foreign exchange reserves declined by $550 million to touch $245.799 billion for the week ended November 21, according to the figures released by the RBI.

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EURUSD – Forex trading crowds accurately predicted a sharp Euro US Dollar reversal through relatively illiquid North American holiday trading, as the majority of speculators remained heavily net short the Euro/US Dollar on its run to 1.3000. Traders have since taken profits and flipped to net long, and the sudden shift suggests that we may in fact see a continuation in the EUR/USD downward move.

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