31st
March
2009
FXstreet.com (Barcelona) - Crown Forex has appealed to the Federal Administrative Court against the FINMA’s resolution about its special investigation on its activities. The Swiss Financial Market Supervisory Authority (FINMA) took the decision on February 23rd.
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31st
March
2009
FXstreet.com (Barcelona) - Crown Forex has appealed to the Federal Administrative Court against the FINMA’s decision to liquidate its firm. The Swiss Financial Market Supervisory Authority (FINMA) took the decision on February 23rd.
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31st
March
2009
Mounting concerns for the U.S. automotive and banking sector sparked a rise in risk aversion across the financial markets, and as the European Central Bank is widely anticipated to lower the benchmark interest rate by 50bp on Thursday, expectations for further easing by the central bank is likely to weigh on the exchange rate as the euro-region faces its worst economic downturn in over half a …
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31st
March
2009
HANOI, March 31 (Reuters) - Banks in Vietnam in need of short-term dong funds after a surge in lending under a government stimulus package can use foreign exchange swap deals with the central bank to meet their needs, the State Bank of Vietnam said. The annual swap rate is 8 percent and banks licensed to trade in foreign exchange will be allowed to conduct swaps, subject to central bank …
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31st
March
2009
HANOI, March 31 (Reuters) - Banks in Vietnam short of short-term Vietnamese dong funds could use foreign exchange swap deals with the central bank to meet their needs, the State Bank of Vietnam said. The annual swap rate is 8 percent and banks licensed to trade in foreign exchange are allowed to conduct swaps, subject to central bank permission, the State Bank of Vietnam said in a letter sent to …
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31st
March
2009
Harare — Zimbabwe needs to take the next step in its switch to foreign currencies with ATM transactions, use of plastic money at tills, and cheques. In any country most cash is in the form of entries in bank databases and only a modest fraction exists as notes and coins.
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31st
March
2009
FXstreet.com (Barcelona) – The Australian Dollar has been appreciating against the Dollar after rebound on 0.6770 low on March 30, reaching some pips below 0.6950 resistance level so far. The Hourly chart shows the pair struggling with the 200 SMA, some pips below the mentioned level.
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31st
March
2009
FRANKFURT -(Dow Jones)- The Eurosystem’s reserves of gold and gold receivables decreased EUR82 million to EUR217.543 billion in the week ended March 27, the European Central Bank said Tuesday.
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31st
March
2009
FXstreet.com (Barcelona) - After falling around 0.65% from the 1.2617 opening price to test the 1.2500 support line, the USD/CAd has been rebounded to trade above 1.2540. Currently, the pair is trading around 1.2530/40. Along the European session, USD/CAD has been traded in a 1.2505/50 small channel.
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posted in News |
31st
March
2009
* Yen down sharply as Japan fiscal year comes to an end
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