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The country’s forex reserves climbed $6.43 billion to $260.63 billion for the week ended May 22, compared with $254.20 billion in the previous week.

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MUMBAI: India’s forex reserves climbed by a whopping $6.432 billion to $260.639 billion for the week ended May 22, as compared to $254.207 billion in the previous week.

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FX Universal, a New York based company specializing online forex trading services, now offers spot gold and silver trading on the same cutting edge platform: GTS (Global Trading System). Their global client base now has access to spot metal trading in addition to the 28 currency pairs already offered. (PRWeb May 29, 2009) Read the full story at …

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FX Universal, a New York based company specializing online forex trading services, now offers spot gold and silver trading on the same cutting edge platform: GTS (Global Trading System). Their global client base now has access to spot metal trading in addition to the 28 currency pairs already offered.

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* Dollar index on track for biggest monthly fall since ‘85

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The US dollar, euro, British pound, Australian dollar, and Canadian dollar all face very high event risk next week due to employment reports and a total of four rate decision.

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Mumbai, May 29 The country’s foreign exchange reserves increased by $6.432 billion for the week ended May 22 to $260.639 billion, according to the Reserve Bank of India’s Weekly Statistical Supplement.

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* Dollar pressured as risk appetite warms

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For today, in contracts.

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Volatility cools into the end of the week; but a glut of event risk next week promises to quickly revive the markets Monday. - With high-level event risk due next week, where will risk appetite fit into the equation?

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