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Forex options market volatility expectations have bounced modestly since last week’s trade, but currently depressed levels offer little scope for major price moves in the week ahead.

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Forex options market volatility expectations have bounced modestly since last week’s trade, but currently depressed levels offer little scope for major price moves in the week ahead. We accordingly favor low-volatility Range trading strategies which tend to do well in these types of conditions.

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LAGOS, March 22 (Reuters) - Nigeria’s central bank sold $171 million at 148.31 naira to the dollar at its bi-weekly forex auction on Monday, just short of demand, traders said. The central bank initially offered $200 million, while demand stood at $182 million. It had sold $200 million at 148.40 naira per dollar at its previous auction on Wednesday. The naira strengthened marginally on the …

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UPDATE:Brazil Central Bank: Forex Reserves Preferable To IMF Credit Lines

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KUALA LUMPUR, March 22 (Bernama) — The ringgit opened weaker against the US dollar due to broad-base strengthening of the greenback against most other major currencies, said dealers.

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The country’s forex reserves went up by $1.28 billion to $279.71 billion in the week ended March 12, RBI said in its weekly statistical supplement released on Friday.

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21 March 2010 Varengold Bank FX, a brand of Varengold Wertpapierhandelsbank AG, offers new webinar education series. Varengold Bank, the award winning German investment bank, today announced the launch of its webinar series.

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FXstreet.com (Buenos Aires) – USD/JPY Current Price: 90.51. Pair remains steady in past weeks range 89.70/90.80, and only a clear break of it could define some trend.

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It will help to save about Rs 34,500 cr foreign exchange annually.

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Mumbai, Mar 22 : Continuing its losing streak for the third consecutive day today, the rupee eased by five paise to 45.55 against US Dollar in the opening session, as against its previous close of 45.50, on fresh capital outflows by foreign funds, traders at the Interbank Foreign Exchange (FOREX) said here.

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