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Dollar stabilizes as dealers mull US rate call
  • LONDON (AFP) - The dollar steadied against the euro and the yen as foreign exchange market participants contemplated the next move for American interest rates.

    U.S. Dollar Trading fell against the majors

  • US Federal Reserve and the RBNZ decide to leave rates on hold. German IFO stronger than expected. CURRENCY TRADING SUMMARY U.S. Dollar Trading (USD ) fell against the majors in the overnight foreign exchange trading session as the US Federal Reserve decided to leave rates on hold. As expected, the Federal Open Market Committee (FOMC) kept rates steady at 5.25% for the third consecutive meeting. The statement released after the decision was handed down was almost identical to previous

    dollar falls to 2-year low against the euro over thanksgiving holiday

  • The euro "surged" to $1.3086 against the dollar, leading the way for other world currencies, including the GBP which rose to $1.93 and the ruble which rose to a seven year high. The article links this drop to a drop in US economic forecasts and a slowdown in the US housing market. Will a shift in exchange rates drive policy in 2007? Stay tuned.

    Exchange Rates - Keeping an Eye on Them

  • Keeping an eye on currency exchange rates is essential when traveling if staying within a budget or if just not wasting money is of concern to you at all. What does exchange rate mean? Typically, using the US dollar as a guide, other currencies would be worth more or less than a dollar for exchange of value.

    What is an Online Forex Trading?

  • For-ex stands for Foreign Exchange; it is a global market for dealing currencies at floating exchange rates. The foreign exchange is world?s biggest currency market, on an average everyday dollar one to two trillion is traded in the foreign exchange. The trade is mostly done over the internet and telephone lines.

    BNP PARIBAS - 2007 - markets face bleak times

  • 14 Aug 06: Hans Redeker, Global Head of Foreign Exchange Strategy, BNP Paribas: High inflation, slow growth; USA - a 'bubble economy'; Dollar/yen exchange rate; Oil price impacts Swiss franc demand; UK interest rates; Sterling versus the euro

    Euro-US dollar dominated by outlook for interest rates

  • LONDON, October 16 (dailywallstreet.com) - Analyst Tom Levinson of ING Financial Markets expects the interest rate differentials between the US and the EU region to be as low as 50bps by mid-2007, which would boost the euro-US dollar exchange rate above the 1.30 mark.

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