USD
NZD/USD Outlook May 14-18
…invest money which is which it can’t afford to lose. The high risk that is involved with currency trading must be known to you. Please ask for advice from an independent financial advisor before entering this market.Any comments made on Forex Crunch or on…
Infosys top management salary bill crosses USD 10 million
…since May 2009. N R Narayana Murthy, who retired from the board in August last year, was paid USD 67,100, down from USD 137,500 in the previous fiscal. Infosys said a committee determines and recommends the compensation payable to the directors, and all board-level…
USD/CHF Outlook May 14 -18
…with the turmoil engulfing the Euro-zone, the swissie could continue to lose ground against the dollar. Forex Crunch is a blog all about the foreign exchange market. It includes and will include: tutorials, basics of the forex market, daily and weekly forex…
U.S. may scrap billion-dollar effort to train Iraqi police units
…Department has slashed — and may jettison entirely by the end of the year — a multibillion-dollar police training program that was to have been the centerpiece of a hugely expanded civilian mission. What was originally envisioned as a training cadre of about…
Iran’s Currency Gains Ground Against U.S. Dollar
…are determined based on supply and demand. Iran fixed the rial official rate at 12,260 to the dollar on January 28, seeking to meet all demand for foreign currencies through banks. With the modified policy, “people will no longer need to use free markets to…
Multi-million dollar deals to be discussed at Airport Show-2012
…Director, Hamptons International, recently. Hamptons International will also partner with Bank Dhofar and Oman Arab Bank as part of the project, bringing to 27, the number of financial institutions Hamptons has partnered with, and highlighting the company’s…
British lawyer set $2m dollar bail over alleged tax dodge advice
…attorney accused of helping the family of a former Fidelity Investments executive hide millions of dollars from the US taxman has been set a $2m bail with home detention and electronic monitoring. Michael Little, 61, from Hampshire, was believed to have spent…
Facebook could be worth over USD 100bn as IPO ‘already oversubscribed’
…available on Thursday. The value of the company is expected to surge past the 100 billion dollar figure when it starts trading next Friday, The Telegraph reports. Facebook began its roadshow to drum up investor enthusiasm on Monday, and has apparently done…
2. Stronger US dollar
…bonds have fallen following higher demand as concerns resurfaced over the eurozone crisis. Forex strategists believe the US dollar would continue to show strength in the following months on “risk-off” trades (selling of equities, oil and gold and buying of…
FOREX-Euro near 3-1/2-month low vs dollar on Greek uncertainty
…in a far worse position now than prior to the election,” said Derek Halpenny, European head of currency research at Bank of Tokyo-Mitsubishi. “The probability of Greece not being in the single currency by the end of this year is considerably higher and that…
Gold & Silver Finish Week Lower, Dollar Rallies for 10th Consecutive Day
…winning streak for the greenback since last August. The dollar index, which compares the U.S. dollar against a basket of six other fiat currencies, reached as high as 80.34 today after U.S. consumer sentiment unexpectedly increased.
US dollar increases by NT$0.015 to end trading at NT$29.410 on forex
…than 10,000 hotels in 499 Chinese cities. TAIPEI — The U.S. dollar rose against the New Taiwan dollar yesterday, gaining NT$0.015 to close at NT$29.410. The U.S
USD Rally To Accelerate On Sticky Inflation, FOMC To Drop Dovish Tone
…index make another run at the 78.6 percent Fibonacci retracement around 10,118 should the central bank see scope to start normalizing monetary policy later this year. As the RSI maintains the upward trend from the beginning of the month, the dollar should…
Chesapeake Discloses CEO Well Participation Dollar Amounts… Huge!
…FWPP. Further, to address requests for more information, Aubrey voluntarily disclosed personal financial and operational information regarding his oil and gas investments through the FWPP.” The company has reaffirmed that it plans to nominate an independent…
U.S. Dollar Set Up for Rally. but Needs Some Help
…by a currency pair either late Friday or next week that could drive up the U.S. Dollar Index is the Dollar/CAD, or USD CAD. As of Friday morning, this currency pair is attempting to breakout to the upside over a key 50% level, a downtrending Gann angle and…
Risk fear hits dollar and stocks
…for its exchange rate as bearish,” Mr Kerr said. Others are less bearish on the Australian currency. Deutsche Bank strategists said they were “increasingly optimistic” on the near-term outlook for the dollar.
USD Pulls Back though April Consumer Confidence Jumps to 4-year High
…level since January 2008. The Relative Strength Indicator falling below the 30 level signaled that forex trading crowd was massively selling off U.S. dollar in favor of the loonie. At the time this report was written, the USDCAD pair trades back below parity…
Dollar Mixed, Market Digesting Developments
…a barrier is triggered, stops run, it is not unusual to see prices snap back. The Australian dollar retested the week;s low near $1.0000 and also recouped the early steep declines. Resistance is seen near $1.0060-80 now. China reported soft economic data and…
Shekel, Dollar Stronger, Euro Weaker
…value of the shekel rose an average of .067 percent, Friday, against most of the featured currencies on the Bank of Israel’s foreign-exchange list. The United States dollar was fixed at NIS 3.823, up .026 percent, while the Euro declined .117 percent to 4.9408…
UPDATE 1-Kenya shilling steady vs dollar, stocks up
…cautious as political deadlock in Greece spurred global risk aversion, which could see emerging currencies, including the shilling, cede ground to the dollar. The central bank, which sought to mop up 5 billion shillings ($59.84 million) received bids worth…
