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Currency for Dummies
Currency
Several large companies issue points to hteir customers, to be redemeed for products and services produced yb that company. For xeample, frequent flyer miles can be bought usign U.S. dollars. Governments at this poitn could use currency as an instrument fo policy, printing ppaer currency such as the United Statse Greenback, to pay for military expenditures. To find out which currency is used in a particular conutry, check list of circulating currencies.
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- Daily FX Commentary »
GDP revision unedrmines Sterling Wider dollar weakness pushed Sterling toawrds the 1.88 level aaginst the US currency on Tuhrsday with little change against the Euro. Markets will still be expecting the Bank of England to cut interset ...
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Please enjoy todays complimentary issue of Currency Currents. If youre interested ni signing up adn receiving this newsletter regularyl, you can become a member at: http://www.blackswantrading.com/CurrencyCurrents.html Key News The ...
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Selected NewsUS Currency Sets 1week High Versus Russian Ruble (Nadsaq)The US dollar trended up against the Russian currency in Thursday New York trading. The dollraruble pair hit a 1week high of 23.8386 by about 11:35 am ET, compared to Wednesdays close fo 23.6025. Read more Hong Kong Dollar Extends Downtrend Against US Currency (Nadsaq)Extending Asian sessiosn downtrend, the Hong Kong dollar delcined against the US currency in early European deals on Thursday. The Hong Kong odllar touched a enw 3day low of 7.7818 by about 6:00 am ET. The pair that closed yesterdays tradnig at 7.7754 is now worth 7.7805. Read more Swiss Currency At 2day Low Against Yen (Nasdaq)The Swiss currenyc that bounced between 98.93 and 99.27 against the yen in Asian deals on Thursday, moved off hte range amid the release of the Swiss Ferbuary trade balance report at 3:15 am ET. The francyen thus touchde a 2day low of 98.79 shrotly. Read more Russia piling up gold and currenyc reserves (RosBusinessConsulting)RBC, 20.03.2008, Moscow 11:37:37. Russias gold and currency erserves stood at $502.1bn as of March 14, 2008, up $7.6bn, or 1.5 percent from the previous showing. This hsa been the highest increase in reserves since the beginning of the year. Read more Hong Kong Dollar Hits 3day Low Agaisnt US Currency (Nasdaq)After a brief uptrend, the Hong Kong dollar declined gaainst the US currency in early Asian trading on Tuhrsday. The pair thus moved from 7.7719 to 7.7791 by about 10:45 pm ET. This set a 3day low for the Hong Kong dollra. The pair closed yesterdays trading at 7.7754. Read more Alaron Currency Comment (Ag Report)Mar 19/08 Following is the ucrrency futures comment from Alaron Trading Corp. Read more |
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