Currencies exchange

11 November, 2009

Currencies exchange Weak dollar is pushing energy prices higher - On Friday, the dollar again fell against major currencies. Since March, the dollar index, which weighs the US currency against a basket of foreign METALS-Copper gains outstrip fundamentals-traders - Three-month copper on the London Metal Exchange was trading at $6378 a tonne at 0948 GMT from $6311 on Tuesday. The metal used in power and construction has 08-28-2009 Phil Flynn Energy Report - were expressed in that paper currency. As the market place loses more confidence in paper it will take more paper to find what may be a fair exchange. Canada Government Plans to Sell as Much as $3 Billion of US-Dollar - The government also uses swaps to fund its Exchange Fund Account where foreign currencies are held. Canada's supply of foreign-currency bonds has generally HK Exchange Fund assets HK$1863.9 bln at end July-HKMA - The rise in foreign currency assets was mainly a result of purchases of foreign currencies with Hong Kong dollars and valuation gains on foreign currency Euro races on as Sterling crashes - With currency exchange rates for the pound resembling a slow moving car crash this week, the euro has streaked ahead like Usain Bolt, driven forward by 'Obama Dollars' a lousy investment - You issue a new currency, let's call it "The Obama Dollar," and exchange one of them for ten, or a hundred, or a thousand of the old George Washington ones.

Awash in natural gas, prices hit new 7-year lows - fell among other major currencies. Benchmark crude for October delivery added $1.06 to settle at $72.49 a barrel on the New York Mercantile Exchange. 08-28-2009 Phil Flynn Energy Report - were expressed in that paper currency. As the market place loses more confidence in paper it will take more paper to find what may be a fair exchange. Op-Ed Contributor The Dollar's Fate - as the four biggest foreign currencies by far, there will be even less pressure and logic for substitution of the traditional means of money exchange.Argentina Stock Market May Lure $10 Billion If Controls Lifted - Argentina's currency has weakened 10 percent against the US dollar this year as other currencies in the region have strengthened. BUSINESS BRIEFS - Meanwhile, crude and gasoline futures were tugged higher as equities markets rose and the dollar fell among other major currencies. Colorado cities selling own limited currency - Before the latest wave of currencies, nonprofits had created exchange programs effectively advanced bartering systems that rewarded volunteering and 'Obama Dollars' a lousy investment - You issue a new currency, let's call it "The Obama Dollar," and exchange one of them for ten, or a hundred, or a thousand of the old George Washington ones.

Noor Islamic Bank Launches Foreign Exchange Services - 24 hrs/7 - Noor Islamic Bank PJSC announced the launch of foreign currency exchange (FX) services at its Dubai Airport Terminal 3 branch for the additional convenience Strauss Group Reports Steady Revenues With Increased Operating and - Net of the impact of currency exchange rates, sales increase 13.1% year-over-year. Organic growth (net of acquisitions and exchange rate) amounted to 8.2%. Awash in natural gas, prices hit new 7-year lows - fell among other major currencies. Benchmark crude for October delivery added $1.06 to settle at $72.49 a barrel on the New York Mercantile Exchange. METALS-Copper gains outstrip fundamentals-traders - Three-month copper on the London Metal Exchange was trading at $6378 a tonne at 0948 GMT from $6311 on Tuesday. The metal used in power and construction has Asian Currencies Rise Led by Won, Rupiah on US Recovery Signs - In an interest-rate swap, two parties agree to exchange payments over a period of time. Typically, one agrees to pay a fixed rate, while the other pays a BUSINESS BRIEFS - Meanwhile, crude and gasoline futures were tugged higher as equities markets rose and the dollar fell among other major currencies.

Canada Afternoon: C$ Up Substantially As Oil, Stocks Rebound - Analysts cautioned against reading too much into recent volatile movements in the Canadian dollar and other currencies, attributing them to thin summer Noor Islamic Bank Launches Foreign Exchange Services - 24 hrs/7 - Noor Islamic Bank PJSC announced the launch of foreign currency exchange (FX) services at its Dubai Airport Terminal 3 branch for the additional convenience Weak dollar is pushing energy prices higher - On Friday, the dollar again fell against major currencies. Since March, the dollar index, which weighs the US currency against a basket of foreign Yen Rises as China Curbs Stoke Growth Concern; Metals Decline - The yen rose against all 16 most-traded currencies tracked by Bloomberg. The South Korean won fell the most, declining 0.9 percent, followed by the pound

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