Tag: currency
Malaysian Exports Post Biggest Drop in 15 Years as Demand Ebbs
By Shamim Adam and Michael Munoz
March 6 (Bloomberg) — Malaysia’s exports fell the most in 15 years in January as the Asian economic slowdown worsened amid slumping global demand for electronics and commodities.
Posted: March 6th, 2009 under News.
Tags: Asia's biggest economy, Asia's export, Asian economic, currencies trading, currency, Currency Trading, Forex, Global demand, Global Economy, Global Recession, Malaysia's exports, Overseas shipments
Comments: none
China to Keep Yuan Stable, Policy ‘Moderately Loose’ (Update1)
By Li Yanping
March 6 (Bloomberg) — China’s central bank reiterated a “moderately-loose” monetary policy for this year and said it would keep the yuan basically stable.
Posted: March 6th, 2009 under News.
Tags: China's central bank, China's Economy, currencies trading, currency, Currency Trading, Forex, Global Economy, Global Recession
Comments: none
Korea Won Rises, Reversing Loss, on Exporter Deals; Bonds Gain
By Kim Kyoungwha
March 6 (Bloomberg) — South Korea’s won advanced, reversing a decline, on speculation the currency’s slump to the lowest level in 11 years encouraged exporters to convert their foreign exchange. Bonds rose.
Posted: March 6th, 2009 under News.
Tags: Asian Currencies, bencmark kospi index, currencies trading, currency, Currency Trading, foreign debt, Forex, Global Economy, Global Market, Global Recession, Korea Financial Investment Asso, South Korea's Won, Trade Surplus
Comments: none
Australia, New Zealand Dollars Slide as Equities Touch New Lows
By Candice Zachariahs
March 6 (Bloomberg) — The Australian and New Zealand dollars fell as U.S. equities plunged and Australia’s stock benchmark headed for its lowest close in 6 1/2 years after China quelled speculation the government will add to its stimulus plan.
Posted: March 6th, 2009 under News.
Tags: Australia stocks, Australia's economy, Australian Dollar, currencies trading, currency, Currency Trading, Forex, Global Economy, Global Recession, Gross domestic product, New Zealand Dollar, trade balance, Treasury Department
Comments: none
Australia, New Zealand Dollars Reach 1-Week Highs on China Plan
By Candice Zachariahs
March 5 (Bloomberg) — The Australian and New Zealand dollars advanced to the highest in a week on speculation China will add to $585 billion of stimulus plans, raising demand for commodities that comprise a majority of the two nations’ exports.
Posted: March 5th, 2009 under News.
Tags: Australian Dollar, currency, Currency Trading, Forex, Forex Trading, Global Recession, New Zealand Dollar
Comments: none
Indonesia Cuts Policy Rate to Boost Consumer Spending
By Aloysius Unditu and Arijit Ghosh
March 4 (Bloomberg) — Indonesia’s central bank reduced its benchmark interest rateto its lowest in almost four years, citing a “big downside risk” to its economic growth forecast.
Posted: March 4th, 2009 under News.
Tags: BNP Paribas, Currencies, currency, Currency Trading, Forex, Forex Trading, FX, Global Crisis, Global economic growth, Global Recession, Indonesia's central bank, Indonesian Economy
Comments: none






