The News Review:

- Forex – Dollar steady in afternoon trade ahead of US GDP, other…
- Forex – US dollar lower in Sydney morning trade after Japanese data
- Forex – Dollar recoups earlier losses on relief US GDP growth left…
- China’s forex reserves climb to US$1.65 tril.
- FOREX: Ringgit Lower Against The US Dollar

Forex – Dollar steady in afternoon trade ahead of US GDP, other…
Forbes – Mar 27, 2008
Washington will announce the final fourth quarter US gross domestic product figures later today and consumer spending data for February on Friday. The dollar, though, may resume its decline because of growing pessimism about the US economy, which is already feared to be in a recession. ‘The problem is really the US economy. The recent data is melting down.

Forex – US dollar lower in Sydney morning trade after Japanese data
Forbes – Mar 27, 2008
15 am (0015 GMT), the dollar was trading at 99. 68 yen in late New York trade, while the euro was at 1.

Forex – Dollar recoups earlier losses on relief US GDP growth left…
Forbes – Mar 27, 2008
The news from the Commerce Department US GDP growth was left at an unrevised annualised rate of 0. 6 pct, with consumer spending higher, helped US stock future rally, helping the dollar to climb towards day highs against both the euro and the yen. ‘The headlines matched expectations with spot soon depressed from the near-1.

China’s forex reserves climb to US$1.65 tril.
China Post – Mar 27, 2008
6 billion and US$57. 3 billion in January and February respectively, the China Business News reported, citing unnamed sources. China?s foreign exchange reserve, the world?s biggest, rose by 43. 32 percent or US$461. 9 billion last year to US$1. 53 trillion, according to figures released by the central bank earlier.

FOREX: Ringgit Lower Against The US Dollar
Bernama – Mar 27, 2008
S dollar in early trade Thursday as the local currency failed to resume its upward momentum after the recent gains. Dealers said investors were cautious following reports of a lower growth forecast for the Malaysian economy this year. Bank Negara has projected economic growth to expand by 5-6 percent this year from 6. 3 percent last year.