The News Review:
- Forex – Dollar in focus ahead of Bernanke testimony
- Forex – US dollar mixed in Sydney morning trade as Bernanke comments…
- Sodexo H1 sales up 3.8 pct as strong organic growth offsets forex…
- Forex – Dollar steady in afternoon trade ahead of Bernanke testimony,…
- Citi Launches Domestic Settlement Service for Interbank Forex Trades
- Dollar edges up on MICEX and FOREX
Forex – Dollar in focus ahead of Bernanke testimony
Forbes – Apr 2, 2008
Federal Reserve chairman Ben Bernanke in front of US lawmakers. Particular focus will be on whether Bernanke highlights the upside risks to inflation and endorses the view that the worst of the credit crunch is over, which could bolster expectations of modest further rate reductions from the Fed. If he continues to highlight the risks to the economic outlook more so that inflation, then the markets may move to price in further aggressive rate cuts.
Forex – US dollar mixed in Sydney morning trade as Bernanke comments…
Forbes – Apr 2, 2008
dollar was mixed against other major currencies in Sydney morning trade Thursday as the market continued to digest comments by Federal Reserve chairman Ben Bernanke overnight. For the first time Bernanke, in testimony to a U.
Sodexo H1 sales up 3.8 pct as strong organic growth offsets forex…
Forbes – Apr 2, 2008
080 billion euros from a year-earlier 6. 819 billion as strong organic growth continued to offset negative impact from exchanges rates. The French group said organic growth reached 9.
Forex – Dollar steady in afternoon trade ahead of Bernanke testimony,…
Forbes – Apr 2, 2008
dollar was little changed against the euro and the yen in afternoon Asian session on Wednesday as investors were sidelined by Federal Reserve chairman Ben Bernanke’s testimony before the U. Congress later today.
Citi Launches Domestic Settlement Service for Interbank Forex Trades
Earthtimes – Apr 2, 2008
Developed for use by Central Banks in developing markets, Citi’s Domestic Settlement Service reduces settlement risk by simultaneously settling both sides of foreign exchange transactions. Cámara de Compensación de Divisas de Colombia, Colombia’s Clearing House, is the first to launch Citi’s service, successfully settling interbank foreign exchange trades for its members. “With the rapid growth of high value foreign exchange trades, addressing interbank settlement risk is more significant than ever. Given Citi’s settlement expertise, knowledge of local markets, and best-in-class infrastructure, our Domestic Settlement Service will help reduce settlement risk for banks in developing markets around the world,” said Bharat Sarpeshkar, Managing Director, Global Head of Payments and Bank Solutions, Citi’s Global Transaction Services business.
Dollar edges up on MICEX and FOREX
RosBusinessConsulting – Apr 2, 2008
2008, Moscow 12:52:03. Two and a half hours into today’s special dollar trading session for tomorrow deals, the high on deals stood at 24. These figures are RUB 0.