The News Review:
- WRLD FREX: Euro Rally Vs Dlr Halts; All Eyes n ECB G20
- US Money Laundering Case Halts Venezuela Forex Trading
- Forex reserves jump $5.1 bn
- Brazil central bank sells $3.99 bln in forex swaps
- WRLD FREX: Dlr Mixed; Pound Falls; G20 ECB Mtg Loom Large
WRLD FREX: Euro Rally Vs Dlr Halts; All Eyes n ECB G20
Wall Street Journal
->WRLD FREX: Euro Rally Vs Dlr Halts; All Eyes n ECB G20 ArticleCommentsmore in. Momentum traders began abandoning the euro after failing to break new ground in its sharp rally off the Federal Reserve’s vote last week to start buying longer-term Treasurys. The dollar completely recovered its losses Friday. The euro fell to $1. 3256 its lowest level since the decision.
US Money Laundering Case Halts Venezuela Forex Trading
Wall Street Journal
->UPDATE:US Money Laundering Case Halts Venezuela Forex Trading ArticleCommentsmore in. authorities to freeze an umbrella account used by dozens of brokers in Venezuela for currency trading bringing the South American nation’s so-called parallel currency market to a halt. The seizure in unofficial currency market trading threatens to badly hamstring Venezuela’s import-dependent economy.
Forex reserves jump $5.1 bn
Indian Express
The country’s forex reserves rose by $5. 1 billion in the week ended March 20 due to a weakening of non-dollar assets like the euro yen and the British pound. These assets were revalued as the dollar gained sharply against these currencies. According to the latest figures available with the Reserve Bank of India (RBI) total foreign exchange reserves including gold and SDR rose by $5.
Brazil central bank sells $3.99 bln in forex swaps
Reuters
99 bln in forex swaps| Markets| Markets News| Reuters. 99 billion in an auction of currency swaps onThursday rolling over a similar batch of paper maturing nextmonth.
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WRLD FREX: Dlr Mixed; Pound Falls; G20 ECB Mtg Loom Large
Wall Street Journal
->WRLD FREX: Dlr Mixed; Pound Falls; G20 ECB Mtg Loom Large ArticleCommentsmore in. End-of-month trading is also encouraging market participants to reduce exposure - leaving currencies with little real sense of direction. Risk appetite remains relatively strong. Equity markets in Asia were mixed with the Nikkei in Japan losing 0. 1% but European bourses were opening higher reflecting the brighter 2.