Daily Forex Overview

Previous session overview On Wednesday, the dollar declined versus the euro after the Federal Open Market Committee voted to keep interest rates unchanged and the foreign exchange market concluded that it gave no signal of a near-term rate hike. After a two-day policy meeting in New York, U.S. Federal Reserve Chairman Ben Bernanke largely [more...]

Date: 2008-06-26 07:55:00

Blog posts (8) | Videos (55)
 

THE FED'S HISTORIC MOVE

The Federal Open Market Committee's (FOMC) action on Dec ... inflation. The Fed's actions will weaken the dollar in foreign exchange markets, which has already begun ... supply directly and end the practice of targeting money indirectly by focusing on interest rates [more...]

Date: 2008-12-18 13:29:58

HK dollar inches lower, interbank rates ease

The following is a snapshot of the Hong Kong foreign exchange and money markets on Monday ... on Monday following the HKMA interventions aimed at keeping the Hong Kong dollar within its pegged trading ... in the longer-dated contracts, said a dealer at a Europea bank. MARKET/ECONOMIC NEWS >Stock market reports [more...]

Date: 2009-01-05 06:33:52

HK dollar eases, interbank rates remain soft

The following is a snapshot of the Hong Kong foreign exchange and money markets on Tuesday ... . Another dealer at a European bank attributed the fall in part to the U.S. dollar’s strength ... market in the past few months aimed at keeping the Hong Kong dollar within its pegged trading band [more...]

Date: 2009-01-06 06:47:08

HK dollar remains strong, interbank rates soften

The following is a snapshot of the Hong Kong foreign exchange and money markets on Tuesday ... . The Hong Kong dollar has been boosted by the unwinding of carry trades and some companies [more...]

Date: 2008-12-16 06:06:40

Hong Kong dollar still strong, interbank rates ease

The following is a snapshot of the Hong Kong foreign exchange and money markets on Friday ... of carry trades, fund inflows into the territory from investors seeking a safe haven and as demand [more...]

Date: 2008-12-19 06:48:27

HK dollar hovers near its upper limit, Hibor steady

The following is a snapshot of the Hong Kong foreign exchange and money markets on Wednesday ... -month -50/-42 -52/-47 Six-month -80/-60 -75/-65 One-year -95/-55 -90/-70 INTERBANK RATES ... to the U.S. dollar but can trade between 7.75 and 7.85. * Local interbank rates were little changed [more...]

Date: 2008-12-24 05:31:39

HK dollar eases slightly, short-dated Hibor falls

The following is a snapshot of the Hong Kong foreign exchange and money markets on Friday. Morning Previous Close At 0324 GMT At 0932 GMT HK$ SPOT 7.7510/13 7.7500/01 FORWARDS Three-month -40/-35 -45/-40 Six-month -60/-50 -76/-70 One-year -70/-50 -100/-80 INTERBANK RATES [more...]

Date: 2009-01-02 06:38:05

8 Results