December 04, 2007

Serb cbank says policy change a matter of time

Serb cbank says policy change a matter of time
Guardian Unlimited - The central bank was also carefully watching the dinar in the local forex market as it examines the cause of the dinar's fall in the past two weeks.

CME Forex, Financial Estimated Futures Volumes - Dec 4
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Yen, Swiss Franc May Extend Gains Versus Dollar on Credit Risks
Bloomberg - There will be pressure on the yen to rise as traders unwind carry trades,'' said Masanobu Ishikawa, general manager of foreign exchange at Tokyo Forex & Ueda Harlow Ltd., Japan's largest currency broker. ``The money market shows that uncertainty due

FOREX-Dollar falls on speculation of aggressive Fed cut
Reuters - NEW YORK, Dec 4 (Reuters) - The dollar fell against the yen and the euro on Tuesday on speculation the Federal Reserve could cut interest rates aggressively next week to calm market concerns over the credit turmoil and tightening liquidity. This

Canadian dollar falls after surprise BoC rate cut
Reuters - NEW YORK, Dec 4 (Reuters) - The Canadian dollar fell sharply on Tuesday after the Bank of Canada unexpectedly cut its benchmark interest rate, citing fallout from the U.S. subprime mortgage crisis. The U.S. dollar jumped to a near 11-week high of C$1

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