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Malaysia's c.bank reserves at $134.1 bln on Jan 31

David Ogden — Thu Feb 09, 2012 11:00 am

Author: David Ogden

Posted: Thu Feb 09, 2012 11:00 am

The Malaysian central

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Source: XE Forex News: Foreign Exchange
Foreign Exchange

Kenya cbank seeks to mop up $24 mln through repos

David Ogden — Thu Feb 09, 2012 11:00 am

Author: David Ogden

Posted: Thu Feb 09, 2012 11:00 am

Kenya's central bank said on Thursday it was in the market to mop up 2 billion shillings ($24.14 million) though repurchase agreements, a day after it absorbed 10 billion shillings, a move which was seen to defend the shilling.

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Source: XE Forex News: Foreign Exchange
Foreign Exchange

TABLE-UK Dec trade deficit narrows more than forecast

David Ogden — Thu Feb 09, 2012 11:00 am

Author: David Ogden

Posted: Thu Feb 09, 2012 11:00 am

The Office for National Statistics issued the following data (in billion pounds, previous data in brackets) on Thursday:

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Source: XE Forex News: Foreign Exchange
Foreign Exchange

UPDATE 1-India's c/a deficit seen widening as exports strug

David Ogden — Thu Feb 09, 2012 11:00 am

Author: David Ogden

Posted: Thu Feb 09, 2012 11:00 am

India's current account deficit is on track to reach 3.5 percent of GDP in the fiscal year ending in March, its worst in at least eight years, because of a widening trade shortfall, a top government official said on Thursday.

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Source: XE Forex News: Foreign Exchange
Foreign Exchange

Rouble firms on oil, VTB up on share buy back

David Ogden — Thu Feb 09, 2012 11:00 am

Author: David Ogden

Posted: Thu Feb 09, 2012 11:00 am

The rouble continued firming in early trade on Thursday, underpinned by investors' interest in carry trade opportunities and strong oil prices while VTB stock rose in line with the broader market after it said it would buy back shares from small...

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Source: XE Forex News: Foreign Exchange
Foreign Exchange

FOREX: Euro May Not Rise on Greek Accord, Pound Braces for

admin — Thu Feb 09, 2012 11:00 am

Author: admin

Posted: Thu Feb 09, 2012 11:00 am

The Euro may find it hard to produce lasting gains even after a deal is reached on the second Greek bailout. The Pound faces pressure from an expansion of QE.

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Source: DailyFX - Forex Market News
Forex Market News

INSTANT VIEW 3-Indonesia cbank in surprise 25 bps rate cut

David Ogden — Thu Feb 09, 2012 7:00 am

Author: David Ogden

Posted: Thu Feb 09, 2012 7:00 am

Indonesia's central bank unexpectedly cut its benchmark overnight rate by 25 basis points to a record low 5.7 5 percent on Thursday after keeping it steady the past two months, a move aimed at maintaining strong growth in Southeast Asia's largest...

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Source: XE Forex News: Foreign Exchange
Foreign Exchange

Euro extends gains, hits 2-month highs

David Ogden — Thu Feb 09, 2012 7:00 am

Author: David Ogden

Posted: Thu Feb 09, 2012 7:00 am

The euro hit two-month highs against both the dollar and the yen on Thursday, supported by hopes that Greece was inching closer to clinching a bailout deal even though Athens stopped short of signing off on austerity measures.

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Source: XE Forex News: Foreign Exchange
Foreign Exchange

Indonesia cbank says to keep strengthening policy mix

David Ogden — Thu Feb 09, 2012 7:00 am

Author: David Ogden

Posted: Thu Feb 09, 2012 7:00 am

Indonesia's central bank said it will anchor inflation expectations at its target range of 3.5-5.5 percent in 2012 and continue to use a mixture of policy responses as it focuses on supporting growth.

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Source: XE Forex News: Foreign Exchange
Foreign Exchange

South African Markets - Factors to watch on Feb 9

David Ogden — Thu Feb 09, 2012 7:00 am

Author: David Ogden

Posted: Thu Feb 09, 2012 7:00 am

The following company announcements, scheduled economic indicators, debt and currency market moves and political events may affect South African markets on Thursday.

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Source: XE Forex News: Foreign Exchange
Foreign Exchange

TABLE-Kazakh tenge rises to 148.49 per dollar

David Ogden — Thu Feb 09, 2012 7:00 am

Author: David Ogden

Posted: Thu Feb 09, 2012 7:00 am

The weighted average of the Kazakh tenge rose to 148.49 per dollar on the Kazakhstan Stock Exchange from 148.59 in the previous session.

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Source: XE Forex News: Foreign Exchange
Foreign Exchange

China Inflation Data Puts Government in Uncomfortable Posit

admin — Thu Feb 09, 2012 7:00 am

Author: admin

Posted: Thu Feb 09, 2012 7:00 am

China’s stress of having to deal with a cooling economy has increased on Thursday after CPI readings came out a good deal higher than expected …

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Source: DailyFX - Forex Market News
Forex Market News

Euro Refuses Trend after Greek Announcements, ECB Decision

admin — Thu Feb 09, 2012 7:00 am

Author: admin

Posted: Thu Feb 09, 2012 7:00 am

Though we are naturally skeptical of any deadlines or promises made on the account of a Greek bailout or bond swap, the news out of this previous session was more notable than what we have seen as of late.

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Source: DailyFX - Forex Market News
Forex Market News

UPDATE 1-FX Alliance prices IPO below range -underwriter

David Ogden — Thu Feb 09, 2012 3:00 am

Author: David Ogden

Posted: Thu Feb 09, 2012 3:00 am

FX Alliance Inc priced its initial public offering of common stock at $12 per share, below its expected price range, according to an underwriter.

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Source: XE Forex News: Foreign Exchange
Foreign Exchange

Japan PM calls for govt, BOJ cooperation on economy

David Ogden — Thu Feb 09, 2012 3:00 am

Author: David Ogden

Posted: Thu Feb 09, 2012 3:00 am

Japanese Prime Minister Yoshihiko Noda said on Thursday the government and the Bank of Japan need to work closely together and each take action to support the country's economy.

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Source: XE Forex News: Foreign Exchange
Foreign Exchange