International Business News - Forex News http://www.ibtimes.com/rss/feed/forexlatestnews.rss All articles are copyrighted by IBTimes.com 120 30 http://www.ibtimes.com/rss/feed/forexlatestnews.rss http://www.ibtimes.com/images/top_logo_ibt2_3.gif Domestic investment in Indonesia inclined to 32.47 trillion rupiah in the 10 months to October compared with 15.88 trillion rupiah in the same period last year. Foreign investments in the first 10 moths of this year declined to $9.92 billion compared with $13.93 billion in a year earlier. http://www.ibtimes.com/articles/20091123/domestic-investment-in-indonesia-increased.htm http://www.ibtimes.com/articles/20091123/domestic-investment-in-indonesia-increased.htm Mon, 23 Nov 2009 19:55:00 EST Consumer confidence in South Korea came in at 113.0 in November compared with a previous 117.0 in October to record the first decline in eight months as a result of concerns about the strength of recovery in the world economy. The Bank of Korea decided to keep borrowing costs at the low record of 2.... http://www.ibtimes.com/articles/20091123/consumer-confidence-in-south-korea.htm http://www.ibtimes.com/articles/20091123/consumer-confidence-in-south-korea.htm Mon, 23 Nov 2009 18:13:00 EST Recent inter-market correlations continued to play out and the equity market's gain was once again the US dollar's pain. Stock markets in the US jumped more than 1.3% in broad terms as St. Louis Fed President Bullard's comments of an easier Fed for longer couple with positive housing data continued to permeate the marketplace. http://www.ibtimes.com/articles/20091123/todays-market-update-session.htm http://www.ibtimes.com/articles/20091123/todays-market-update-session.htm Mon, 23 Nov 2009 17:44:09 EST US Existing Home Sales rose unexpectedly to 10.1% or 6.10 million; better than the forecasted reading of 2.3% or 5.70 million and the prior revised reading of 8.8% or 5.54 million from 9.4% or 5.57 million. http://www.ibtimes.com/articles/20091123/us-existing-home-sales-inclining-hellip.htm http://www.ibtimes.com/articles/20091123/us-existing-home-sales-inclining-hellip.htm Mon, 23 Nov 2009 10:07:00 EST The Mexican peso firmed 0.50 percent to 13.0080 per dollar Monday morning as the greenback lost ground against a basket of currencies. http://www.ibtimes.com/articles/20091123/mexican-peso-firms-as-dollar-weakens-vs-currencies.htm http://www.ibtimes.com/articles/20091123/mexican-peso-firms-as-dollar-weakens-vs-currencies.htm Mon, 23 Nov 2009 08:47:54 EST Canada\'s Retail Sales for September rose to 1.0%; better than the forecasted reading of 0.6% and inline with the prior revised reading of 1.0% from 0.8%, while the Retail Sales Less Autos climbed to 1.1%, which is better than the expected reading of 0.4% and the prior revised reading of 0.7% from 0.... http://www.ibtimes.com/articles/20091123/canada-retail-sales-inclining-hellip.htm http://www.ibtimes.com/articles/20091123/canada-retail-sales-inclining-hellip.htm Mon, 23 Nov 2009 08:36:00 EST The dollar fell broadly on Monday, hitting a six-week low against the yen after dovish comments from a U.S. Federal Reserve official reinforced the view that U.S. interest rates would stay low for a long time. http://www.ibtimes.com/articles/20091123/dollar-suffers-on-rate-view-after-fed-comments.htm http://www.ibtimes.com/articles/20091123/dollar-suffers-on-rate-view-after-fed-comments.htm Mon, 23 Nov 2009 08:27:05 EST The Canadian dollar was firmer on Monday ahead of key Canadian retail sales data, helped by stronger equity and commodity prices, including a record level for gold, and broad-based U.S. dollar weakness. http://www.ibtimes.com/articles/20091123/canada-fx-debtrises-on-gold-as-retail-sales-data-awaited.htm http://www.ibtimes.com/articles/20091123/canada-fx-debtrises-on-gold-as-retail-sales-data-awaited.htm Mon, 23 Nov 2009 08:18:52 EST Britain's top share index was up 1.7 percent at midday on Monday, fuelled by strength in miners and energy stocks thanks to firmer commodity prices, while improved risk appetite also boosted banks. http://www.ibtimes.com/articles/20091123/ftse-gains7-pct-fuelled-strong-commods.htm http://www.ibtimes.com/articles/20091123/ftse-gains7-pct-fuelled-strong-commods.htm Mon, 23 Nov 2009 08:04:43 EST U.S. stock index futures rose about 1 percent on Monday, looking to snap a three-session losing streak as commodity and natural resource stocks gained on a falling U.S. dollar. http://www.ibtimes.com/articles/20091123/us-stocks-futures-after-bullard-comment-weak-dollar.htm http://www.ibtimes.com/articles/20091123/us-stocks-futures-after-bullard-comment-weak-dollar.htm Mon, 23 Nov 2009 08:01:57 EST FX Highlights The USD is trading lower to start the week as equity markets surge, gold trades at a new record high and the Fed's Bullard says he favors extending MBS purchases beyond Q1 2010, Bullard's statement encourages speculation that the Fed will maintain stimulus measures, EUR supported by im... http://www.ibtimes.com/articles/20091123/us-morning-notes-usd-lower-fedbullard-calls-for-extension-of-mbs-buys.htm http://www.ibtimes.com/articles/20091123/us-morning-notes-usd-lower-fedbullard-calls-for-extension-of-mbs-buys.htm Mon, 23 Nov 2009 08:00:00 EST The dollar fell broadly on Monday after dovish comments from a U.S. Federal Reserve official added weight to expectations that U.S. monetary policy would stay ultra-loose for a prolonged period. http://www.ibtimes.com/articles/20091123/dollar-falls-broadly-on-dovish-fed-comments.htm http://www.ibtimes.com/articles/20091123/dollar-falls-broadly-on-dovish-fed-comments.htm Mon, 23 Nov 2009 06:51:21 EST Euro zone PMI manufacturing for November advanced reading at 51.0 from the previous 50.7 which is lower than the expected 51.2, PMI services were also released for the same time period at 53.2 higher than the previous 52.6 and better than the projected 52.9.For more news today, PMI composite for Nov... http://www.ibtimes.com/articles/20091123/euro-zone-services-and-manufacturing-inch-higher.htm http://www.ibtimes.com/articles/20091123/euro-zone-services-and-manufacturing-inch-higher.htm Mon, 23 Nov 2009 04:11:00 EST Germany PMI manufacturing for November advanced reading at 52.0 higher than the prior and projected readings of 51.0 and 51.6 respectively while PMI services rose to 51.5 from 50.7 which beat the expected 51.2. http://www.ibtimes.com/articles/20091123/germany-pmi-manufacturing-and-services-improve.htm http://www.ibtimes.com/articles/20091123/germany-pmi-manufacturing-and-services-improve.htm Mon, 23 Nov 2009 03:43:00 EST France released its PMI manufacturing for the month of November preliminary reading coming in at 54.2 lower than the advanced 55.6 and expected 56.0 while PMI services were also released at 60.4 higher than both the advanced and projected readings of 57.7 and 57.8. http://www.ibtimes.com/articles/20091123/france-pmi-manufacturing-and-services.htm http://www.ibtimes.com/articles/20091123/france-pmi-manufacturing-and-services.htm Mon, 23 Nov 2009 03:24:00 EST Switzerland M3 money supply for year ending in October at 7.7% inline with revised prior 7.7% from 7.8%. http://www.ibtimes.com/articles/20091123/switzerland-m3-money-supply.htm http://www.ibtimes.com/articles/20091123/switzerland-m3-money-supply.htm Mon, 23 Nov 2009 03:11:00 EST Consumer prices in Singapore declined 0.8% in October from a year earlier following a decline by 0.4% and it was anticipated to meet the same prior reading. Consumer prices gained 0.6% on monthly basis coming after a decline by 0.14% and it came less than the forecasted 0.8%. http://www.ibtimes.com/articles/20091123/consumer-prices-in-singapore.htm http://www.ibtimes.com/articles/20091123/consumer-prices-in-singapore.htm Mon, 23 Nov 2009 01:06:00 EST Thailand\'s gross domestic product expanded 1.3% in the third quarter compared with a previous expansion by 2.3% that was revised to 2.2%, and forecasts referred to 2.3%. On yearly basis, Thailand economy shrank 2.8% in 3Q following a contraction by 4.9%, while it was anticipated to shrink 3.2%. http://www.ibtimes.com/articles/20091122/thailands-gdp.htm http://www.ibtimes.com/articles/20091122/thailands-gdp.htm Sun, 22 Nov 2009 22:05:00 EST International pressure on China to lift the value of its yuan against the dollar could stoke risks to growth in 2010, an economist at a top state thinktank has said, warning of a deepening dilemma facing currency policy. http://www.ibtimes.com/articles/20091122/beijing-nov-22-reuters-international-pressure-on-china-lift-value-its-yuan-against-dollar-could-stok.htm http://www.ibtimes.com/articles/20091122/beijing-nov-22-reuters-international-pressure-on-china-lift-value-its-yuan-against-dollar-could-stok.htm Sun, 22 Nov 2009 09:15:52 EST The U.S stocks end this week closing in red despite the current gains in health-care and consumer shares as fears are spread throughout overall markets concerning a global recovery while that huge U.S huge high-tech corporation; Dell Inc, posted its earnings that came in worse than forecasts, report... http://www.ibtimes.com/articles/20091120/us-stock-market.htm http://www.ibtimes.com/articles/20091120/us-stock-market.htm Fri, 20 Nov 2009 16:16:00 EST