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Yuan Trading Against Ruble Said to Start Within Weeks
China may start yuan trading versus the Russian ruble within weeks, seeking to encourage use of its currency for global trade instead of the dollar, according to three bankers with knowledge of the matter.
Read more...Euro currency at 3-week high
The euro currency rose to 1.2918 to the U.S. dollar, its highest since August 12, helped by Asian central banks (excluding Japan) converted U.S. dollars into euros. European shares trading was subdue...
Read more...FXPro Share Sale May Value Currency Trader at $309 Million, Times Reports
FXPro , a currency trading company, is expected to announce its plan to list on a London stock market tomorrow, which may raise 60 million pounds ($93 million) for its owners, the Sunday Times reported, without saying where it got the information.
Read more...Japanese Market Plunges On Stronger Yen, Weak Wall Street Cues
The Japanese market ended Wednesday's trading session sharply lower as the local currency yen strengthened against the US dollar to a new 15-year high. Weak closing on Wall Street in the previous session amid fresh concerns about the health of the European banks also impacted market sentiment. Exporters, machinery stocks, banks and mining stocks led the decline as fresh concerns about the ...
Read more...Japan, China, Thailand, Malaysia, Philippines: Asia Bond, Currency Preview
The following events and economic reports may influence trading in Asia’s local bonds and currencies today. Bond yields and exchange rates are from the previous trading session unless stated otherwise.
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