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Currency trading jumps 20 per cent
Global currency trading has soared by more than a fifth over the past three years to $4 trillion a day. This was largely driven by a 48 per cent jump in turnover of spot transactions which rose to $1.5 trillion in April 2010, from $1 trillion in 2007.
Read more...Ringgit Opens at 13-Year High on Strong Demand for Local Currency
KUALA LUMPUR, 6 SEPT, 2010: The ringgit opened 13-year fresh high against the US dollar in early trading today on strong demand for the local currency, dealers said.
Read more...Tom Pappalardo: Gold & Silver Trading Biggest Scam in History Financial Armageddon Could Result
For those with a good memory this is the promised follow up to my piece on the manipulation of the silver market and its very...
Read more...IG Markets: The Week Ahead Economic Diary 6/9/2010
The Week Ahead from IG Markets keeps you in touch with scheduled events in the financial markets for the coming week. Data highlighted in red is likely to have a higher influence on index, equity or currency markets.
Read more...Palm Oil Rally to Increase Demand for Rival Soybean Oil, Wilmar Adani Says
A rally in palm oil may cool demand for the world’s most used cooking oil and prompt some buyers to switch to soybean oil, according to Adani Wilmar Ltd. , India’s second-biggest importer of vegetable oils.
Read more...FTSE 100 closes higher
London shares climbed on Monday as investors further digested last week's better-than-expected US jobs data which reduced prospects of a return to recession.
Read more...London close: Footsie tops up gains
LONDON (SHARECAST) - Footsie consolidated last week’s strong performance with another day of gains, though trading was subdued with the US closed. Telecoms group Cable & Wireless Worldwide was the best performer on a weekend report Singapore Telecom is eyeing up the telephony group.
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