Archive for February 21st, 2008

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Thursday, February 21st, 2008

Some companies review their FX policies quarterly, some half-yearly, some annually at board level, while others call an emergency meeting if market changes have been so great that a policy review is required. "If the currency's currently sitting at 61.5c [NZc/USD] and you're an exporter, don't go and price your ...

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Thursday, February 21st, 2008

Because of higher housing prices and increased consumer confidence, the Bank of England was widely expected to temper rejuvenated economic growth with an interest rate hike at its meeting on Nov. 9. And it did, boosting the bank rate 25-basis points to 5.0%. That same week, the Reserve Bank of ...

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Thursday, February 21st, 2008

Open Question: where do the interest rates come from in currency (forex) pairs? ive found this interesting, but cannot find the information. It would be beneficial so I can compare values of what the market prices the currency and the direction the interest rates are heading. All of that affects the value ...

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Thursday, February 21st, 2008

Managing foreign exchange risk is a potentially daunting task and not one for the fainthearted. Or is it?

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Thursday, February 21st, 2008

The order under discussion costs $100 and the selling price was arrived at by adding 20% to R622, i.e. R750. The discount rate used in the figures below was 10% p.a. If you would like to receive the spread sheet with all the formulas, calculations and journal entries (they are ...

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Thursday, February 21st, 2008

GROWTH DATA Growing production and payrolls are good indicators of a healthy economy. However, if unchecked, rapid growth can lead to inflation, which devalues a currency relative to others and which consumers experience as rising prices and decreased purchasing power. Vipul Kapoor, corporate trader and branch manager New Zealand at ...

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Thursday, February 21st, 2008

Currency trading for dummiesUS $7.00 (0 Bid) End Date: Thursday Feb-21-2008 14:23:50 PSTBid now | Add to watch list Mon, 18 Feb 2008 14:23:50 PSTForex News (Podcast and Text): GBP/USD Breaks Above 1.95 As UK Data Suggests BOE May Not Cut In MarchClick Link to Listen to our Morning DailyFX Radio ...