Forex - US Currency Gains Slightly Versus Franc [USD/CHF]

August 27th, 2007

Forex - US Currency Gains Slightly Versus Franc [USD/CHF]
Forex - Dollar Sees Directionless Trading Versus Pound [GBP/USD] 8/27/2007 4:05:10 AM The US currency drifted lower against the sterling in early Asian deals on Monday and the pair fetched as low as 2.0189 compared to Friday’s New York session close of 2.0130. However the dollar reversed the losses toward the end of the Asian deals but fell back again in the early European deals.

Mon, 27 Aug 2007 00:00:00 EST
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Tue, 28 Aug 2007 00:51:00 GMT
Open Question: Union of Middle-Eastern Countries?
Heard from a Bird from Middle East (Read : Jordan), that the talk on the streets is of a Union of Arab Nations on similar fashion as European Union, with Single Middle-Eastern Currency and open borders and trade for member nations.
Is this something that the Arab countries are capable of? Or are we ready if there is such union to come to existence?
So Far only Thomas M sees this a possiblity and I do agree with him if the Arabs can read his reply also, we can have a safer world.

Mon, 27 Aug 2007 18:09:00 GMT


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