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Managed Currency Trading News
CORRECT: China: Managed FX Reserve Currency, Asset Structure (The Forex Market)
The forex regulator said it "reasonably" managed the currency and asset structure of the forex reserves in 2008. ("China Regulator: To Step Up FX-Reserve Risk Management In '09," published at 1135 GMT, misstated the object of the regulator's management.)
Read more...Euro crosses $1.36 in European trading (AP via Yahoo! News)
The euro recovered some of its strength against the U.S. dollar Wednesday, rebounding from a three-week low and crossing $1.36 in early afternoon European trading.
Read more...Euro nears $1.36 in European trading (AP via Yahoo! News)
The euro recovered some of its strength against the dollar on Wednesday, rebounding from a three-week low and briefly crossing $1.36 in European trading before slipping back slightly.
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