Friday, May 8, 2009

Top Forex news From all Over the World


Russian Ruble Rises as Oil Hits Six-Month High:
The Russian Stock Market posted a week of gains as the price of oil is rose,Pushed by rising demand in Asia.


Dollar Slides Against Euro Before U.S. Job Reports:
The dollar has posted its third week of losses against the euro, mainly due improved world financial conditions, shrinking demand for refuge currencies.



Euro Rises Slightly After ECB Interest Rate Cut:
The Euro has a slight aginst the dollar after the European Central bank cut is bechmark interest rate to 1 percent, arecord low for European economic bloc.


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