May 18 (Bloomberg) — The yen rose against the dollar and the euro after China’s central bank raised interest rates for a second time this year and widened the yuan’s daily trading limit against the U.S. currency.
China on Friday widened the daily trading limit for the yuan against the U.S. dollar, a move that would allow its currency to appreciate faster ahead of what are expected to be contentious talks in Washington on China’s soaring trade surplus.
May 18 (Bloomberg) — China widened the yuan’s daily trading limit against the U.S. dollar, allowing faster gains in the currency to cool the economy and cut a record trade surplus that has strained ties with the U.S. and Europe.
NEW YORK (MarketWatch) — The yen rose against the dollar Friday after China’s central bank took steps to widen the yuan’s trading band, and lift interest rates and bank reserve requirements in an effort to ease pressure from disgruntled trading partners such as the United States.
The United States on Friday urged China to allow even greater flexibility of its currency following Beijing’s decision to widen the trading band of the yuan.
With 4X Made Easy®, currency traders can trade through integrated broker who offers spreads as low as 1/10 of PIP. Used in conjunction with integrated broker MB Trading, program provides execution system that incorporates multiple bank feeds, which display liquidity directly on system. Software tracks real-time buying and selling pressure of up to 17 currency pairs, displaying these pressures in …
International Business Machines Corp., the world’s biggest provider of computer services, said earnings may rise 80 percent over the next three years as software sales generate a bigger percentage of profit.
IBM has embarked on another stage in its transformation by pledging to derive half of its profits from software and double its revenues in emerging markets to $US9 billion ($11billion) by the end of the decade.
Microsoft Corp.’s agreement to buy online advertising firm aQuantive Inc. dominated Friday’s premarket trading session as the software maker offered a steep premium in the deal.
STAMFORD, Conn.—-TradeCapture, Inc., the premier global developer of cutting edge trading and risk management software solutions announced today that Energy Risk Magazine has named the company as the winner of the 2007 “Software House of the Year” Award.
Powered by WordPress