FOREIGN MONEY EXCHANGE NEWS & INFORMATION
Wednesday, January 07, 2009
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LATEST FOREIGN MONEY EXCHANGE NEWS:

ECB Foreign Exchange Reference Rates - Jan 6
LONDON (Dow Jones)--Following are European Central Bank foreign exchange reference rates. All currencies are quoted against the euro.

Taiwan dollar rises on foreign funds, eyes c.bank
TAIPEI, Jan 7 (Reuters) - The Taiwan dollar rose on Wednesday, reversing a two-day losing streak as foreign funds pulled their money out of U.S. dollar holdings to invest in a rising local stock market.

(AFX UK Focus) 2009-01-07 04:52 HK dollar little changed, range trading seen
HONG KONG, Jan 7 (Reuters) - The following is a snapshot of the Hong Kong foreign exchange and money markets on Wednesday. Morning Previous Close At 0357 GMT At 0915 GMT

2 men indicted in currency scam that bilked 700
Two Montana men have been indicted on fraud charges for an investment scam that federal prosecutors say bilked more than 700 people with promises of never-lose trading techniques on the foreign exchange market. Richard Young, 49, of Lewistown, and William Willard, 65, of Bozeman, were indicted on charges of mail fraud, wire fraud, conspiracy, money laundering and engaging in money transactions ...

2 men indicted in currency scam that bilked 700
(By SANDRA CHEREB, Associated Press Writer) Two Montana men have been indicted on fraud charges for an investment scam that federal prosecutors say bilked more than 700 people with promises of never-lose trading techniques on the foreign exchange market. Richard Young, 49, of Lewistown, and William Willard, 65, of Bozeman, were indicted on charges of mail fraud, wire fraud, conspiracy, money ...

2 men indicted in currency scam that bilked 700
Two Montana men have been indicted on fraud charges for an investment scam that federal prosecutors say bilked more than 700 people with promises of never-lose trading techniques on the foreign exchange market.

Asia Money Managers Warm to Company Debt as Yields Shout `Buy'
Jan. 7 (Bloomberg) -- Asian corporate bonds, which plunged to record lows last year, are attracting money managers again as investors anticipating a glut of new sovereign paper switch out of lower yielding government securities.