Currency Trading

Sterling to cut work force by up to 22 percent (Galveston County Daily News)

July 20th, 2008

TEXAS CITY — Sterling Chemical this week said it would begin reducing its work force at its local plant by up to 22 percent.

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Bob Shallit: Sterling Hotel and Chanterelle Restaurant are closing; Vizcaya B&B and meeting center will stay open (The Sacramento Bee)

July 20th, 2008

The longtime owner of downtown’s historic Sterling Hotel and Chanterelle restaurant is closing the businesses next month – citing a tough economy. Sandi Wasserman, in the penthouse suite of the Sterling Hotel, says she will close the hotel and Chanterelle restaurant on Aug. 16. She blames the down economy. The Vizcaya B&B and events center on 21st Street, pictured, will remain …

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Yen Yen considering going for a top three post (The Star)

July 20th, 2008

PETALING JAYA: Wanita MCA chief Datuk Dr Ng Yen Yen is considering going for one of the top three posts in the coming party elections. “I will be going for a higher post, but what post, I am not sure yet.

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Dollar slips against euro , yen; rises vs pound (AP via Yahoo! Finance)

July 20th, 2008

The dollar drifted lower against the euro and yen Friday after the European Central Bank’s president said inflation would edge back to around 2 percent within a year-and-a-half, and economic growth was likely to pick up.

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Singapore dollar falls to 2-day low against European currency (Nasdaq)

July 19th, 2008

(RTTNews) - In early deals on Friday, the Singapore dollar traded lower against the European currency. Currently, the local dollar is trading at a 2-day low of 2.1482, dropped from a recent high of 2.1385. The pair closed Thursday’s New York deals at 2.1447.

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Dollar higher against euro in late trading (AP via Yahoo! Finance)

July 19th, 2008

The dollar inched higher against the euro late Thursday night in New York. The 15-nation currency traded at $1.5820, down from $1.5828 in late afternoon trading.

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