Finotec Group, Inc. announces World Forex Trading Contest (CNW Group via Yahoo! Finance)
Finotec Group, Inc. , an on-line foreign exchange company whose UK subsidiary, Finotec Trading UK Limited, is regulated by the FSA in the United Kingdom, has announced its World Forex Trading Contest.

Forex Technicals: The Day Ahead, August 28 (Daily FX via Yahoo! Finance)
Short term patterns indicate that the US dollar is likely to weaken on balance for the rest of the week.

India's Forex Reserves Optimal, Says IMF (Nasdaq)
(RTTNews) - Tuesday, India's foreign exchange reserves are above optimal level at $286 billion according to a recent International Monetary Fund-IMF study, reported the media. It pointed out that the forex accumulation decreased external weakness and the risk of financial corruption.

Dollar May Finally Break Its Range With The GDP Release (Forex Video) (Daily FX via Yahoo! Finance)
After two weeks of congestion, the US 2Q GDP revision numbers will bring volatility and the potential for renewed trends.

India's forex reserves above optimal level, says IMF (Hindustan Times)
India's foreign exchange reserves at around $286 billion are much above the optimal level, said a recent IMF study, pointing out that forex accumulation has reduced external vulnerabilities and decreased the risk of financial contagion.

India's forex reserves above optimal level: IMF (The Hindu)
NEW DELHI: The country’s foreign exchange reserves at around $286 billion are much above the optimal level, said a recent IMF study, pointing out that forex accumulation has reduced external vulnerabilities and decreased the risk of financial contagion.

FOREX: Ringgit Opens Firmer Against US Dollar (Bernama)
KUALA LUMPUR, Aug 28 (Bernama) -- The ringgit opened higher against the US dollar today amid the weaker greenback in overseas markets, dealers said. At 9.00 am, the ringgit was stronger against the US dollar at 3.3770/3800 from yesterday's 3.3800/3830.

S Korea Government:Spent Around $10 Billion In Forex Market Intervention July (Nasdaq)
SEOUL -(Dow Jones)- South Korea's vice finance minister admitted that the government has recently spent a huge volume of dollars to support the weakening local currency by intervening in the foreign exchange market.

(AFX UK Focus) 2008-08-28 06:59 FOREX-Dollar slips against euro on ECB remarks, oil (Interactive Investor)
TOKYO, Aug 28 (Reuters) - The dollar slipped from a six-month high against the euro on Thursday after comments by European Central Bank officials the previous day scaled back speculation about an ECB rate cut.

FOREX-U.S. dollar slides as ECB revives rate hike talk (Reuters via Yahoo! Singapore News)
* Euro rebounds from 6-month lows versus dollar