Archive for January 22nd, 2009
Yen Climbs Toward Record High Versus Pound on U.K. Bank Concern
By Ron Harui
Jan. 22 (Bloomberg) — The yen rose toward a record high against the pound on speculation the deepening financial crisis will force the U.K. government to nationalize banks.
Posted: January 22nd, 2009 under News.
Tags: Bank of England, Bank of New York, currency, Dollar, Euro, Foreign-exchange market, Pound, Royal Bank of Scotland, Yen
Comments: none
Australian, New Zealand Dollars Advance as Equities Rebound
By Candice Zachariahs
Jan. 22 (Bloomberg) — The Australian and New Zealand dollars advanced for the first time in three days as a rebound in U.S. stocks fueled speculation investors will be keener to purchase higher-yielding assets.
Posted: January 22nd, 2009 under News.
Tags: Australian Dollar, Commonwealth Bank of Australia, currency, New Zealand Dollar, U.S. dollar
Comments: none
Canada’s Dollar Rises From Six-Week Low as Crude Oil Advances
By Chris Fournier
Jan. 21 (Bloomberg) — Canada’s dollar rose from a six-week low against its U.S. counterpart as an advance in crude oil prices increased the currency’s appeal.
Posted: January 22nd, 2009 under News.
Tags: Canada's dollar, Comodity Price Index, currency, Royal Bank of Canada, U.S. dollar
Comments: none
Buy Euro Versus Swiss Franc on Central Bank Sales, Goldman Says
By Candice Zachariahs and Matthew Brown
Jan. 22 (Bloomberg) — Investors should buy the euro against the franc after Swiss National Bank Vice President Philipp Hildebrand signaled officials may sell their currency to curb its appreciation, Goldman Sachs Group Inc. said.
Posted: January 22nd, 2009 under News.
Tags: currency, Euro, Swiss Franc
Comments: none
Indian Rupee to Extend Losses as Volatility Rebounds, BNP Says
By Anil Varma
Jan. 22 (Bloomberg) — Volatility in India’s rupee will rebound from a four-month low as the currency declines on sales of the nation’s assets by overseas funds, BNP Paribas SA said.
Posted: January 22nd, 2009 under News.
Tags: Asian Currencies, currency, Dollar, exchange-rate, India's Rupee, Royal Bank of Scotland
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