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Tag: Commerzbank AG

Euro Trades Near 10-Week Low on Bets Europe’s Turmoil to Worsen

By Ron Harui and Yasuhiko Seki
Feb. 18 (Bloomberg) — The euro traded near a 10-week low against the dollar on concern the region’s banks will disclose increasing losses due to the deepening financial crisis in central and eastern Europe.

Australian Dollar May Drop to Record Versus Yen: Chart of Day

By Ron Harui and Candice Zachariahs
Jan. 27 (Bloomberg) — Australia’s dollar may fall to its weakest level against the yen as Japan’s deepening recession pushes the Nikkei 225 Stock Average toward a 26-year low.

Pound Gains Versus Dollar as Waning Risk Aversion Boosts Stocks

By Matthew Brown
Dec. 8 (Bloomberg) — The pound rose the most against the dollar in more than five weeks as gains in stock markets around the world eroded appetite for the U.S. currency as a haven.