Tag: currency market
Bank Indonesia Will Stay in Currency Market to Boost Confidence
By Shamim Adam
March 5 (Bloomberg) — Bank Indonesia will remain in the currency market to boost confidence in the rupiah, Deputy Governor Hartadi Sarwono said.
Posted: March 5th, 2009 under News.
Tags: Bank Indonesia, Currencies, currency market, Currency Trading, Federal Reserve, Forex, Forex Trading, Indonesia, Rupiah
Comments: none
Australian, N.Z. Dollars Slip as Asia, U.S. Slumps Deepening
By Candice Zachariahs
Feb. 26 (Bloomberg) — The Australian and New Zealand dollars slid after government reports in Asia, Europe and the U.S. increased concerns the global recession is deepening.
Posted: February 26th, 2009 under News.
Tags: ANZ National Bank Ltd., Australian Dollar, currency, currency market, Currency Trading, Euro, G7, Global Recession, Group o Seven, N.Z. Dollar, RBC Capital Markets Ltd.
Comments: none
U.K. Pound Most at Risk as Banks Cut Rates, Merrill Lynch Says
By Lukanyo Mnyanda
Dec. 17 (Bloomberg) — The pound may be most at risk among major currencies as the economic slump forces central banks to follow the example of the Federal Reserve, which cut its target interest rate to zero yesterday, Merrill Lynch & Co. said.
Posted: December 18th, 2008 under News.
Tags: Banks Cut Rates, Central Bank, currency market, Global Recession, Major currencies, U.K. Pound
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Australian, New Zealand Dollars Gain for Fourth Day on Rate Gap
By Candice Zachariahs
Dec. 18 (Bloomberg) — The Australian and New Zealand dollars advanced for a fourth day as investors bought the nations’ higher-yielding assets after the Federal Reserve cut interest rates to as low as zero on Dec. 16.
Posted: December 18th, 2008 under News.
Tags: Australian Dollar, Benchmark Interest, currency, currency market, Fed, Federal Reserve, Global Recession, greenback, New Zealand Dollar, Reserve Bank of Australia, Yield Gaps
Comments: none
Euro, Pound Fall as Traders Bet on ECB, BOE Interest-Rate Cuts
By Ron Harui and Stanley White
Dec. 4 (Bloomberg) — The euro declined against the dollar and the yen on speculation the European Central Bank will cut interest rates by half a percentage point today, reducing the appeal of assets denominated in the currency.
Posted: December 4th, 2008 under News.
Tags: Bank of England, Bank of New Zealand, bond, British Pound, Canada's dollar, currency, currency market, Euro, Euro-zone, European Central Bank, interest rates, Investor, Japan, political uncertainty, Recession, Yen
Comments: none
Mexican Peso Falls to One-Week Low on Economic Growth Concern
By Valerie Rota
Dec. 1 (Bloomberg) — Mexico’s peso slid to a one-week low as mounting evidence the global economic slump is deepening curbed demand for higher-yielding securities.
Posted: December 2nd, 2008 under News.
Tags: Ascencio, Banco de Mexico, Banco Santander, centavo, currency market, demand, full-blown recession, liquidity, long-term lending rates, Mexico's Peso, peso, Rally forecast, repurchase, speculators, specultion, Trading Commission, yielding securities
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