Tag: ECB
Yen Drops for Third Day on Concern Japan’s Economy Is Worsening
By Yasuhiko Seki and Ron Harui
March 10 (Bloomberg) — The yen fell for a third day against the euro before government reports that analysts say will show Japan’s recession is deepening, reducing the appeal of the currency.
Posted: March 10th, 2009 under News.
Tags: Australian Dollar, Currencies, Currency Trading, Dollar, ECB, Euro, Forex, Forex Market, Forex Trading, Global Recession, New Zealand Dollar, Yen
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Asian Currencies: Won, Taiwan Dollar Advance on China Plans
By Lilian Karunungan and Patricia Lui
March 5 (Bloomberg) — South Korea’s won and Taiwan’s dollar led gains in Asian currencies as speculation China may unveil new plans to revive growth helped push up global equities.
Posted: March 5th, 2009 under News.
Tags: Asian Currencies, Asian stock, China Foreign Exchange Trade System, currency reserves, Currency Trading, Dollar, ECB, Euro, Forex, Forex Market, Forex Trading, Global Recession
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Euro Weakens on Speculation ECB Will Signal Further Rate Cuts
By Ron Harui and Theresa Barraclough
March 5 (Bloomberg) — The euro fell, snapping two days of gains versl
The euro also headed for a fourth weekly loss versus the dollar before a report from the European Union’s statistics officethat economists say will reiterate the region’s economy shrank the most in at least 13 years last quarter. The [...]
Posted: March 5th, 2009 under News.
Tags: Currencies, Currency Trading, Dollar, Dollar index, ECB, Euro, European Currency, Forex, Forex Trading, Global economic slowdown, Global Recession, greenback
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Dollar Trades Near Highest Level Since 2006 as Stocks Tumble
By Theresa Barraclough and Ron Harui
March 3 (Bloomberg) — The dollar traded near the strongest level since 2006 and the yen rose for a third day against the euro as stocks tumbled on concern the global recession is deepening, luring investors to the two currencies as a refuge.
Posted: March 3rd, 2009 under News.
Tags: Asia Pacific index, Asian stocks, British Pound, Canadian Dollar, Currencies, currency, Currency Trading, Dollar, Dollar index, Dow Jones Stoxx, ECB, Euro, European Union, Forex, Forex Trading, FX, Global Recession, greenback, Swedish krona, Swiss Franc, US Stocks
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Yen Gains on Speculation Exporters Buying After Weekly Loss
>By Ron Harui and Yasuhiko Seki
Feb. 6 (Bloomberg) — The yen rose against the dollar on speculation yesterday’s biggest drop in seven weeks encouraged local exporters to bring home some of their overseas earnings.
Posted: February 6th, 2009 under News.
Tags: Bank of England, currency, Dollar, ECB, Euro, European Central Bank, Forex, German Industrial Production, global market sales, Global Recession, National Australia Bank Ltd., SOciete Generale SA, The International Monetary Fund, U.K. Economy, U.S. Unemployment, Yen
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Euro Trades Near 2-Month Low on Eastern Europe Economic Concern
By Ron Harui and Molly Seltzer
Feb. 5 (Bloomberg) — The euro traded near a two-month low against the dollar on speculation the economic slump in Eastern Europe will cause the 16-nation region’s recession to deepen.
Posted: February 5th, 2009 under News.
Tags: Bank of England, British Pound, currency, Eastern Europe Economy, ECB, Euro, Euro-zone, European Central Bank, Federal Reserve, Forex, Global Economy Crisis, Global Recession
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