Tag: Economic crisis
Euro Slides to One-Week Low as EU Rejects East Europe Aid Call
By Ron Harui
March 2 (Bloomberg) — The euro fell to a one-week low against the dollar after European Union leaders rejected calls to back an aid package for eastern Europe, fueling concern the financial crisis will deepen the 16-nation region’s recession.
Posted: March 2nd, 2009 under News.
Tags: Asian stocks, Australia's dollar, currencies trading, currency, Currency Trading, Eastern Euroe's problems, Economic crisis, Euro, European Union, Financial crisis, Forex, Forex Market, Global Economy, Global Recession, Japan's currency, New Zealand Dollar, U.S currencies
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China sees risk from big US debt issuance-official
BEIJING, Feb 13 (Reuters) - Buying U.S. Treasury bonds is an option — but not the only option — for China, which is aware that huge debt issuance by Washington would reduce the value of China’s existing portfolio, a banking regulator said in remarks published on Friday.
Posted: February 13th, 2009 under News.
Tags: currency, Economic crisis, Foreign-Exchange, Forex, Global Economy, Global recesion, U.S government debt, U.S treasury
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