Tag: U.S. dollar
Dollar Heads for Weekly Advance on Bets Stimulus to Fall Short
By Ron Harui and Yasuhiko Seki
Feb. 13 (Bloomberg) — The dollar headed for a weekly advance against the euro and British pound on speculation a U.S. package to end the recession will fall short, spurring demand for the relative safety of the greenback and U.S. Treasuries.
Posted: February 13th, 2009 under News.
Tags: BNP paribas forecasts, British Pound, currency, Euro, Exchange-rate developments, Forex, Global Economy, Global Recession, Japanese investors, Japanese's yen, U.S economic, U.S. dollar
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FOREX-Dollar and yen supported as risk aversion flares
SYDNEY, Feb 11 (Reuters) - The U.S. dollar and the yen held onto hefty gains on Wednesday as risk aversion returned with a vengeance after Washington’s bank bailout package proved long on promises but short on specifics.
In early Asian trade, the euro was down at having fallen from a high of $1.3074 struck on Tuesday. [...]
Posted: February 11th, 2009 under News.
Tags: Asian trade, Australian Dollar, China's yen, credit market, currency, Forex, Global Economy, Global Recession, New Zealand Dollar, Swedish central bank, U.S. dollar, UK's uneployment
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Asian Currencies Decline, Led by Korean Won, on Risk Aversion
By Judy Chen
Feb. 11 (Bloomberg) — Asian currencies declined, led by South Korea’s won, on speculation that the U.S. bank rescue plan will fail to end the global financial crisis, sapping demand for emerging-market investments.
Posted: February 11th, 2009 under News.
Tags: Asian Currencies, Australia's biggest lender, currency, Forex, Global Economy, Global Recession, Industrial production, Trade ministry, U.S. dollar
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Australian, N.Z. Dollars Fall on Concern U.S. Plan Insufficient
By Candice Zachariahs
Feb. 11 (Bloomberg) — The Australian dollar fell the most in a month against the yen and New Zealand’s currency weakened as stocks slumped, damping demand for higher-yielding assets.
Posted: February 11th, 2009 under News.
Tags: ANZ National Bank Ltd., Australian consumer, Australian Dollar, BNP Paribas SA, China's Economy, currency, Forex, Global Economy, Global Recession, New Zealand 's currency, Societe Generale AustraliaLtd., U.S. dollar
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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
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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
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