Daily Forex News
 
Daily World Currencies News from London
Friday 25th of July 2008
March 30, 2007

US dollar weaker on tariffs decision

Story link: US dollar weaker on tariffs decision


US dollar weaker on tariffs decision

The US dollar weakened on Friday on the news that the US will charge duties for coated paper imports from China. This was a reversal of a policy that exempted subsidized goods from non-market economies from tariffs. While some analysts felt that the reaction of the currency markets to the announcement was exaggerated, […]



March 29, 2007

Euro gains on US dollar, sterling but declines versus zloty

Story link: Euro gains on US dollar, sterling but declines versus zloty


Euro gains on US dollar, sterling but declines versus zloty

The yen weakened on Thursday after equities markets in the Asian region returned to gains after widespread declines on Wednesday. Falling markets yesterday, combined with nervousness over the ongoing standoff between Iran and the UK over the capture of 15 British sailors last week led to an exodus from risk that had helped the […]



Property Sales for Cash

Story link: Property Sales for Cash


Property Sales for Cash

There are many reasons why you may be looking for a quick property sale, such as simply looking to move house, or because of serious debt issues.
If so, in times when the property market is slow or even in recession, it can take an agonising length of time to sell your home. Even in […]



March 28, 2007

Yen strengthens on investor nervousness

Story link: Yen strengthens on investor nervousness


Yen strengthens on investor nervousness

The Japanese yen was significantly stronger on Wednesday after reports, which were quickly denied by the United States, that some sort of military exchange had taken place between Iran and the US in the Persian Gulf. Even though the report turned out to be false, investors were nervous enough to exit risky investments such […]



March 27, 2007

Lower consumer confidence hurts US dollar

Story link: Lower consumer confidence hurts US dollar


Lower consumer confidence hurts US dollar

At mid-afternoon in New York the US dollar remained weaker in relation to the euro and the yen after new consumer confidence data was worse than had been anticipated. The US currency was 0.1 percent lower to ¥117.91 against the yen, while it dropped 0.2 percent to $1.2252 versus the euro.
The Conference Board’s monthly […]



March 26, 2007

US dollar weakens on slow home sales

Story link: US dollar weakens on slow home sales


US dollar weakens on slow home sales

The US dollar weakened on Monday after new figures from the Commerce Department showed that the sale of new homes dropped by 3.9 percent in February. It was the worst month for new home sales since August 2000. The news, which disappointed after data last week showing that existing home sales were better […]



March 23, 2007

US dollar mixed on week

Story link: US dollar mixed on week


US dollar mixed on week

The Japanese yen weakened considerably this week as Tokyo equities markets advanced after the US Federal Reserve decided on Wednesday to hold interest rates at 5.25 percent. The yen wasn’t even helped by new data showing that real estate prices were up by an annualized 0.4 percent in January, the first gain in property […]



March 22, 2007

Sterling strengthens on retail sales data

Story link: Sterling strengthens on retail sales data


Sterling strengthens on retail sales data

By early afternoon in New York on Thursday, the US dollar had risen slightly in relation to the yen, euro, and sterling. The greenback had weakened on Wednesday afternoon after the US Federal reserve voted to keep interest rates at 5.25 percent and omitted any language that would indicate it is ready to raise […]



March 21, 2007

Fed decision sends greenback lower

Story link: Fed decision sends greenback lower


Fed decision sends greenback lower

The US dollar added 0.2 percent to ¥117.50 against the yen after declines on Tuesday that were caused mainly by strengthen in the yen on reports that China would not continue to accumulate currency reserves. Analysts downplayed those reports, saying that they likely simply meant that Beijing was creating an investment management agency.
Otherwise the […]



March 20, 2007

Yen strengthens on China comments

Story link: Yen strengthens on China comments


Yen strengthens on China comments

The Japanese yen was stronger by midafternoon in New York after the head of China’s central bank was reported to have said that his nation will stop stockpiling foreign exchange reserves, now at over $1,000 billion due mostly to China’s huge trade surplus. Because the yen is not a big part of China’s reserve […]



March 19, 2007

Euro candidate currencies gain on shared currency

Story link: Euro candidate currencies gain on shared currency


Euro candidate currencies gain on shared currency

After gaining early in the session after China raised its interest rates on borrowing and lending by 27 basis points over the weekend, the Japanese yen weakened later in the session on gains by Asian equities markets. The yen dropped 0.5 percent to ¥156.30 versus the euro, while it fell 0.7 percent against the […]



March 15, 2007

Fitch downgrades Icelandic krona

Story link: Fitch downgrades Icelandic krona


Fitch downgrades Icelandic krona

The Japanese yen was weaker on Thursday as equities markets gained ground. The yen has risen with the faltering fortunes of equities markets recently as investors rush to decrease their exposure to risky investments. The yen dropped 0.3 percent against both the US dollar and sterling, to ¥117.40 and ¥227.10 respectively, while it […]



March 13, 2007

US dollar weakens on retail sales data

Story link: US dollar weakens on retail sales data


US dollar weakens on retail sales data

The US dollar was weaker on Tuesday after new data showed that retail sales were up by just 0.1 percent in February, against expectations that sales would grow by 0.3 percent. While some analysts said that it wasn�t wise to read too much into the numbers, but others were not convinced that the slow […]



March 8, 2007

Rate decisions in UK, Eurozone, dont help sterling, euro

Story link: Rate decisions in UK, Eurozone, dont help sterling, euro


Rate decisions in UK, Eurozone, dont help sterling, euro

The yen was in focus again in global currencies markets as it weakened as equities markets made gains after recent declines. The Japanese currency dropped 0.6 percent to �153.95 versus the euro, while it fell 1.1 percent to �117.30 against the US dollar. Larger declines came as the yen was 1.4 percent lower […]



March 5, 2007

Yen strengthens versus euro, sterling

Story link: Yen strengthens versus euro, sterling


Yen strengthens versus euro, sterling

The Japanese yen strengthened again on Monday as investors continued to exit risky carry trades, looking for investments that are more secure. Analysts said that investors are not yet panicked, but that it could start looking to investors like October 1998, when carry trades unwound and the dollar/yen collapsed by �18 in two days.
The […]




[Most Recent Exchange Rate from www.kitco.com] [Most Recent Exchange Rate from www.kitco.com]
[Most Recent Exchange Rate from www.kitco.com] [Most Recent Exchange Rate from www.kitco.com]
[Most Recent Exchange Rate from www.kitco.com] [Most Recent Exchange Rate from www.kitco.com]
[Most Recent Exchange Rate from www.kitco.com] [Most Recent Exchange Rate from www.kitco.com]
[Most Recent Exchange Rate from www.kitco.com] [Most Recent Exchange Rate from www.kitco.com]
[Most Recent Exchange Rate from www.kitco.com] [Most Recent Exchange Rate from www.kitco.com]