May 20, 2009

USD weaker on declining volatility

Story link: USD weaker on declining volatility

The US dollar weakened Wednesday on the possibility that economic conditions will promote investor interest in higher-yield currencies.
Declines for the greenback came as volatility in equities and currencies markets declined, with volatility indexes in both Chicago and in Europe at their lowest levels in 8 months.
In afternoon trade in New York, the dollar traded at […]

May 18, 2009

Yen weakens on comments, debt-level ratings

Story link: Yen weakens on comments, debt-level ratings

The Japanese yen weakened Monday on comments from Japan’s Vice Finance Minister that “excessive” moves by the currency could be bad for the nation’s economy and on a move by Moody’s Investors service to set both Japan’s local and foreign-currency debt levels at Aa2.
At just past 11 a.m. in New York, the yen traded at […]

May 6, 2009

US jobs report raises risk appetite

Story link: US jobs report raises risk appetite

The US dollar was weaker in relation to the Australian dollar Wednesday after a private report said that the US lost fewer jobs last month than had been expected, making investors more confidence in seeking out risky trades for higher-yielding currencies.
ADP Employer Services said that the US dropped 491,000 jobs in April, over 150,000 fewer […]

January 7, 2009

Jobs report hurts greenback

Story link: Jobs report hurts greenback

The US dollar weakened in relation to the euro and the yen Wednesday after a private report said that the United States lost nearly 700,000 jobs in December.
With the official Labor Department jobs figures for December to be released Friday, the report from ADP Employer Services showed the December job losses at the highest for […]

November 12, 2008

Yen stronger as US bailout plans change

Story link: Yen stronger as US bailout plans change

The Japanese yen gained on the euro and other currencies Wednesday on a mid-course change in US bailout plans, as announced by US Treasury Secretary Henry Paulson.
The Treasury is abandoning plans to use the $700 billion in bailout money approved by Congress to buy up bad assets and instead will use the money to buy […]

November 11, 2008

Yen see gains

Story link: Yen see gains

The Japanese yen gained in relation to a number of currencies Tuesday after the euphoria over China’s announced stimulus package receded, sending equities markets lower and scaring investors away from risky currency trades.
The gains also came ahead of a meeting of the G20 nations - Australia, Argentina, Brazil, Canada, China, France, Germany, India, Indonesia, Italy, […]

October 28, 2008

Yen falls as equities see gains

Story link: Yen falls as equities see gains

The Japanese yen lost ground to the US dollar and the euro Tuesday after gains in equities markets on the chance that investors will be more enthusiastic about buying higher-yielding currencies.
In late morning trade in New York, the yen traded at ¥95.295 to the US dollar while it was at ¥118.9567 to the euro.
The […]

October 24, 2008

Yen at multi-year highs versus euro, USD

Story link: Yen at multi-year highs versus euro, USD

The yen hit a 13-year high versus the dollar and a six-year high in relation to the euro Friday as investors backed out of carry trades after big declines in global equities markets.
In late morning trade in New York the Japanese currency traded at ¥93.995 to the US dollar and at ¥119.4958 to the euro […]

October 22, 2008

Euro, pound weaker on rate speculation

Story link: Euro, pound weaker on rate speculation

The euro and the pound both weakened Wednesday on the likelihood that the European Central Bank and the Bank of England will cut interest rates again soon, with the euro finding its weakest level in more than four years against the yen, which gained on all major currencies during the day on a retreat from […]

October 21, 2008

Yen gains on euro, greenback

Story link: Yen gains on euro, greenback

The Japanese yen strengthened versus the euro and the dollar on the chance that central banks will cut interest rates again soon, while the dollar gained on the euro, also on interest rate speculation.
Speculation is running in the direction that the European Central Bank will cut another three-quarters of a percentage point off Eurozone interest […]

October 15, 2008

Yen gains on flight from risk

Story link: Yen gains on flight from risk

The yen strengthened Wednesday in relation to the US dollar, the euro, and other currencies on concerns that the US is now in a recession and that other economies around the globe will follow and after equities markets around the globe suffered further declines that left investors largely uninterested in entering into risky carry trades.
At […]

October 14, 2008

Yen weaker on return to carry trades

Story link: Yen weaker on return to carry trades

The yen weakened Tuesday as investors returned to purchases of higher-yield currencies after global governments elaborated on plans to support banks, while the US dollar was lower versus the euro, the pound and other currencies as demand declined for the greenback.
In early afternoon trade in New York, the yen was at ¥139.675 to the euro […]

October 13, 2008

Euro, pound gain on pledges of help to banks

Story link: Euro, pound gain on pledges of help to banks

The euro saw gains Monday on promises by Eurozone officials to guarantee through the end of 2009 bank-debt issues with maturity dates up to five years and after G-7 leaders pledged to do everything necessary to fix credit markets after their meeting in Washington, D.C.
The pound also saw gains, with its jump in relation to […]

October 9, 2008

Yen lower as rate cuts take hold

Story link: Yen lower as rate cuts take hold

The Japanese yen reversed recent gains and weakened versus the US dollar, the euro, the Australian dollar and the New Zealand dollar Thursday after interest in carry trades revived on interest rate cuts from several Western and Asian central banks yesterday and today.
At right around noon in New York the yen traded at ¥100.68 […]

October 8, 2008

Yen stronger despite interest rate cuts

Story link: Yen stronger despite interest rate cuts

The Japanese yen strengthened Wednesday on the theory that interest rate cuts by several central banks will not be enough to encourage investors to put their money into high-risk carry trades in which they use low-yielding currencies such as the yen to finance purchases of higher-yielding currencies.
In a move to try to stem damage to […]

October 6, 2008

Euro weaker on credit mess

Story link: Euro weaker on credit mess

The euro weakened Monday as the credit crisis spread to Europe and banks there headed for bailouts while the yen saw gains as investors deserted carry trades amid chaos in the markets.
In Germany, a group including the German government and private banks and insurers mounted a rescue of Hypo Real Estate Holdings (FWB: HRX), the […]

September 30, 2008

Euro weaker on Dexia rescue

Story link: Euro weaker on Dexia rescue

The euro was weaker versus the US dollar and the pound on Tuesday, with declines coming on the rescue of Belgian-French bank Dexia (Euronext, DEXB, DX; LuxSE: DXB).
France and Belgium will give Dexia around $9.2 billion after its shares dropped by a record 28.5 percent on Monday.
The greenback, meanwhile, was helped by sentiment that […]

September 26, 2008

Yen strenghtens on delays in US bailout plan

Story link: Yen strenghtens on delays in US bailout plan

The yen was stronger in relation to several currencies Friday as investors backed away from risky currency trades on the inability of US legislators to reach an agreement on a bailout plan for the US financial sector and on the failure of US savings and loan Washington Mutual (NYSE: WM).
Washington Mutual was taken over by […]

September 24, 2008

Yen weaker on Fed offer, Buffett deal with Goldman Sachs

Story link: Yen weaker on Fed offer, Buffett deal with Goldman Sachs

The Japanese yen was weaker Wednesday versus the euro and the dollar after investor interest in risky currency trades returned on a move by the US Federal Reserve to make more cash available to some central banks in order to stimulate lending and after Berkshire Hathaway (NYSE: BRK.A, BRK.B), Warren Buffett’s holding company, said […]

September 19, 2008

USD declines against emerging market currencies

Story link: USD declines against emerging market currencies

Currency moves Friday were driven by plans and anticipation of more plans by the US to rush legislation through Congress that is designed to shore up confidence in the financial markets.
Among the plans announced was one from the US Treasury Department to use up to $50 billion from the Exchange Stabilization Fund, a fund first […]


Daily World Currencies News from London		Thursday 11th of March 2010
Major Currencies: GBP USD Euro Yen Other Currencies: Australian Dollar Canadian Dollar Czech Koruna Egyptian Pound Forint Israeli Shekel Krona Krone New Zealand Dollar Peso Rand Real Renminbi Rouble Rupee Singapore Dollar Slovak Koruna Swiss franc Turkish Lira Won Zloty	May 20, 2009 USD weaker on declining volatility Story link: USD weaker on declining volatility The US dollar weakened Wednesday on the possibility that economic conditions will promote investor interest in higher-yield currencies. Declines for the greenback came as volatility in equities and currencies markets declined, with volatility indexes in both Chicago and in Europe at their lowest levels in 8 months. In afternoon trade in New York, the dollar traded at […] May 18, 2009 Yen weakens on comments, debt-level ratings Story link: Yen weakens on comments, debt-level ratings The Japanese yen weakened Monday on comments from Japan’s Vice Finance Minister that “excessive” moves by the currency could be bad for the nation’s economy and on a move by Moody’s Investors service to set both Japan’s local and foreign-currency debt levels at Aa2. At just past 11 a.m. in New York, the yen traded at […] May 6, 2009 US jobs report raises risk appetite Story link: US jobs report raises risk appetite The US dollar was weaker in relation to the Australian dollar Wednesday after a private report said that the US lost fewer jobs last month than had been expected, making investors more confidence in seeking out risky trades for higher-yielding currencies. ADP Employer Services said that the US dropped 491,000 jobs in April, over 150,000 fewer […] January 7, 2009 Jobs report hurts greenback Story link: Jobs report hurts greenback The US dollar weakened in relation to the euro and the yen Wednesday after a private report said that the United States lost nearly 700,000 jobs in December. With the official Labor Department jobs figures for December to be released Friday, the report from ADP Employer Services showed the December job losses at the highest for […] November 12, 2008 Yen stronger as US bailout plans change Story link: Yen stronger as US bailout plans change The Japanese yen gained on the euro and other currencies Wednesday on a mid-course change in US bailout plans, as announced by US Treasury Secretary Henry Paulson. The Treasury is abandoning plans to use the $700 billion in bailout money approved by Congress to buy up bad assets and instead will use the money to buy […] November 11, 2008 Yen see gains Story link: Yen see gains The Japanese yen gained in relation to a number of currencies Tuesday after the euphoria over China’s announced stimulus package receded, sending equities markets lower and scaring investors away from risky currency trades. The gains also came ahead of a meeting of the G20 nations - Australia, Argentina, Brazil, Canada, China, France, Germany, India, Indonesia, Italy, […] October 28, 2008 Yen falls as equities see gains Story link: Yen falls as equities see gains The Japanese yen lost ground to the US dollar and the euro Tuesday after gains in equities markets on the chance that investors will be more enthusiastic about buying higher-yielding currencies. In late morning trade in New York, the yen traded at ¥95.295 to the US dollar while it was at ¥118.9567 to the euro. The […] October 24, 2008 Yen at multi-year highs versus euro, USD Story link: Yen at multi-year highs versus euro, USD The yen hit a 13-year high versus the dollar and a six-year high in relation to the euro Friday as investors backed out of carry trades after big declines in global equities markets. In late morning trade in New York the Japanese currency traded at ¥93.995 to the US dollar and at ¥119.4958 to the euro […] October 22, 2008 Euro, pound weaker on rate speculation Story link: Euro, pound weaker on rate speculation The euro and the pound both weakened Wednesday on the likelihood that the European Central Bank and the Bank of England will cut interest rates again soon, with the euro finding its weakest level in more than four years against the yen, which gained on all major currencies during the day on a retreat from […] October 21, 2008 Yen gains on euro, greenback Story link: Yen gains on euro, greenback The Japanese yen strengthened versus the euro and the dollar on the chance that central banks will cut interest rates again soon, while the dollar gained on the euro, also on interest rate speculation. Speculation is running in the direction that the European Central Bank will cut another three-quarters of a percentage point off Eurozone interest […] October 15, 2008 Yen gains on flight from risk Story link: Yen gains on flight from risk The yen strengthened Wednesday in relation to the US dollar, the euro, and other currencies on concerns that the US is now in a recession and that other economies around the globe will follow and after equities markets around the globe suffered further declines that left investors largely uninterested in entering into risky carry trades. At […] October 14, 2008 Yen weaker on return to carry trades Story link: Yen weaker on return to carry trades The yen weakened Tuesday as investors returned to purchases of higher-yield currencies after global governments elaborated on plans to support banks, while the US dollar was lower versus the euro, the pound and other currencies as demand declined for the greenback. In early afternoon trade in New York, the yen was at ¥139.675 to the euro […] October 13, 2008 Euro, pound gain on pledges of help to banks Story link: Euro, pound gain on pledges of help to banks The euro saw gains Monday on promises by Eurozone officials to guarantee through the end of 2009 bank-debt issues with maturity dates up to five years and after G-7 leaders pledged to do everything necessary to fix credit markets after their meeting in Washington, D.C. The pound also saw gains, with its jump in relation to […] October 9, 2008 Yen lower as rate cuts take hold Story link: Yen lower as rate cuts take hold The Japanese yen reversed recent gains and weakened versus the US dollar, the euro, the Australian dollar and the New Zealand dollar Thursday after interest in carry trades revived on interest rate cuts from several Western and Asian central banks yesterday and today. At right around noon in New York the yen traded at ¥100.68 […] October 8, 2008 Yen stronger despite interest rate cuts Story link: Yen stronger despite interest rate cuts The Japanese yen strengthened Wednesday on the theory that interest rate cuts by several central banks will not be enough to encourage investors to put their money into high-risk carry trades in which they use low-yielding currencies such as the yen to finance purchases of higher-yielding currencies. In a move to try to stem damage to […] October 6, 2008 Euro weaker on credit mess Story link: Euro weaker on credit mess The euro weakened Monday as the credit crisis spread to Europe and banks there headed for bailouts while the yen saw gains as investors deserted carry trades amid chaos in the markets. In Germany, a group including the German government and private banks and insurers mounted a rescue of Hypo Real Estate Holdings (FWB: HRX), the […] September 30, 2008 Euro weaker on Dexia rescue Story link: Euro weaker on Dexia rescue The euro was weaker versus the US dollar and the pound on Tuesday, with declines coming on the rescue of Belgian-French bank Dexia (Euronext, DEXB, DX; LuxSE: DXB). France and Belgium will give Dexia around $9.2 billion after its shares dropped by a record 28.5 percent on Monday. The greenback, meanwhile, was helped by sentiment that […] September 26, 2008 Yen strenghtens on delays in US bailout plan Story link: Yen strenghtens on delays in US bailout plan The yen was stronger in relation to several currencies Friday as investors backed away from risky currency trades on the inability of US legislators to reach an agreement on a bailout plan for the US financial sector and on the failure of US savings and loan Washington Mutual (NYSE: WM). Washington Mutual was taken over by […] September 24, 2008 Yen weaker on Fed offer, Buffett deal with Goldman Sachs Story link: Yen weaker on Fed offer, Buffett deal with Goldman Sachs The Japanese yen was weaker Wednesday versus the euro and the dollar after investor interest in risky currency trades returned on a move by the US Federal Reserve to make more cash available to some central banks in order to stimulate lending and after Berkshire Hathaway (NYSE: BRK.A, BRK.B), Warren Buffett’s holding company, said […] September 19, 2008 USD declines against emerging market currencies Story link: USD declines against emerging market currencies Currency moves Friday were driven by plans and anticipation of more plans by the US to rush legislation through Congress that is designed to shore up confidence in the financial markets. Among the plans announced was one from the US Treasury Department to use up to $50 billion from the Exchange Stabilization Fund, a fund first […] Next Page »
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