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 […]

October 20, 2008

Bernanke comments help US dollar versus euro

Story link: Bernanke comments help US dollar versus euro

The US dollar strengthened in relation to the euro after US Federal Reserve Chairman Ben Bernanke said that there is reason to consider another fiscal stimulus package similar to the one passed earlier in the year by the US Congress that saw many taxpayers receive tax rebate checks in the mail.
It seemed unlikely, however, […]

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 […]

July 27, 2007

Yen, US dollar gain on week

Story link: Yen, US dollar gain on week

The US dollar saw gains over the week against most major currencies and adding 1.3 percent in relation to both the euro and sterling to $1.3650 and $2.0290 respectively.
The greenback gained even more against the Australian and New Zealand dollars as it added 2.5 percent to $0.8580 versus the Australian currency and gaining 3.4 percent […]

April 23, 2007

Yen helped by debt rating upgrade

Story link: Yen helped by debt rating upgrade

The US dollar strengthened on Monday, but analysts were not convinced that conditions had turned dollar-positive for the long term. The dollar added 0.2 percent against both the yen and the euro, to ¥118.90 and $1.3560 respectively, while it added $1.9995 in relation to sterling, a gain of 0.1 percent. The Australian dollar […]

April 3, 2007

Yen weaker on stronger equities markets

Story link: Yen weaker on stronger equities markets

The Japanese yen weakened on Tuesday as gains in global equities markets sent investors looking for riskier investments, which meant that many were once again selling the yen to finance high-risk carry trades. The yen was lower against both the US dollar and the euro by the middle of the afternoon in New York, […]

June 9, 2006

US dollar stronger versus most currencies

Story link: US dollar stronger versus most currencies

The US dollar strengthened against some currencies over the week, helped by interest rate differentials, the perception of Treasury bonds as a safe place for investors to put their money, and a US trade deficit that didn�t widen as much as analysts had feared it would.
The greenback was up 2.2 percent to $1.2636 during the […]

October 18, 2005

Asian currencies reach lows versus US dollar

Story link: Asian currencies reach lows versus US dollar

Economic data out of the eurozone on Tuesday were euro-positive, but did not help the euro much in practical terms. September�s eurozone inflation rate was revised upward to 2.6 percent. Meanwhile, the ZEW business survey reported only a small increase in expectations, indicating that the German recovery is fragile.
In the UK, consumer prices […]

July 25, 2005

Chinese central bank prevents renminbi strength

Story link: Chinese central bank prevents renminbi strength

The renminbi strengthened just a bit in relation to the dollar on Monday, rising to Rmb8.1097 to the dollar at the close of trade after going up to Rmb8.1089 during the day.
In after hours trading, however, it was back down to Rmb8.1115. This trend signaled that China does not intend to let […]

June 7, 2005

Forex markets move on weakening dollar

Story link: Forex markets move on weakening dollar

The Norwegian krone was up 0.2 percent in relation to the euro to NKr7.8573 on Tuesday. That figure was a new 2-year high as well as a gain of 3.4 percent since May 20 for the Norwegian currency.
The newest gains came on above-expected first-quarter GDP growth of 0.9 percent and on a rise […]

February 3, 2005

Rupee climbs on investment rating

Story link: Rupee climbs on investment rating

India’s rupee is currently enjoying a 5-year high against the US dollar, after major credit rating agency Standard & Poor increased the country’s creit worthiness to just under investment standard.
The rupee reached 43.305 against the USD on trading, which means that it has gained nearly 1% value in just three sessions.
Standard & Poor, which rates […]


Daily World Currencies News from London		Friday 03rd of September 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 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 […] October 20, 2008 Bernanke comments help US dollar versus euro Story link: Bernanke comments help US dollar versus euro The US dollar strengthened in relation to the euro after US Federal Reserve Chairman Ben Bernanke said that there is reason to consider another fiscal stimulus package similar to the one passed earlier in the year by the US Congress that saw many taxpayers receive tax rebate checks in the mail. It seemed unlikely, however, […] 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 […] July 27, 2007 Yen, US dollar gain on week Story link: Yen, US dollar gain on week The US dollar saw gains over the week against most major currencies and adding 1.3 percent in relation to both the euro and sterling to $1.3650 and $2.0290 respectively. The greenback gained even more against the Australian and New Zealand dollars as it added 2.5 percent to $0.8580 versus the Australian currency and gaining 3.4 percent […] April 23, 2007 Yen helped by debt rating upgrade Story link: Yen helped by debt rating upgrade The US dollar strengthened on Monday, but analysts were not convinced that conditions had turned dollar-positive for the long term. The dollar added 0.2 percent against both the yen and the euro, to ¥118.90 and $1.3560 respectively, while it added $1.9995 in relation to sterling, a gain of 0.1 percent. The Australian dollar […] April 3, 2007 Yen weaker on stronger equities markets Story link: Yen weaker on stronger equities markets The Japanese yen weakened on Tuesday as gains in global equities markets sent investors looking for riskier investments, which meant that many were once again selling the yen to finance high-risk carry trades. The yen was lower against both the US dollar and the euro by the middle of the afternoon in New York, […] June 9, 2006 US dollar stronger versus most currencies Story link: US dollar stronger versus most currencies The US dollar strengthened against some currencies over the week, helped by interest rate differentials, the perception of Treasury bonds as a safe place for investors to put their money, and a US trade deficit that didn�t widen as much as analysts had feared it would. The greenback was up 2.2 percent to $1.2636 during the […] October 18, 2005 Asian currencies reach lows versus US dollar Story link: Asian currencies reach lows versus US dollar Economic data out of the eurozone on Tuesday were euro-positive, but did not help the euro much in practical terms. September�s eurozone inflation rate was revised upward to 2.6 percent. Meanwhile, the ZEW business survey reported only a small increase in expectations, indicating that the German recovery is fragile. In the UK, consumer prices […] July 25, 2005 Chinese central bank prevents renminbi strength Story link: Chinese central bank prevents renminbi strength The renminbi strengthened just a bit in relation to the dollar on Monday, rising to Rmb8.1097 to the dollar at the close of trade after going up to Rmb8.1089 during the day. In after hours trading, however, it was back down to Rmb8.1115. This trend signaled that China does not intend to let […] June 7, 2005 Forex markets move on weakening dollar Story link: Forex markets move on weakening dollar The Norwegian krone was up 0.2 percent in relation to the euro to NKr7.8573 on Tuesday. That figure was a new 2-year high as well as a gain of 3.4 percent since May 20 for the Norwegian currency. The newest gains came on above-expected first-quarter GDP growth of 0.9 percent and on a rise […] February 3, 2005 Rupee climbs on investment rating Story link: Rupee climbs on investment rating India’s rupee is currently enjoying a 5-year high against the US dollar, after major credit rating agency Standard & Poor increased the country’s creit worthiness to just under investment standard. The rupee reached 43.305 against the USD on trading, which means that it has gained nearly 1% value in just three sessions. Standard & Poor, which rates […]
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