August 25, 2009

USD weaker versus yen, euro

Story link: USD weaker versus yen, euro

The US dollar weakened in relation to the euro and the yen Tuesday as US consumer confidence was reported up in August and as home prices fell less quickly, reducing demand for the greenback as a safe investment.
The Conference Board reported that its consumer confidence index as at 54.1 in August, up from 47.4 in […]

August 11, 2009

Yen stronger on US, China data

Story link: Yen stronger on US, China data

The Japanese yen strengthened Tuesday as US equities markets declined and new data out of China showed fewer loans granted and less exports leaving China.
New figures revealed that China exports were down 23 percent in July from July of last year.
In mid-morning trade in New York, the yen traded at ¥135.6305 to the euro and […]

June 10, 2009

Pound remains stronger on data

Story link: Pound remains stronger on data

The pound was stronger in relation to the US dollar and the yen Wednesday as equities markets climbed and on a new report showing that factory production in the UK was up 0.2 percent in April over May’s numbers.
This positive new data comes after recent reports showing that the UK services sector is up, house […]

June 5, 2009

Government resignations hurt pound

Story link: Government resignations hurt pound

The pound weakened Friday on more upheaval in the UK government and the Japanese yen was hurt on sentiment that risk appetite will increase, while the US dollar was stronger on better-than-expected jobs news.
More resignations by government officials in the UK and new calls for Prime Minister Gordon Brown to resign hurt the pound as […]

June 1, 2009

Yen, USD weaker on risk appetite

Story link: Yen, USD weaker on risk appetite

The US dollar was weaker Monday after a report said that Chinese manufacturing activity remained in expansion for a third consecutive month in May, although the Chinese Federation of Logistics and Purchasing’s Purchasing Manager’s Index dropped to 53.1 in May from 53.5 in April.
A separate report from the Institute for Supply Management showed that US […]

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 […]

April 27, 2009

Flu worries hurt peso

Story link: Flu worries hurt peso

The Mexican peso was hurt by the spreading swine flu outbreak there on concerns that the economy will be hurt by fewer tourists and less consumer spending as those concerned about contracting the disease stay home.
It is feared that reduced tourism will hurt the economy, which depends on tourist dollars as its third most […]

April 20, 2009

Euro weakens on rate controversy

Story link: Euro weakens on rate controversy

The euro was weaker Monday on perceived disagreements among officials of the European Central Bank concerning how low Eurozone interest rates might fall.
Meanwhile, the Australian and New Zealand dollars were lower as investors looked to the US dollar and the yen as safe investments, at least partly on concerns surrounding the apparent disagreement among ECB […]

April 9, 2009

Yen weakens as equities gain

Story link: Yen weakens as equities gain

The Japanese yen weakened Thursday as equities markets made gains, encouraging investors to pursue risky currencies trades, many of which are financed by the low-yielding yen.
In late morning trade in New York the yen traded at ¥132.4119 to the euro, at ¥100.355 to the US dollar, at ¥15.0838 to the Norwegian krone, at ¥71.76 to […]

April 8, 2009

Yen strengthens on risk avoidance

Story link: Yen strengthens on risk avoidance

The Japanese yen strengthened Wednesday on a flight from risk after the first of the quarterly reports from corporations were disappointing and on new data from Europe, but expectations that Japan will report another drop in machinery orders tomorrow could limit the currency’s gains.
At just past 11 a.m. in New York the yen traded […]

April 6, 2009

Yen declines on hopes for economy

Story link: Yen declines on hopes for economy

The yen was lower Monday as improved sentiment on hopes that the worst of the economic crisis could be over sent investors looking for more risk, although by late morning trade in New York, the Japanese currency had gained back some of its earlier losses.
At around 11:30 a.m. in New York, the yen traded at […]

March 31, 2009

Yen weaker ahead of Tankan survey

Story link: Yen weaker ahead of Tankan survey

The Japanese yen was weaker Tuesday as equities markets recovered from Monday’s big declines, making investors a little more willing to seek out risky currency deals, often financed with the low-yielding yen.
Also hurting the yen’s value was anticipation of the Bank of Japan’s quarterly Tankan survey, which is expected to show that Japanese business confidence […]

March 23, 2009

Yen, USD weaken on risk sentiment

Story link: Yen, USD weaken on risk sentiment

The yen and the US dollar were weaker Monday as US government initiatives to help the economy pointed toward more willingness by investors to make risky investments and as equities markets gains also helped sentiment.
The US Treasury announced a Public-Private Investment Program to buy troubled assets, using money from the Troubled Asset Relief Program (TARP) […]

March 13, 2009

Swiss currency weaker on intervention

Story link: Swiss currency weaker on intervention

The Swiss franc was weaker again Friday as the Swiss National Bank continued to intervene to weaken the currency, taking the Swiss currency to its biggest weekly decline versus the euro since 1999.
The intervention came after the franc’s value had risen enough to make Swiss products less competitive in European and US markets.
Manufacturing activity has […]

March 6, 2009

Yen, USD weaker on US jobs news

Story link: Yen, USD weaker on US jobs news

The Japanese yen and the US dollar both weakened Friday after the US Labor Department reported that the US economy lost 651,000 jobs in February, fewer than were eliminated in January and about the number expected by analysts.
The US unemployment rate grew to 8.1 percent in February, from 7.6 percent in January and the highest […]

March 3, 2009

Australia interest rates on hold; yen weaker

Story link: Australia interest rates on hold; yen weaker

The yen weakened Tuesday as demand increased for higher-yielding currencies after the Reserve Bank of Australia unexpectedly left interest rates there at 3.25 percent and on gains in European and US equities markets, although he Aussie gave back some of its gains against the yen and the US dollar after Wall Street turned lower.
Japan’s currency […]

January 29, 2009

US dollar drops on data

Story link: US dollar drops on data

The US dollar was lower versus the Japanese yen Thursday as the Labor Department reported that the number of people receiving unemployment benefits rose again and after the Commerce Department said that US durable goods orders were down in December.
The Labor Department said that first-time jobless claims were up to 588,000 in the week ending […]

January 14, 2009

Euro weaker ahead of ECB rate meeting

Story link: Euro weaker ahead of ECB rate meeting

The US dollar and the Japanese yen both gained on the euro Wednesday as investors saw the two currencies as safe places to put their money ahead of the European Central Bank’s decision on interest rates, due Thursday.
Most bets are that the ECB will cut interest rates by half a percentage point at the meeting.
The […]

January 12, 2009

Rate speculation, IMF statement hurt euro

Story link: Rate speculation, IMF statement hurt euro

The euro weakened against the US dollar and the Japanese yen on Monday on increased expectations that the European Central Bank will cut interest rates when it meets next.
The shared currency was also hurt by a statement from the International Monetary Fund which said that Europe has not adequately recognized the need to stimulate the […]

November 17, 2008

Yen helped by Japan recession news

Story link: Yen helped by Japan recession news

The Japanese yen was stronger Monday on the chance that falling equities markets will send investors toward safety and away from risky currencies investments.
The news that Japan’s economy is now in recession was seen as good news for the yen, as economic weakness will also likely discourage investors from using the yen to finance […]


Daily World Currencies News from London		Friday 12th 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	August 25, 2009 USD weaker versus yen, euro Story link: USD weaker versus yen, euro The US dollar weakened in relation to the euro and the yen Tuesday as US consumer confidence was reported up in August and as home prices fell less quickly, reducing demand for the greenback as a safe investment. The Conference Board reported that its consumer confidence index as at 54.1 in August, up from 47.4 in […] August 11, 2009 Yen stronger on US, China data Story link: Yen stronger on US, China data The Japanese yen strengthened Tuesday as US equities markets declined and new data out of China showed fewer loans granted and less exports leaving China. New figures revealed that China exports were down 23 percent in July from July of last year. In mid-morning trade in New York, the yen traded at ¥135.6305 to the euro and […] June 10, 2009 Pound remains stronger on data Story link: Pound remains stronger on data The pound was stronger in relation to the US dollar and the yen Wednesday as equities markets climbed and on a new report showing that factory production in the UK was up 0.2 percent in April over May’s numbers. This positive new data comes after recent reports showing that the UK services sector is up, house […] June 5, 2009 Government resignations hurt pound Story link: Government resignations hurt pound The pound weakened Friday on more upheaval in the UK government and the Japanese yen was hurt on sentiment that risk appetite will increase, while the US dollar was stronger on better-than-expected jobs news. More resignations by government officials in the UK and new calls for Prime Minister Gordon Brown to resign hurt the pound as […] June 1, 2009 Yen, USD weaker on risk appetite Story link: Yen, USD weaker on risk appetite The US dollar was weaker Monday after a report said that Chinese manufacturing activity remained in expansion for a third consecutive month in May, although the Chinese Federation of Logistics and Purchasing’s Purchasing Manager’s Index dropped to 53.1 in May from 53.5 in April. A separate report from the Institute for Supply Management showed that US […] 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 […] April 27, 2009 Flu worries hurt peso Story link: Flu worries hurt peso The Mexican peso was hurt by the spreading swine flu outbreak there on concerns that the economy will be hurt by fewer tourists and less consumer spending as those concerned about contracting the disease stay home. It is feared that reduced tourism will hurt the economy, which depends on tourist dollars as its third most […] April 20, 2009 Euro weakens on rate controversy Story link: Euro weakens on rate controversy The euro was weaker Monday on perceived disagreements among officials of the European Central Bank concerning how low Eurozone interest rates might fall. Meanwhile, the Australian and New Zealand dollars were lower as investors looked to the US dollar and the yen as safe investments, at least partly on concerns surrounding the apparent disagreement among ECB […] April 9, 2009 Yen weakens as equities gain Story link: Yen weakens as equities gain The Japanese yen weakened Thursday as equities markets made gains, encouraging investors to pursue risky currencies trades, many of which are financed by the low-yielding yen. In late morning trade in New York the yen traded at ¥132.4119 to the euro, at ¥100.355 to the US dollar, at ¥15.0838 to the Norwegian krone, at ¥71.76 to […] April 8, 2009 Yen strengthens on risk avoidance Story link: Yen strengthens on risk avoidance The Japanese yen strengthened Wednesday on a flight from risk after the first of the quarterly reports from corporations were disappointing and on new data from Europe, but expectations that Japan will report another drop in machinery orders tomorrow could limit the currency’s gains. At just past 11 a.m. in New York the yen traded […] April 6, 2009 Yen declines on hopes for economy Story link: Yen declines on hopes for economy The yen was lower Monday as improved sentiment on hopes that the worst of the economic crisis could be over sent investors looking for more risk, although by late morning trade in New York, the Japanese currency had gained back some of its earlier losses. At around 11:30 a.m. in New York, the yen traded at […] March 31, 2009 Yen weaker ahead of Tankan survey Story link: Yen weaker ahead of Tankan survey The Japanese yen was weaker Tuesday as equities markets recovered from Monday’s big declines, making investors a little more willing to seek out risky currency deals, often financed with the low-yielding yen. Also hurting the yen’s value was anticipation of the Bank of Japan’s quarterly Tankan survey, which is expected to show that Japanese business confidence […] March 23, 2009 Yen, USD weaken on risk sentiment Story link: Yen, USD weaken on risk sentiment The yen and the US dollar were weaker Monday as US government initiatives to help the economy pointed toward more willingness by investors to make risky investments and as equities markets gains also helped sentiment. The US Treasury announced a Public-Private Investment Program to buy troubled assets, using money from the Troubled Asset Relief Program (TARP) […] March 13, 2009 Swiss currency weaker on intervention Story link: Swiss currency weaker on intervention The Swiss franc was weaker again Friday as the Swiss National Bank continued to intervene to weaken the currency, taking the Swiss currency to its biggest weekly decline versus the euro since 1999. The intervention came after the franc’s value had risen enough to make Swiss products less competitive in European and US markets. Manufacturing activity has […] March 6, 2009 Yen, USD weaker on US jobs news Story link: Yen, USD weaker on US jobs news The Japanese yen and the US dollar both weakened Friday after the US Labor Department reported that the US economy lost 651,000 jobs in February, fewer than were eliminated in January and about the number expected by analysts. The US unemployment rate grew to 8.1 percent in February, from 7.6 percent in January and the highest […] March 3, 2009 Australia interest rates on hold; yen weaker Story link: Australia interest rates on hold; yen weaker The yen weakened Tuesday as demand increased for higher-yielding currencies after the Reserve Bank of Australia unexpectedly left interest rates there at 3.25 percent and on gains in European and US equities markets, although he Aussie gave back some of its gains against the yen and the US dollar after Wall Street turned lower. Japan’s currency […] January 29, 2009 US dollar drops on data Story link: US dollar drops on data The US dollar was lower versus the Japanese yen Thursday as the Labor Department reported that the number of people receiving unemployment benefits rose again and after the Commerce Department said that US durable goods orders were down in December. The Labor Department said that first-time jobless claims were up to 588,000 in the week ending […] January 14, 2009 Euro weaker ahead of ECB rate meeting Story link: Euro weaker ahead of ECB rate meeting The US dollar and the Japanese yen both gained on the euro Wednesday as investors saw the two currencies as safe places to put their money ahead of the European Central Bank’s decision on interest rates, due Thursday. Most bets are that the ECB will cut interest rates by half a percentage point at the meeting. The […] January 12, 2009 Rate speculation, IMF statement hurt euro Story link: Rate speculation, IMF statement hurt euro The euro weakened against the US dollar and the Japanese yen on Monday on increased expectations that the European Central Bank will cut interest rates when it meets next. The shared currency was also hurt by a statement from the International Monetary Fund which said that Europe has not adequately recognized the need to stimulate the […] November 17, 2008 Yen helped by Japan recession news Story link: Yen helped by Japan recession news The Japanese yen was stronger Monday on the chance that falling equities markets will send investors toward safety and away from risky currencies investments. The news that Japan’s economy is now in recession was seen as good news for the yen, as economic weakness will also likely discourage investors from using the yen to finance […] Next Page »
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