Latest news on ‘FOREX’
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FOREX-Euro drops to 18-month low on growth worries
NEW YORK (Reuters) – The euro declined to a 18-month low against the dollar on Friday on growing worries that deep government spending cuts in the euro zone would stifle [...]
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FOREX-Euro drops to fresh 14-month low after ECB
NEW YORK (Reuters) – The euro tumbled to a 14-month low against the dollar on Thursday after the European Central Bank failed to offer new measures to ease a Greek [...]
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FOREX-Dollar rallies, euro at 1-year low on debt fears
NEW YORK – The euro tumbled to a one-year low against the dollar on Tuesday on fears that aid for Greece may not prevent debt crises in other euro [...]
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Futures Bets Against Euro at Record as Traders Look Past Greece
(Bloomberg) – Futures traders are more bearish than ever on the euro as Greece’s fiscal crisis spreads, suggesting further declines ahead for Europe’s shared currency.
Hedge funds and other large speculators [...] -
FOREX-Greek uncertainty hurts euro; Fed meeting in focus
NEW YORK (Reuters) – Confusion about the timing and amount of emergency aid for Greece prompted investors to sell the euro on Monday as markets worried whether the euro zone [...]
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What a Change in China’s Currency Means for Americans: Theory vs. Reality
Before Chinese President Hu Jintao came to Washington D.C. to attend President Obama’s nuclear summit this week, financial markets were buzzing over the possibility of an announcement on China’s currency.
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Euro rises versus dollar, hits session highs
NEW YORK (Reuters) – The euro edged higher versus the dollar on Thursday, erasing early losses, after European Central Bank president Jean-Claude Trichet said Greece was not in danger of [...]
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China hints at readiness to let yuan rise
BEIJING (Reuters) – U.S. Treasury Secretary Timothy Geithner will hold talks in Beijing on Thursday against a background of fresh signals from Chinese policymakers that they might be paving the [...]
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FOREX-Greece worries dent euro; Aussie, Canada dlr gain
LONDON (Reuters) – The euro fell broadly on Tuesday after reports Greece wants to amend a European Union aid deal highlighted Athens’s deficit problems, prompting traders to dump the European [...]
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Yuan revaluation would yield limited U.S. benefits
(Reuters) – China’s revaluation of the yuan could yield long-term benefits for both China and the world economy, but analysts say it won’t restore vanished U.S. manufacturing jobs if past [...]
