Blogs Posts in World Currency category; 587 blog posts

Australian Dollar Touches 2-Week Low on China Export Data, J...

The Australian dollar fell to a two-week low after China, the South Pacific nation’s largest trading partner, posted an unexpected trade deficit in February. Australia’s currency declined versus all of its 16 major count [...]

Posted On : Mar, 10 2011 | Comments : 0

New Zealand Dollar Advances on Speculation Loss Was Excessiv...

New Zealand’s dollar advanced, halting a five-day loss, as a technical indicator showed its recent declines may have been excessive. The kiwi, the currency’s nickname, rebounded from the weakest level since September aga [...]

Posted On : Mar, 09 2011 | Comments : 0

FOREX-Euro regroups after rally stalls; dollar off lows

The euro struggled to make headway on Tuesday after its rally stalled just above $1.40 overnight, helping an oversold dollar to edge off four-month lows against a basket of major currencies. Analysts said the near-term outlook for t [...]

Posted On : Mar, 08 2011 | Comments : 0

Traders ‘short’ dollar as currency loses attraction

Hedge funds and forex dealers are betting record amounts against the dollar, reflecting a growing belief that the US currency has lost its haven appeal and that eurozone interest rates will soon rise. As the crisis in the Middle Eas [...]

Posted On : Mar, 07 2011 | Comments : 0

A Longer Dollar Edge Against Major Currencies

Monday had the dollar gaining the most among major currencies as investors were after its safe-haven value after trading at 77.24. It gained against the Japanese yen to ¥81.68 from ¥81.66 while Euro slid shyly from $1.3749 to $1. [...]

Posted On : Mar, 03 2011 | Comments : 0

Japan, China, Korea, Thailand: Asian Bonds, Currency Preview

The following events and economic reports may influence trading in Asia’s bonds and currencies today. Bond yields and exchange rates are from the previous trading session unless stated otherwise. Japan: Chief Cabinet Secretary Yuki [...]

Posted On : Mar, 02 2011 | Comments : 0

New currency design to check black money

The finance ministry plans to phase out the varied looks of Indian currency notes by giving them a makeover. A committee appointed by the minister will give green signal to RBI for approving a new design for currency notes. It follows th [...]

Posted On : Feb, 28 2011 | Comments : 0

Colombian Currency Drops to One-Week Low on Reduced Demand

Colombia’s peso fell to a one-week low as unrest in Libya cut into demand for higher-yielding emerging-market assets. The peso sank less than 0.05 percentage point to 1898.75 per U.S. dollar, and earlier weakened as far as 1,905.75 [...]

Posted On : Feb, 25 2011 | Comments : 0

Rupee sheds 14 paise against US dollar in opening trade

The Indian rupee fell 14 paise to Rs 45.26 per US dollar in early trade at the Interbank Foreign Exchange on Thursday on sustained demand for the American currency and dollar gains overseas. The rupee had gained 14 paise to Rs 45.12/13 a [...]

Posted On : Feb, 24 2011 | Comments : 0

India charges Pakistani singer with currency violations

Pakistani singer Rahat Fateh Ali Khan and his manager were fined 1.5 million rupees (about 33,259 dollars) each by Indian authorities for carrying undeclared foreign currency out of India, news reports said Sunday. Khan and his ento [...]

Posted On : Feb, 21 2011 | Comments : 0

FOREX-Swiss franc keeps firm footing; dollar on defensive

The Swiss franc held near two-week highs on Friday, having powered higher on mounting Middle East tensions, while the U.S. dollar lost steam as U.S. yields dipped from peaks hit earlier in the month. The Swiss currency, traditionally sou [...]

Posted On : Feb, 18 2011 | Comments : 0

SC senator checking out South Carolina currency

A state senator from Roebuck believes that South Carolina should decide on whether to issue its own currency. Republican Lee Bright is calling for a subcommittee to study whether such a currency could protect the financial stability of t [...]

Posted On : Feb, 15 2011 | Comments : 0

Vietnam forex reserves above $10 bln in 2010: report

Planning and Investment Minister Vo Hong Phuc's comment was reported on Wednesday in the state-run Vietnam Economic Times. Phuc provided no details, and it was unclear how much above $10 billion the reserves may be. The exact current [...]

Posted On : Feb, 11 2011 | Comments : 0

U.S. dollar down vs euro on Bernanke, Treasury yields

The dollar fell to a three-day low against the euro, but was steady against the Japanese yen as U.S. bond yields dropped after an auction of $24 billion in 10-year Treasury notes drew strong demand. The euro rose as high as $1.3745 [...]