Blogs Posts in Currency Rates category; 387 blog posts

Yen Climbs as Obama Bank Plan, China Outlook Deter Risk Dema...

The yen rallied against all of its major counterparts for a second week as President Barack Obama’s proposal to rein in banks and China’s possible increase in interest rates discouraged demand for higher-yielding assets. The [...]

Posted On : Jan, 23 2010 | Comments : 0

Currency futures in euro, pound, yen allowed

Providing more flexibility to exporters and importers to hedge their risks against volatility in exchange rates, the financial sector regulators have allowed exchange-traded currency futures in the euro, the pound and the yen pairing with t [...]

Posted On : Jan, 20 2010 | Comments : 0

Euro slightly higher vs dollar

The 16-nation euro was slightly higher against the dollar Thursday as investors looked ahead to the European Central Bank's decision on interest rates and its outlook on the economy. The euro bought $1.4518 in morning European trading, up s [...]

Posted On : Jan, 16 2010 | Comments : 0

Dollar slips from two-month high ahead of US data

The Australian dollar slipped on Friday from a two-month high, hamstrung by sluggish stocks, chart barriers and caution before a swathe of US economic data. The Aussie dollar closed local trading at 92.8 US cents, off a high of 93.31 US cen [...]

Posted On : Jan, 15 2010 | Comments : 0

Dollar Rise Vs Yen On Fed Comment May Not Last

The dollar rose against the yen in Asia Wednesday on hawkish remarks from a Federal Reserve official. But some traders said the U.S. currency's rise could be short-lived and it may head lower because in spite of the comments, it is highly u [...]

Posted On : Jan, 13 2010 | Comments : 0

Prospect of low interest rates hits dollar

The dollar suffered its biggest one-day fall against the euro since November as Friday's weak US jobs data strengthened the view that US interest rates were likely to stay low for some time. James Bullard, president of the St Louis Federal [...]

Posted On : Jan, 12 2010 | Comments : 0

US Dollar down as job figures announced

The US dollar has tumbled as the government's report on employment showed big job losses in December, signaling a bumpy recovery from the recession. The 16-nation euro jumped to $US1.4413 in late New York trading. Just prior to the release [...]

Posted On : Jan, 11 2010 | Comments : 0

U.S. dollar rising, but can't match the loonie

A sea change in currency markets is giving the U.S. dollar a boost in relation to other world currencies, but the shift has not been at the expense of the Canadian dollar. To the contrary, the loonie continues to strengthen against the gr [...]

Posted On : Jan, 06 2010 | Comments : 0

Dollar firms on rebound in Chicago manufacturing

The dollar firmed Wednesday against the euro and the yen, lifted by fresh optimism about a US economic recovery after an unexpected surge in manufacturing activity in the key Chicago region. The euro was at $1.4341 at 2200 GMT, down from 1. [...]

Posted On : Dec, 31 2009 | Comments : 0

Dollar could hit parity in 2010

The local dollar could reach parity with the US dollar for the first time in 27 years in 2010, if Asia's hunger for Australia's commodities and assets deepens in the new year. But after rising almost 32 US cents in 2009, the domestic curren [...]

Posted On : Dec, 30 2009 | Comments : 0

FOREX-Dollar edges up, investors brace for FOMC

The dollar edged up against the euro on Wednesday, nearing a 2-1/2-month high as investors awaited a Federal Reserve policy statement for clues to when it may begin winding down its loose monetary policy. The euro showed little reaction to [...]

Posted On : Dec, 16 2009 | Comments : 0

Dollar weaker ahead of US rates decision

At the close, the Australian dollar was trading at US91.09c, down US0.48c. CMC Markets currency analyst Kenrick Teh said the local unit shot up US0.60c soon after the Dubai government announced it would pay $US4.1 billion ($4.5bn) to cover [...]

Posted On : Dec, 15 2009 | Comments : 0

Obama may have to play the Nixon card with China in 2011

President Barack Obama proposed additional stimulus measures last week to boost the bumpy recovery in the United States, while China reported several indicators showing the positive impact of its own huge stimulus program. By 2011, one y [...]

Posted On : Dec, 14 2009 | Comments : 0

Dollar rises to 2-month high versus euro after data

U.S. retail sales posted the largest advance since August last month, while consumer sentiment improved sharply in early December. The reports stoked optimism about a recovery in the world's largest economy and pushed the euro below $1.46 [...]