Search Results for 'Global'

Coming Global currency? And then

Yves Smith points out that the tottering economies of Eastern Europe look like they might sink the entire economy of Western Europe (which, given how tied together we all are, would sink us too). Ambrose Evans-Pritchard writes today. Wheth [...]

Posted On : Feb, 16 2009 | Comments : 0

Dollar Edges Higher on Global Economy Worries

The dollar edged higher against a basket of currencies Tuesday as a plunge in U.S. consumer confidence reminded investors about the dire economic outlook worldwide, boosting the greenback's safe-haven appeal. Trading was volatile as curren [...]

Posted On : Feb, 02 2009 | Comments : 0

GLOBAL MARKETS-US dollar gains, world stocks slip

The U.S. dollar rallied to new high for the past month against the euro on Tuesday after news of the biggest contraction in the U.S. trade deficit in 12 years, and ahead of an expected interest rate cut by the European Central Bank later th [...]

Posted On : Jan, 14 2009 | Comments : 0

Canada's Currency Gains for a Third Day as Global Stocks Ris...

Canada's currency increased for a third day to the strongest in more than a week as global stocks rose and the U.S. economy contracted less than forecast. The Canadian dollar is poised for its biggest weekly gain since at least 1971, when B [...]

Posted On : Oct, 31 2008 | Comments : 0

Currency-Price Swings Disrupt Global Markets

Sharp moves in global currency markets are being driven by short-term factors such as the fear of economic distress and the unwinding of trades that depended on borrowed money. But the currency swings are likely to have long-term economic i [...]

Posted On : Oct, 25 2008 | Comments : 0

Yen May Rise to 100 as Global Growth Slows, UBS Says

The Japanese yen may rise to 100 per dollar in the next three months because investors will cut holdings of higher-yielding assets as housing markets and economic growth slow further, according to UBS AG. The forecast from UBS, the second [...]