Search Results for 'po'

Dollar supported as G20 meeting looms

While no one seriously expects a resolution to the vexed question of competitive depreciation at the meeting in South Korea, Shaun Osbourne, chief FX strategist at TD Securities in Toronto, said a statement downplaying the notion of a&nb [...]

Posted On : Oct, 25 2010 | Comments : 0

Currency Rift With China Exposes Shifting Clout

At a private dinner on Friday at the Canadian Embassy, finance officials from seven world economic powers focused on the most vexing international economic problem facing the Obama administration. Over seared scallops and beef tenderloin [...]

Posted On : Oct, 11 2010 | Comments : 0

Currency exchange rates today: euro is rising, dollar is afr...

Contrary to common sense, the single European currency is increasing in the forex market. At the same time investors ignore the external background, the pessimism on the stock markets and a serious drawdown of oil. Euro is worth 1.2386 a [...]

Posted On : Jul, 02 2010 | Comments : 0

Currency exchange rates today - strong pound and weak euro

Nevertheless, the dynamics of a rising EUR/USD pair froze at around 1.2275, which is 50% correction from 1.2298 rollback to 1.2151. Current EUR/USD exchange rate is 1.2263. Meanwhile, the EUR/GBP pair failed to rise above stg0.8180. [...]

Posted On : Jul, 01 2010 | Comments : 0

Australian Dollar Advances On GDP Report

During early Asian deals on Wednesday, the Aussie edged up against other major currencies as a report showed that the Australian economy grew in the first quarter of 2010. The Aussie thus recouped most of the losses it incurred in New Yo [...]

Posted On : Jun, 04 2010 | Comments : 0

RATE FUTURES REPORT:Euro-Zone Fears Persist; Libor Gains See...

U.S. interest rate futures Monday continued to forecast higher costs for borrowing money in the London interbank market, a sign that traders remain concerned that banks may be exposed to the sovereign debt from fiscally troubled European [...]

Posted On : May, 25 2010 | Comments : 0

Forex World Currency Exchange Rates – Dollar Gains Against Y...

The euro (EUR €) could have declined further but some European nations hinted they will cut spending. The Prime Minister of Spain, Jose Luis Rodriguez Zapatero, announced that his country will cut spending. The plan is to cut public [...]

Posted On : May, 13 2010 | Comments : 0

Cross-currency rates point

The past 12 months have seen all the old norms of the currency market getting thrown out of the window. The process started in 2008, when some currencies saw their value against dollar changing overnight with the US f [...]

Posted On : Apr, 16 2010 | Comments : 0

Report says small businesses at risk

A strong employment report helped drive the Canadian dollar past the 98-cent U.S. mark March 12, as the currency inches ever closer to parity with the greenback. By about 8 a.m. ET, the loonie was trading at 98.41 cents, compared wit [...]

Posted On : Apr, 08 2010 | Comments : 0

Short sellers take aim at pound

The short sellers made a killing on the euro. Now they're stalking the pound. The fiscal woes of southern European nations such as Greece and Spain have preoccupied investors and political leaders for weeks. But the spotlight is [...]

Posted On : Mar, 02 2010 | Comments : 0

Yuan Forwards Rise on Currency Stress-Test Report; Bonds Sur...

Yuan forwards strengthened after a local newspaper reported that the government is assessing the likely impact of currency gains, fueling speculation appreciation will be allowed to resume. Government bonds rose. China is carr [...]

Posted On : Feb, 26 2010 | Comments : 0

Cos oppose ban on currency derivatives

Many of the biggest names in Corporate India are telling the Reserve Bank of India (RBI) not to throw the baby with the bathwater, as the regulator prepares to clamp down on currency derivatives — financial products that have baffl [...]

Posted On : Feb, 22 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

Dollar makes poor start to 2010

The dollar slid on Monday against the euro and yen, making a weak start to 2010, as traders took profits and awaited key US data for fresh direction, dealers said. In London morning deals, the European single currency firmed to 1.4389 doll [...]