Search Results for 'Europe'

Asian Currencies Advance on China Plan to Help Resolve Europ...

The Philippine peso and Malaysia’s ringgit led gains in Asian currencies after China said it will help resolve Europe’s debt crisis. The country with the world’s biggest currency reserves is ready to participate in pr [...]

Posted On : Feb, 15 2012 | Comments : 0

Asian Currencies Weaken as European Crisis Outweighs U.S. Da...

Most Asian currencies fell, led by South Korea’s won, as concern Europe’s debt crisis will worsen countered an improvement in U.S. jobs data. The Bloomberg-JPMorgan Asia Dollar Index dropped after David Riley, London-based hea [...]

Posted On : Jan, 11 2012 | Comments : 0

Asian Currencies Weaken as Europe Crisis Saps Demand for Ris...

Asian currencies weakened, led by Indonesia’s rupiah and Malaysia’s ringgit, as concern Europe’s debt crisis will worsen prompted investors to favor assets perceived safer than those in emerging markets. The Bloomberg-J [...]

Posted On : Jan, 09 2012 | Comments : 0

Europe woes hit Asia FX again, intervention spotted

Emerging Asian currencies slid on Thursday as investors rushed into safe assets before year-end on expectations for further losses as the euro zone's debt crisis continues. The Indian rupee hit a record low against the dollar for a fo [...]

Posted On : Dec, 16 2011 | Comments : 0

Asian Currencies Decline After European Credit-Rating Warnin...

Asian currencies declined, led by India’s rupee and Thailand’s baht, after ratings companies said last week’s European summit did little to ease the region’s debt crisis, weakening the outlook for exports. The M [...]

Posted On : Dec, 13 2011 | Comments : 0

Asian Currencies Gain on Europe Debt Progress, U.S. Confiden...

Asian currencies gained after European leaders took steps to contain their debt crisis and U.S. consumer confidence topped forecasts, easing concern that global growth is slowing. The MSCI Asia-Pacific Index of stocks snapped a two-day [...]

Posted On : Dec, 12 2011 | Comments : 0

Asian Currencies Weaken After S&P Warns Europe of Possible D...

Asian currencies dropped, led by Indonesia’s rupiah, after Standard & Poor’s warned that the credit ratings of 15 euro-area nations may be cut, adding to concern global growth is slowing. The MSCI Asia-Pacific Index (MXAP) of [...]

Posted On : Dec, 06 2011 | Comments : 0

One currency works in US but not in Europe - for some good r...

Europe is now struggling with the inevitable adverse consequences of imposing a single currency on a very heterogeneous collection of countries. But the budget crisis in Greece and the risk of insolvency in Italy and Spain are just part o [...]

Posted On : Dec, 05 2011 | Comments : 0

Asian Currencies Drop for Fourth Week on Europe Debt Concern

Asian currencies dropped for a fourth week, led by South Korea’s won and India’s rupee, as Europe’s debt crisis showed no signs of abating, prompting investors to favor safer assets including the dollar. The Bloomberg-J [...]

Posted On : Nov, 26 2011 | Comments : 0

Asian Currencies Decline as Europe Funding Woes Heighten Ris...

South Korea’s won and Indonesia’s rupiah led declines in Asian currencies on speculation higher borrowing costs in Europe will complicate efforts to contain the region’s debt crisis, curbing appetite for riskier assets. [...]

Posted On : Nov, 17 2011 | Comments : 0

Asia Currencies Gain, led by Won, as Europe Makes Progress o...

Asian currencies gained as European Union leaders made progress on stemming the debt crisis and after France turned to China for money to bolster the debt- stricken region’s bailout fund. The MSCI Asia-Pacific Index of stocks advanc [...]

Posted On : Oct, 27 2011 | Comments : 0

Yen Is Near Four-Month High Versus Dollar on U.S. Debt Talk,...

The yen was about 0.4 percent from a four-month high against the dollar as concern that the U.S. and Europe will struggle to contain their debt spurred demand for Japan’s currency as a refuge. The yen climbed against 14 of its 16 ma [...]

Posted On : Jul, 28 2011 | Comments : 0

Australian Dollar's Summer Heat Faces European Cold Front

Australia's ongoing mining boom has the country's surging currency positioned to remain near its highest point against the U.S. dollar in almost three decades, but a set of January bond auctions on the other side of the world cou [...]

Posted On : Dec, 30 2010 | Comments : 0

Australian Dollar Falls on Europe's Debt Crisis, Rio Comment...

The Australian and New Zealand currencies slid for the sixth time in seven days against the U.S. dollar on concern Europe’s debt crisis will spread. The so-called Aussie extended last week’s biggest weekly decline since Octob [...]