Search Results for 'US'

Pound Sterling / Euro and US Dollar exchange rates

The Pound declined against the higher-yielding currencies again, recording yet another 27-year low of 1.4560 against the Australian Dollar and this now represents the ninth consecutive week that the Pound has dropped to lowest level since [...]

Posted On : Feb, 17 2012 | Comments : 0

Australian Core Inflation Quickens; Currency Gains as Rate-C...

Australia’s core inflation rate accelerated above the middle of the central bank’s 2 percent to 3 percent annual target range last quarter, prompting traders to pare bets on another interest-rate reduction next month. The a [...]

Posted On : Jan, 25 2012 | Comments : 0

FOREX-Euro sags, trade cautious as risk events loom

SINGAPORE, Jan 11 (Reuters) - The euro fell against the dollar on Wednesday and floundered near a record low versus the Australian dollar in cautious trade a day ahead of a European Central Bank policy meeting and debt sales from Spain. [...]

Posted On : Jan, 13 2012 | Comments : 0

Fake Indian currency racket busted

During the raids which began across the country on Sunday, the National Investigation Agency (NIA) busted an international racket involved in printing, smuggling and circulation of Fake Indian Counterfeit Currency (FICN). The agency ar [...]

Posted On : Jan, 10 2012 | Comments : 0

Australian currency rises on US jobless, homes data

Further helping the local currency, and sentiment about the Australian economy, Australian house prices saw the first monthly rise in a year in November, buoyed in part by the first cut in interest rates from the Reserve Bank of Australia [...]

Posted On : Dec, 30 2011 | Comments : 0

China and Japan agree currency push

China and Japan will promote the use of their currencies for trade and investment, according to an agreement that analysts said was largely a symbolic move as it was short on details. The two Asian economies said that they wanted to reduc [...]

Posted On : Dec, 28 2011 | Comments : 0

Fake currency racket busted in Hyderabad; six held

City Police on Sunday claimed to have busted a counterfeit currency racket with the arrest of six members and seized fake Indian currency notes of varying denominations totalling Rs 1.33 lakh. The sleuths of commissioner's task force, [...]

Posted On : Dec, 19 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

Pakistan’s currency new low amid rising tensions with US aft...

Pakistan’s rupee headed for the biggest weekly loss in three years and stocks fell as investors shunned the nation’s assets amid mounting tensions with the US. A US-led NATO airstrike killed 24 Pakistani troops on the northwes [...]

Posted On : Dec, 03 2011 | Comments : 0

CURRENCY MARKET FOCUS Adieu Mr Euro?

The more things change, the more they stay the same, at least in the EMU horror story as governments tumble, contagion and bank-run fears cross the atlantic, and investor greed gives way to fear on anything remotely linked to the fate of [...]

Posted On : Nov, 21 2011 | Comments : 0

Australian Currency Falls Against Dollar on Italy Debt Conce...

The Australian dollar dropped against its U.S. counterpart as concern the European sovereign-debt crisis is spreading to Italy sapped demand for riskier assets. The Aussie advanced earlier along with the New Zealand dollar after Greek [...]

Posted On : Nov, 08 2011 | Comments : 0

Foreign Exchange Rates : Currency Predictions - GBP, USD, EU...

UK Q2 current account data released earlier showed that the gap between British imports and exports is narrowing. The data was far better than anticipated, taking the Pound higher against almost all of the other major currencies on the da [...]

Posted On : Oct, 26 2011 | Comments : 0

China says US yuan vote could set off trade war

US lawmakers defied warnings from Beijing and the White House to approve the measure, which leaders of the Republican-led House of Representatives also warn could lead to a trade war between the world's two largest economies. Repub [...]

Posted On : Oct, 15 2011 | Comments : 0

FOREX-Euro dips; Aussie climbs on jobs surprise

The euro dipped on Thursday, taking a breather after rallying to a one-month high the previous day, with market players saying the single currency may eke out more gains ahead of a European Union summit next week. The Australian dollar [...]