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Latest CURRENCY News and Developments
Dollar tipped to fall below US70c today - WA Business News (subscription) ( Wed, 08 Oct 2008 00:37:00 GMT ) Dollar tipped to fall below US70c today WA Business News (subscription), Australia - 54 minutes ago Overnight, the local currency traded between a low of $US0.7052, reached minutes before the local session began, and a high of $US0.7355, a 4.1 per cent ... |
Fed steps in but stocks dive; UK to rescue banks - ReportonBusiness.com ( Wed, 08 Oct 2008 01:26:54 GMT ) Fed steps in but stocks dive; UK to rescue banks ReportonBusiness.com, Canada - 4 minutes ago Iceland, the North Atlantic island facing down a threat of "national bankruptcy," took over its second-largest bank and propped up a battered currency. ... |
Hopes falling Aust dollar to boost milk industry - ABC Online ( Wed, 08 Oct 2008 01:26:06 GMT ) Hopes falling Aust dollar to boost milk industry ABC Online, Australia - 5 minutes ago ... dollar has previously been rising against its United States counterpart, making it increasingly harder to sell products traded in greenback currency. ... |
Dollar continues to slide - WA today ( Wed, 08 Oct 2008 01:09:53 GMT ) Dollar continues to slide WA today, Australia - 22 minutes ago The Australian dollar dropped for the 11th day and New Zealand's currency also fell as investors dumped higher-yielding assets on concern the credit crunch ... |
Yen Near 3-Year High as Stock Slump Spurs Carry Trade Reversal - Bloomberg ( Wed, 08 Oct 2008 00:54:06 GMT )
NZ and Australian markets down - Radio New Zealand ( Wed, 08 Oct 2008 00:29:22 GMT ) NZ and Australian markets down Radio New Zealand, New Zealand - 1 hour ago On the currency markets: at 12.30pm the New Zealand dollar was trading at US62.23 cents, 88.14 Australian cents, 35.67 pence, 63.01 yen and 04585 euro. ... |
European Union tested by world economic crisis - Journal Gazette and Times-Courier ( Wed, 08 Oct 2008 00:30:20 GMT ) European Union tested by world economic crisis Journal Gazette and Times-Courier, IL - 1 hour ago Only 15 countries now use the common euro currency and the pride of the bloc _ passport-free travel _ doesn't apply to the entire EU. ... |
Bank of Japan Lends $20 Billion at Average Rate of 4.135% - Bloomberg ( Wed, 08 Oct 2008 00:23:23 GMT )
'This Mad Foreign Adventure is Over' - Buzzle ( Wed, 08 Oct 2008 00:51:47 GMT ) 'This Mad Foreign Adventure is Over' Buzzle, CA - 40 minutes ago Most badly hurt, Vidar predicted, will be those who took out foreign currency loans to avoid sky-high domestic interest rates. "People, lots of them, ... |
Feds Secure Four Convictions in Drug, Counterfeit Ring - CBS42 ( Wed, 08 Oct 2008 00:01:44 GMT )
Pressure on McCain in second debate - Brisbane Times ( Wed, 08 Oct 2008 00:47:14 GMT ) Pressure on McCain in second debate Brisbane Times, Australia - 44 minutes ago ... from an overseas news agency as an additional service to readers. Spelling follows North American usage, along with foreign currency and measurement units. |
Japanese yen higher against majors - RTT News ( Wed, 08 Oct 2008 00:23:04 GMT ) Japanese yen higher against majors RTT News, NY - 1 hour ago (RTTNews) - The Japanese currency gained ground against a basket of currencies on Wednesday morning in Asia. As of 7:55 pm ET, the yen advanced to 101.12 ... |
Mixed meat message as dollar falls - ABC Online ( Wed, 08 Oct 2008 00:49:59 GMT ) Mixed meat message as dollar falls ABC Online, Australia - 41 minutes ago Justin Morrissey, from Wellard Rural Exports, says while the declining currency means Australian cattle is more affordable overseas, the market is very ... |
UK government to launch bank rescue bid - Peninsula On-line ( Wed, 08 Oct 2008 00:45:26 GMT ) UK government to launch bank rescue bid Peninsula On-line, Qatar - 46 minutes ago The decision comes after Iceland took over its second largest bank, propped up a battered currency and sought a 4bn euro ($5.44bn) loan from Russia to help ... |
Iceland teeters on the brink of bankruptcy - Houston Chronicle ( Wed, 08 Oct 2008 00:17:11 GMT ) Iceland teeters on the brink of bankruptcy Houston Chronicle, United States - 1 hour ago But now they are watching helplessly as their economy implodes their currency losing almost half its value, and their heavily exposed banks collapsing ... |
Economists predict cut in OCR to 6.5 pc - BusinessDay.co.nz ( Wed, 08 Oct 2008 01:16:21 GMT ) Economists predict cut in OCR to 6.5 pc BusinessDay.co.nz, New Zealand - 15 minutes ago BNZ currency strategist Danica Hampton said the Australian cut "raises the risk of the RBNZ taking aggressive action". She said a 100 point cut should not ... |
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