Dollar slides as eyes stay on Europe Canberra Times | The Australian dollar has fallen 1.5 US cents as nervousness grows that a summit of European leaders tonight Australian time won't make progress on a solution to the region's debt crisis. | The local unit was recently trading at 97.64 US cents, down from 99.20 cents on Tuesday. | In morning trade,...
US Dollar Makes A Break To 16-Month Highs As Fear Creeps In The Street | US Dollar Makes a Break to 16-Month Highs as Fear Creeps In | Fundamental Forecast for the US Dollar: Bullish CPI and retail sales do little to alter the outlook for rates and growth The 10-year Treasury Yield pushes towards a fresh record low, shrinking the dollar’s return USDollar breaks t...
FOREX-Euro slides vs dollar as EU summit hopes wane Reuters | * EU summit may not yield meaningful outcome - analysts * Germany says euro bonds do not offer solution * Traders still wary of short squeeze in euro * Yen falls as Fitch downgrades Japan ratings By Gertrude Chavez-Dreyfuss NEW YORK, May 22 (Reuter...
NZ dollar rallies almost US1c ahead of EU meeting NZ Herald | The New Zealand dollar rallied almost 1 US cent as investors digested the Group of Eight leaders pledge to support growth policies in the euro zone, ahead of European Union's Wednesday meeting. | The New Zealand dollar rose as high as 76.57 US cent...
NZ dollar stays near 6-month low NZ Herald | The New Zealand dollar held near a five and half month low after leaders from the eight largest industrial economies pushed for Greece to stay in the euro, even as no concrete decisions were made to support the indebted nation. | The New Zealand do...
US Dollar Makes A Break To 16-Month Highs As Fear Creeps In The Street | US Dollar Makes a Break to 16-Month Highs as Fear Creeps In | Fundamental Forecast for the US Dollar: Bullish CPI and retail sales do little to alter the outlook for rates and growth The 10-year Treasury Yield pushes towards a fresh record low, shr...
NZ dollar up after China lowers bank reserve NZ Herald | The New Zealand dollar rose after China cut the amount of cash that banks must set aside for reserves, a move that may stoke lending and economic activity in the nation's second-largest export market. | The New Zealand dollar traded at 78.47 US cen...
FOREX-Euro near 3-1/2-month low vs dollar on Greek uncertainty Reuters | * Euro down 2.4 pct after falling in 8 of 10 sessions * Greece political uncertainty weighs * Options show bias for euro puts NEW YORK, May 11 (Reuters) - The euro slid to a 3-1/2-month low in volatile trade on Friday as political uncertainty in Gr...
FOREX-Euro near 3-1/2-month low vs dollar as Greece churns Reuters | * Euro down 2.3 pct after falling in 8 of 10 sessions * Greece political uncertainty weighs * Options show bias for euro puts By Julie Haviv NEW YORK, May 11 (Reuters) - The euro hovered near a 3-1/2-month low in volatile trade on Friday as politic...
NZ dollar holds near 4-month low on US, Euro news NZ Herald | The New Zealand dollar held near a four-month low after the European Bailout Fund pledged its support to Greece, easing concerns the indebted nation will leave the euro and America's jobless claims came in better-than-expected. | The Ne...
OECD fears euro woe to snap brittle world recovery Reuters | PARIS (Reuters) - The United States and Japan are leading a fragile developed world recovery that could be blown off course if Europe fails to contain the damage from its problem debtor states, the OECD said on Tuesday. | It urged euro zone leaders to embrace all options for tackling the crisis, potentially including common bonds to go with the c...
Dragonair plans to begin Kolkata-Hong Kong passsenger flight service The Hindu Dragonair, a sister airline of Cathay Pacific Airways, soon plans to operate a direct flight between Kolkata and Hong Kong four times a week. | The Kolkata-Hong Kong passenger flight service will be in addition to the airline’s daily flight from Bangalore. | The Hong Kong-headquartered airline is likely to start the service from Kolkata by Oc...
