GLOBAL MARKETS-Stocks rise, dollar strong as US growth lifts holiday mood Reuters * Robust U.S. GDP enhances risk appetite, lifts shares | * Dollar/yen edges back towards 7-1/2 year high | * Markets bring forward timing of Fed rate hike | * Rouble dips after S&P; puts Russia on junk downgrade warning | By Marc Jones | LONDON, Dec 2...
Australian dollar on track to dip below parity with New Zealand Sydney Morning Herald The Australian dollar is on the verge of a historic low against the New Zealand dollar and could even go below parity next year, according to foreign exchange broker ThinkForex. | Currently, one Australian dollar buys $1.049 New Zealand dollars - jus...
Australian dollar steadies as investors take a break Sydney Morning Herald The Australian dollar struggled for momentum on Monday, having steadied from volatility as investors found little incentive to trade in the final two weeks of the year. | Many traders have closed their books for 2014, and thin markets make for choppy...
FOREX-Dollar hits multi-year highs on extended Fed rally, year-end bets Reuters * Dollar index hits over 8-1/2-year highs | * Dollar hovers near 28-month high against Swiss franc | * Expected 2015 Fed rate hikes lift dollar | * Dollar slips against rouble (Updates prices, adds comments) | By Sam Forgione | NEW YORK, Dec 19 (Reut...
Naira Firms Against Dollar, Exchanges At N184 All Africa [Daily Trust]Naira firmed against the dollar on the interbank market yesterday, supported by dollar sales by two energy companies and a naira cash shortage in the banking system, traders said. ...
Yen rises to one-month high versus dollar on safety bid Reuters LONDON Dec 16 (Reuters) - The yen hit a one-month high against the dollar on Tuesday as investors bought currencies traditionally seen as safe havens amid a slide in oil prices that has triggered a bout of volatility across asset classes. | The dolla...
Naira Gains On Oil Firms' Dollar Sales All Africa [Leadership]The naira firmed against the dollar in the interbank market on Monday, supported by dollar sales by two energy companies and a naira cash shortage in the banking system, traders said even as they anticipate further gains this week. ...
Pain for Russia, gain for the West - the price of low oil The Independent Vladimir Putin warned yesterday it could take Russia two years to emerge from its current economic crisis. What does that imply for Russia? And what knock-on effects could this have on the rest of the world? | Given Russia’s currency crisis has been driven, to a large degree, by the fall in the global oil price, two more years of Russian economic...
CANADA STOCKS-Gold miners nudge TSX higher, but energy stocks weigh Reuters TORONTO Dec 24 (Reuters) - Canada's main stock index touched its highest level in nearly three weeks on Wednesday, as rising shares of gold miners offset a drop in oil prices that weighed on the energy sector. | Gold stocks rose more than 3 percent even as gold prices languished near three-week lows. | "The golds had bottomed this month," said John...
