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Currencies

Dollar edges down vs. most rivals; gains vs. yen Currencies - MarketWatch

By Lisa Twaronite , MarketWatch The dollar index /quotes/comstock/11j!i:dxy0 ( DXY 80.16 , -0.14 , -0.17% ) , which tracks the greenback against a trade-weighted basket of six major currencies, fell to 80.091 from 80.309 in late North American trading on Monday. But most

Nordic Currencies: Krone Gains as Investors Bet Drop Overdone

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By Bo Nielsen The krone, which dropped 2.6 percent against the dollar this year, advanced before a report in two days that economists say will show inflation accelerated for a third month in January. The Swedish krona rose against the euro as the Dow Jones Stoxx 600 Index of European
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Rand, Canadian Dollar Rise as Stocks Gain; U.K. Pound Declines

Feb. 8 (Bloomberg) -- The South African rand and the Canadian dollar advanced versus the yen and the U.S. dollar as gains in stocks stoked demand for higher-yielding currencies. The rand rose against all 16 of the most-traded currencies tracked by Bloomberg and the Canadian dollar

NZ dollar near five-month lows; bonds firm

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* Kiwi NZD=D4 eases to $0.6863/73 from opening level around $0.6890/00, but off $0.6807 struck in Friday's offshore trade, its lowest since Sept. 4. * High-yielding currencies like the kiwi are under pressure as concerns over the fiscal health of the euro zone dominate currency
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NZ dollar recovers from five-month low; bonds gain

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* Kiwi NZD=D4 about $0.6890/00, little changed from late Friday levels and comfortably away from a five month low of $0.6807 struck in Friday's offshore trade. * High-yielding currencies like the kiwi were pressured as concerns over the fiscal health of the euro zone dominate currency
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G-7 Report Says Economies Must Allow More Currency Flexibility

By Simone Meier “Countries with inflexible nominal exchange rates must permit greater flexibility in real exchange rates either through higher inflation or a nominal appreciation of their currency,” the document, drawn up by Canada’s finance ministry and obtained by Bloomberg News,

G-7 Report Says Economies Must Allow More Currency Flexibility - Bloomberg.com

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“Countries with inflexible nominal exchange rates must permit greater flexibility in real exchange rates either through higher inflation or a nominal appreciation of their currency,” the document, drawn up by Canada’s finance ministry and obtained by Bloomberg News, said. G-7 finance
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G-7 Report Says Economies Must Allow More Currency Flexibility

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“Countries with inflexible nominal exchange rates must permit greater flexibility in real exchange rates either through higher inflation or a nominal appreciation of their currency,” the document, drawn up by Canada’s finance ministry and obtained by Bloomberg News, said. G-7 finance
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Swiss Franc Forecast Dims on Persistent SNB Intervention

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Fundamental Forecast for Swiss Franc: Neutral - Swiss franc forecast to depreciate against US Dollar -    SNB intervention creates artificial range trading opportunity - Swiss franc forecast to depreciate against US Dollar The Swiss Franc finished the week marginally
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Mexico Peso Headed to Third Weekly Drop on Europe Deficit Woes

By Ye Xie All but three of 26 emerging-market currencies tracked by Bloomberg declined this week against the dollar as credit- default swaps on the sovereign debt of Greece, Spain and Portugal rose to record high levels. Investors pulled out $1.6 billion from emerging-market equity funds,