Talking Points • Japanese Yen: Down Across the Board
• Pound: Trade Deficit Widens as Imports Jump
• Euro: President Trichet Heads to EU Summit Ahead of
Schedule • US Dollar: Wholesale Inventories, IBD/TIPP
Economic Optimism on Tap British Pound Gives
Click to enlarge photo LONDON (AFP) - The European single currency breached
1.37 dollars on Tuesday on hopes that eurozone debt woes may ease, dealers
said. The dollar rose to 89.71 yen from 89.28 late Monday. Reports that the
debt and deficit problems of Greece,
• Euro Finds Little Consolation from EU Finance Ministers’ Greek Guarantees at
G7 • Japanese Yen: Lending Troubles another Road Sign to the Next ‘Lost Decade’
• Commodity Currency Policymakers Start Rolling Back Emergency Aid Dollar
Advances for a Fourth Consecutive Session
AAP At 1200 AEDT, the Australian dollar was trading at $US0.8643/44, down 0.24
per cent from Monday's close of $US0.8664/66. Since 0700 AEDT, the local unit
traded between $US0.8614 and $US0.8686. Senior dealer with online currency
trader Easy Forex, Francisco Solar, said a decline in
At 12:00 (AEDT), the dollar was trading at $US0.8643/44, down 0.24 per cent
from yesterday's close of $US0.8664/66. Since 07:00 AEDT, the local unit traded
between $US0.8614 and $US0.8686. Senior dealer with online currency trader Easy
Forex, Francisco Solar, said a decline in risk
The Australian dollar was lower today, as weak equity markets dragged
high-yielding currencies such as the Australian unit down in morning trade. At
midday, the Australian dollar was trading at 86.43 US cents, down 0.24 per cent
from yesterday’s close of 86.64 US cents. It was also
FOREX: CREDIT DEFAULT SPREADS AND EUR/USD EUR/USD: G7 LEAVES MUCH TO BE DESIRED
GBP/USD: LEADS G7 PUSH FOR BANKING FEE USD/CAD: NEW BUBBLE IN HOUSING ?
NZD/USD: BOLLARD FINDS THAT ECONOMY IS STILL FRAGILE AUD/USD: CUTTING BACK ON
By Chris Fournier The currency, known as the loonie for the image of the
aquatic bird on the C$1 coin, has declined 1.9 percent against the greenback in
2010 on concern the struggle of European nations to contain budget deficits and
China’s move to discourage lending will slow the
Feb. 8 (Bloomberg) -- Norway’s krone and the Canadian dollar advanced as oil
rose for the first time in four days, boosting demand for the currencies of
commodity producers. Canada’s currency rose against 11 of the 16 most-traded
currencies tracked by Bloomberg while the krone gained
Feb. 8 (Bloomberg) -- Norway’s krone and the Canadian dollar advanced as crude
oil futures rebounded from a seven-week low, boosting demand for the currencies
of commodity producers. Canada’s currency rose against all of the 16
most-traded currencies tracked by Bloomberg while the krone
Talking Points • Japanese Yen: Down Across the Board
• Pound: Trade Deficit Widens as Imports Jump
• Euro: President Trichet Heads to EU Summit Ahead of
Schedule • US Dollar: Wholesale Inventories, IBD/TIPP
Economic Optimism on Tap British Pound Gives
