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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

Euro May Fall Below 120 Yen on Greek Labor Concern, Mizuho Says

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By Hiroko Komiya Greek teachers, hospital workers and tax collectors plan to strike for 24 hours tomorrow as 600,000 public workers oppose Prime Minister George Papandreou ’s plan to freeze wages and reduce benefits. Private-sector employees will follow Feb. 24. “Europe’s fiscal
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Yen Weakens on Speculation Importers Selling After Recent Gain

Feb. 9 (Bloomberg) -- The yen fell for the first time in four days against the euro on speculation Japanese companies sold the currency to take advantage of its 3 percent advance in the past week. The yen declined for a third day versus the dollar on the prospect that Japan’s importers

Euro Near 8-Month Low Against Dollar on Greece Fiscal Crisis

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Feb. 9 (Bloomberg) -- The euro traded near an eight-month low against the dollar on concern a European Union summit this week will fail to address Greece’s fiscal crisis, damping demand for assets in the region. The 16-nation currency was close to the weakest in 11 months versus the yen
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Euro Near 8-Month Low Against Dollar on Greece Fiscal Crisis

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By Yoshiaki Nohara The 16-nation currency was close to the weakest in 11 months versus the yen after EU President Herman Van Rompuy yesterday said the Feb. 11 summit will focus on long-term economic strategy, making no direct reference to Greece. Australia’s dollar fell for a second
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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

Kirin Says It’s Terminated Merger Talks With Suntory (Update1) - Bloomberg.com

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“Kirin determined that even if negotiations were to continue, they were unlikely to result in the establishment of a company that would fulfill Kirin’s aim of developing as a leading global company,” the company said in a statement to the Tokyo Stock Exchange today. Suntory wanted a
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Euro Weakens for Fourth Day Against Dollar on Budget Concerns

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Feb. 8 (Bloomberg) -- The euro weakened for a fourth day against the dollar on speculation widening budget deficits in some European nations will deter investors from buying the region’s assets. The 16-nation currency approached an 11-month low against the yen as concern about sovereign
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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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Japan Current-Account Surplus Widens for Fifth Month (Update1) - Bloomberg.com

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The surplus rose to 901 billion yen ($10 billion) from a year earlier, the Ministry of Finance said in Tokyo today. The median estimate of 24 economists surveyed by Bloomberg was for the gap to grow to 1.01 trillion yen. A surge in global trade probably helped the world’s second- largest
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