Thursday, February 9, 2012

Dollar, Yen Gain as Global Financial Losses Spur Haven Demand (Bloomberg)

February 20, 2009 by · Leave a Comment 

Feb. 20 (Bloomberg) — The dollar and yen advanced against most of their major counterparts as concern losses at financial firms will deepen encouraged demand for havens. Read more….

NFP Friday – Dollar set to defy yet another dismal Non-Farm number? Answer at 13:30 GMT.

February 6, 2009 by · Leave a Comment 

The Jan US employment report is released at 13:30 GMT. Similar to consensus (-540k) and previous (524k), expect -525k, with the jobless rate jumping to 7.5% from 7.2% (its monthly average rise has been 0.3pp the past three months). We expect a number in-line with consensus to be overlooked by the dollar. However, if we [...]

Dollar recovers from multi-year high versus Mexican peso (Nasdaq)

February 4, 2009 by · Leave a Comment 

(RTTNews) – After hitting a new multi-year high of 14.7064 by about 11:15 am ET, the US dollar edged down against the Mexican peso in New York afternoon deals on Wednesday. Read more….

Euro slips to 2-day low against Canadian dollar (Nasdaq)

February 4, 2009 by · Leave a Comment 

(RTTNews) – In early trading on Wednesday, the European common currency pared gains it posted in the early European session against the Canadian dollar. The euro slipped to a 2-day low of 1.5920 against the loonie by 6:50 am ET, down from a weekly high of 1.6125 hit around 3:00 am. Read more….

Canadian Dollar Weakens Against Most Majors (Nasdaq)

February 4, 2009 by · Leave a Comment 

(RTTNews) – After a downtrend in early European session, the Canadian currency edged up against most of its major counterparts during New York morning deals on Wednesday. The loonie climbed to 5-day high versus the US dollar and 2-day high against the yen during the same time. Read more….

Rouble fixes at 36.0135/dlr , 46.8596/euro (Reuters via Yahoo! Singapore News)

February 4, 2009 by · Leave a Comment 

MOSCOW, Feb 4 (Reuters) – The Russian rouble firmed in early official trade on Wednesday to a weighted average for tomorrow settlement of 36.0135 per dollar compared with 36.1290 the previous session. Read more….

Euro May Extend Drop on Eastern Europe’s Slump, Economic View (Bloomberg)

February 4, 2009 by · Leave a Comment 

Feb. 5 (Bloomberg) — The euro may extend its decline against the yen and dollar on speculation the slump in Eastern Europe will cause the regional economic slowdown to deepen. Read more….

3 Reasons Why the Dollar is Higher

February 4, 2009 by · Leave a Comment 

The US dollar traded higher against the Euro and commodity currencies but remained unchanged against the British pound and Japanese Yen. The strength of the dollar can be attributed to three primary factors. Read more….

Swiss Franc Soars To 6-day High Against Yen (Nasdaq)

February 4, 2009 by · Leave a Comment 

(RTTNews) – During Asian deals on Wednesday, the Swiss franc showed mixed performance against its major counterparts. While the franc climbed to a 6-day high against the yen, it recovered early losses against the dollar. Read more….

Japan’s Yen Rises Against Euro, Dollar on U.S. Stimulus Concern (Bloomberg)

February 4, 2009 by · Leave a Comment 

Feb. 4 (Bloomberg) — The Japanese yen rose against the euro and the dollar as traders sought refuge in the currency amid concern the U.S. fiscal stimulus plan will meet Senate resistance and widening credit losses will erode earnings. Read more….

Singapore Dollar Slides Against Hong Kong Dollar (Nasdaq)

February 4, 2009 by · Leave a Comment 

(RTTNews) – The Singapore dollar declined against its Hong Kong counterpart during Wednesday’s early Asian session. At about 7:10 pm ET, the Singapore dollar touched 5.1363 versus the Hong Kong dollar, compared to Tuesday’s closing value of 5.1527. As of now, the pair is trading near 5.1422. Read more….

Hong Kong Dollar Edges Down Against Greenback (Nasdaq)

February 4, 2009 by · Leave a Comment 

(RTTNews) – The Hong Kong dollar weakened against the US currency in early Asian trading on Wednesday. At about 8:35 pm ET, the Hong Kong currency dipped to 7.7551 per greenback, compared to 7.7539 hit late New York Tuesday. Read more….

Indian Rupee Eases From 15-day High Against Dollar (Nasdaq)

February 4, 2009 by · Leave a Comment 

(RTTNews) – The Indian rupee that jumped to a 15-day high of 48.19 against the dollar at 7:00 pm ET Tuesday reversed direction shortly thereafter. The rupee dipped to 48.6950 per dollar by about 11:40 pm ET. If the Indian currency weakens further, it is likely to target the 48.88 level. Read more….

Canadian Dollar Falls To 1-week Low Against Euro (Nasdaq)

February 4, 2009 by · Leave a Comment 

(RTTNews) – After a brief uptrend, the Canadian dollar slipped against the euro during early deals on Wednesday. The pair moved from 1.5995 to 1.6125 by about 2:55 am ET. This set a 1-week low for the loonie. On the downside, 1.629 is seen as the next target level for the loonie. Read more….

Canadian Dollar Slides To 1-week Low Against Euro (Nasdaq)

February 4, 2009 by · Leave a Comment 

(RTTNews) – During early deals on Wednesday, the Canadian dollar weakened to a 1-week low against the euro. Against the currencies of US and Japan, the Canadian dollar pared the gains it posted in early Asian trading. The loonie thus fell from a 2-day high against the greenback and the yen. Read more….

Chinese Yuan Climbs To 16-Day High Versus US Dollar (Nasdaq)

February 4, 2009 by · Leave a Comment 

(RTTNews) – The Chinese yuan climbed to a 16-day high against its US counterpart during Wednesday’s early session. The yuan moved higher against the euro too. Read more….

Australian dollar bounces back against majors (Nasdaq)

February 4, 2009 by · Leave a Comment 

(RTTNews) – Wednesday, the Australian dollar reversed its early Asian session’s downtrend against the other major currencies. Read more….

Australian dollar slides to 2-day low against euro (Nasdaq)

February 4, 2009 by · Leave a Comment 

(RTTNews) – During early deals on Wednesday, the Australian dollar edged down against its major counterparts as services sector activity in Australia fell for the tenth consecutive month in January. The Aussie slipped to a 2-day low against the European currency. Read more….

Rand Falls Against Dollar on Bets Rate Cuts Won’t Stop Slowdown (Bloomberg)

February 4, 2009 by · Leave a Comment 

Feb. 4 (Bloomberg) — South Africa’s rand weakened against the dollar on concern slowing economic growth will make it difficult for the nation to finance its current-account deficit even as policy makers cut interest rates to boost the economy. Read more….

Rouble fixes at 36.0135/dlr , 46.8596/euro (Reuters via Yahoo! Philippines News)

February 4, 2009 by · Leave a Comment 

MOSCOW, Feb 4 (Reuters) – The Russian rouble firmed in early official trade on Wednesday to a weighted average for tomorrow settlement of 36.0135 per dollar compared with 36.1290 the previous session. Read more….

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