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

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….

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

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….

Dollar jumps on euro, pound (CNN Money)

The dollar rose strongly against the euro and pound Wednesday, after weak economic reports from the region supported many investors’ beliefs that the regions’ central banks will cut interest rates on Thursday. Read more….

Euro Struggles With 1.3000 Pound Holds 1.44000

Another rambling night of trade in the currency market as the EUR/USD struggled with the 1.3000 handle after staging a reversal in North American session yesterday. Better risk appetite and the growing political woes of the Obama administration helped fuel Tuesday’s rally, but the unit could not hold its gains as dour economic data and [...]

Pound Declines Against Euro on Speculation Slump Deepening (Bloomberg)

Feb. 3 (Bloomberg) — The pound dropped against the euro for a second day on speculation economic reports this week will add to evidence the Bank of England needs to cut interest rates further to revive growth. Read more….

View of the Day: How to defend the rouble (Financial Times)

If the Russian central bank is to defend the new floor it has set for the rouble, further rises in interest rates will be required, says Neil Shearing at Capital Economics. Read more….

Dollar, Yen Fall as Efforts to Support Growth Pare Haven Demand (Bloomberg)

Feb. 3 (Bloomberg) — The dollar and yen fell against most of the other major currencies as government efforts to revive global economic growth reduced the currencies’ haven demand. Read more….

Mexican Peso Trades Near Record Low on Economic Growth Concerns (Bloomberg)

Feb. 3 (Bloomberg) — Mexico’s peso fell to near a record low on mounting concern the slumping U.S. economy will further curb export demand and trim investment flows to Latin America’s second-biggest economy. Read more….

U.K. Pound Declines Against Euro on Speculation Slump Deepening (Bloomberg)

Feb. 3 (Bloomberg) — The pound dropped against the euro for a second day on speculation economic reports this week will add to evidence the Bank of England needs to cut interest rates further to revive growth. Read more….

Forint Slumps to Record on Recession, Breaks 300 Versus Euro (Bloomberg)

Feb. 3 (Bloomberg) — The Hungarian forint tumbled to a record low against the euro as the trade surplus shrank, fueling concern the economic slowdown will worsen. Read more….

Dollar, Yen Rise as Economy Stokes Haven Demand; Pound Tumbles (Bloomberg)

Feb. 2 (Bloomberg) — The dollar rose to an eight-week high against the euro and the yen advanced as the deepening economic slowdown stoked haven demand for the currencies. Read more….

Yen Gains as Deepening Economic Slowdown Stokes Haven Demand (Bloomberg)

Feb. 2 (Bloomberg) — The yen rose against most of the major currencies as the deepening global economic slowdown stoked demand for Japan’s currency as a haven. Read more….

Pound Will Weaken Against Dollar and Euro, JPMorgan Report Says (Bloomberg)

Feb. 2 (Bloomberg) — The British pound will weaken against the euro and the dollar over the next five months as the government increases borrowing to kickstart economic growth, according to JPMorgan Chase & Co. Read more….

Dollar, Yen Rise Most Since October as Slump Fuels Haven Demand (Bloomberg)

Jan. 31 (Bloomberg) — The dollar and yen had their biggest monthly gains against the euro since October as increased evidence of a global economic slowdown increased demand for the currencies as havens during the financial crisis. Read more….

Canadian Dollar Holds Up Despite Dismal US Economic Data (Daily FX)

The Canadian dollar was one of the few currencies to finish marginally higher against the US Dollar through past week’s trade. Read more….

Canadian Dollar Holds Up Despite Dismal US Economic Data (Daily FX via Yahoo! Finance)

The Canadian dollar was one of the few currencies to finish marginally higher against the US Dollar through past week?s trade. A steady stream of bearish US and Canadian economic data would have normally been enough to sink the CAD, but the Loonie held firm even in the face of Crude Oil price declines. Read [...]

Australian Dollar Likely to Fall on Economic Data, Risk Aversion (Daily FX via Yahoo! Finance)

The Australian Dollar faces a triple threat next week as a heavy load of negative economic data and renewed flight from risky assets combine with bearish technical positioning to put downward pressure on the exchange rate. Read more….

US Dollar: 3 Big Threats

The US dollar continues to rise, but the rally is tempering. After sharp losses this past week, the Euro, Japanese Yen and Australian dollar are beginning to stabilize against the greenback. US equities have been in the red throughout the day, which is why most currencies remained negative despite sharp intraday reversals. Over the next [...]

Yen Rises to Record as Economic Concern Spurs Demand for Haven (Bloomberg)

Jan. 23 (Bloomberg) — The yen strengthened to a record against the pound and near a seven-year high versus the euro as concern the global economic slowdown will deepen spurred investors to take refuge in Japan’s currency. Read more….

For Some in Euro Zone, Dream Turns Nightmarish (New York Times)

Euro membership allowed some countries to gloss over economic problems that have now roared to the fore. Read more….

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