Currency News

Economic Outlook: data set to deepen woe

May 20th, 2012 | By admin

A series of statistics published this week are unlikely to ease fears over the eurozone, particularly the release of several manufacturing surveys
Financial Times – Currency Markets News and Data



Brazil stimulus fails to raise growth

May 18th, 2012 | By admin

Contraction makes Brazil’s growth second slowest in Latin America and comes as Asia’s major emerging markets, China and India, are also decelerating
Financial Times – Currency Markets News and Data



South calls on Khartoum to renew talks

May 18th, 2012 | By admin

Negotiator Pagan Amum said the North had not complied with a May 2 resolution giving the neighbours two weeks to resume talks
Financial Times – Currency Markets News and Data



Euro remains close to annual lows

May 18th, 2012 | By admin

Single currency ceases sell-off but remains below $ 1.27 while Aussie and New Zealand dollar fall to fresh lows on global economic concerns
Financial Times – Currency Markets News and Data



Asia dives as risk aversion takes hold

May 17th, 2012 | By admin

FTSE Asia Pacific falls as eurozone fears weigh on markets, hitting financials and exporters and capping gains for Japanese lenders
Financial Times – Currency Markets News and Data



Barclays leads UK banking sector falls

May 17th, 2012 | By admin

Banks lead FTSE 100 to a fourth straight decline, as risk aversion dragged the wider market to a new five-month low
Financial Times – Currency Markets News and Data



A permanent precedent

May 17th, 2012 | By admin

If Greece goes:An exit is likely to shatter faith in the eurozone’s integrity for ever, leaving the bloc with a choice between stronger union or disintegration. By Martin Wolf
Financial Times – Currency Markets News and Data



Battered rupee highlights India woes

May 17th, 2012 | By admin

New Delhi appears unable to rectify the underlying economic vulnerabilities that have helped send the currency to new lows
Financial Times – Currency Markets News and Data



Euro moves lower as investors remain wary

May 17th, 2012 | By admin

Single currency dips against the dollar as markets await developments in Greece, while sterling weakens further after the BoE hints at further easing
Financial Times – Currency Markets News and Data



Multinationals act to mitigate euro risk

May 17th, 2012 | By admin

Although most companies say the chances of a euro collapse are slim, many have been sweeping the single currency out of their accounts daily
Financial Times – Currency Markets News and Data



ECB bars access to four Greek banks

May 16th, 2012 | By admin

Lenders will have to rely on ‘emergency liquidity assistance’ – a temporary facility provided by the Greek central bank but subject to ECB approval
Financial Times – Currency Markets News and Data



Euro starts to crack as investors eye exit

May 16th, 2012 | By admin

Analysts believe that investor behaviour suggests that the buttresses that have supported the currency in recent months are weakening
Financial Times – Currency Markets News and Data



Rupee hits dollar low on India worries

May 16th, 2012 | By admin

Sell-off comes despite repeated attempts by the country’s central bank to support the currency this week, as investors retreat from emerging markets
Financial Times – Currency Markets News and Data



Sterling drops to four-week low

May 16th, 2012 | By admin

Pound falls after BoE cuts growth forecasts in its inflation report, while euro continues to lose value on Greece political concerns
Financial Times – Currency Markets News and Data



Brazil sugar production costs rise

May 15th, 2012 | By admin

Even with abundance of sunshine, water and land suitable for cane production, the advantages of once vaunted low South American cost base is eroding
Financial Times – Currency Markets News and Data



Two-speed Australian economy creates unease

May 15th, 2012 | By admin

Retail, tourism and manufacturing sectors are struggling with the strong dollar, while resource businesses are enjoying the fruits of the mining boom
Financial Times – Currency Markets News and Data



Euro rises on German growth data

May 15th, 2012 | By admin

Single currency bounces off multi-month low, while sterling falls against the dollar ahead of the quarterly inflation report from the Bank of England
Financial Times – Currency Markets News and Data



Credit risk is back

May 14th, 2012 | By admin

JPMorgan and Greece’s woes matter to investors because these problems threaten the credibility of banks in general and in the eurozone in particular
Financial Times – Currency Markets News and Data



Faith fades in eurozone firewall

May 14th, 2012 | By admin

Analysts and investors have questioned whether €500bn system is big enough to rescue the larger economies at risk
Financial Times – Currency Markets News and Data



Greece’s exit may become the euro’s envy

May 14th, 2012 | By admin

The historical record – from Korea, Indonesia and Russia – shows clearly that there is life after financial crises, writes Arvind Subramanian
Financial Times – Currency Markets News and Data



Brasília cheers the real’s decline

May 14th, 2012 | By admin

Mantega says the drop in value is ‘no cause for concern’ while development minister says the Brazilian currency is at a ‘good level’
Financial Times – Currency Markets News and Data



Euro drops against dollar on Greece fears

May 14th, 2012 | By admin

Single currency falls below $ 1.29 for first time since January, while Aussie dips below parity against greenback after China’s easing decision
Financial Times – Currency Markets News and Data



Asia shares rise on China policy easing

May 13th, 2012 | By admin

Move to cut banks’ reserve requirements offsets investor concerns over Greece
Financial Times – Currency Markets News and Data



Fear grows of Greece leaving euro

May 13th, 2012 | By admin

ECB council members’ comments indicate risk of eurozone fragmentation is being taken increasingly seriously
Financial Times – Currency Markets News and Data



Overseas investors boost sterling

May 13th, 2012 | By admin

Wave of foreign investment into the UK, including billions in M&A deals, has seen pound rise to multi-month highs
Financial Times – Currency Markets News and Data