Currency News

Georgian Railways eyes London IPO

May 13th, 2012 | By admin

Prime minister says the former Soviet republic may list up to 25% of the company in the wake of the placing of a $ 250m oil and gas eurobond
Financial Times – Currency Markets News and Data



Eurozone concerns boost dollar and yen

May 13th, 2012 | By admin

Euro falls but holds above the previous session’s 15-week low while sterling’s decline is exacerbated by soft economic data on house prices
Financial Times – Currency Markets News and Data



Electorates, like investors, cannot have it both ways

May 13th, 2012 | By admin

Maybe markets will keep giving Paris the benefit of the doubt, yet it is a safe bet that its influence within EU will wane relative to Germany
Financial Times – Currency Markets News and Data



Dollar in a rut as recovery disappoints

May 12th, 2012 | By admin

It has not always been easy to predict how the US currency will react, but with QE3 still on the cards, its moves are proving even tougher to forecast
Financial Times – Currency Markets News and Data



Greek left attacks ‘barbarous’ austerity

May 12th, 2012 | By admin

Country heads for clash with international lenders as the ECB, in an unusually blunt intervention, raises the possibility of its exit from the euro
Financial Times – Currency Markets News and Data



Centre-left in push to create Greek coalition

May 12th, 2012 | By admin

A government official has said that the chances of reaching a cross-party agreement are now minimal, and that a fresh election was likely
Financial Times – Currency Markets News and Data



Bank fears inflation more than recession

May 12th, 2012 | By admin

As soon as the MPC made its announcement of no change to interest rates or gilts purchases, the pound spiked, illustrating dilemma for policymakers
Financial Times – Currency Markets News and Data



Aussie dollar: down under

May 12th, 2012 | By admin

Canberra has effectively joined forces with the central bank to weaken the currency but foreign exchange market can be reluctant to ditch favourite bets
Financial Times – Currency Markets News and Data



Japanese carmakers predict bounceback

May 12th, 2012 | By admin

Toyota, Nissan, Honda and others expect strong results after overcoming supply problems amid natural disasters and a strong yen
Financial Times – Currency Markets News and Data



Is crisis-hit Europe a place for investors?

May 11th, 2012 | By admin

Experts have mixed views following elections in Greece and France and predictions of market turmoil
Financial Times – Currency Markets News and Data



Euro fall would raise stakes for China/US

May 11th, 2012 | By admin

Speculation that the single currency will be tied to the dollar at close to parity is an indication of Europe’s plight in a world with little growth
Financial Times – Currency Markets News and Data



Euro pares losses on Greek uncertainty

May 11th, 2012 | By admin

Single currency falls to its weakest level since January, but reversed losses late in London on hopes for a resolution to the Greek political impasse
Financial Times – Currency Markets News and Data



RBI moves to prop up the rupee

May 10th, 2012 | By admin

The Reserve Bank of India introduces measures forcing exporters to convert income into local currency, prompting a rally in morning trade
Financial Times – Currency Markets News and Data



Renminbi rises to a delicate equilibrium

May 10th, 2012 | By admin

Despite recent US Treasury claims, the traditional view that China’s currency is deeply undervalued no longer appears to be the given it once was
Financial Times – Currency Markets News and Data



Pound rises as BofE puts hold on QE

May 10th, 2012 | By admin

Sterling reverses earlier losses against major currencies, while euro was steady against dollar
Financial Times – Currency Markets News and Data



Equity buyers tempted after days of losses

May 10th, 2012 | By admin

Some buyers return to growth-focused assets but worries over the eurozone lurk beneath the surface while China trade data raise global growth concerns
Financial Times – Currency Markets News and Data



Consensus on sterling strength is risky

May 9th, 2012 | By admin

Many analysts forecast more gains for the pound versus the euro as worries building about the eurozone project, but bulls should be careful
Financial Times – Currency Markets News and Data



Resilience of euro frustrates forex trade

May 9th, 2012 | By admin

Investors are turning to other markets amid frustration at the strength of the euro, and a lack of volatility in the most widely traded currencies
Financial Times – Currency Markets News and Data



Miners defy FTSE 100’s move into red

May 9th, 2012 | By admin

Miners rallied despite the London benchmark shifting further into negative territory for the year, finishing lower for the third straight day
Financial Times – Currency Markets News and Data



Haven currency rally continues

May 9th, 2012 | By admin

Political uncertainty after weekend elections continues to drive markets with the euro near its lowest point since January, while yen and dollar rise
Financial Times – Currency Markets News and Data



Debate over IMF finance flows guidance

May 6th, 2012 | By admin

Brazil wants fund to study ‘currency war’ – impact of rich countries’ loose monetary policy on emerging markets, whose exchange rates have appreciated
Financial Times – Currency Markets News and Data



UK companies lock in value of pound

May 5th, 2012 | By admin

Currency brokers say there has been an unusually high demand for currency tools that allow importers to fix their exchange rate in advance
Financial Times – Currency Markets News and Data



Syrian sanctions finding unintended targets

May 4th, 2012 | By admin

The measures directed at Assad are causing pain elsewhere and are failing to fuel anger at the regime
Financial Times – Currency Markets News and Data



Haven status lifts pound to annual high

May 4th, 2012 | By admin

Sterling climbs to the strongest level against the euro since June 2010 as the UK currency continues to benefit from demand in Europe
Financial Times – Currency Markets News and Data



Aussie slides after unexpected rate cut

May 4th, 2012 | By admin

Currency hits one-week low against US dollar following RBA decision, while sterling falls after PMI data show slowdown in manufacturing
Financial Times – Currency Markets News and Data