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US Dollar Gains Amid Euro Debt Crisis; Yen Underperforms on Ratings Cut
The US Dollar rallied overnight as ongoing euro debt woes sent investors back to the safe ... Japan’s long-term foreign exchange rating was downgraded by two notches to ‘A+’ from ‘AA’ and its local currency rating was cut by one ...(2012-05-22T16:29:03Z)
Pound to euro actually gains despite news of lower inflation rates, but US dollar continues to dominate sterling
The pound to euro exchange rate is 0.09 pct higher on yesterday's close ... has been unable to advance against the US dollar. The US dollar (Currency:USD) - seen as a steady bet in the bad times - tends to perform poorly in market conditions such as ...(2012-05-22T09:41:01Z)
Dollar plummets to new six-month low
Commonwealth Bank currency strategist Joseph Capurso said negativity over the European summit and the possibility that Greece will leave the euro zone had pushed the dollar down. "You've seen most currencies, except for the yen, falling against the US ...(2012-05-23T02:51:49Z)
Euro rebounds vs. dollar ahead of EU meeting
Commerzbank in a note to clients said its order book showed at a spot rate of $1.2778, the density of euro buy orders exceeds that of the sell orders. "The order book analysis therefore suggests that euro/dollar is currently under buying pressure.(2012-05-21T20:26:27Z)
Euro Recovers Monday On Technicals, But Greek Exit Shadows Trade
The euro-to-dollar exchange rate recovered Monday from the lows seen late Friday, when the European currency nearly touched multiyear lows. Still, the rise appeared to spring mostly from technical retracements, as a growing belief that Greece ...(2012-05-21T20:33:37Z)
Euro tumbles on Greek exit fears
NEW YORK (Reuters) - The euro slumped 1 percent against the U.S. dollar on Tuesday, ahead of an informal meeting ... existing home sales rose 3.4 percent to their highest annual rate in nearly two years, although the market's reaction was ...(2012-05-22T20:39:35Z)
CHINA MONEY-Yuan depreciation a realistic possibility
A debt crisis in the euro zone has of late developed ... Spot yuan is trading around 6.33 per dollar on Wednesday, having dropped 0.6 percent so far this year. And the currency's real effective exchange rate (REER), which indicates its value ...(2012-05-23T09:11:12Z)
BBH - US dollar firmer against most EM and G10 currencies as EU summit expectations downplayed
However, given the overextended market positioning and technical exhaustion, the euro remains sensitive to a position squeeze ... the prior written consent of FXstreet.com. Trading foreign exchange on margin carries a high level of risk and may not be ...(2012-05-22T11:28:24Z)
RSD-EUR exchange rate sinks to 114.107
The dinar is 2.3 percent down on this time last month, and 14.9 percent down on the year. On Monday, the indicative dinar-versus-dollar exchange rate was at RSD 89.5589, down one percent from the day before. The dinar weakened against the U.S. dollar by 5 ...(2012-05-22T07:39:20Z)
Brazil's Mantega says exchange rate "favorable"
Brazil's currency, the real, has weakened nearly 9 percent this year as lower benchmark interest rates and concern over the euro zone debt crisis drove investors towards the safe-haven U.S. dollar. The real was slightly stronger in morning trade ...(2012-05-22T14:20:12Z)
