Category: Market Feeds
Dollar Continues to Strengthen
The dollar held near a 3-1/2-year high against the yen and was little changed against the euro on Monday after last week’s stronger-than-expected U.S. jobs growth fueled speculation the Federal Reserve could back off its ultra-loose monetary policy sooner than anticipated.
Euro Dips Below the Comfort Level
The euro slipped against the dollar Monday as caution ahead of a round of monetary policy meetings this week pushed the currency to its lowest level against the greenback in over two months.
The euro traded at $1.3019, down from $1.3066 late Friday.
Euro Official, in New Role, Aims to Mend Rift Over Austerity
English: Euro bank records Türkçe: Euro banknotlar (Photo credit: Wikipedia)
BRUSSELS — Jeroen Dijsselbloem, a newly inaugurated boss of a organisation of ministers overseeing a euro, pronounced on Monday he wanted to reanimate a difference over purgation policies that had bred distrust between southern and northern nations regulating a currency.
Mr. Dijsselbloem, 46, a Dutch financial minister, also pronounced he wanted to urge a status of a group, and a picture of a currency, after 3 years of near-constant crises and moments of low division.
The usually antithesis during a opinion to elect Mr. Dijsselbloem, hold late Monday, came from Luis de Guindos, a Spanish economy minister. Mr. Dijsselbloem, whose tenure lasts two-and-a-half years, told a news discussion that Mr. de Guindos offering no reason for a preference though he pronounced a Spanish pierce should not “lead to thespian consequences.”
Spain is among a countries in southern Europe to have been hardest strike by a purgation policies that northern nations like Finland, Germany and a Netherlands have insisted on as an critical resolution to a euro crisis.
Dollar Tumbles, Euro Soars After Fed Unveils New Stimulus – CNBC.com
Dollar Tumbles, Euro Soars After Fed Unveils New StimulusCNBC.comThe euro remained firm after Germany’s Constitutional Court on Wednesday cleared ratification of the euro zone’s permanent rescue fund, paving the way for the European Central…
Asian Stocks Fall 5th Day as U.S. Manufacturing Contracts
Asian bonds fell a fifth day, with the informal benchmark index headed for a longest losing
streak in dual months, as mercantile reports from a U.S. to China and Australia stoked regard tellurian expansion is slowing.
