Currency

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Latest News in Currencies

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Greek debt crisis boosts single currency
12 Mar 2010 at 11:48am
The yen was in focus this week due to speculation that the Bank of Japan would take steps next week to ease monetary policy even further

Hatoyama says yen is too strong
12 Mar 2010 at 10:04am
The prime minister has told the Japanese parliament that the yen is too strong given the state of the country’s economic recovery

Strong growth outlook lifts Swiss franc
11 Mar 2010 at 3:16pm
The Swiss franc rose to its highest level for a year against the euro as the central bank revised its growth forecast for the economy to 1.5 per cent

Eurozone industrial production speeds ahead
12 Mar 2010 at 4:44am
Industrial production in the eurozone grows at its fastest level for over 20 years in January, amid signs of a far more sustained recovery than had been seen previously

Beijing’s light touch policies under strain
11 Mar 2010 at 10:40am
A raft of mixed economic signals has raised the pressure for more blunt interventions in the wake of the financial crisis

Japan confirms strength of cyclical recovery
11 Mar 2010 at 10:05am
Japan’s economy grew less than initially estimated in the fourth quarter of 2009 but the revised gross domestic product data unveiled were still cause for guarded optimism, said the government

No need to fear renminbi strength
11 Mar 2010 at 9:08am
Markets are overestimating the potential impact of an appreciation of the Chinese renminbi against the US dollar on other currencies, says Antje Praefcke

China data spur talk of further tightening
11 Mar 2010 at 8:48am
Pressure on Beijing to begin raising interest rates and to allow the renminbi to appreciate against the US dollar is set to mount as inflation jumped 2.7 per cent last month from a year before

S Korea cites eurozone woes for rates decision
11 Mar 2010 at 2:27am
South Korea’s central bank held interest rates steady at a record low of 2 per cent for the 13th consecutive month, citing uncertainties caused by Europe’s sovereign debt problems

Weak output puts pressure on sterling
10 Mar 2010 at 3:23pm
Sterling comes under renewed pressure after disappointing production data adds to lingering concerns over the UK’s economic recovery

Traders bet on rise in Swiss franc
10 Mar 2010 at 11:57am
A possible change in policy by the Swiss central bank points to currency’s appreciation, says Peter Garnham

Turkey’s IMF financing talks end
10 Mar 2010 at 7:44am
Turkey’s two-year saga of on-off negotiations with the International Monetary Fund ended as prime minister says country can “stand on its own feet”

Disappointing data weigh on sterling
9 Mar 2010 at 3:32pm
Sterling lost ground on Tuesday as disappointing economic data and renewed concern over the UK’s banking sector and fiscal health weighed on the pound

Beijing still keen to buy US bonds
9 Mar 2010 at 1:30pm
China’s investments in US Treasury bonds are continuing ‘every day’ and should not be politicised, according to the head of China’s foreign exchange administration, which manages $2,400bn in forex reserves

Wide trade gap hits recovery hopes
9 Mar 2010 at 1:01pm
The UK’s trade deficit with the rest of the world reached its widest since August 2008 in January as exports dropped sharply, hitting hopes that the weak pound can deliver an export-driven recovery

Source: Financial Times

November 27 2007 08:31 am

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