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Currency news


Economic Outlook: data set to deepen woe

Sun, 20 May 2012 22:09:25 GMT

A series of statistics published this week are unlikely to ease fears over the eurozone, particularly the release of several manufacturing surveys

Global equities extend losing streak

Fri, 18 May 2012 21:19:50 GMT

Growth assets are shunned as investors fret about the future of the eurozone and the global economy, sending yields on German Bunds lower

Brazil stimulus fails to raise growth

Fri, 18 May 2012 19:14:32 GMT

Contraction makes Brazil’s growth second slowest in Latin America and comes as Asia’s major emerging markets, China and India, are also decelerating

Euro remains close to annual lows

Fri, 18 May 2012 18:20:34 GMT

Single currency ceases sell-off but remains below $1.27, while Aussie and New Zealand dollar fall to fresh lows on global economic concerns

South calls on Khartoum to renew talks

Fri, 18 May 2012 15:20:17 GMT

Negotiator Pagan Amum said the North had not complied with a May 2 resolution giving the neighbours two weeks to resume talks

A permanent precedent

Thu, 17 May 2012 18:10:42 GMT

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

Barclays leads UK banking sector falls

Thu, 17 May 2012 16:21:44 GMT

Banks lead FTSE 100 to a fourth straight decline, as risk aversion dragged the wider market to a new five-month low

Battered rupee highlights India woes

Thu, 17 May 2012 16:02:14 GMT

New Delhi appears unable to rectify the underlying economic vulnerabilities that have helped send the currency to new lows

Euro lower as investors remain wary

Thu, 17 May 2012 15:30:48 GMT

Single currency dips against dollar as markets await developments in Greece, while sterling weakens further after the BoE hints at further easing

ECB bars access to four Greek banks

Wed, 16 May 2012 19:01:56 GMT

Lenders will have to rely on ‘emergency liquidity assistance’ – a temporary facility provided by the Greek central bank but subject to ECB approval

Euro starts to crack as investors eye exit

Wed, 16 May 2012 17:18:23 GMT

Analysts believe that investor behaviour suggests that the buttresses that have supported the currency in recent months are weakening

Multinationals act to mitigate euro risk

Wed, 16 May 2012 15:14:56 GMT

Although most companies say the chances of a euro collapse are slim, many have been sweeping the single currency out of their accounts daily

Rupee hits record low on India worries

Wed, 16 May 2012 14:47:02 GMT

Sell-off comes despite repeated attempts by the country’s central bank to support the currency this week, as investors retreat from emerging markets

Sterling drops to four-week low

Wed, 16 May 2012 10:47:35 GMT

Pound falls after BoE cuts growth forecasts in its inflation report, while euro continues to lose value on Greece political concerns

Asia dives as risk aversion takes hold

Wed, 16 May 2012 10:26:02 GMT

FTSE Asia Pacific falls as eurozone fears weigh on markets, hitting financials and exporters and capping gains for Japanese lenders

Brazil sugar production costs rise

Tue, 15 May 2012 22:42:01 GMT

Even with abundance of sunshine, water and land suitable for cane production, the advantages of once vaunted low South American cost base is eroding

Euro falls on Greek woes

Tue, 15 May 2012 21:28:07 GMT

Single currency bounces off multi-month low, while sterling falls against the dollar ahead of the quarterly inflation report from the Bank of England

Two-speed Australian economy creates unease

Tue, 15 May 2012 14:01:47 GMT

Retail, tourism and manufacturing sectors are struggling with the strong dollar, while resource businesses are enjoying the fruits of the mining boom

Brasília cheers the real’s decline

Mon, 14 May 2012 22:39:15 GMT

Guido Mantega, finance minister, says the drop in value is ‘no cause for concern’ while development minister says the currency is at a ‘good level’

Faith fades in eurozone firewall

Mon, 14 May 2012 21:20:41 GMT

Analysts and investors have questioned whether €500bn system is big enough to rescue the larger economies at risk