Dollar turn down as stocks gain; U.K. pound higher (at MarketWatch)
The U.S. dollar etends a drop that followed strong earnings and a weak retail sales report. The British pound extended gains to hit a two-month high versus the greenback. us.rd.yahoo.com |
S.Sudan economy in foreign exchange crisis-finmin (at Reuters)
* Foreign exchange reserves drying up * Imports, investor confidence eroded By Jeremy Clarke JUBA, Sudan, Aug 23 - South Sudan said on Monday that the central government had stopped paying its share of oil revenues in foreign currency, creating a foreign exchange crisis in the region ahead of a January vote on independence. us.rd.yahoo.com |
Currencies: Dollar up; renewed bank worries weigh on euro
[at MarketWatch] - The U.S. dollar was higher versus most major rivals but slipped back toward a 15-year low against the Japanese yen Tuesday, as a revival of jitters over the European banking sector spurred demand for safe-haven currencies. us.rd.yahoo.com |
Dollar rises from recent lows
The dollar edged up by midday Friday against the euro and the pound after sinking to multimonth lows earlier. A broad measure of the dollar's value ticked up 0.1 percent after dropping about 8 percent since Federal Reserve Chairman Ben Bernanke first hinted that the Fed was ready to act to provide further support to the economy. finance.yahoo.com |
MONEY MARKETS-Short U.S. rates likely to fall into year-end
* U.S. bill auctions point to lower rates as year-end nears * Banks' funding remains pressured despite Irish rescue * ECB faces exit strategy dilemma this week By Ellen Freilich and Kirsten Donovan ... reuters.com |