| Dollar loses ground to the euro (at Financial Times) The dollar dropped to a 10-week low against the euro this week, with the single currency breaching $1.30 for the first time in two months as concerns over the US recovery grew. us.rd.yahoo.com |
PSA Peugeot Citroen swings to profit (at MarketWatch) Car maker PSA Peugeot Citroen said Wednesday it swung to a first-half net profit of 680 million euros from a loss of 962 million euros in the same period a year ago. Revenues increased 20.8% to 28.39 billion euros from 23.50 billion euros, as Faurecia s acquisition of Emcon and Plastal generated 1.28 billion euros of additional revenue. us.rd.yahoo.com |
Eurozone boosted by Norwegian sovereign fund [at Financial Times] - Eurozone bond markets were given a significant lift after one of the world s biggest investors stepped up purchases in the second quarter of debt of the troubled peripheral economies of Greece, Portugal and Ireland. us.rd.yahoo.com |
NZ dollar rises as US dollar falls The New Zealand dollar rose today as the US dollar eased against a range of currencies after the Federal Reserve opened the door for further quantitative easing.The Fed's move eclipsed New Zealand current account data for the... nzherald.co.nz |
Currencies: Dollar’s steady; euro off on Ireland downgrade [at MarketWatch] - As the dollar trades steady, the euro retreats from the highest in nearly eight months against the greenback as Fitch issues an Ireland ratings downgrade. us.rd.yahoo.com |