| 2 men charged in Florida forex Ponzi scheme (AP) Two men have been charged with mail and wire fraud in Florida for their alleged involvement in a Ponzi scheme involving foreign currency markets, or forex. finance.yahoo.com |
Currencies: Yen soars against dollar after home sales plunge (at MarketWatch) The Japanese yen reaches multiyear highs against the dollar after data show that existing U.S. homes sales in July fell by more than 27%, surprising the market. us.rd.yahoo.com |
NZ dollar drifts lower in quiet trade The New Zealand dollar eased slightly today as equity markets weakened on renewed fears about the strength of European banks.By 5pm, the NZ dollar was buying US71.70c from US71.94c at 8am and US72.32c at 5pm yesterday. It fell... nzherald.co.nz |
Enel Sets Range for $4.9 Billion Green Power I.P.O. In what will be the largest European initial public offering of the year, Enel, the indebted Italian energy producer, said Friday that it had set the price range for the I.P.O. of its Green Power arm at between 1.80 euros and 2.10 euros per share, valuing the unit at up to 10.5 billion euros. us.rd.yahoo.com |
Dollar falls to lowest level in a month The New Zealand dollar fell to its lowest level in a month after breaking through a support level when the Australian dollar came under pressure.The market remained plagued by risk aversion and some analysts were calling the NZ... nzherald.co.nz |