| Dollar weakens vs yen, euro after Fed announcement (at Reuters) The U.S. dollar fell against the yen and pared gains against the euro on Tuesday after the Federal Reserve said it would begin reinvesting proceeds from maturing mortgage bonds into longer-term government debt to support a flagging economy. us.rd.yahoo.com |
Dollar falls against yen after housing data (at MarketWatch) The dollar declined further against the yen Tuesday morning after data showed a more than 27% fall in existing U.S. home sales. The dollar fell against the Japanese currency to a low of 83.57, a loss of more than 1%. us.rd.yahoo.com |
Forex flexibility needed for rebalancing growth: U.S. [Reuters] - Letting currency exchange rates adjust in response to market conditions is critical for rebalancing global growth and will be on the agenda when finance chiefs meet on Friday and Saturday, a senior U.S. finance.yahoo.com |
Oz dollar could hit parity ahead of US CPI SYDNEY - The Australian dollar could reach parity with the US dollar in the upcoming offshore session with the release of crucial inflation data in the US.The local currency was hovering around 99 US cents on Friday ahead of... nzherald.co.nz |
Ireland's rating slips two points Ireland's debt rating was lowered two steps by Standard & Poor's yesterday, with a negative outlook, as the nation's bailout of its banking system is set to escalate the Government's borrowing needs."The Irish Government looks... nzherald.co.nz |