| Serbia parliament appoints new bank governor (AP) Serbia s lawmakers have appointed a new Central Bank governor as the national currency fell to its lowest rate ever against the euro. finance.yahoo.com |
Dollar Hits Low Against Yen, Dealing Blow to Japan’s Economy (at New York Times) In Japan, the dollar’s decline has ignited fears that too strong of a domestic currency could harm the country’s recovery, led by exporters like Toyota. us.rd.yahoo.com |
Oil rises above $75 as US dollar weakens [AP] - Oil prices rose above $75 a barrel Wednesday, boosted by a weaker dollar. Gains were limited by a report showing an unexpected rise in U.S. supplies last week, a sign of weak demand. finance.yahoo.com |
Canadian Dollar Pushes Closer Towards Parity, British Pound To Hold Range [DailyFX] - The Canadian dollar is the best performing currency against the greenback on Wednesday, with the exchange rate breaking below 1.0100, while the British Pound is lagging behind the rest of the major currencies as it remains little changed on the day. finance.yahoo.com |
Currencies: Dollar buoyed by Geithner remarks The U.S. dollar edges higher against rivals after Treasury Secretary Timothy Geithner vows there will be no U.S. devaluation of the currency, but strategists say the bounce may prove short-lived. us.rd.yahoo.com |