US dollar mixed in Europe (AP)
The U.S. dollar was mixed against other major currencies in European trading Tuesday morning. Gold fell. The euro traded at $1.4331, up from $1.4329 late Monday in New York. us.rd.yahoo.com |
Beijing in new move to expand its currency
BEIJING - China sold government bonds denominated in the mainland's yuan for the first time yesterday in Hong Kong, adding to gradual moves to expand the international use of its tightly controlled currency.Bonds from the 6 billion... nzherald.co.nz |
U.S. trade gap widens 18.2 percent in September (Reuters)
The U.S. trade deficit widened in September by an unexpectedly large 18.2 percent, the largest increase in more than 10 years, as oil prices rose for the seventh straight month and imports from China bounded higher. us.rd.yahoo.com |
U.K. and German Industrial Porduction Miss Estimates Raising Growth Concerns (Daily FX)
German Industrial production in October unexpectedly fell by 1.8% following three straight months of positive gains. The drop in activity follows a 3.1% improvement in September as manufacturing and mining contracted by 1.6%. us.rd.yahoo.com |
Australian Dollar Benefits From Risk Appetite, Japanese Yen Halts Two-Day Advance (Daily FX)
The Australian dollar advanced for the second day to reach a high of 0.9093, and is the best performing currency against the greenback on Monday as investors raise their appetite for risk, while the Japanese Yen halted its two-day rally, with the exchange rate rising to a high of 90.36. us.rd.yahoo.com |