| British Pound, Euro Weighed By Unexpected Decline in Business Outputs (DailyFX) The British Pound pared the previous day’s advance and slipped to a low of 1.5839 during the European trade as the economic docket reinforced a weakened outlook for future growth, and the GBP/USD may continue to trend lower going into the end of the week as the labor market in the world’s largest economy is expected to deteriorate for the second consecutive month in July. finance.yahoo.com |
NZ dollar pushes higher vs greenback The New Zealand dollar continued to gain some of the ground lost to the greenback last week as investors found more of their appetite for risk.By 8am today the kiwi was buying US71.24c, up from US71.02c at 5pm yesterday.BNZ... nzherald.co.nz |
France and China hold talks on exchange rates [at Financial Times] - France and China have been in talks for the past year as part of an effort by Paris to heighten co-ordination of exchange rates to promote stability of the international monetary system in the wake of the financial crisis. us.rd.yahoo.com |
Brian Fallow : Currency scrap yet to become a brawl Currency wars is a phrase that has gained some currency of late. It is the kind of expression we journalists love, evoking conflict and carnage. But is it warranted?Certainly there is an elevated level of bad temper between the... nzherald.co.nz |
Seoul shares open down on Euro, N.Korea worry SEOUL, Nov 30 (Reuters) - Seoul shares opened lower onTuesday after falls on Wall Street on increasing worries aboutthe European credit crisis, while lingering North Korea tensionmade investors cautious. ... reuters.com |