| Currency Correlations Tighten Through Risk and Dollar-Based Foundations (DailyFX) Forex Correlations : How Do Currencies Trade In Relation To Each Other? finance.yahoo.com |
Sterling Raises $730 Million to Avert Foreclosure (at New York Times) Sterling Financial said it has raised $730 million from private equity and institutional investors which will see Sterling Savings Bank, Washington s second-largest bank, avoid being seized and sold. us.rd.yahoo.com |
China s Wen: Major exchange rates should be stable [at Reuters] - Exchange rates of major reserve currencies should be relatively stable, China s Prime Minister Wen Jiabao said on Monday, at the opening of a two-day summit of European Union and Asian leaders in Brussels. us.rd.yahoo.com |
Colombia cenbank modifies forex intervention rules * Peso falls on central bank's announcement * Colombia streamlines rules for intervention BOGOTA, Oct 15 - Colombia's central bank said it modified its foreign exchange intervention rules to make it easier for the bank to enter the market more directly and help control the rising peso. us.rd.yahoo.com |
Kiwi hits low over euro crisis fears The New Zealand dollar tested support yesterday at its lowest level in a month against the greenback, as investors once again shunned risk amid growing fears about the euro zone's debt crisis.The NZ dollar was plumbing lows as... nzherald.co.nz |