| Demand for haven strengthens dollar (at Financial Times) The dollar advancedon Tuesday as traders cut bets against the US currency ahead of the result of the Federal Reserve s policy meeting later in the session. us.rd.yahoo.com |
[video] Yen surge could hurt exporters (at CNNMoney.com) The Japanese currency hit a 15-year high against the dollar, a 9-year high against the euro, and a 3-month high against the pound. us.rd.yahoo.com |
Eurozone rates hit 14-month highs [at Financial Times] - Eurozone money market rates have hit 14-month highs in a sign that strains in the financial system are easing as commercial banks scale back their dependence on the European Central Bank for loans. us.rd.yahoo.com |
NZ dollar reaches 27-month high The New Zealand dollar pushed up to a 27-month high against the greenback overnight but then rapidly fell back, to be widely lower early today than it was yesterday evening.By 8am today the NZ dollar was buying US75.60c, down... nzherald.co.nz |
In Irish Bank Crisis, a Texas-Style Solution Is Unlikely In the 1980s, regulators dealt with the crisis in Texas banking by letting financial institutions go bankrupt. That solution is unlikely to work in Ireland. nytimes.com |