| Eurozone rescue fund aims for top rating (at Financial Times) The eurozone s new sovereign rescue fund on Monday begins its quest for a vital triple A credit rating as officials from the European Financial Stability Facility kick off a series of meetings with rating agencies. us.rd.yahoo.com |
NZ dollar falls vs greenback The New Zealand dollar fell to a three-week low against the greenback, as investors ditched all manner of risky assets, including higher-yielding currencies and stocks.The United States dollar was headed for its best day in nearly... nzherald.co.nz |
Forex & Commodities: Yen Dips, Japan May Curb Yen Strength (at CNBC) The dollar firmed against the yen on Friday, after a report that Japanese prime minister Naoto Kan may speak to the press later today on steps to deal with the yen s recent surge. us.rd.yahoo.com |
EU pushes China on currency - but action unlikely BRUSSELS - Countries around the world are acting to keep their currencies from rising, in what one official calls a looming "international currency war." Europe, however, stands out as unlikely to intervene and lower the value of... nzherald.co.nz |
Currencies: Dollar reverses most of its China-triggered gains The dollar gives back a good chunk of the gains logged in the wake of China's tightening move. us.rd.yahoo.com |